SNIPER'Z DATABASE PLAYS FOR 2/24/10

Yep, ready to see SW's picks for the day! She's due for a good one, and I don't want to miss it.

Don't think she's gonna show up for today.

I HAVE 2 WORDS FOR YOU MAN - MONEY MANAGEMENT!!!

Take some time to really do some HW and dont get sucked into "putting it all on one game" especially without thoughtfully researching the game for yourself. I tell you this b/c no matter what anyone says going HUGE time after time will never bring you sustainable winnings over the long run. The way to make money in this business is to make your unit plays and not get so caught up in one game that it makes/breaks you. Just a little food for thought from someone who was down 4k just two weeks ago and is now up 980 without making a single bet higher than $300! Either way BOL

i think maybe she got shot by a sniper

i think maybe vegas cought on, set up the games to lose, found sniperwife, need i say more?

Hey dude I appreciate the advice for real and I know that to. Just out of curiosity who are you going with tonight. The only game I have taken so far is Vandy. Give me a couple of good ones OK?

by winning 12k in 2 days when she said she'd  win 10k in 2 weeks.

Looks like my Vandy bet might not work out either. Damn!!

Any sightings of SW??

Love ur post SW! but please do us a favor and make new threads each day! Thanks a lot 

 

lol... i do.

cmobama, others have told you that the key to this is money management. They are absolutely right, but let me elaborate just a little.......

If you want to be a recreational gambler and don't care too much about long term growth, ignore this.  Bet as much as you want to have fun as you go.  Maybe you can double your money in a week, or maybe you will go broke.  But if you are betting large %'s of your bankroll every night I imagine you will go broke pretty quickly.

But if you are trying to do this for long term benefit, read on........

If you have $1,400 to start with, you need to start by setting reasonable expectations for a long term return.  Based on the fact that you are down to $200, I think you probably set your expectation as maybe doubling your money in a week or two.  This is not a reasonable expectation for long term wagering (it is reasonable if you want to throw big money around for a few days and try to get lucky as mentioned above).

The reality of long term profit is much more boring.  Let's say you wanted to be aggressive and were hoping for a 50% return on your $1,400 investment for the entire year.  Of course 50% is just an example to keep things simple, that number can vary tremendously depending on the person and their level of risk.  This means your total profit would be $700 for the year.  Average bets should be somewhere between $14 and $28.  You might place larger bets at times, a lot of people will tell you to keep your bets between 1% and 2% of your bankroll.

The biggest mistake people make when they are new to this is having a $1,400 bankroll with the expectation they can make $2,000 in few weeks/months.  The reality is much less attractive.