A small favour

[CLOWNSHOES]

Ok so i know this is very very well worn ground but i was hoping you guys could help me with reasons for not going in play.

My dad was the guy who got me into betfair years ago, not trading just laying etc. He has always been a big punter, this is where my problem arises ... Because he has been placing bets longer than i have been alive he simply will not listen to me when i say DO NOT go in play. He is absolutely transfixed by that timeform page that shows you in running lows and is convinced there is no point redding up because most horses come down 'a box or 2'. I have tried to explain so many times that it just gets me angry now. its tough when someone refuses to listen to you about something you know alot more about (although in his head he knows just as much because hes been going to bookies for years) so i get frustrated and arguments ensue , but i know this is just because i am his son. Perhaps he will listen to you guys if i show him this thread ??

I think he would be good if he only managed to drop the punter hat and don the trader hat.

Thanks in advance

[to75ne]

if your dad is a punter and he is happy being one and it is not destroying his life, or his punting is not wrecking his family, leave him alone; let him be.

trading just like gambling does not appeal to every one.

[CLOWNSHOES]

Its him who wants to give it a go. I have absolutely no problem with him or anyone gambling i just think if you want to gamble you should do that ? not trade and let stuff go in play.

[to75ne]

sorry got wrong end of stick

[bennyboy351]

I'm the world's worst to give advice re not going inplay - I do it far too often (as my account on Betfair will testify to!).

I think your dad needs to approach trading with a willingness to accept that yes, trading IS different and YES, trading will feel strange to him - at first.

I reckon if you can get him to view some of Peter Webb's training videos and gently try to explain to him the differences needed in mindset, then you'll find he will, eventually, get the bug!

I still 'have a flutter' and there's nothing wrong with that. And if its your dad who wants to have a go - not you trying to force him into trading - then I reckon you're halfway there.

I hope all goes well for you both.

Kindest regards
George.

[CLOWNSHOES]

Yeah theres absolutely nothing wrong with having a bet ... i'll have a few today as i do every saturday but these are bets ive pre planned.

I think like so many others hes decieved by how easy it looks and with those in running lows hes thinking ... oh well even if a trade goes wrong ill be able to go inplay and make 1 tick.

I guess he just has to make these mistakes for himself but it seems like such a waste of time and money when i and so many others have already made these mistakes and make them public Incredibly frustrating to watch as well but i have always been a terrible teacher.

Maybe ill tell him to trade an American race i know is going to go off early ... that'll put the fear of god into him

[bennyboy351]

Maybe ill tell him to trade an American race i know is going to go off early ... that'll put the fear of god into him [/quote]

[Dallas]

It comes down to a simple game of maths if you lay £100 @ 7.0 and let it go in play 100 times and successfully get back the £3 loss from a two tick move against you congratulate yourself and feel happy that you have just saved £300 from 100 x £3 losses.
Then all thats undone when the inevitable happens and it just free falls from the off and you lose £600 in one go.

Point your dad at Lammtarra thread "Seems simple but is devilishly difficult" he's blown bank after bank trying to fight those going in-play demons until he finally lost his latest bank just before xmas

Sometimes the only way to learn is from your own mistakes

[CLOWNSHOES]

@Dallas Ahh i was looking for that thread earlier but i couldnt remember the name thanks !

The best thing to do is probably just show him that thread and leave him too it, everyone has to make their own mistkaes and i'm a woeful teacher.