I'm a self-proclaimed degenerate. Was up 20 units ($100 units) then blew it all chasing today. $2,500 gone in a matter of hours. I enjoy blaming the team and making troll posts about it - gets rid of the stress. Now that I'm back to square one (or rather -$500), I'll need to grind my way back to profit instead of blowing more money out the window
The funny thing is, this has happened at least three times - getting into plus money and then blowing it all in one go. It's a never ending cycle. If I kept my hand in check I'd be up at least 40 units. Regret every single f*cking time.
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I'm a self-proclaimed degenerate. Was up 20 units ($100 units) then blew it all chasing today. $2,500 gone in a matter of hours. I enjoy blaming the team and making troll posts about it - gets rid of the stress. Now that I'm back to square one (or rather -$500), I'll need to grind my way back to profit instead of blowing more money out the window
The funny thing is, this has happened at least three times - getting into plus money and then blowing it all in one go. It's a never ending cycle. If I kept my hand in check I'd be up at least 40 units. Regret every single f*cking time.
JS you seem like a good capper but you also seem to have a dislike of Key. As soon as he commented on your piece with a very even tone you got uppity and did not address his points. What rubbish about humanity etc. he merely stated that the degenerates who need to change their ways will not be helped by pinning of this or any other piece about money management. He also stated it has been written many times which is also true. You really do yourself a disservice with your apparent jealousy and claiming in writing to be very good. Let others draw their own conclusions from your record. Nothing else matters
And on subject, most degenerates know their issue is money management. They just can't do it
You might as well post on a smokers forum that all that coughing will go away if you just stop. You think people don't know this?
Good luck with your plays
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JS you seem like a good capper but you also seem to have a dislike of Key. As soon as he commented on your piece with a very even tone you got uppity and did not address his points. What rubbish about humanity etc. he merely stated that the degenerates who need to change their ways will not be helped by pinning of this or any other piece about money management. He also stated it has been written many times which is also true. You really do yourself a disservice with your apparent jealousy and claiming in writing to be very good. Let others draw their own conclusions from your record. Nothing else matters
And on subject, most degenerates know their issue is money management. They just can't do it
You might as well post on a smokers forum that all that coughing will go away if you just stop. You think people don't know this?
well said and I hope that's why they act like idiots saying someone should die, piece of crap etc. You would hope they have a bit more sense in real life but I don't know. I had to stop betting wildly a little ways back. I was depositing to my book multiple times a week. I would win quite a bit and blow it. So I asked them to lower my wager to $25 after I won a good chunk, withdrew a good part of that and have only deposited once in the last around 2 months. Some made fun of me since it's $25, but I have saved tons of money not having to deposit and have shaved the extra off the top a few times and withdrawn. I had to force myself to be disciplined.
great disciplined, which book(s) allow that?
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Quote Originally Posted by Jarrett75:
well said and I hope that's why they act like idiots saying someone should die, piece of crap etc. You would hope they have a bit more sense in real life but I don't know. I had to stop betting wildly a little ways back. I was depositing to my book multiple times a week. I would win quite a bit and blow it. So I asked them to lower my wager to $25 after I won a good chunk, withdrew a good part of that and have only deposited once in the last around 2 months. Some made fun of me since it's $25, but I have saved tons of money not having to deposit and have shaved the extra off the top a few times and withdrawn. I had to force myself to be disciplined.
great post but I'll not agree with some of the things you said
1. you said degenerate gives fault to player/team/coach by saying various frustrating words, trust me this has nothing to do with being degenerate or having best virtue of patience. The events happening in all kinds of sports(amateur kind of explainable, you can say lack of expertise, problem is in professional sports) such as a basketball team blowing 20+ pt lead in one quarter, a mlb team blowing 5 run lead in bottom of 9th, etc this has nothing to do with behaviour of gambler, this is absolute crap and the team's lack of respect to their professionalism, where they are very lucky and they betray that
2. also you said you put 3,6% of bankroll and can replace bankroll 5 times, I guess you have 10k bankroll, with 50k set aside approximately. If you have these kind of money, you can apply this, but when you have this kind of money, why not invest it in real estate/land or risky a bit but stocks etc? instead keep it for gambling? personally I deposit only the amount i want to bet, say I want to bet $300, then I deposit $300 if I lose I deposit more, if I win I keep playing until I reach my goal say 1K, then start again. So saying this, I will be betting my bankroll or 50% of it everytime, which is ok with me, as long as I can afford to lose this.
