Quote Originally Posted by GeneCam27:
The Captain is right^^^. Aside from discipline the other most important thing is to have a bankroll. Without a roll you're pretty much dead in the water. Doesn't matter how good you are at picking winners. No money means scared money. Scared money dont make money. Nothing is ever gauranteed. You can flop the nut flush to be runnered by a straight flush..... the dumbest shiit will happen and a huge bankroll lets you not even worry about when it does happen.
Trust me ... I do have a bankroll and if I wanted I could place some bets of $50,000 on "Sure" winners at odds of 1.20 or so making "Easy" $10,000.
I would never want to get into that. Never.
Why?
Because it won't stop there.
And you still take a risk no matter what!
The point is you might make $10,000 or $20,000 from gambling ... I was in that position in the past - however - you won't stop and you would lose more than you can afford with or without a system - the longer you play the more damage it causes to you, not only talking from financial perspective but also from time perspective as well.
I need to submit a very important assignment to University by next Monday and all this gambling just made me do other things.
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And about discipline and bankroll ...
1) I so wanted to bet on Oklahoma Money Line to win tonight against the Clippers. I was SURE about this, it looked like a good bet (risk $1000 to win $440) but I gave up on it as I want to give up on gambling in general.
2) I also thought the UNDER 183.5 between Pacers and Washington was another SURE bet! So many games lately in the Playoffs went OVER the line, so it's time for an UNDER now ... just like an idiot thinking 10 BLACKS in the Roulette mean it's time for a RED now ....
If I have taken those bets I would have lost big time.
Discipline wouldn't have helped me.
My bankroll wouldn't have helped me here.
Nothing would have helped me.
It would have been inevitable that I would lose.
And now if I wanted to place another bet, continue spending my bankroll, I would still only win 90% of what I risk! That's 10% off!
So this entire system is designed for me to lose.
Yes, some of you would might say "you made the wrong picks, should have bet on Clips or the OVER" but everyone's smart after the game was over.
Where is LeagueCapper, the one you said is an excellent capper who said Oklahoma -5 is a good bet for tonight?
Same way you could pick winners, same way you can pick losers - the problem is each time you bet you AUTOMATICALLY reduce your bankroll because of the 10% takeout!
Yes, some of you might win for a while, make a 25-10 record, so you are on the top ... but don't think this could last forever ... the guy with the $12k profits in NFL ... I wanna see him 5 years from now and then we talk ...
Gambling cannot be a "job" and you can't make money from it.
Some might do for a while, but most people, the vast majority of people - get only debts from gambling, it's not an income ... at least not for the gambler anyway.