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People used to make a thing out of it more, especially older people. Today it's hardly an issue. My younger children are getting to understand it gradually.
And they get it that there's usually money around and they get what they want. What they answer if someone asks them in school what I do, I don't know.
They definitely aren't ashamed. Are you ever worried that you're setting a bad example with your profession.
My older son is 18 and he recently needed a job. I offered him one supporting me. He was at my place for a week and got to know my program and the statistics, rankings etc.
Showing him the ropes is something like a legacy. Also because there's nobody who can work the program except for me.
So I'm not setting bad example. By signing up to the VICE newsletter you agree to receive electronic communications from VICE that may sometimes include advertisements or sponsored content.
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The Life of a Professional Gambler. Dirk Paulsen lives purely on football betting, and he feeds his family with it. Several professional gamblers, especially poker players, have made into the public eye.
The stories surrounding such individuals are often fascinating. Indeed, many of them have had books written about them or even films made about them.
Some of these books and movies glamorize the life of a gambler, while others show the depths of despair that gambling can lead to.
Some do both. You can find information on some of the best gambling books and movies on this site, on the following pages.
In this part of our site, we look at the most famous gamblers ever to have walked the planet. Below you will find details of some of the greatest gambling legends of all time.
Archie Karas, a Greek-American is quite simply a legend in gambling circles. He has won and lost huge fortunes several times over and is considered by many to be the greatest gambler of all time.
It could of course be argued that a truly great gambler would have held on to his fortunes, but there is little doubt that Karas has earned his reputation.
This is the both the longest and the largest winning streak ever to be documented. Karas went on to lose the lot throughout Even before that run he had won and lost millions.
Born in Greece, Karas ran away from home aged just He came to America after working on as a waiter on a ship and found work at a restaurant in Los Angeles.
The restaurant was next to a pool hall and after working on his skills he started to make money through winning money games. As the number of opponents willing to play him dwindled, he started playing poker.
At this point he headed for Las Vegas seeking a change in fortunes, and it was there that his amazing run started. However the stock market crash in left him more or less bust.
In , financial struggles forced Aspinall to return to gambling. He set up a casino in Han's Place, and in four short years making 8 million per annum.
A large amount of the money was kept for the upkeep of the zoos. In response, he opened another casino in Curzon Steet in It was soon making good money.
In his later years, Aspinall suffered from cancer and fought it bravely but passed away on the 29th June at Westminster, London aged The Aspinall Foundation.
That could be with regard to their stature, physical and mental, bets small or large or even reputation. In the melting pot of gamblers - from all walks of life - you hear some amazing stories.
I love the extremes you see in people. Some bet big money and as disciplined as they come while others are mad, reckless, wild and destined to lose every last penny.
It's a certain type of personality, character trait, that captures the attention of the everyday punter. Harry Findlay always reminded me of a gambler who was pretty much on the edge.
I think he loved the thrill to push his skill and luck to the limit. You may have heard about an East End gangster called 'H'. He had a reputation as a hard man and reckless gambler.
If you've been around London long enough you will know who I am talking about, said his friend. He's flat broke living on benefits in Loughton, waiting for a liver transplant.
He looks after the gardens of the flat he lives. It's a sobering thought to think he lost millions on the horses and dogs. One bet stuck in the mind.
I watched the race to see Admiral's Cup beaten by a short head. I looked posh in my mourning suit and top hat and the ladies looked gorgeous.
He tried to wipe out every bookie in the enclosure with massive ''stupid'' bets. He must have been half a million pounds down by the last race.
This time, his horse won by a short head, after a 5-minute wait as they magnified the photo finish. Once again, he didn't turn a hair.
There was no sign of emotion. Now he cuts the grass and prunes the rose bushes for the old ladies for a cup of tea and biscuit.
Note: I have no evidence this story is true. In truth, it could be anything: insightful, sinister, corrupt The adjectives could go as long as you want.
I guess the latter does a disservice to the professional status of the true gamblers as the corrupt aren't really anything but criminals.
From my point of view, I have read about many professional gamblers - the vast majority being interested and dedicated to horse racing.
In this modern world of betting exchanges and laying horses and trading we have a new breed of gambler.
However, my observation is more about the retro gamblers of past: Alec Bird, Phil Bull, Dave Nevison, Harry Findlay et al.
I know some of you will be reading that list and think, 'He wasn't much of a gambler'. Or you have umpteen gamblers you would add to the list.