Saying I agree with all you said, all of which must be first rules of a patient gambler, I'd like to add my thoughts, thanks for nice post
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js,
great post but I'll not agree with some of the things you said
1. you said degenerate gives fault to player/team/coach by saying various frustrating words, trust me this has nothing to do with being degenerate or having best virtue of patience. The events happening in all kinds of sports(amateur kind of explainable, you can say lack of expertise, problem is in professional sports) such as a basketball team blowing 20+ pt lead in one quarter, a mlb team blowing 5 run lead in bottom of 9th, etc this has nothing to do with behaviour of gambler, this is absolute crap and the team's lack of respect to their professionalism, where they are very lucky and they betray that
2. also you said you put 3,6% of bankroll and can replace bankroll 5 times, I guess you have 10k bankroll, with 50k set aside approximately. If you have these kind of money, you can apply this, but when you have this kind of money, why not invest it in real estate/land or risky a bit but stocks etc? instead keep it for gambling? personally I deposit only the amount i want to bet, say I want to bet $300, then I deposit $300 if I lose I deposit more, if I win I keep playing until I reach my goal say 1K, then start again. So saying this, I will be betting my bankroll or 50% of it everytime, which is ok with me, as long as I can afford to lose this.
Saying I agree with all you said, all of which must be first rules of a patient gambler, I'd like to add my thoughts, thanks for nice post
Great post! I did that long ago, but not anymore. I used to lose when I really needed a win. Now that I'm not going out on a limb, the winning is much easier.
Well said brother, the game cannot be beaten without financial discipline
It's all about financial discipline . Success Has little to do with picking winners, actually picking winners is the easiest part of the whole process, most bettors have great ability to pick winners. They're problem is they cannot control the amount they wager per game
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Quote Originally Posted by jstaley12:
Quote Originally Posted by Slimey_Bastard:
Great post! I did that long ago, but not anymore. I used to lose when I really needed a win. Now that I'm not going out on a limb, the winning is much easier.
Well said brother, the game cannot be beaten without financial discipline
It's all about financial discipline . Success Has little to do with picking winners, actually picking winners is the easiest part of the whole process, most bettors have great ability to pick winners. They're problem is they cannot control the amount they wager per game
I would estimate 80% of the posters on this site DO NOT gamble actual money. They keep track of units etc which is meaningless because they represent no monetary value. 10% wager f u c k all money like 10 or 25 bucks per game. But I would say about 10% wager significant money per play.......... those are the ones who I am referring to regarding discipline. The psychology of a bettor significantly changes if he is wagering a significant amount of actual money. Sounds over simplified I know, but it's the foundation of becoming a successful bettor. You need to be detached emotionally from your wins and loses.
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I would estimate 80% of the posters on this site DO NOT gamble actual money. They keep track of units etc which is meaningless because they represent no monetary value. 10% wager f u c k all money like 10 or 25 bucks per game. But I would say about 10% wager significant money per play.......... those are the ones who I am referring to regarding discipline. The psychology of a bettor significantly changes if he is wagering a significant amount of actual money. Sounds over simplified I know, but it's the foundation of becoming a successful bettor. You need to be detached emotionally from your wins and loses.
