Down 50g in 2months I need the fourm community help

Talked to my bookie he gave me %20 kickback so I would of been down more than 50g , crazy thing is I was up 25g in January..

books always win.....

lower your bet to 500 like you said, and hope you get hot and starting chipping away at the 50k, ignore the 50k number though and just try to earn 500 at a time, 

dont get greedy if you get on a hot streak,,,,is this what happened when u got up 25k? or did ur picks go cold??

if i was you I would start with 1k-5k and see if you can build 1k profit.....do that 50 times and you get ur 50k back.....gonna take 8+ months most likely

and dont try to win it all back quickly....you wont

also one other thing I just recently developed

treat the wins/profit as free bets.....dont treat it as money......it will change your mentality a little bit for the better

@dubz4dummyz

This!

@dubz4dummyz

 Yes couldn't agree more .. hit the nail on the head!

@dubz4dummyz

 It was both when I was up 25k I was hot from striaght plays and live I would watch the lines all game till it was a good play so I ended up ethier hedging the original play or grand slam both standard and live play. I would play 10-14 plays a day and hit 70-80% some days 100% , then I went cold right after and then I got greedy started to play more than when I was up 25k 

@dubz4dummyz

Sorry could you explain this one more , wouldn't you get more greedy if you treat like free bets ? 

yup just slow your roll a little....you will never make that 50k back in 6 months without crazy luck so you are gonna have to be in it for the long haul now

Id take 500 or 1k and try to double it every month or 2, slow and steady wins the race

hopefully your book will offer some free bets or spend 20$ get 10$ and you can hedge for guaranteed profit (free bets)

the most important thing is just treat the wins like free bets.....you arent winning any money til you withdraw it anyways

just like stocks.....it aint a profit til you sell

my buddy held the bag on a penny stock and lost out on 2k......thought it was going higher and it didnt.....went back to .08 where he bought at.....

@Maxhedge8o8

 no because you aint winning anything but a free bet....who cares you either win a free bet or lose the bet....

its not like OMG i just won 1k!!!!!.....well no you didnt win 1k at all.....you won the 1k you are gonna bet tomorrow regardless.......

Dude, I have been there just off a weekend of games months of profit just throw the fuck away in a short time. I couldn't go on losing $300,000. I mean it is real money. You could  after Covid travel the world for a decade easy with 300K. But I was down I think max two years ago around 80K. Which was winnings over a decade abd a half but also I took out about 40k from savings. I really don't know now when I look back why I was betting $20,000 on games, $5000, $10,000 spreading on my off shores and casinos in thr tri state Area.  I would have $100,000 in action over a weekend so the vig is $10,000 which just kills you after all that stress I would be up or down a couole hundred. I don't know my brain really went haywire it is almost like I can't remember it. I was numb to winning or losing anything under $4400. Money didn't seems really especially on the phone. Like spreading out $10,000 really wasn't real money. I didn't sleep much, my social life became shite, I did exercise a lot.  I don't really drink but yeah it was like my mind went on auto pilot.  Even now I wondered what the fuck happened.  I took a lot of shite on this forum when I posted amounts. But then had a death in the family had to be at the bedside and was around family members and I got hold of myself again.  Funny thing is I really didn't have to wake up and go to work for my money. I import and export from Asia and I have all Asians that rent from my properties also was left money from family members dying and I don't know. Too much time on my hands and I think I had reverse culture shock after living in Asia for 12 years. Speaking a different language living in a subtropical-tropical area not traveling to different countries.  I was bored in the USA and wasn't really hapoy living in the USA. Crazy thing is big betting amounts never increased winning amounts.  Your using Bitcoin so if you have had it for ten years or longer you know the values have skyrocketed for us but it is still real money. Now I can go to ATMs everyday and get out real cash even at a gas station. I made what is now a big bet for me $3300 on the Suns last night and got lucky and won by .5. I only keep $25,000 off shore now and $25,000 to go to the casinos in my area. I was seeing a therapist for my surgeries so I can prolong coaching,  playing tennis. But really the sessions turned into why I gamble and how much not about my shoulder, back, ankle, foot and knee surgeries and all the rehab I have to fo now and the pain. It is all tied around ego and We can beat the numbers through hardwork and our oen computer modeling.  But now I really look at it as luck because do much of it is just tiny things that happen.  Basically luck most of the time.  I don't know but talking about it helped me a lot. I also found out the net profits at the end of the week are almost the same as if I bet $2000 a game or $200. You don't get that King of the world feeling when you go 9-1 and are up $70 000 but you also don't get that really dark depression when you lose $80,000 in a few weeks. In the end with the vig. It is tough with large amounts.  I promised myself I would bet just $110 to $220 on march madness.  My tailing soccer bets have brought in money for 26 weeks and lost money for 3 weeks. I just let go of ego and really never watched games much. Now the I am vaccinated and hopefully the world opens back up I will be off to Asia again but I get the feeling of losing control of betting amounts.  It is up and down, up and down.  I decided with some great help to enjoy my life. Gamblers usually look like shite and are unhealthy   Anyway good luckThe Showtime series is called ACTION.  It will open your eyes.

