View Full Version : question?can money be made?
beginnercapper
10-18-2004, 03:24 PM
i am a beginner and wondering
if any of you cappers out there actually make a consistent income off your betting?
any of you do it for a living?
whats the most you have taken from the book?
is it posssible?
and if it is what are the rules you adhere to?
thanks in advance
payday
10-18-2004, 03:40 PM
the rules to adhere to.....MONEY MANAGEMENT
That is the single most important thing to remember in this game and greed will kill you. You do not make money in this thing trying to win it all in one week.
Watch out for teasers and parlays. there is a reason they pay so well.
I do it as a hobby. I bet with money that I pinhole each week and dont care about. I go to my stash when the betting season starts and that is my bankroll. I never know i have. In other words dont play with the rent money.
Other than that, welcome and good luck!
:welcome:
DJTranks
10-18-2004, 03:42 PM
Welcome to the forum!
98-99% of all gamblers lose, GL!
RSxxxxx
10-18-2004, 03:43 PM
dont bet money you dont have (ex: using credit cards)
dont bet money you cant afford to lose
dont bet with the intentions of making a living
dont bet if you know nothing about the sport
dont bet to make up losses, taking time between a loss and your
next bet is the best way to go
those are the first ones that come to mind besides money management.
that said, welcome! this site will help you become a better capper
BoKnows
10-18-2004, 03:56 PM
Originally posted by DJTranks
Welcome to the forum!
98-99% of all gamblers lose, GL!
Nice DJ that is encouraging!!:)
Sports-Gambling(Dan)
10-18-2004, 04:10 PM
Some basic rules to remember...
Money Management
* Wager 5% to 10% of your bankroll.
* Play 1-3 games per day. (Football)
* Stay away from Parlay's, Teasers, Futures...
* Set your goals and don't break your rules...
The more rules you break, the more it becomes entertainment and not an investment or as you
like to say; "income"...
DJTranks
10-18-2004, 04:13 PM
Thanks Bo! - The truth is a killer!
I will STRESS Dan's point
1-3 plays per day! Very important IMO!
RSxxxxx
10-18-2004, 04:16 PM
i find 3 plays is best...you diversify, and need only 2 of 3 to have a winning day (assuming you bet evenly)
beginnercapper
10-18-2004, 04:17 PM
thanks for the input, but does anybody do it for a living?
how much have you taken from the book before?
have u gotten down alot before, where you were worried?
and the bottom line question are you up or down significantly since you started betting
thanks
beginnercapper
10-18-2004, 04:23 PM
also when you say set goals, what do u mean like i put in 100 2 wks ago and now i am at 800 i said, when or if i hit 1k, i would take 900 out and start over
but obvioulsly the alur of building your bankroll is enticing as if i got up to 5k i could be betting 100 bucks a game no problem
payday
10-18-2004, 04:24 PM
I have learned a lot over the years.
When I was in college, I was down a lot. Did not follow any of the rules that I have now. Betted crazy, would call more bets in on Saturday night after drinking all day to chase losses. BIG MISTAKE.
Have been very worried before, tying to come up with money on Monday night that you do not have is tough.
there are a lot of great cappers in here that you can learn a lot from. all that you have heard above is right the fuck on.
Sports-Gambling(Dan)
10-18-2004, 04:35 PM
Beginner Capper...
Questions 1 & 2...
Do you work for the IRS?
Some of these questions really can't be answered here...
Regarding being worried about being down,,, sounds like you might be in a hole? Like I said before, many of us follow a set of rules which keep us from being in a major hole. Maybe you should elaborate on this question... Are you down big?
Regarding your fourth question, I would think that most cappers in here were down their first few years as they learned the ropes. Progressing into several years of capping during the later stages they have developed their own systems for staying on the + side...
Sports-Gambling(Dan)
10-18-2004, 04:38 PM
BC...
800 from 100 deposit is excellent work.
Recommend you withdraw 300. From 500 build your bankroll to 800 again and cash out 300 when you reach that cap. You will do much more damage with a 500 bankroll vs. a 100 bankroll...
Good Job...
:thumbs:
ShawnDeath
10-18-2004, 04:43 PM
SG-Dan, do you recommend staying away from teasers, parlays, and futures at all times, or just stay away from them as a beginner?
