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GoSouthCourt OP t1_jctvqad wrote

Reply to comment by Perpyderpy in [OC] Gambling is a mug's game: How 4 different strategies panned out at one of the UK's largest gambling events of 2023, the Cheltenham Festival (more info in comments) by GoSouthCourt

Of course if you know the ins and outs of the horse racing industry you can make much more informed choices and enforce much more sophisticated strategies than the wider public. But consistently successfully profiting from gambling with bookmakers is not a real thing. They would have restricted you well before you can consistently profit from it.

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Perpyderpy t1_jcvd4i5 wrote

Perhaps that's true in the U.K. but being consistently profitable from Horse Racing is a very real thing in the U.S. The biggest issue for most is that the smaller casual player is not betting in a manner to potentially provide consistent long-term profits, nor are they accessing information/bankroll that the larger syndicates and groups have.

Edit:A bookie has no reason to automatically restrict you from betting because you win consistently, there are PLENTY of other people who lose consistently to pay you off.

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iwtfb4L t1_jcw1axl wrote

alright, I'm still young. I got plenty to time to hone my craft. Where can I start my path on becoming the best horse racing handicapper in the world?

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ImpliedProbability t1_jcxqvol wrote

What are you on about? Bookmakers have every incentive to restrict winning players and they do, rather quickly.

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Perpyderpy t1_jcy4i3q wrote

Shouldn't have used the vernacular "bookie", which might be more region-specific. If you win 100,000 on a pick 6 will you be banned? What if it happened once a year? Or once every two years and still enough to be profitable? Once again, maybe it's a U.K. thing. Tracks do not ban players because they win, nor do online casinos/wagering sites, in the U.S.

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Substantial_Sale9466 t1_jcwtv0r wrote

Yeah you are not getting restricted for winning at horse racing, I think the only thing they restrict you for is 21 if you are counting cards. And not many people can do that

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ImpliedProbability t1_jcxqt67 wrote

Incorrect. Winning (value oriented) players get restricted very quickly, and recent "responsible gambling checks" are used to avoid making payouts.

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