[SixFigures]

I've been in the 'game' for about a week now, and I've noticed that most people have a negative bankroll. Now I've lost $150 today, and I told myself I won't bet again for a while because I don't have that much money.

I started because like everyone here I wanted to build an empire just from winning bets (easier said than done of course) But there is not one sports game that is played and there is a guaranteed winner. For example, today France and Hawks choked when they should of won, and this happens on a daily basis in every sport. There's luck involved and there's fixes, where unfortunately people like us don't have access to information like the 1% do.

So what keeps people going when they're losing? Why are you so confident you can turn it around? Is it the thrill of winning a big bet? Boredom?

Curious to see responses.

[Jordyo]

Addiction.

[Dougie_Fre$h]

This is my best year by far (hitting close to 60%). It's the chase.

[SixFigures]

In after Dougie Phre$h

[terrenceross]

you just started, dont have a lot of money, and lost 150 dollars in a week

that is your problem

flat bet within your bankroll so bet about 5-10$ a game. You should also only be betting certain games that are good plays and dont impulse bet ever. bookies are just waiting for you to impulse bet.

follow this and if your half decent at picking games, you will do well

[SixFigures]

To be fair I only played 3 times. Won a parlay, bet most of my bankroll on France and then everything I had left on Hawks. It's not very appealing to put 5 dollars on a play to only win $5.50..

[TheDominican]

I want to bet, but first I'm trying to learn as much as possible. I haven't found anyone to have a real edge yet when it comes to crushing the data available online, I'm sure the syndicates have some geek like rainman that can use data much better than us.

[RollinDo]

I noticed that most people had a bad month...but others like D Fresh have been raking in a ton.
My problem was playing too many mlb games that could have gone either way. I should have played 3 games instead of 5-6...that's when you see more bad breaks and then you start figuring out how to get your losses back...which most always is not a good chase.
This next month I have a better plan of how to manage my $ without having to do a ton of research...Sucks most to spend hours doing that and then having a negative day.

[TheDominican]

I would advice against cutting your hours doing research, MLB itself didnt have a clue with what was in store for them regarding elbow injuries. It's been a weird year, cut the amount of games play but not your research.

[WAHOOS]

To be fair I only played 3 times. Won a parlay, bet most of my bankroll on France and then everything I had left on Hawks. It's not very appealing to put 5 dollars on a play to only win $5.50..

This is why you lose. You need good money management to stay alive and beat losing streaks in the long run. Your average bet should be approximately 1% of bankroll with plays you absolutely love not going over 3-5%. In other words, if your bankroll is $500, $5 should be your average bet if you want to have a chance at long term success.

Coming from someone who isnt a high roller either (started with $800 and worked to $1900 over last 4 months using good money management), its unglamorous to bet $5-10 if you are working with less than a grand, but if you are actually trying to be long term successful (and not up and down hundreds time you bet), that is what you're supposed to do.

Sorry for your luck. For me, May has been one of my best months of the year.

[GoggsViggs]

MLB its definitely a grind. been tracking my MLB plays on SBR and after 2 weeks of hard work, up $220. That's about $22 profit / hour of research and data crunching. not great, but it's a fun hobby on side for me. BOL to you.

[HardCore]

It doesnt matter how good you are or not its about how much you bet. The size of your bankroll determines how much money you make as a gambler in general. For example its easy for these wise guys who sell pick in vegas to make a living because their average bet is a dime(1k) if im betting 1k per unit then all i gotta do is win every 2/3 bets a night and im gonna make a good living assuming its the reg -110-120 bets not the juicy -130-160 that we have to make during the mlb season. People in the sports betting world must remember this 1 important fact of life, respect moves lines in vegas not money. Joe blow can walk into a casino in bet 10k and the line wont move but a wiseguy can walk up to the window and bet 1k on the same game and the line will move immediately.

[RollinDo]

Joe blow can walk into a casino in bet 10k and the line wont move but a wiseguy can walk up to the window and bet 1k on the same game and the line will move immediately.

From what I've seen, line movements in mlb can mean very little.
For the Reds game vs AZ for example on Sat. Clearly the edge was with Reds, yet line moved in favor of D'backs. Reds won easily...I've seen that kind of scenario quite a bit this year...I've only been betting for 15 months, so maybe I'm naive.

[RollinDo]

Anyone tried just betting on selected pitchers and nothing else?

Thinking of doing 75% of my wagers on 15 pitchers...at least test it for a month.

[iceman02]

Anyone tried just betting on selected pitchers and nothing else?

