We talk to people all the time that want to make money trading/gambling on Betfair as they love Sport and they see it as an opportunity to give them an enviable lifestyle and release them from the shackles of their boring 9 - 5 life.
What never ceases to amaze us though is that the vast majority of these people are not willing to put the time and effort into becoming successful. More often than not, they will deposit a couple of hundred pounds in their account and after a few weeks, they have lost it and they become disillusoined and then think that its just not possible to make a living trading on Betfair.
Now, consider this, how long does it take to train to become an accountant, a doctor or a vet or in fact, how long does it take to become proficient at any well paid job - the answer is typically measured in years and definitely not months.
Consider also, in any other profession would you not have some sort of formal education to become proficient? Well why do people undertaking a career (even if its part time) not take advantage of the education and help that is available? I can only guess that it comes down to the fact that they are not willing to pay for this education - but what about the saying 'speculate to accumulate'. You will lose far more money than it costs for the education by trying it on your own and you will probably give up - denying yourself the opportunity and lifestyle that sports trading undoubtedly gives to those willing to master it.
So the next time you start trading, ask yourself, are you giving yourself the best chance of success? Why not complete our Free Investor Profile questionnaire to get an idea of the level you're at - click on the following link take the Sports Traders Health Check
For more information on trading the Sports Markets, please visit www.interactivesportsinvestor.com.
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