Also, the young kids losing money is sad as fuck. They max out their Credit cards and don't have a pot to piss in or a window to throw it out. As sokn as they get money they gamble.  That is the really sad thing watching 20 year old guys that get so juiced up betting $500 and losing it then asking their family for money. The spread of gambling to young people will have a devastating impact on their lives and future now that gambling is everywhere.  Anyway, see if your net outcome is much different in a month making much smaller bets

@FRANKtheBANKss

 another VERY IMPORTANT point

GAMBLING is 100% RATIOS.....

frank brings up a great point regarding big dollars and profit, you need to risk a lot more money for the same ratio of profit.....

I personally have never made a bet over 25$ (frugal/cheap but I also know the book always wins and that the numbers are all just ratios)

no because you aint winning anything but a free bet....who cares you either win a free bet or lose the bet....

its not like OMG i just won 1k!!!!!.....well no you didnt win 1k at all.....you won the 1k you are gonna bet tomorrow regardless.......

I HOPE EVERYONE ON HERE FULLY UNDERSTANDS THIS.....

Oh ok yes I already had that mentality, like I said when I win 1-5k i don't feel anything cause I'm playing again same day or the next day 

AND THIS IS THE REASON WHY I LIKE SELECTIVE BETTING

NOTICE A TON OF GUYS ON HERE WITH 8+ BETS A NIGHT, WITH THE JUICE YOU ARE PAYING AND THE LIKELINESS OF PLAYING -120 OR WORSE ODDS IT IS ALMOST IMPOSSIBLE TO COME OUT AHEAD......

@Maxhedge8o8

 ya hence why you are losing the joys of winning and hating the feeling of losing.....Id lower your bet amount immediately if you are becoming immune to the joys of winning,,,,,,no point you are only gonna get more mad and chase if you lose more.....and if you win you dont care anyways

that is slightly happening to me right now but the weather is getting nicer so I might not bet everyday like I do in winter......

last night I bet 6$ and I am more pissed about the 3$ loss than the 11$ win.....human nature

I just wanted to track my picks on here, right now Im at 93-67-2, and am barely up any money cause a lot of parlays go 1-1

so even with a good/decent record the house is still basically winning

just trying to prove to myself if i can actually make money at smaller $ amounts before i decide if I should wager more

because liek I said above it is 100% ratios.....nothing more nothing less

you bet 2 to win 6

you bet 20 to win 60

you lose the 20 you gonna be a lot more pissed than if you lose the 2.........you win the 20 u win 2 free bets.....you win the 2 you win 2 free bets

@FRANKtheBANKss

 Dam I feel you man.  you said everything that im feeling rn I'm at the point were when I win or lose I'm numb to it no emotions .  Yes I agree alot of it has to do with ego cause you believe in yourself to make the right play . 

It's almost like high when I'm betting and stressing out like methhead thats doing herion or smoking dope its crazy. I have big bank roll but doesn't mean I should be blasting it like it's free

Another thing I want to put out , when betting the money doesn't seem real and almost like a game you don't feel rhe consequences till the day you have the cash infront of you and you have to pay your bookie that's another big thing for me that I have to watch for 

@Maxhedge8o8

 sounds like a got hot, thought your picks were invincible and then starting chasing as you got cold

thousands of bettors have gone through it

like I said above....playing 8+ picks a night in the long run is almost impossible to come out ahead....maybe 0.1%-1% would actually be successful

so be selective, pick ur spots, know the game you are betting on.....dont just throw darts and dont tail people on here.....

I appreciate everyone putting there insights and story on this.  It help eased the pain A bit 

Damn. Me here getting mad when I lose a $10 parlay ?? ?? 

Who cares man. We all went through it so you either stop betting or stop crying. It's your money and if you don't know how to manage it, who cares. Whoever sorry for your lost is an idiot.