Thinking of doing 75% of my wagers on 15 pitchers...at least test it for a month.

Try the 2-6 system

[keel44]

All I know is this. Sports betting is probably the only form of gambling to where you can win long term. You are betting against other people and people are playing the sport itself. There is an opportunity there.

It is quite the challenge. I think bettors want to show just how intuitive they are trying to crack the "code".

Try your own angles and test it out. I have been trying for 15 years and loved every minute of it.

[RollinDo]

Try the 2-6 system

What is this? Never heard of it. Can you give me a little debriefing of this?

[Accountant4Life]

This is my best year by far (hitting close to 60%). It's the chase.

A fkin men

[posey]

SixFigures, as the others told you, bankroll management is very important. MLB features a ton of games per season (over 2400!) and therefore you will slip into streaks which can go either way. If you slip into a win streak everything is fine and your BMR doesn't matter much. But if you start to lose - and you will start losing, everyone does - BMR is your anchor.

Besides that I can give you one advice as a European who knows soccer (or football as we call it) very well. Never ever bet on favorites in national teams friendly matches. When you bet on friendly matches, then do yourself a favor and bet on the X, double chance X/dog or on the dog.
Why? Quite simple:
Let's use Germany and their recent results as an example because they fit my advices very well.
1. You got to keep in mind that the favorites in friendly matches which are played close to the World Cup or European Championship are mostly teams which are expected to play a big role in the upcoming events. But the thing is that those teams don't have anything to prove. Therefore you got to keep in mind that a bad result in friendly which took place before the championship is no big deal. As the championship starts the bad result is forgotten. E.g. before WC '06 Germany lost at Italy 1-4 with a disastrous effort. But they made it to the third place at the WC. Before the European Championship in '12 the last two friendly results of the Germans were 1-2 vs. France and 3-5 at Switzerland. Both very bad efforts. But in the end they made it to the semi-finals at the EC. 2014 is very similar. Last matches before the start of the WC: 0-0 vs Poland and 2-2 vs Cameroon. Both more or less bad teams compared to Germany. But Germany didn't win. I would bet the ranch (which I don't have) that Germany would have won all of those matches in '12 and '14 against those teams IF they would have been played at the tournament itself.
2. In friendlies which are close to the tournaments the favorites are often testing and nothing else. As I said the result doesn't matter. The coaches try different lineups, different tactics, rest important players and give bench players a chance to prove themselves. Therefore you will never see it happen that the best available teams will play in such matches.
3. This one is related to the 2nd point somehow. You got to keep in mind that all important players are playing for very good club teams in general. This means that they will play a ton of matches over the course of the season. Because of that the national team coaches try to give those players a rest because they want them to be as rested as possible for the tournaments.

Bookies never place their lines keeping the points from above in mind. I don't know why, but they don't. But this is no surprise since people still bet on the favs and the bookies make money. You won't get any 'fair' lines for friendlies. Never ever. E.g. the match of Germany vs. Poland featured a German team with a ton of players who won't play a big role in the upcoming tournament for sure. It was a German squad which consisted mostly of unproven talents. But the bookies favored Germany nonetheless, and how they did it. The line for a German win was at -333 on average. A proven sports bettor would have done one thing. Bet either on a draw or on double chance for draw or a win of Poland. You know the result, I told you it went 0-0. Guess on which outcome I placed a bet on. And guess on which outcome the majority of the public placed a bet on and then was crying.

[vegasreaper]

To build your empire Sixfigures you must and I repeat must start out with a solid foundation. I can't say anything that others havn't already advised you of but to build an empire takes a lot of time and patience. You MUST use money management it is the key to doing this long term. As others have said 1-2 % per play amd 3-5 % on games you find more solid or during those winning streaks. And leave those parlays alone!! The only time I would advise parlays is if you are using a modified line or straight moneyline not ATS. Hope this helps you out a little and best of luck to you..

[Cappinpicks]

This is my best year by far (hitting close to 60%). It's the chase.

what about life time

[rosietop]

people who are long term losing gamblers will continue to bet because it is a form of trying to 'heal' a problem. Like smoking, drugs, hookers, drinking,etc anything that makes a person with an addiction 'feel normal' and 'happy', albeit temporarily.

betting actually temporarily makes them feel good. It distracts them from the real inner pain of their life, almost like an escape from reality.

That is why losing gamblers keep on betting.. Its an easy form of temporary self healing.

The long term winners are too busy getting that paper to be posting on forums.