Originally posted by beginnercapper
thanks for the input, but does anybody do it for a living?
how much have you taken from the book before?
have u gotten down alot before, where you were worried?
and the bottom line question are you up or down significantly since you started betting
thanks
Forget about gambling, it seems like your headed down the wrong path already. "have u gotten down alot before, where you were worried" Everybody told you to gamble with what you can afford to lose. I can tell in a few weeks you will be on your way down the shitter. Beginners usually win a little bit, then up their wagers, and lose it all and then some.
"how much have you taken from the book before?"
Usually the book is taking from you, not the other way around. Why bother with gambling? I wish I never started, now I'm hooked for life. BUT I live by the rules everybody has been talking to you about.
Bottom line, find yourself a new hobby. GL with your decision.
Sports-Gambling(Dan)
10-18-2004, 04:48 PM
SD,
Its ok to play a two team parlay or teaser every once in a while. Just make sure you keep the wager low and don't get too excited when you win a few b/c eventually you will hit an endless losing streak...
If you are having a 3-0 or 4-0 day, there is nothing wrong with throwing down a little 2 teamer just for fun...
:thumbs:
BoKnows
10-18-2004, 04:54 PM
Beginner Capper...
Questions 1 & 2...
Do you work for the IRS?
My thoughts exactly!
beermantm
10-18-2004, 04:57 PM
There is no possible way to make money betting on sports!!! I do it to relieve myself of all this extra cash I have laying arround!!!
Thank God for sports betting or I would have to go out and buy stuff!!!:gulp:
beginnercapper
10-18-2004, 05:09 PM
no i do not work for the irs
just interested, in what people wager and how much they have won before.
i mean has anybody here ever taken 25k plus from a book?
or lossed?
i have heard of a very small percentage being able to do this for a living and damn good one at that.
what makes them different from us?
beginnercapper
10-18-2004, 05:13 PM
thanks for the replies, this is interesting.,
but i bet there is atleast one person on here that does this for a living or makes money consistently
thanks for the replies again.
BoKnows
10-18-2004, 05:19 PM
Originally posted by beermantm
There is no possible way to make money betting on sports!!! I do it to relieve myself of all this extra cash I have laying arround!!!
Thank God for sports betting or I would have to go out and buy stuff!!!:gulp:
Thank you for allowing me that comic relief!
HOMEDAWG
10-18-2004, 05:21 PM
Originally posted by beermantm
There is no possible way to make money betting on sports!!! I do it to relieve myself of all this extra cash I have laying arround!!!
Thank God for sports betting or I would have to go out and buy stuff!!!:gulp:
LMAO! Beerman, You can still stay home and buy it on EBAY!
But, You will still have to go out and buy your beer like I have to. Why doesn't that BUD truck do home deliverys???:gulp:
payday
10-18-2004, 05:21 PM
BC - NO MONEY IS EVER INVOLVED, IT IS JUST UNITS!!!!!
Beerman - LMFAO!!! Bravo!
beermantm
10-18-2004, 05:25 PM
i mean has anybody here ever taken 25k plus from a book?
First to answer this question........the book does not pay you with its own money. The idea of a book is to balance both sides of a bet. A book wants a 1 bet for 1 bet ratio on both sides of any given play. That way they are gauranteed thier 4.55% vig. The more lopsided a book gets the more at risk it becomes of losing money and that is why you see line movement. The line is designed to simply balance the money.
So the answer to your question is no no one has ever taken that much money from the book because the book is only paying you from the money it took in on the other side of the wager.
Now if your asking if you can make that much money betting sports the answer is yes. I will not get into how much I bet on each game or any specifics like that but I have taken thousands out of books over the course of the years. I've made thousands gambling. It's not fun to tell you the truth it like working. It's not a bad job though. You have to use your head in this game. Everyone I meet is out for the glamour of the fast dollar and the thrill of the risk. I'm so far past that anymore but I know why people do it. I was there once. It's just glind it out now.
Best thing you can do for yourself is get to know what sportsbetting is first and then after you know enough about then start placing your money down because it's a costly lesson the other way. Trust me on this I know how costly it can be.:gulp:
HOMEDAWG
10-18-2004, 05:25 PM
Originally posted by payday
BC - NO MONEY IS EVER INVOLVED, IT IS JUST UNITS!!!!!
Beerman - LMFAO!!! Bravo!
