discipline, win 100-200 then quit for the week. sticking consistently to small plays where you can afford to lose 10 or even 20 games in a row and not wipe you out.
don't play parlays
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Quote Originally Posted by Cuno144:
discipline, win 100-200 then quit for the week. sticking consistently to small plays where you can afford to lose 10 or even 20 games in a row and not wipe you out.
Don't try to pick winners, pick value. What are oddsmakers not accounting for? Feel free to stop by my threads, I give plenty of that kind of detail in my write-ups. And in my post history you can find a thread I recently made about how to win in sports betting.
Most don't understand this. This is key
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Quote Originally Posted by ProudJagsfan:
Don't try to pick winners, pick value. What are oddsmakers not accounting for? Feel free to stop by my threads, I give plenty of that kind of detail in my write-ups. And in my post history you can find a thread I recently made about how to win in sports betting.
(i) know the game. You will not succeed if you don't understand the game (let alone the math it takes to interpret the lines).
(ii) do your homework (e.g., you should be able to recite a ridiculous amount of recent MLB related material)
(iii) dont be sloppy and be detail oriented... know which players are dealing with some sort of injuries, which bullpens have been taxed, which starting pitchers have questionable ailments (an example today, what is really going on with Carrasco's pectoral? I am sure the line will look funny and most blind bettors will completely overlook that obvious data point).
(iv) Keep meticulous records and STUDY them regularly. What are you doing well? What are you doing poorly? Adjust, adjust, adjust. Most people are too afraid of this, bc well.. most people fail and don't like constant reminders that they are failing. It's OK to fail though.
(v) Money management and viewing daily betting as investing. If there are 5 games worth playing, then play 5 games... if there are 0 games worth playing, then play 0 games.
(vi) Don't panic when times are bad and don't get overly excited when times are good. Both will happen and there's no way around that. If you find yourself in an emotional state - either way - do not place wagers.
(vii) Returning even 3% on risk over the course of the year - if you play every day - is VERY good. Most people don't have the patience to accumulate incremental returns and want instant gratification.
(viii) Don't be afraid to play dogs and don't be afraid to take road favorites. Both win... and often
(ix) Don't get caught up in trends that are based on players that no longer exist. That goes for both players who are no longer playing the game and players who are no longer the promising athletes they once were.
(x) There are 4 possible outcomes to any risk taken: (1) good outcome/good decision, (2) good outcome/bad decision, (3) bad outcome/good decision, and (4) bad outcome/bad decision. People reallllly struggle with (2) and (3). As the season goes on and you stick to (iv) above, you will find instances of both (2) and (3). If you don't then you're either (a) not being honest with yourself or (b) incapable of effective decision making.
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Of course there are. IMO, you have to:
(i) know the game. You will not succeed if you don't understand the game (let alone the math it takes to interpret the lines).
(ii) do your homework (e.g., you should be able to recite a ridiculous amount of recent MLB related material)
(iii) dont be sloppy and be detail oriented... know which players are dealing with some sort of injuries, which bullpens have been taxed, which starting pitchers have questionable ailments (an example today, what is really going on with Carrasco's pectoral? I am sure the line will look funny and most blind bettors will completely overlook that obvious data point).
(iv) Keep meticulous records and STUDY them regularly. What are you doing well? What are you doing poorly? Adjust, adjust, adjust. Most people are too afraid of this, bc well.. most people fail and don't like constant reminders that they are failing. It's OK to fail though.
(v) Money management and viewing daily betting as investing. If there are 5 games worth playing, then play 5 games... if there are 0 games worth playing, then play 0 games.
(vi) Don't panic when times are bad and don't get overly excited when times are good. Both will happen and there's no way around that. If you find yourself in an emotional state - either way - do not place wagers.
(vii) Returning even 3% on risk over the course of the year - if you play every day - is VERY good. Most people don't have the patience to accumulate incremental returns and want instant gratification.
(viii) Don't be afraid to play dogs and don't be afraid to take road favorites. Both win... and often
(ix) Don't get caught up in trends that are based on players that no longer exist. That goes for both players who are no longer playing the game and players who are no longer the promising athletes they once were.
(x) There are 4 possible outcomes to any risk taken: (1) good outcome/good decision, (2) good outcome/bad decision, (3) bad outcome/good decision, and (4) bad outcome/bad decision. People reallllly struggle with (2) and (3). As the season goes on and you stick to (iv) above, you will find instances of both (2) and (3). If you don't then you're either (a) not being honest with yourself or (b) incapable of effective decision making.
Thank you cappers. This is some great advice, I plan to start my investing today. I have done well but I've always been into the instant gratification state, so I wanted to win $1000 in a week instead of $100 a week.
Wise words by everyone.
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Thank you cappers. This is some great advice, I plan to start my investing today. I have done well but I've always been into the instant gratification state, so I wanted to win $1000 in a week instead of $100 a week.
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