To be able to profit on betting is to have a special talent. A special type of intuitive pattern finding subconscious talent. Most people are not born with this talent so its like asking how Artists can paint amazing pieces, to the layman it looks impossible, to the artist its simple.

[drfunkmaster]

I've been in the 'game' for about a week now, and I've noticed that most people have a negative bankroll. Now I've lost $150 today, and I told myself I won't bet again for a while because I don't have that much money.

I started because like everyone here I wanted to build an empire just from winning bets (easier said than done of course) But there is not one sports game that is played and there is a guaranteed winner. For example, today France and Hawks choked when they should of won, and this happens on a daily basis in every sport. There's luck involved and there's fixes, where unfortunately people like us don't have access to information like the 1% do.

So what keeps people going when they're losing? Why are you so confident you can turn it around? Is it the thrill of winning a big bet? Boredom?

Curious to see responses.

actually there was a guaranteed winner last night and i posted it..

[primetime23]

This weekend alone I won 9k.... Pretty good weekend I would say.....

[Cappinpicks]

This weekend alone I won 9k.... Pretty good weekend I would say.....

balances out on the 10k lost last week

[RJKing]

I made a lot in the NBA this year and May sucked for the MLB. Stick with it and don't go with your gut. get good info...it's out there for the taking

[Trmeyer]

Baseball is hard to cap, so it's not the sport you want to start your betting career in. Wait until football and basketball season, it's easier to find an edge.

[primetime23]

balances out on the 10k lost last week

I don't usually bet big unless I win big... So no I didn't lose 10k last week!!

[Cappinpicks]

Baseball is hard to cap, so it's not the sport you want to start your betting career in. Wait until football and basketball season, it's easier to find an edge.

people say wait for MLB during basketball lol

[iceman02]

[QUOTE=RollinDo;21973865]What is this? Never heard of it. Can you give me a little debriefing of this?[/QUOTE2-6 Betting System

The Program

The brilliant beauty of The 2-6 Straight Bet System is that you can win just 2 of any 6 bets (for a winning percentage of .333) in a Series and still attain a profit. Additionally, your wagers, or “Series Amounts,” are predetermined, so there’s no guesswork regarding how much to lay on a particular game.

In The 2-6 Straight Bet System, you are going to make a Series of up to 6 bets, in the pre- calculated amounts of $11, $22, $44, $66, $88 and $132.

You will bet 1 or 2 games at a time in the Series, moving up to the next Series Amount after each bet. When you achieve your goal of just 2 total wins, you roll your profits back into your Personal Betting Bankroll and start over at the beginning if you’d like.

For example, to begin, make 1 wager in the Series Amount of $11, or 2 wagers, 1 in the Series Amount of $11 and the other in the Series Amount of $22. If you win both bets, your goal is attained and you add your profits to your Bankroll. If you win just 1 wager of the 2, however, you can bet only 1 game at a time thereafter, since you are seeking just 2 total wins anywhere in the Series of up to 6 wagers.
Say, for instance, you win your first wager for $11, then lose bets in the subsequent Series Amounts of $22, $44, $66 and $88. Then you win your final wager in the Series, for $132, reaching your goal of only 2 total wins in 6 wagers. At that time, you can go back to the first number in the Series and start over with another Series of up to 6 bets.

The Goal
The simple objective is to win any 2 bets in a Series of no more than 6 wagers.

The Series 11-22-44-66-88-132.
(Again, Series are pre-calculated so that you can profit by winning the minimum set numbers of wagers in a particular System, in this case, 2.

They also protect your Bankroll 5 by representing about 25% of your total available money, so if you happen to go on a losing streak and lose your entire Series, you are down just 1 Betting Block, and still have 75% of your Bankroll with which to wager.)

The Formula

For those who find the Series Amounts in the Series 11-22-44-66-88-132 too rich or poor for your blood, there is no reason you can’t raise or lower the amounts according to your betting objectives.

The formula for setting the 6 Series Amounts in The 2-6 Straight Bet System is
a, 2a, 4a, 6a, 8a, 12a.

In the Series above, a = 11 or $11. If you find this too conservative, try a larger multiple of 11 for the value of a, say 22. If you pick 22 for the starting bet, your Series would be calculated 22, 44, 22 x 4 = 88, 22 x 6 = 132, 22 x 8 = 176 and 22 x 12 = 264, or
22-44-88-132-176-264.