PAYDAY, What do I do with the UNIT?? Just in case I ever win 1.. lol
QuickNick
10-18-2004, 05:33 PM
Welcome to the forum. Sounds like you have a lot of great advice, stick with it and do sports wagering for fun. I gambled for a living for an 8 year stretch in my life and it got old. Thats all I did was gamble, from noon, I would practice playing pool, about 3pm the card players would come in and I'd start playing cards until it was time to go to the race track. I come back to the pool hall about 11 pm and look for a pool game or a card game. I had no life and after 8 years I decided to get a job and gamble when I had free time. Now I am financially set and I gamble to keep from being bored to death. I was forced into retirement 11 years ago because, of an auto accident!!! You sound like you are young, live your life and just bet sports for fun and get a job to make a living.
payday
10-18-2004, 05:37 PM
HOMEDAWG
I could not tell you brother, my slow start in college has me paying em, but if you remember green stamps, units are about the same.
beginnercapper
10-18-2004, 05:43 PM
but my question is quicknick were u able to make a living betting sports?
how did u do it?
and was it a good living?
Queen of Football
10-18-2004, 06:02 PM
Hi Capper222 How you doing. Got nothing else better to do with your time? There are over 100 posting forums on the net. Try one of them OK.
Queen
Sports-Gambling(Dan)
10-18-2004, 06:04 PM
LoL...
Queen...
:yeah:
beermantm
10-18-2004, 06:07 PM
QuickNick
R U pro in pool? I'll shoot a game or too with ya. :beer2:
Funny the things I like the best in life are........
Pool
Bowling
Golf
Gambling
I seem to get stuck into the things I'm doing alot. Like at one point I was shooting at least 13 games a day bowling. Best score was 286. I only shot in the 280's three times.
In pool I joined a league arround here at shot my way out of it. It was handicapped and by the third week I was giving 1.9 games of the points away out of four before I even started playing.
Golf well that one is still pretty tough. Best score was 2 under par but never did it again and only have been able to shoot even par on nine.
Gambling well I think you can figure me out there.LOL
One thing I would like to know though is if you had a job you didn't like would you have gone back to the gamble?
:cool:
HOMEDAWG
10-18-2004, 06:07 PM
Originally posted by Queen of Football
Hi Capper222 How you doing. Got nothing else better to do with your time? There are over 100 posting forums on the net. Try one of them OK.
Queen
QUEEN, I knew something was smelling very bad around here! Why can't you :flush: the CRAPPER 222????? It's like a bad virus!!!!!!!!
The War Dogs
10-18-2004, 06:08 PM
Well, to do it for a living you would have to play with some fairly serious money, but I just don't find amounts relevent unless making a living at it is the goal. If you turned 100 into 800 in two weeks you were very fortunate and you should understand that it won't always come that easy. It's also probably the case that to make that much profit you were playing WAY too much per game off of a $100 bankroll. Gambling is a 47-57% proposition, not a situation where you can count on regularly turning some money into more money. If you have $100 in an account, you really should just play $5 per game, if you follow the 2-5% rule, since most books wouldn't let you play for less. That might sound rediculous, but it is proper money management for that level of money. If you don't believe it, come see me after you hit a 5 game losing streak, let's see where your $100 is compared to where your $100 would be with proper management. The amounts are all relative, the key is the ability to continue without reloading new money until you are "ready." :cool: A guy who lost 5 straight at 5 bucks a shot has $75, and with the next game a win has $80. A guy who bet $20 per game and lost 5 is out of money and can't play a 6th game...that's my point. You have to play an amount relative to your total bankroll that allows you to stay in the game.
As far as making a living, it seems to me you would need to be working off a bankroll of at least $50,000. That would allow for a per wager play of about $1000 if one were super-conservative, and assuming you could come out at least one game ahead each week you could make about $40,000 a year. For a "good" living you would need to play with even more, obviously. That's easier said than done but entirely possible if you could hit at least 54% or so long term.
And rule Number 1. Flat bet, the same thing on every game no matter what.
The War Dogs
10-18-2004, 06:10 PM
:bang:
Queen of Football
10-18-2004, 06:17 PM
Nice write up Dog. I guess you was writing it while I was banning him. Sorry this asshole wasted your time.
Queen :cool:
Sports-Gambling(Dan)
10-18-2004, 06:21 PM
WMD...
Your writeup is exactly right 110%....
Thanks for the taking the time...
:thumbs:
Another question from a relative newbie to betting with a sportsbook:
Why only 1-3 plays a week (or per betting period, or whatever)?
I'm playing 4-6 min. each weekend, with good success so far...
beermantm
10-18-2004, 06:40 PM
The War Dogs
I liked it war dogs!!
I don't know if you would need 50K though. It would be nice to have 50K to work with though. If you were making 1k bets and hit a decent percentage hell you could make more money than most people do working.