If you are getting extremely upset over a loss.....!!!! ....what does this mean? I'll tell you what it means. IT MEANS YOU ARE BETTING TOO MUCH PER GAME
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If you are getting extremely upset over a loss.....!!!! ....what does this mean? I'll tell you what it means. IT MEANS YOU ARE BETTING TOO MUCH PER GAME
Saying to someone........only bet with disposable income and you'll be fine....this is total b u l l s h I t advice because your mindset is instantly transformed into learned behaviour. In other words , your mind is now thinking..... this money is for entertainment purposes, it's to have fun, if I lose its no biggie....I'm having fun. Your mind is telling you ........it's ok to lose this money, it's alright. What inevitably happens is you WILL lose that money. It's almost guaranteed
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Saying to someone........only bet with disposable income and you'll be fine....this is total b u l l s h I t advice because your mindset is instantly transformed into learned behaviour. In other words , your mind is now thinking..... this money is for entertainment purposes, it's to have fun, if I lose its no biggie....I'm having fun. Your mind is telling you ........it's ok to lose this money, it's alright. What inevitably happens is you WILL lose that money. It's almost guaranteed
I know many novice bettors who start with say 100-500$ They will bet under normal behaviour and get as high as say 2500 - 5000$. Now their behaviour changes dramatically because the psychology has changed. They start to think of the consequences of losing a large amount OR the thrill of winning more. They begin to get extremely emotionally involved with this new found wealth and figure, I ve won this much, I must be good at this, I must know what I'm doing !! They increase their bet to 500 or 1000 a game and before they know it it's gone.......vanished into thin air. Usually only takes a few days or so to lose their entire bankroll
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I know many novice bettors who start with say 100-500$ They will bet under normal behaviour and get as high as say 2500 - 5000$. Now their behaviour changes dramatically because the psychology has changed. They start to think of the consequences of losing a large amount OR the thrill of winning more. They begin to get extremely emotionally involved with this new found wealth and figure, I ve won this much, I must be good at this, I must know what I'm doing !! They increase their bet to 500 or 1000 a game and before they know it it's gone.......vanished into thin air. Usually only takes a few days or so to lose their entire bankroll
In summary.....picking a game knowing you're betting just 10 bucks on it is VASTLY DIFFERENT THAN PICKING a game you know you're betting 1000 on. Try it sometime and get back to me about how your mind handles the two scenarios !!
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In summary.....picking a game knowing you're betting just 10 bucks on it is VASTLY DIFFERENT THAN PICKING a game you know you're betting 1000 on. Try it sometime and get back to me about how your mind handles the two scenarios !!
You'll be so s h I t scared to lose a 1000 that you will not have the mental clarity to pick a winner like you easily routinely did with 10 bets. Your mind will be so focused on the fear of losing a grand that it will impair your judgement and cause you to make a poor capping decision.
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You'll be so s h I t scared to lose a 1000 that you will not have the mental clarity to pick a winner like you easily routinely did with 10 bets. Your mind will be so focused on the fear of losing a grand that it will impair your judgement and cause you to make a poor capping decision.
The answer to everything here is to only bet 3-5 % of your entire bankroll on any one play. On occasion I will bet 10% on a play but that is very very very rare. This discipline is the only way for long term success in sports gambling. Those of you out there who know what im saying ..........you are the wise ones. It is the only path to long term profitability .
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The answer to everything here is to only bet 3-5 % of your entire bankroll on any one play. On occasion I will bet 10% on a play but that is very very very rare. This discipline is the only way for long term success in sports gambling. Those of you out there who know what im saying ..........you are the wise ones. It is the only path to long term profitability .
Betting only 3-5% per game will allow to endure losing streaks that would otherwise wipe you out. Losing streaks are guaranteed like death and taxes........ You cannot bet around them you must play through them. Meaning if you cannot endure a prolonged losing streak and stay in the game, you'll be reloading your account on a monthly basis and chasing loses.
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Betting only 3-5% per game will allow to endure losing streaks that would otherwise wipe you out. Losing streaks are guaranteed like death and taxes........ You cannot bet around them you must play through them. Meaning if you cannot endure a prolonged losing streak and stay in the game, you'll be reloading your account on a monthly basis and chasing loses.
Great post JS.... It's so true..I was always taught.." The Horses will be running tomorrow"....this includes all the sports and games still ahead to be played each day and every day..
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Great post JS.... It's so true..I was always taught.." The Horses will be running tomorrow"....this includes all the sports and games still ahead to be played each day and every day..
i can't understand why guys can't just flat bet a hundy or two. it's enough to sting if it loses and feels just good enough if it wins. plus, it keeps you out of trouble. personally my standard bet is fifty with a hundred representing a strong play. sounds boring but i haven't had to reload in a very long time and i'm in action year round. i guess guys see all the potential cake left on table from not going for the 'big score' as oppossed to the slow, methodical building of a bankroll. to each their own, i guess. this is a good thread.
No need to outrun the bear...just the next slowest guy
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i can't understand why guys can't just flat bet a hundy or two. it's enough to sting if it loses and feels just good enough if it wins. plus, it keeps you out of trouble. personally my standard bet is fifty with a hundred representing a strong play. sounds boring but i haven't had to reload in a very long time and i'm in action year round. i guess guys see all the potential cake left on table from not going for the 'big score' as oppossed to the slow, methodical building of a bankroll. to each their own, i guess. this is a good thread.
