Knuckle down for some hard work

You see it on the Betfair forums all the time. New users full of enthusiasm expectantly asking for the key to untold Betfair riches. Of course, there is no one size fits all path to Millionaire's Row. Success requires hard work - a point made well by Mark Iverson in his latest blog entry.

Following a successful but tiring weekend's trading he asks why people think trading is easy before pointing out a few realities. Like it isn't. It requires dedication, hard work and discipline. An interesting piece, thought provoking and well worth a read.

Someone putting in the hard work and reaping the rewards is Dip over at Find Free Lay. Filing his blog entry from his mobile on his sick bed might be dedication beyond the call of duty!! But the message of how to increase your profit is sound. Good traders are always willing to learn, try new ideas and refine their strategies. Looks like Dip has read The Betfair Trader's recent money management post and picked up on a new idea that he's now using to improve his profits.

Someone reviewing their own bankroll strategy is Gareth over at Small Time Sports Trading who had a disasterous weekend. He admits he was being too aggressive with his staking in order to build a bigger bankroll and got caught out resulting in him losing over 85% of his month's profit to date. Not good. But Gareth has a winning trading history since starting his blog and will no doubt bounce back. Good luck sir!

Finally betting blog land has thrown up a couple of well researched tips for tonight's Euro 2008 qualifiers. Cloning Arteta has a pick on the Germany game while Ante Post Sports Trading has one on the England match.