Lets say you made 2k bets and hit 57%
1140-860
1,140,000-946,000=$194,000
That is all flat bets at -110 so even if you didn't hit the higher percentage figure in some ML's and some value parlays and you could take down almost the same amount with about 55% with that type of bankroll. Pretty good living.
Sports-Gambling(Dan)
10-18-2004, 06:43 PM
2% - 5% is right for the whales, professional spot bettors...
One game per day, never chasing W's or L's...
Like a machine....
beermantm
10-18-2004, 06:43 PM
Another question from a relative newbie to betting with a sportsbook:
Why only 1-3 plays a week (or per betting period, or whatever)?
I'm playing 4-6 min. each weekend, with good success so far...:
The more games you play the better off you are. As long as they are legitimate calls and not just playing to play.
More bets= the better % possiblity. Nobody can say different because it's math. The more games the more likely you are to be able to take in money.
cappingreat
10-18-2004, 06:47 PM
well my question to the old great queen, that has nothing else better to do then ban people for asking questions, would be why am i banned?
first of all capper222 was only on here for like two days.
yes i was pissed at my games that were losing but look at any of the ingame threads and you will see the same, i did nothing that people havent done on here time and time again, probably including yourself.
there was no was to ban me in the first place accept for you to sit on your high horse.
i asked you a question yesterday, but you still wont reply.
why not?
becase you had no reason to ban me or call me an asshole as i have not called u names or anybody on this forum for that matter.
its ridicoulous, you dont even know why you are banning me now
whats the administators email adress?
thanks
capper222
or crapper 222 as you put it so nicely
mike333
10-18-2004, 06:49 PM
YOUR NOT WANTED!!!
Kevin
10-18-2004, 06:52 PM
No need for admin address.
We're not in the business of babysitting people. If you wanna post in a forum where they love to fight, bicker, bitch, piss, whine, snivel, cry, and moan go to http://www.wagertalk.com
They'd love to have you!
Kevin
Sports-Gambling(Dan)
10-18-2004, 06:54 PM
That is true beermantm...
But also consider the vig betting 1-3 vs. 10...
Betting 1-3 solid games per day which you feel most confident in with a higher winning percentage reducung the overall damage done by the vig when you go 2-1 or 3-0 (no damage)... vs. betting 10 games per day, going 6-4 or 7-3 while the vig eats up your gross profits... Its much easier to go 3-0 or 2-1 per day than going 7-3 or 8-2...
:thumbs:
Kevin
10-18-2004, 06:56 PM
You said in an email to ME
i have just signed up to your forums.
and i may have made a few comments because i was pissed about my bets, as you
check any thread on your forum and see people doing that on all the time.
queen banned me with no warning and only after like two days, i can change ip
adresses but would rather not.You continues to make deragatory comments about
me, while she is the one that has no life and she bans my user names for
asking simple and informative questions that the other board members have no
problem with and enjoy.
could u please tell here to stop, as there is no basis for it.
the original user name was capper222
i enjoy your forums but moderators like queen atleast from what i have seen
makes it less enjoyable as i see here banning other people for little to no
reason.
thanks for your reply in advance
Here's my take. Your comment about "i can change ip
adresses but would rather not" tells me you have no regard for others or respect for whats going on here. Memo to you. You are not welcome here. You have created problems and thats not what this place is all about. If you dont get it, I dont know what to tell you. Read only or go somewhere else. We dont want you posting here.
I got news for you. Change ips all you want. Your still not getting in. I have two more blockers Ive yet to apply to you that are ip foolproof.
TRY IT. Your wasting your fucking time.
QuickNick
10-18-2004, 06:57 PM
Beerman, I have not shot any pool since my accident 11 years ago. It hurts the neck too much.
Sports-Gambling(Dan)
10-18-2004, 07:02 PM
Hey beginnercapper...
Here is a rule for you !!!
1. DO NOT PISS off Kevin...
:thumbs:
Personafied
10-18-2004, 07:10 PM
To sum up this thread, people in here play with money they dont need because they have too much and play to lose rather than give to charity. People do this as a hobby for fun, yet make straight 100 to 1000 wagers rather than parlays. Arent parlays more fun. Nobody has ever won money but continue to do it knowing 98 - 99 percent pf people lose.
Honestly i believe you can do what you put your mind to, if you want to make a living at it, you can but not with the mindset of "i cant do it, everyone loses". Money management is key.