I'm a self-proclaimed degenerate. Was up 20 units ($100 units) then blew it all chasing today. $2,500 gone in a matter of hours. I enjoy blaming the team and making troll posts about it - gets rid of the stress. Now that I'm back to square one (or rather -$500), I'll need to grind my way back to profit instead of blowing more money out the window
The funny thing is, this has happened at least three times - getting into plus money and then blowing it all in one go. It's a never ending cycle. If I kept my hand in check I'd be up at least 40 units. Regret every single f*cking time.
I admire your honestly brother, a trait few possess.My question to you is what are you going to
do differently this time?Change an
action or reaction, and the Law of Cause And Effect dictates that you have to
get a different result.GL Bro
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Quote Originally Posted by fadeORdie:
I'm a self-proclaimed degenerate. Was up 20 units ($100 units) then blew it all chasing today. $2,500 gone in a matter of hours. I enjoy blaming the team and making troll posts about it - gets rid of the stress. Now that I'm back to square one (or rather -$500), I'll need to grind my way back to profit instead of blowing more money out the window
The funny thing is, this has happened at least three times - getting into plus money and then blowing it all in one go. It's a never ending cycle. If I kept my hand in check I'd be up at least 40 units. Regret every single f*cking time.
I admire your honestly brother, a trait few possess.My question to you is what are you going to
do differently this time?Change an
action or reaction, and the Law of Cause And Effect dictates that you have to
get a different result.GL Bro
i can't understand why guys can't just flat bet a hundy or two. it's enough to sting if it loses and feels just good enough if it wins. plus, it keeps you out of trouble. personally my standard bet is fifty with a hundred representing a strong play. sounds boring but i haven't had to reload in a very long time and i'm in action year round. i guess guys see all the potential cake left on table from not going for the 'big score' as oppossed to the slow, methodical building of a bankroll. to each their own, i guess. this is a good thread.
To be honest, I was chasing hot streaks I had before. I had turned a few dollars (usually deposited $50-$100) into good money (5 figures) a few times. Then proceeded over the next few months to piss it away gambling, vacations etc. I just recently got tired of it and did what I stated before and sounds like you did the same. I am much happier now even though I am not making as much money. But I am not losing as much either.
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Quote Originally Posted by Natty68:
i can't understand why guys can't just flat bet a hundy or two. it's enough to sting if it loses and feels just good enough if it wins. plus, it keeps you out of trouble. personally my standard bet is fifty with a hundred representing a strong play. sounds boring but i haven't had to reload in a very long time and i'm in action year round. i guess guys see all the potential cake left on table from not going for the 'big score' as oppossed to the slow, methodical building of a bankroll. to each their own, i guess. this is a good thread.
To be honest, I was chasing hot streaks I had before. I had turned a few dollars (usually deposited $50-$100) into good money (5 figures) a few times. Then proceeded over the next few months to piss it away gambling, vacations etc. I just recently got tired of it and did what I stated before and sounds like you did the same. I am much happier now even though I am not making as much money. But I am not losing as much either.
i can't understand why guys can't just flat bet a hundy or two. it's enough to sting if it loses and feels just good enough if it wins. plus, it keeps you out of trouble. personally my standard bet is fifty with a hundred representing a strong play. sounds boring but i haven't had to reload in a very long time and i'm in action year round. i guess guys see all the potential cake left on table from not going for the 'big score' as oppossed to the slow, methodical building of a bankroll. to each their own, i guess. this is a good thread.
You're totally on the right track ......keep it up. The fact that u haven't had to reload in a long time says it all. Well done
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Quote Originally Posted by Natty68:
i can't understand why guys can't just flat bet a hundy or two. it's enough to sting if it loses and feels just good enough if it wins. plus, it keeps you out of trouble. personally my standard bet is fifty with a hundred representing a strong play. sounds boring but i haven't had to reload in a very long time and i'm in action year round. i guess guys see all the potential cake left on table from not going for the 'big score' as oppossed to the slow, methodical building of a bankroll. to each their own, i guess. this is a good thread.
