Years and years of betting on sports and turning betting to a main event guiding my daily schedule - I have finally reached the spot where I ask myself: come on, can money be really made betting on sports or it is just an imaginary goal I am justifying my betting habit with?
Well, yes. Money can definitely be made betting on sports but there are three conditions for being successful reaching the goal of creating a steady source of income based solely on sports betting.
What are those three conditions???
Try to digest what I just wrote and I also want to make sure it is OK to talk about it before I will give here some winners for this NFL weekend.
Coming soon in the theaters near you: One for All and All for One (14allall41) personal take on sports betting
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To remove first post, remove entire topic.
Years and years of betting on sports and turning betting to a main event guiding my daily schedule - I have finally reached the spot where I ask myself: come on, can money be really made betting on sports or it is just an imaginary goal I am justifying my betting habit with?
Well, yes. Money can definitely be made betting on sports but there are three conditions for being successful reaching the goal of creating a steady source of income based solely on sports betting.
What are those three conditions???
Try to digest what I just wrote and I also want to make sure it is OK to talk about it before I will give here some winners for this NFL weekend.
Coming soon in the theaters near you: One for All and All for One (14allall41) personal take on sports betting
Just to make sure: I didn't invent this. I m not a student either. I just put some experience and numbers together and conditioned them with some things people wiser and better at sports handicapping have said.
Off course, the Condition Number 1 is picking the winners. well, for those as experienced as myself and being around as long as I am - we know that picking the winners is only a third of the solution. It is not enough to create a source of income. Without the Condition Number two - all the money made from winning picks will go down the drain. So, the Condition Number 2 is....... Money Management. Without sound Money Management strategy - making money betting in sports is not possible. (I will expand and elaborate on that a bit more further)
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Just to make sure: I didn't invent this. I m not a student either. I just put some experience and numbers together and conditioned them with some things people wiser and better at sports handicapping have said.
Off course, the Condition Number 1 is picking the winners. well, for those as experienced as myself and being around as long as I am - we know that picking the winners is only a third of the solution. It is not enough to create a source of income. Without the Condition Number two - all the money made from winning picks will go down the drain. So, the Condition Number 2 is....... Money Management. Without sound Money Management strategy - making money betting in sports is not possible. (I will expand and elaborate on that a bit more further)
So, now we know what are the two conditions out of three. Both can be obtained or copied or bought -but the Third Condition depnds solely on us -the consumers of wide world of sports betting market. That condition my friends is called Self Discipline. And, it is not complicated at all as the only self disciplinary action we have to follow is to be attentive and fulfill fully the Second Condition.
Confused?
Don't be.
I will explain soon
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So, now we know what are the two conditions out of three. Both can be obtained or copied or bought -but the Third Condition depnds solely on us -the consumers of wide world of sports betting market. That condition my friends is called Self Discipline. And, it is not complicated at all as the only self disciplinary action we have to follow is to be attentive and fulfill fully the Second Condition.
Now, that is the winning pick. And after you'll win that - without devising money management plan prior to betting - you will not make money betting onsports.
You have to allocate some resources and call that a BANKROLL. Say, 1K
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Now, that is the winning pick. And after you'll win that - without devising money management plan prior to betting - you will not make money betting onsports.
You have to allocate some resources and call that a BANKROLL. Say, 1K
And at all? What would you choose if you had a choice? A fish or like to attend online course of fishing? Like ma man said 2019 years ago: give man a fish and feed him for a day, or, teach man to fish and feed him for life? What kind of a person are you?
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And at all? What would you choose if you had a choice? A fish or like to attend online course of fishing? Like ma man said 2019 years ago: give man a fish and feed him for a day, or, teach man to fish and feed him for life? What kind of a person are you?