The War Dogs
10-18-2004, 07:14 PM
Originally posted by Ro
Another question from a relative newbie to betting with a sportsbook:
Why only 1-3 plays a week (or per betting period, or whatever)?
I'm playing 4-6 min. each weekend, with good success so far...
Ro, that's a good question and there is disagreement on the issue. One line of thought says...don't leave money on the table, if you think you have a good play then play it, all in an attempt to hit 53% for a profit. If you can do better, great. Another line of thought says it's more effective to target what you find the top plays or play and hit that. I personally struggle with the issue, although my little money is irrelevant. The problem is this:
1000 plays at $25 at 55%=$1250 profit minus juice
100 plays at $25 at 60%=$150 profit minus juice
In other words, you can hit a lower percentage for more money with more plays. I think it really depends on your own willingness to risk and your desire for action. But if you flat bet you can pretty much do this for free assuming you have any capping ability, and I mean in a worse case scenario. But if you're gonna go with 6 NBA plays a night you have to be ready for some disappointing nights along with the good ones, and likewise with an afternoon of football. Nothing sucks worse than going 0-6 except going 0-7 but that's always possible. The worst with a three play night is 0-3, obviously, less damaging but there is also less potential.
beermantm
10-18-2004, 07:14 PM
Betting 1-3 solid games per day which you feel most confident in with a higher winning percentage reducung the overall damage done by the vig when you go 2-1 or 3-0 (no damage)... vs. betting 10 games per day, going 6-4 or 7-3 while the vig eats up your gross profits... Its much easier to go 3-0 or 2-1 per day than going 7-3 or 8-2...
Sports-Gambling(Dan)
I'm not going to get into this to deeply here but you are flat out wrong. I don't mean any offense by it either. I'm here wanting to help people understand things a bit more. Some things I'm still learning. The vig my friend is paid by the winner not the loser. When you say you went 3-0 and the vig did not damage you, you are wrong you paid the vig on all three bets. If you went 0-3 then there is no damage from the vig. The damage done is that you lost your at risk money. This is the common mistake that gamblers make and a costly one if you ask me. You have to know when your paying vig and when your not to even understand the concept of playing more games.
The winner pays the Vig
Queen of Football
10-18-2004, 07:17 PM
Capper, you can come in here and when your new starts trouble or upsets the in-game thread then, there are no warnings. Your gone. Thing is you sign up over and over and ask the same queston. Sometimes a veteran member can get by with a lot of stuff here. But newbie's doing it is not allowed. Most of the time I let things slide.
BUT HERE IS THE MAIN REASON I BANNED YOU ALL THOSE TIMES. I CAN SEE YOUR EMAIL ADDRESS AND I DONT THINK BIG PIMPIN WOULD THINK IT WAS FUNNY YOU WHERE USING HIS NAME ON YOUR EMAIL ADDRESS. YOU SIGN UP OVER AND OVER USING OTHER MEMBERS NAMES SLIGHTLY DIFFERENT. YOU JUST SIGNED UP UNDER BEERMAN22. YOU SIGNED UP AS MIKE33. MIKE333 IS A GOOD MEMBER. I THINK YOU CAN QUIT NOW THE BOSS HAS TURNED OFF THE AUTO BUTTON AND YOU GOT TO GO THROUGH HIM TO GET IN NOW.
The War Dogs
10-18-2004, 07:22 PM
Sorry the numbers above are wrong I think, lol, but the principle is still correct. If I get the energy I will edit. (if beerman doens't beat me to it).
Sports-Gambling(Dan)
10-18-2004, 07:23 PM
beginnercapper Under 18 (-1000)
beginnercapper Over 18 (+800)
Give me 2 units on da Unda . . .
Stifler's Mom
10-18-2004, 07:29 PM
I play too many games. I've cut back in the last year, but I still go with too many. My problem is that when I cut back, the ones I eliminate win and the ones I go with lose, and that pisses me off alot more than going 3-3 or 3-4 on a given day and paying a little chalk.
Sometimes it works out and I go 8-2 for a day (I actually went 8-2 and turned a HUGE profit Saturday in CFB) and sometimes i go 2-6 and lose my ass and give it back (like I did Sunday in NFL). I played about 1000 games in MLB this season and still turned a decent profit for the year. I wouldn't count on being able to do that every year though, and next year I'll be looking to cut that way back.