You're totally on the right track ......keep it up. The fact that u haven't had to reload in a long time says it all. Well done
JS you seem like a good capper but you also seem to have a dislike of Key. As soon as he commented on your piece with a very even tone you got uppity and did not address his points. What rubbish about humanity etc. he merely stated that the degenerates who need to change their ways will not be helped by pinning of this or any other piece about money management. He also stated it has been written many times which is also true. You really do yourself a disservice with your apparent jealousy and claiming in writing to be very good. Let others draw their own conclusions from your record. Nothing else matters
And on subject, most degenerates know their issue is money management. They just can't do it
You might as well post on a smokers forum that all that coughing will go away if you just stop. You think people don't know this?
Good luck with your plays
So did Key give you a permission slip to leave the Key compound to post this, or are you doing this on your time for 'extra credit'?
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Quote Originally Posted by Julespussy:
JS you seem like a good capper but you also seem to have a dislike of Key. As soon as he commented on your piece with a very even tone you got uppity and did not address his points. What rubbish about humanity etc. he merely stated that the degenerates who need to change their ways will not be helped by pinning of this or any other piece about money management. He also stated it has been written many times which is also true. You really do yourself a disservice with your apparent jealousy and claiming in writing to be very good. Let others draw their own conclusions from your record. Nothing else matters
And on subject, most degenerates know their issue is money management. They just can't do it
You might as well post on a smokers forum that all that coughing will go away if you just stop. You think people don't know this?
Good luck with your plays
So did Key give you a permission slip to leave the Key compound to post this, or are you doing this on your time for 'extra credit'?
Well said brother, the game cannot be beaten without financial discipline
It's all about financial discipline . Success Has little to do with picking winners, actually picking winners is the easiest part of the whole process, most bettors have great ability to pick winners. They're problem is they cannot control the amount they wager per game
I agree, and disagree simultaneously.
Success has much to do with picking winners, AND financial discipline,
without FD it doesn’t matter because unless your win rate is 100% you
could go broke in a day. Adversely, if
your win rate is 25% you need each wager you make to be and average of +300, or
you are losing money. That is a
statement for example, obviously you could win a few +100 games and then a few
+400 games, but you get my point. To
make money in this game you need both, but if you lack FD, you are done before
you start. GL to you bro
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Quote Originally Posted by Alien-1:
Well said brother, the game cannot be beaten without financial discipline
It's all about financial discipline . Success Has little to do with picking winners, actually picking winners is the easiest part of the whole process, most bettors have great ability to pick winners. They're problem is they cannot control the amount they wager per game
I agree, and disagree simultaneously.
Success has much to do with picking winners, AND financial discipline,
without FD it doesn’t matter because unless your win rate is 100% you
could go broke in a day. Adversely, if
your win rate is 25% you need each wager you make to be and average of +300, or
you are losing money. That is a
statement for example, obviously you could win a few +100 games and then a few
+400 games, but you get my point. To
make money in this game you need both, but if you lack FD, you are done before
you start. GL to you bro
great post but I'll not agree with some of the things you said
1. you said degenerate gives fault to player/team/coach by saying various frustrating words, trust me this has nothing to do with being degenerate or having best virtue of patience. The events happening in all kinds of sports(amateur kind of explainable, you can say lack of expertise, problem is in professional sports) such as a basketball team blowing 20+ pt lead in one quarter, a mlb team blowing 5 run lead in bottom of 9th, etc this has nothing to do with behaviour of gambler, this is absolute crap and the team's lack of respect to their professionalism, where they are very lucky and they betray that
2. also you said you put 3,6% of bankroll and can replace bankroll 5 times, I guess you have 10k bankroll, with 50k set aside approximately. If you have these kind of money, you can apply this, but when you have this kind of money, why not invest it in real estate/land or risky a bit but stocks etc? instead keep it for gambling? personally I deposit only the amount i want to bet, say I want to bet $300, then I deposit $300 if I lose I deposit more, if I win I keep playing until I reach my goal say 1K, then start again. So saying this, I will be betting my bankroll or 50% of it everytime, which is ok with me, as long as I can afford to lose this.
