Take a Risk? – Why Not, You Only Live Once…

Risk Taking. We all do it. From crossing the road to bungee jumping, everyone takes risks all day long, everyday. The word ‘Risk’ is defined as something with an unknown ending – meaning that you can undertake something but there is always an element of doubt as to whether or not it will all work itself out in the end.

From the moment we are born risks are everywhere, and as we grow we seem to be more aware of the risks around us.

A recent study of risks people were willing to choose to take are:-

·         Parachuting

·         Base Jumping

·         Jumping over the Snake River on a motorcycle (Evil Knievel – Say No More!)

·         Asking your boss for a payrise

·         Getting toast out of a toaster with a knife (we’ve done it and been electrocuted – its not nice!)

·         Not washing hands before eating (that’s you, you know it is!)

Personally, we think that is what keeps things exciting.

Take this morning. We were driving along the road and our petrol light came on. So after saying ‘I’ll get to the next petrol station’ we kept driving. And then we passed the next one, and so on. If we are honest, it was a tiny bit exciting, wondering whether we would make it – sad we know!

Thrills keep you young, and the excitement of not knowing the outcome is what keeps life interesting.

It is true that there are some people who do everything to avoid risks, and play safe all the time. If you are one of those people ask yourself, when was the last time you took a risk? Whatever the word ‘risk’ means to you, you probably play it safe a bit too much. Life is supposed to be fun, exhilarating, lived to the max and most of all exciting – or what’s the point?

The point of this Risk blog is to address what we know people worry about in the betting world, especially in the Sports Arbitrage area.  Check online and you will get people posting questions over how risky it is. Gambling, they say, is too risky to invest in. The real trust is that this scares them. However, its not scary at all - we know its not. But then you probably think we are paid to tell you that.

The thing with risks is that all risks can be counterbalanced. A bit like a see saw (and they are fun, right)

The main question people have is how can we win as we are gambling. Well, here goes in terms of a counterbalance - we don’t gamble! All of the transactions we make are mathematical certainties, checked by traders so that you cannot lose.

Not only do we grab margins from horses, but we also are hugely successful at grabbing margins on football matches too!

Check out our video for more information on this:

If you are still not convinced then we suggest you stay in bed!