Sure I like to win money, but I don't play above my head and it's a hobby. I lost money when I started betting. Everyone does, and anyone who says they didn't is either a liar or one lucky SOB. I have plenty of money in accounts in relation to what I bet now though that I could endure a 0-100 streak and still not be broke. I believe that's the key, as WD said.
Work within your budget (weather it be $5 per game or $100 per game) and find out what works for you, then go with it. I personally cannot get any enjoyment out of playing $5 per game, but if that's what you can afford, you gotta go with it.
PS. Capper222, remember that in game thread last week? Who's laughing now? It's not you. Screw you :puke:
beermantm
10-18-2004, 07:32 PM
Sorry the numbers above are wrong I think, lol, but the principle is still correct. If I get the energy I will edit. (if beerman doens't beat me to it).
I noticed it right away but I thought you know the point your making is still the right point. LOL
I hope I don't come off as pushy on some of this but I do put a lot of time and effort into knowing this stuff.
I'll help you out.
1000 plays
550-450-0 55%
13750-12375=$1375
100 bets
60-40-0 60%
1500-1100=$400
QuickNick
10-18-2004, 07:32 PM
I have always heard that about 80% of bettors lose, where did yall get the numbers 98% to 99% of bettors lose?????
beermantm
10-18-2004, 07:35 PM
I have always heard that about 80% of bettors lose, where did yall get the numbers 98% to 99% of bettors lose?????
No it is 98 to 99 % of all sports betters lose money. That is just poor money management on behalf of John Q Public.
HOMEDAWG
10-18-2004, 07:37 PM
Originally posted by Sports-Gambling(Dan)
beginnercapper Under 18 (-1000)
beginnercapper Over 18 (+800)
Give me 2 units on da Unda . . .
lol SGDan, Can I have the under on any future CAPPER222 attempted entries????:yeah:
By the way, What is the line: amount of replies this thread gets, that was started by a BANNED individual???
QuickNick
10-18-2004, 07:40 PM
Beerman, where did you get those stats from??? I got mine from an article done on sports gambling in Las Vegas about 12 to 15 years ago.
Stifler's Mom
10-18-2004, 07:42 PM
I'm right there with ya on your reasoning here beerman.
I believe poor money mgmt, playing more than one can afford to lose, and chasing losses are the main reasons most people lose.
If you bet too much or chases losses by doubling up and end up playing more than you can afford....one bad streak and you're history...and everyone will have a bad streak, no matter how good you are...so therefore it's inevitable that you will go broke if you play above your head, weather you play 1-3 games a day or 8 games a day.
The War Dogs
10-18-2004, 07:43 PM
I don't think it's true that that many lose money. By pure numbers I suppose it could be but for long term gamblers, my guess is you would find the majority about break even with a small group losing and a small group winning. For brand new gamblers, no doubt they get killed, i know I did on a pure money management disaster.
nomadicdaze
10-18-2004, 07:43 PM
Originally posted by QuickNick
I have always heard that about 80% of bettors lose, where did yall get the numbers 98% to 99% of bettors lose?????
i heard about 70-75 percent
lbjacj
10-18-2004, 07:46 PM
Originally posted by beerman
Thank God for sports betting or I would have to go out and buy stuff!!!:gulp:
Now thats a classic:thumbs:
QuickNick
10-18-2004, 07:48 PM
It just seems like 98% to 99% is too high.
beermantm
10-18-2004, 07:51 PM
Beerman, where did you get those stats from??? I got mine from an article done on sports gambling in Las Vegas about 12 to 15 years ago
Comes out of a sports gambling book. The math in the book was done by people that can do it much better than myself. Lets not kid ourselves though Nick we all know that stats like this can be off a bit.
Personafied
10-18-2004, 07:51 PM
I agree that is too high and misleading.
QuickNick
10-18-2004, 07:52 PM
I'll buy that beerman!!!
Sports-Gambling(Dan)
10-18-2004, 07:55 PM
beermantm...
Those #'s and %'s you posted...
Are they based on equal units per game?
I would think that someone who is betting less games per day (1-3) would wager a higher amount per game vs. someone playing 8-10 games per day...
beermantm
10-18-2004, 08:14 PM
Those #'s and %'s you posted...
Are they based on equal units per game?
I would think that someone who is betting less games per day (1-3) would wager a higher amount per game vs. someone playing 8-10 games per day...
Yes equal units per game.
And someone who is wagering more per game is fine any number works per game as long as it's only 5% or less than your original bankroll.
If you have a 1k bankroll and your wagering 100 per game and playing in 3 game sets you better be one hell of a capper buddy because your gonna go broke unless you can predict the future.