Admittedly it is a short list. I often irritate people by adding Terry Ramsden to my list of professional gamblers just to get a response.
Although he lost a lot of money betting on horses he did, don't forget, make millions as a stock broker which is still a professional gambler as far as I can see.
The one thing I noticed when reading about each of these aforementioned names is that they had very little in common. I often ask people what does a tiger and a table have in common?
For example, Phil Bull was all about the fastest horses with regard to the clock. All these professional gamblers had their own niche, a skill honed by years of trial and error to one day beat the odds.
Not one, as far as I am aware, waved a magical horn from a defunct, hapless unicorn or recited a spell stolen from some old dear who lived round the corner from Rumpelstiltskin.
It's funny to read how a given gambler would say never bet in this race type or price and there is one of their counterparts detailing how they make regular money doing exactly that.
Any half wise gambler can appreciate that every winner is the answer to the question in that if you can understand what made it a winner could well be used to find more winners.
The problem is most gamblers never stop to think. Have you as a gambler ever stopped to question why your horse won or lost? You may be thinking that sounds a boring endevour.
However, if you don't understand the reason you are missing the best part of the race. My niche is two-year-old horse racing.
I don't pretend I understand any other age group. I enjoy saying I know nothing about the National Hunt or even three-year-old colts, geldings and fillies.
What makes you a winner or a loser when it comes to gambling is what makes you different from the crowd.
It's the same if you spread yourself too thin. Ever wondered why those contestants have a specilised subject?
If you want to be a successful gambler you need to know your subject better than your average bloke down the bookies.
It will be a long road and painful experience to realise, if you ever do, that you literally backed the wrong horse.
Eddie 'The Shoe' Fremantle is a freelance journalist, horse racing analyst and professional punter, probably best known, nowadays, for his punditry on the 'Racing TV' television channel.
Fremantle developed an interest in horse racing at an early age and, in an interview with Star Sports in , recalled backing Balliol in the King's Stand Stakes and Lassalle in the Gold Cup at Royal Ascot in although, by his own admission, he could not 'really remember much about it'.
I've stormed through the first three or four chapters. It's a decent read full of wit and wisdom from the multi-talented grandson of the psychoanalyst Sigmund Freud.
It's interesting to read how Clement considered having a horse in training would give him an advantage to privileged information meaning he would win a few quid gambling.
Over the years, he had a number of horses in training, often in partnership with friends and acquaintances. In fact, he even owned a horse with Uri Geller, called Spoonbender.
Unfortunately, that didn't result in a winner. In fact, Freud seemed to often struggle with horse trainers, swiftly moving them to pastures new if the handler didn't quite live up to expectation.
One reason given was that when you are paying considerable fees that you want to be able to phone the trainer at any time. It's interesting that when a horse was moved from a stable the trainer was rarely mentioned by name.
Anyway, it seems along the way that Clement had a number of horses in training starting with one he bought after winning a selling race.
That didn't turn out to be the best move as it seemed to be permanently lame. Writing his column in the Racing Post, he gave a warts-and-all narrative of his hopes for his horse s and their chance of winning.
Many times they won unexpectedly or when fancied failed to shine. From reading his prose, it seems that the likelihood of making a return on just about any equine investment is a very unlikely happening.
However, he did have one or two bets that put a smile on his face. The respected owner said: ''He had two more runs, one at Ayr, the other at York and was placed at short prices each time, the short prices not wholly unconnected with my investments.
Michael Chapman, the new trainer, sealed a win at Wolverhampton with an easy six-length victory. The horse was pretty consistent racing six times with Chapman, however, Freud fell out with the trainer and moved Eau Good to Brendan Powell, in the West Country.
For example, there is historically very little difference between home and away wins in the Scottish Third Division.
One year, 42 per cent of wins in that league came from visiting teams. If I thought I could influence a result with my money I'd never bet again.
I only did my homework on information the bookies should already have had at hand. In the end, Ansell turned from poacher to gamekeeper and began pricing the Scottish markets for one firm.
He added: "The pricing errors from five years ago are not there any more. The bookies don't exist to allow you to take money indefinitely.
They always change their prices in the end. It's only marginally worth betting on. By Gary Ralston. Daniel Kahneman — Thinking, Fast and Slow.
In second place Moneyball is recommended 5 times by 5 guests. About BitEdge. I have been living on crypto since More by BitEdge.
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