The only way to turn sports betting into a steady source of income is taking the "betting" out of the equation. The calculated way of conduct with looking out for irregularities and anomalies between the money and the line movement is one way to look at it. I off course would love for somebody to give me a pick and the money management tips as well. But, finding someone you gonna trust with your money is not an easy thing. Seems almost impossible to pull the trigger on picks that do not make sense to you and then you forget that that is the precise reason you follow someone else cause what made sense to you got you into a hole
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The only way to turn sports betting into a steady source of income is taking the "betting" out of the equation. The calculated way of conduct with looking out for irregularities and anomalies between the money and the line movement is one way to look at it. I off course would love for somebody to give me a pick and the money management tips as well. But, finding someone you gonna trust with your money is not an easy thing. Seems almost impossible to pull the trigger on picks that do not make sense to you and then you forget that that is the precise reason you follow someone else cause what made sense to you got you into a hole
Agree with most of what you said. However you are basically seeing discipline and money management as the same thing. They are different.
Money management means that no matter what spot you see you will always play somewhere in between X and X. For example, never more than 2 units... and to me, you should also never play less than X units. The reason is, when you start making "broke"bets you stop caring and make marginal or ev- bets.
Discipline goes farther. Discipline means you created a plan with your "winning picks" (whatever strategy you figured to do so) and your bankroll management and you stick to it. Discipline means you stop going to your casino and burning money in blackjack. Discipline means you no longer have the urge to bet whatever is on the TV, even if its for two pennies. Discipline means that if your best game is live play MLB, you will sacrifice partying or going out, if you have 10 games that night. It´s committing to the goal to making the plan happen.
Discipline is the key. The past 6 months Ive learned a lot about this after going through a horrible downswing in baseball. This shit happens and you gotta stick to the plan, never tilt and trust your art. If your 1 is good (your capping and strategy), and your 2 (BR Management) is good as well so that you don´t go broke, and your 3 (discipline) is there so that your mind does not get foggy and you stick to the plan, you will sooner or later rise up again.
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Agree with most of what you said. However you are basically seeing discipline and money management as the same thing. They are different.
Money management means that no matter what spot you see you will always play somewhere in between X and X. For example, never more than 2 units... and to me, you should also never play less than X units. The reason is, when you start making "broke"bets you stop caring and make marginal or ev- bets.
Discipline goes farther. Discipline means you created a plan with your "winning picks" (whatever strategy you figured to do so) and your bankroll management and you stick to it. Discipline means you stop going to your casino and burning money in blackjack. Discipline means you no longer have the urge to bet whatever is on the TV, even if its for two pennies. Discipline means that if your best game is live play MLB, you will sacrifice partying or going out, if you have 10 games that night. It´s committing to the goal to making the plan happen.
Discipline is the key. The past 6 months Ive learned a lot about this after going through a horrible downswing in baseball. This shit happens and you gotta stick to the plan, never tilt and trust your art. If your 1 is good (your capping and strategy), and your 2 (BR Management) is good as well so that you don´t go broke, and your 3 (discipline) is there so that your mind does not get foggy and you stick to the plan, you will sooner or later rise up again.
Steelers looks like a good pick. But after seeing how horrendous Rudolph can be I cannot back them There are better picks on this card as I see it.
Oh, first of all. what you wrote in your previous comment - seems like we're talking about the same thing using different words. I'm OK with what you wrote and will sum it up as follows - discipline means strictly following the plan and not using the bankroll to fund any other action besides the one that system picks and money management agree with.
Talking about the Steelers pick and you thinking there are better picks in your opinion on this card: be my guest- elaborate
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Quote Originally Posted by gutinstinctus:
Steelers looks like a good pick. But after seeing how horrendous Rudolph can be I cannot back them There are better picks on this card as I see it.
Oh, first of all. what you wrote in your previous comment - seems like we're talking about the same thing using different words. I'm OK with what you wrote and will sum it up as follows - discipline means strictly following the plan and not using the bankroll to fund any other action besides the one that system picks and money management agree with.