You may last a while that way but in the long run you will be doing the sportsbook bonus reload.
I have a question for you now have you reloaded your sportsbook account this year? Once? Twice?
Don't you love the bonus they give you to lose your money??? I have not reloaded my book in so long I can't remember when the last time I made a deposit was. Proper MM and you'll never have to be happy about the 20% or 10% reload you get.
Queen of Football
10-18-2004, 08:29 PM
I'll throw in my two cents. Most gamblers give back what they win. Some break even. Before I found this site. I swear I was lucky to break even. I mean most bookie's have took bets for years and they are still in business, so somebody must be losing money somewhere along the line and I dont think it's the bookie. Another thing I use to do and stopped doing was betting different amounts on different games. I would think oh boy this one's just got to hit and bet more. Now that I joined this forum I flat bet almost everything, the same amount. I will tell you one thing and this came out of the local bookie's mouth. He said the more parlay cards he gets the more money he puts in the bank. When he takes SU bets on games he just counts on the Juice to keep his business running. If he gets 15 people on one side and 5 on the other he passes off 10 bets to another place.
Queen :cool:
Stifler's Mom
10-18-2004, 08:32 PM
Queen...I have a buddy who books small and he does the same thing if he gets lopsided action, but if it's equal or close to equal, he just pockets the juice.
Wonder where these guys keep calling this "excess action" off to? It's gotta end somewhere, LOL
Sports-Gambling(Dan)
10-18-2004, 09:08 PM
beermantm...
I understand the concept. And I agree with it to a point.
Comparing two gamblers who wager $25 per game, yes the guy winning 55% of his bets betting 10X the # of games would net more than the other gambler who wagers $25 per game with a 60% winning percentage....
On the other hand, if the choice was for one gambler with a 10k bankroll to either wager 1000 games @ $25 per game or 100 games @ $100 per game:
1000 bets
550-450-0 55% ($25 per game)
13750-12375=$1375 "25k wagered out"
100 bets
60-40-0 60% ($100 per game)
6000-4400=$1600 "10k wagered out"
*** Last time I checked, it takes a long time to bet 1000+ games ***
Stifler's Mom
10-18-2004, 09:11 PM
Originally posted by Sports-Gambling(Dan)
*** Last time I checked, it takes a long time to bet 1000+ games ***
Took me exactly 1 year of MLB, LMFAO
Big Pimpin
10-18-2004, 09:13 PM
bet any and everything you have....rob the old lady next door and bet her shit too....if ya get down rob someone else and bet it too
Queen of Football
10-18-2004, 09:15 PM
Originally posted by Stifler's Mom
Wonder where these guys keep calling this "excess action" off to? It's gotta end somewhere, LOL
Well Stif, I can tell you he would send somebody else that worked for him to another place, so that place would not find out it was coming from his place. LOL
Big Pimpin
10-18-2004, 09:15 PM
My book has not had a losing year ever.....8 or 9 years
book always wins just hope it's on others and not you
beermantm
10-18-2004, 09:17 PM
Sports-Gambling(Dan)
I agree!!!!
And if you are someone only betting 25 bucks a game with a 10k dollar bankroll then your not getting any value for your plays.
You should be arround 200 a game with a 10k bankroll. The size of your wagers should be about 2% to 5% max of your bankroll and should only increase when you made back a sizeable portion of your original bankroll. roughly speaking you should be up at least 25 wagers before the next increase of your betting size.
*** Last time I checked, it takes a long time to bet 1000+ games ***
It happens pretty quickly if you play as many as you can but I am talking long haul gambling here. If your quiting next tuesday hell throw everything on one game.:gulp:
mike333
10-18-2004, 09:18 PM
Originally posted by BIG PIMPIN
bet any and everything you have....rob the old lady next door and bet her shit too....if ya get down rob someone else and bet it too
LMFAO!!! I like your style.
MAJOR
10-18-2004, 09:22 PM
they did do a show about a guy in vegas who made a living off football he was vegas's best handicapper won 55% of time !
Sports-Gambling(Dan)
10-18-2004, 09:22 PM
Right Beermant...
The 2% rule which is commonly used by pro gamblers...
Ok, and I see you have the increase in percentage as your bankroll increases...
If you are betting the entire board on Sunday's and able to win 55% or higher, than I'm all for it man...
:thumbs:
Big Pimpin
10-18-2004, 09:24 PM
you only live once so make it a good one
Sports-Gambling(Dan)
10-18-2004, 09:24 PM
Come on Yanks...