On the other hand, if the prospect of having to risk $132 to make $120 should you go 1-4 or 0-5 in your first 5 bets makes you nervous, you can start with a $5.50 bet, or a Series of $5.50-11-22-33-44-66, which will limit the downside in the event you pick less than 50% winners or go on occasional losing streaks. For our purposes here, however, we will stick with the original betting Series for examples.
Note that when setting your own Series Amounts, if you add up each of the 6 numbers in the Series, they should total about the same dollar figure of each of your 4 Betting Blocks, give or take 10%. This is what prevents you from losing more than 25% of your Bankroll during any given losing streak.

The Rules

1) Make only 1 or 2 bets at a time in the predetermined amounts until you have won at least 1 bet.

2) Once you have won 1 bet, bet only 1 game at a time in the predetermined Series Amounts, until you win a second wager.

3) When you win 2 bets in any Series of up to 6 wagers, your goal is achieved, so you roll your profits back into your Personal Betting Bankroll and either start over with a new Series to build your Bankroll, or begin a Series in another of my 12 Money-Management Programs.

4) If you suffer an unfortunate losing streak of 1-5 or 0-6, start over with a new Series and begin recouping your recent losses.

Tips

1) The 2-6 Straight Bet System turns a profit when you bet against the spread with traditional 11-10 odds (like on football and basketball), but it can show even more profit when used with “even-money” or better bets such as moneyline wagers (or which team will win “straight up” or outright, not against the spread) on underdogs.

2) If you are betting against the moneyline and/or with odds worse than 11-10, make sure you wager enough to win the payouts associated with your Series Amounts. In other words, if you are betting on the Yankees -150, instead of wagering $11 to win $10, you must wager $15 to win $10.

3) Related to Tip #2, for any wager with odds worse than 11-10 that you lose, you must add the additional losses, in this case $4 ($15 – $11 = $4), to the payout of what would be your normal Series Amount, in this case making your next Series Amount $26 ($20 + $4
= $24 payout so the next Series Amount at 11-10 odds would be $26 to win $24), so that a win can not only recoup your losses but post a profit.

4) Don’t forget to also add any money paid to a professional handicapper for his picks to your Series Amounts in the same way you add losses at worse than 11-10 odds (as explained in Tip #4). Keep in mind that if you pay $25 for 5 picks, you must add only $5 to each Series Amount, assuming you run 5 Series that day. In other words, divide the handicapper’s fee among the total number of picks you play that day.

5) If your Bankroll allows it, try running 2 or more Series at once, which can boost your monthly profits to $500 or more on this System alone.

6) Don’t forget to keep strict track of your 2-6 Straight Bet System.

[PublicEnemy]

I'm making a decent amount of profit on a day to day bases. I've had 4 straight years of success, however, I've had a lot of unsuccessful seasons when I first started out like you. 1. Bankroll managment 2. Don't be average 3. DO RESEARCH ON SPORTS GAMBLING...its not really gambling once you break it down and treat it like the stock market. 4. There are formulas that will give you a ROI if given the certain specs. 5. Have goals, figure out what you need to make to get to a certain ROI that you are comfortable with 6. THIS IS NOT GOING TO BE EASY 7. YOU WILL NOT BECOME A PROFESSIONAL 8. It will take YEARS ON TOP OF YEARS for you to "get the hang of it" 9. DONT TAKE ADVICE FROM THE AVERAGE BETTOR. Good Luck!

[ComebackKid]

Do yourself a favor quit while your ahead, $150 turns to $1500, and that turns to $15000, there is no stopping, you're better off waiting for playoffs, Finals, Superbowls etc, when the games actually matter. The average athlete doesn't care about how good they play day to day as most seasons involve numerous games, too many variables and things to go against you that determine the outcome of games, best advice I can give is to bet on dogs, it's always nice to get points instead of give them. You'll never beat a book betting numerous games at a time, week etc, most pros bet 5-10 times a year and big money. Build your bank and bet $500-$1000 on important games, not just any Monday, Wed, Thursday games that don't mean anything to these athletes. And baseball is the worst, just cause your betting on a great pitcher doesn't mean the bullpen doesn't get rocked when they pull him. Best advice, track your bets like you were going to place wagers over a two-three week period and see how you do on paper first, if you insist on betting.

[mikmik]

Public any plays tonight?

[PublicEnemy]

Public any plays tonight?

Maybe 1, but it will only be for $200 max...nothing big

[SixFigures]

Thanks for the responses.

This isn't a complaint/rant thread by the way, I was legit curious to see how some people can make a living out of betting

thanks again