Talking about the Steelers pick and you thinking there are better picks in your opinion on this card: be my guest- elaborate
Agree with most of what you said. However you are basically seeing discipline and money management as the same thing. They are different. Money management means that no matter what spot you see you will always play somewhere in between X and X. For example, never more than 2 units... and to me, you should also never play less than X units. The reason is, when you start making "broke"bets you stop caring and make marginal or ev- bets. Discipline goes farther. Discipline means you created a plan with your "winning picks" (whatever strategy you figured to do so) and your bankroll management and you stick to it. Discipline means you stop going to your casino and burning money in blackjack. Discipline means you no longer have the urge to bet whatever is on the TV, even if its for two pennies. Discipline means that if your best game is live play MLB, you will sacrifice partying or going out, if you have 10 games that night. It´s committing to the goal to making the plan happen. Discipline is the key. The past 6 months Ive learned a lot about this after going through a horrible downswing in baseball. This shit happens and you gotta stick to the plan, never tilt and trust your art. If your 1 is good (your capping and strategy), and your 2 (BR Management) is good as well so that you don´t go broke, and your 3 (discipline) is there so that your mind does not get foggy and you stick to the plan, you will sooner or later rise up again.
0
Quote Originally Posted by gutinstinctus:
Agree with most of what you said. However you are basically seeing discipline and money management as the same thing. They are different. Money management means that no matter what spot you see you will always play somewhere in between X and X. For example, never more than 2 units... and to me, you should also never play less than X units. The reason is, when you start making "broke"bets you stop caring and make marginal or ev- bets. Discipline goes farther. Discipline means you created a plan with your "winning picks" (whatever strategy you figured to do so) and your bankroll management and you stick to it. Discipline means you stop going to your casino and burning money in blackjack. Discipline means you no longer have the urge to bet whatever is on the TV, even if its for two pennies. Discipline means that if your best game is live play MLB, you will sacrifice partying or going out, if you have 10 games that night. It´s committing to the goal to making the plan happen. Discipline is the key. The past 6 months Ive learned a lot about this after going through a horrible downswing in baseball. This shit happens and you gotta stick to the plan, never tilt and trust your art. If your 1 is good (your capping and strategy), and your 2 (BR Management) is good as well so that you don´t go broke, and your 3 (discipline) is there so that your mind does not get foggy and you stick to the plan, you will sooner or later rise up again.
The only way to turn sports betting into a steady source of income is taking the "betting" out of the equation. The calculated way of conduct with looking out for irregularities and anomalies between the money and the line movement is one way to look at it. I off course would love for somebody to give me a pick and the money management tips as well. But, finding someone you gonna trust with your money is not an easy thing. Seems almost impossible to pull the trigger on picks that do not make sense to you and then you forget that that is the precise reason you follow someone else cause what made sense to you got you into a hole
The 2 phrases “sports betting” and “steady source of income” should NEVER be used in the same sentence. It’s strictly entertainment only. Kids....
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Quote Originally Posted by 14allall41:
The only way to turn sports betting into a steady source of income is taking the "betting" out of the equation. The calculated way of conduct with looking out for irregularities and anomalies between the money and the line movement is one way to look at it. I off course would love for somebody to give me a pick and the money management tips as well. But, finding someone you gonna trust with your money is not an easy thing. Seems almost impossible to pull the trigger on picks that do not make sense to you and then you forget that that is the precise reason you follow someone else cause what made sense to you got you into a hole
The 2 phrases “sports betting” and “steady source of income” should NEVER be used in the same sentence. It’s strictly entertainment only. Kids....
If you ever get to that point where you rely on gambling as a source of income, you need to sell your house before: A) It gets foreclosed on or B) Your wife gets it in the divorce settlement
I believe most of the sports betters would love to reach the point where they can examine your claims.
The house won't get foreclosed if you didn't gamble illegally. For an example - I can even buy a house on Long Island from the monies earned in Vegas. As far as the wife walking away with half the house or half of whatever - why did she wait for so long? :)
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Quote Originally Posted by LogCottage:
If you ever get to that point where you rely on gambling as a source of income, you need to sell your house before: A) It gets foreclosed on or B) Your wife gets it in the divorce settlement
I believe most of the sports betters would love to reach the point where they can examine your claims.
The house won't get foreclosed if you didn't gamble illegally. For an example - I can even buy a house on Long Island from the monies earned in Vegas. As far as the wife walking away with half the house or half of whatever - why did she wait for so long? :)
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