Finish these guys off already...
:bang:
Personafied
10-18-2004, 10:44 PM
My advice is to parlay. Great returns, minimal risk.
bettingmylife
10-18-2004, 11:20 PM
WOW, THIS IS ONE OF THE LONGEST THREADS IVE SEEN!! FUNNY AND BASIC INFO, GOOD INFO THOUGH.
BEGINNERCAPPER, BETTING ON SPORTS IS MORE GLORY THAN MONEY, THE IDEA OF BEING WISER THAN THE OTHER BETTOR, OVERALL THOUGH, GAMBLING IS GAMBLING, AND LUCK IS LUCK.
CHEERS GUYS, BET ON A GAME, DRINK A BEER, AND HOPE YOU WIN THE GAME, OTHERWISE DRINK A COUPLE OF MORE BEERS TO FORGET THE LOSS AND BE ABLE TO SLEEP. :gulp:
Kevin
10-19-2004, 02:44 AM
The lowdown is that 97 or even higher lose long term.
beermantm
10-19-2004, 03:01 AM
The lowdown is that 97 or even higher lose long term.
That is why you need to be a crazed mad man!!!!!!
tikal3013
10-19-2004, 03:24 AM
All of you are not encouraging. Yes my man, you can make money sports betting, and a lot. What i recommend is you take that 500, wait til college bball, and follow m MLG system. I hit something like 32 in a row last year, doubling the roll every 6 or 7 games. I do this system to MAKE MONEY, not for enjoyment. Yes you can make money, don't listen to these boys. :thumbs:
ShawnDeath
10-19-2004, 03:53 AM
I started my betting this year kind of as an experiment only depositing $20 and promising myself not to put anymore than that in. (college student so wouldn't have anymore money to deposit anyways=)
Starting on August 26th with $20.00 I'm currently up to a little over $190.00.
I consider myself extremely lucky because I've had to wager a sizable percentage of my account on most wagers, although I've now got a fixed number I bet now that isn't such a huge chunk of percentage. Many people have mentioned it in this thread, but money management and betting the same amount are a real key, or in other words discipline. I already made the mistake of betting more than usual on Green Bay over Chicago in week 2 as a sure thing and felt the sting off it; however, I've learned from that lesson and I think that's another key to staying in the game; learning from your losses.
Become a sponge and soak up information, I certainly have after finding this forum recently as there are some great posters here.
beermantm
10-19-2004, 04:13 AM
All of you are not encouraging. Yes my man, you can make money sports betting, and a lot. What i recommend is you take that 500, wait til college bball, and follow m MLG system. I hit something like 32 in a row last year, doubling the roll every 6 or 7 games. I do this system to MAKE MONEY, not for enjoyment. Yes you can make money, don't listen to these boys.
MAN!!! I don't know what I was thinking. Yeah all your worries are over now that tikal3013 has shown up!!! Let me show you the new money Management system for his picks.
You start with a hundred dollars and let it roll on every game for 32 in a row. So here is a chart for you to follow
Bets
1) 100
2) 200
3) 400
4) 800
5) 1,600
6) 3,200
7) 6,400
8) 12,800
9) 25,600
10) 51,200
11)102,400
12) 204,800
13) 409,600
holy shit this system is amazing!!!!
14) 819,200
15) 1,638,400
16) 3,276,800
I can't believe I haven't found this system before!!!!
17) 6,553,600
18) 13,107,200
19) 26,214400
20) 52,428,800
21) 104,857,600
22) 209,715,200
23) 419,430,400
24) 838,860,800
25) 1,677,721,600
26) 3,355,443,200
27) 6,710,886,400
28) 13,421,772,800
MOVE OVER TRUMP!!!!!!!
29) 26,843,545,600
30) 53,687,091,200
31) 107,374,182,400
32) 21,474,836,800
Dude you are a billionaire!!!!!!!!!! 21 Billion dollars!!!!
Man I can not believe how off I was about this gambling shit man!!! Even if you have to give half to the IRS your still what 10 Billion dollars!!!!
Man I'm going to start this system tomorrow!!!!
Thanks
tikal3013
:bbang: :bbang: :bbang: :bbang: :bbang:
Rothko1000
10-19-2004, 08:02 AM
This site has given me more winners than any other site. To me, UC has legitimate cappers...not chest pounding touts! Many of you guys really do your homework! Hell, I can't pick'em..............:bang:
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