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Quote Originally Posted by Plisskin76: Hey Plisskin76 .... I've ben losing betting sports for the past year or so. Even when I had 5k in my account last year, I kept playing until it vanished. The lowpoint or one of the low points was doubling my losses at halftime of last years Super Bowl.
Animal, whats the latest?? The discussing I started about Money Management was a good one, but I'm still struggling to put it all together. I read somewhere that amateur bettors will run out of money right before they hit a 13 out of 16 hot streak. It happened to me. Any advice or input? |
THEANIMAL | 37 |
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Quote Originally Posted by denverbaby: Sevendst19. It's been a while since I've been on this website. Using your gameplan above, I would bet a $30 parlay, if it wins then I would bet 60 on a straight play. If that wins, I should bet half of what(?) on a two teamer? Half of my winnings?
you need to bet 30 on two teamers and when you hit one take 60 from winning and let you r money ride on a single game, if you hit then bet half on a two teamer
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THEANIMAL | 37 |
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Thanks for the response r2r. In the $400 experiment detailed above, I lost my patience and started betting $20 m/l round robins. I had one very cold Wednesday and lost about 60% of the money in one night. It wasn't long before I lost the remainder. So once again I'm on the sidelines right now wondering what to do next.
I like to look at ALL the games on the board ie there's a ton of college hoops games on Saturdays so it takes me a few hours to sort through all the games. In my sick mind, I figured if I was taking all this time out of my day to look at this stuff, I'd better try to make some good money doing it.
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THEANIMAL | 37 |
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I guess my risk appetite is way higher than what it should be. I started with my $400 bankroll. Here is what happened:
Friday - I bet two $10 m/l round robins - RESULT -21 Saturday - I bet sixteen $10 m/l round robins - RESULT +162 Sunday - Took the day off because I needed sleep from a long poker event I dealt the night before. Monday - I bet three $15 m/l round robins - RESULT +123 Tuesday - I bet three $17.50 m/l round robins - RESULT -98 Wednesday - I bet seven $15.00 m/l round robins - RESULT -58 Thursday - I bet five $12.50 m/l round robins - RESULT -67 Friday - I bet three $10 m/l round robins - RESULT ??? Saturday ... I'm gonna fire a boatload of birds!!! I'm up 41 bucks in 6 days. I've increased my bankroll by 10% Thanks to the people who did post. I'm going to read and reread the stuff you wrote. -The Animal |
THEANIMAL | 37 |
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Gotcha, I appreciate the response meganbob. I put 300 into a sportsbook with a 30% bonus, plus they paid the fees.... so I now have 400 to play with.
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THEANIMAL | 37 |
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Mbrown,
So say my bankroll is 3000... then I would choose to put 300 into a sportsbook. Can I bet the 300 on the first day? Or give me an example of what you are talking about.
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THEANIMAL | 37 |
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Trigg, I appreciate the response. I haven't made a wager in a while, but when I do I will take what you wrote into consideration. I bet all the sports so yeah ... theres tons of games. I should make my comeback soon. For now, I'm playing these contests which seem extremely hard to win. I think it comes down to patience and discipline ... like you said.
-The Animal |
THEANIMAL | 37 |
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ok thanks Mr. Wizard ...
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THEANIMAL | 37 |
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ill keep an eye on you ... what's the 10% method? 10% of what?
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THEANIMAL | 37 |
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Quote Originally Posted by golfgodks: flip a coin...and hop on one foot...... Golfgodks, I know that it's all basically a flip of the coin ... but I need help with managing money. I thought maybe someone on this site, out of the thousands of players, would be able to give me a clue about this topic. -The Animal
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THEANIMAL | 37 |
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Quote Originally Posted by Tuppy: If you were a vet then you should know I have said many times i recieved the 100,000 that I won ....cant speak for anyone else.. Tuppy, Did they take taxes out? Or did you have to do that on your own? -The Animal
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bradytime31 | 4 |
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Does anyone have any ideas that will help me related to Money Management? One of the greatest feelings is cashing on a bookie. However, the flip side of that coin is of course busting out. I'm looking forward to 2012, but if I don't change something ... the results will be more of the same, losing in the end.
What is the biggest difference between being a pro and amateur? I love betting moneyline round robins, and for the most part, my money will go a long way when I use this tactic. But the problem is, I don't cash out when I'm supposed to. For example, twice in the past six months I've run 300 into 1300 ... and didn't cash out... not one penny. Shame on me. My motto is this ... "The trend is your friend, until it ends"! But when it ends in sports gambling, it ends quickly. Any suggestions? -The Animal
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THEANIMAL | 37 |
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I make one pick everyday... The most wins in a row was 6 ... Now I"m second guessing myself by playing yesterday because I chose NC in football, they lost .... my other selection would have been MN in hockey -130 ... and they lost too so either way I was a loser. I'm still gonna try to pick one game per day so January 16th I'll be cashing for 25k ... hahahha
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smoothd20 | 14451 |
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I had the same issue, but when I logged out and logged back in ... I could see the pending picks so I know it registered. also, I had a question about the weekly prizes? How much does the Triple Play Contest payout for the weekly winner? If I make it thru today still on top, I think I have a legitimate chance to win this week. Thanks, Mike |
efoyz1122 | 5 |
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Does the ultimate race start over? If so, when?
Thanks, Mike |
Rizzo | 32 |
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Quote Originally Posted by RantinRave:
This is all hypothetical of course.. A person loses a lot of money to online sports books and this person's local guy. He then decides to take action from close friends and some others. In four weeks he gets cleaned out for 4k. Usually a bad weekend would be -500. He's doing everything "correctly" (i.e. charging 10 cents on the dollar, taking straight wagers only, game and halftime lines, etc.) Keep going... I've been betting for 20 years and bookies dont lose. It's a big headache tho because you have to constantly chase money around. If the book was smart, he'd have his players post the money before they bet. What would you do? A. Stop B. Continue C. Other PS - 50% are known degen's. The other 50% never wagered on a game in their entire life. |
RantinRave | 173 |
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