Saying I agree with all you said, all of which must be first rules of a patient gambler, I'd like to add my thoughts, thanks for nice post
Your point 1 is different than mine I believe, and not
always correct, in my opinion anyway. My
point in that was people being enraged at a team they were riding and
lost. Think about it, if you waged $1 on
a game and that team lost in the 9th inning with a 5 run lead and
two outs and you did not particularly like or dislike that team, would you get
angry? Probably not, and if you did you
are probably that guy on the road that flips off 10 people going to the grocery
store and back. Secondly, just because a
team loses a late lead does not dictate the fact that these players don’t
respect the sport, the game, or themselves.
Look at the Mets last night vs the impotent Marlins, they almost blew
the game in the 9th inning.
Now anyone following MLB knows that the Mets are probably one of the
most motivated teams in the game today, especially after finding the right mix
at the deadline and finding the missing offense.
To your second point, we are worlds apart in this one. How much I have, don’t have, or wage is not
something I would state on this forum, but if I did, I assure you that you
would not believe me, and I will leave it at that. I post my plays with a denomination that is
relatable to the average Joe on the forum as best I can. Obviously, you feel that Real Estate and
Stocks are the superior investments in today’s world. Well I can assure, lol, you that if that is your opinion, then you did
not get raked through the gutter with me in 2008, and you are speculating using
vague information. Sportsbetting is
guaranteed as long as I win enough with adequate lines, in other words I get to
control the variables, not the case in Real Estate and the Market. My a** still hurts from 2008.
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Quote Originally Posted by guyhopestowin:
js,
great post but I'll not agree with some of the things you said
1. you said degenerate gives fault to player/team/coach by saying various frustrating words, trust me this has nothing to do with being degenerate or having best virtue of patience. The events happening in all kinds of sports(amateur kind of explainable, you can say lack of expertise, problem is in professional sports) such as a basketball team blowing 20+ pt lead in one quarter, a mlb team blowing 5 run lead in bottom of 9th, etc this has nothing to do with behaviour of gambler, this is absolute crap and the team's lack of respect to their professionalism, where they are very lucky and they betray that
2. also you said you put 3,6% of bankroll and can replace bankroll 5 times, I guess you have 10k bankroll, with 50k set aside approximately. If you have these kind of money, you can apply this, but when you have this kind of money, why not invest it in real estate/land or risky a bit but stocks etc? instead keep it for gambling? personally I deposit only the amount i want to bet, say I want to bet $300, then I deposit $300 if I lose I deposit more, if I win I keep playing until I reach my goal say 1K, then start again. So saying this, I will be betting my bankroll or 50% of it everytime, which is ok with me, as long as I can afford to lose this.
Saying I agree with all you said, all of which must be first rules of a patient gambler, I'd like to add my thoughts, thanks for nice post
Your point 1 is different than mine I believe, and not
always correct, in my opinion anyway. My
point in that was people being enraged at a team they were riding and
lost. Think about it, if you waged $1 on
a game and that team lost in the 9th inning with a 5 run lead and
two outs and you did not particularly like or dislike that team, would you get
angry? Probably not, and if you did you
are probably that guy on the road that flips off 10 people going to the grocery
store and back. Secondly, just because a
team loses a late lead does not dictate the fact that these players don’t
respect the sport, the game, or themselves.
Look at the Mets last night vs the impotent Marlins, they almost blew
the game in the 9th inning.
Now anyone following MLB knows that the Mets are probably one of the
most motivated teams in the game today, especially after finding the right mix
at the deadline and finding the missing offense.
To your second point, we are worlds apart in this one. How much I have, don’t have, or wage is not
something I would state on this forum, but if I did, I assure you that you
would not believe me, and I will leave it at that. I post my plays with a denomination that is
relatable to the average Joe on the forum as best I can. Obviously, you feel that Real Estate and
Stocks are the superior investments in today’s world. Well I can assure, lol, you that if that is your opinion, then you did
not get raked through the gutter with me in 2008, and you are speculating using
vague information. Sportsbetting is
guaranteed as long as I win enough with adequate lines, in other words I get to
control the variables, not the case in Real Estate and the Market. My a** still hurts from 2008.
Great post JS.... It's so true..I was always taught.." The Horses will be running tomorrow"....this includes all the sports and games still ahead to be played each day and every day..
Well said sky
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Quote Originally Posted by skyclassic:
Great post JS.... It's so true..I was always taught.." The Horses will be running tomorrow"....this includes all the sports and games still ahead to be played each day and every day..
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