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TUF : Nations great value parlay

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#31

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Quote Originally Posted by MD View Post
I said it was in the five figures or something and da haterz ran with 10K, it was unfortunately more than that, enough to tilt me badly when the 49-46 card was read out as for Henderson. Probably shouldn't even have posted the five-figures comment at the time, but I really didn't care and was extremely annoyed about the decision. Definitely the most tilted I've ever been in sports betting. Oh well, at least Marz has something to make fun of me for while he continues to not gamble on this gambling forum.
Not being an ass but you set yourself up for that one, and i have been gambling, won big on clottey vs mundine, parlayed nelson and guida, and have a parlay for pacman / bisping, just haven't been posting them on this forum.
#32

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Quote Originally Posted by marzwoody View Post
Not being an ass but you set yourself up for that one, and i have been gambling, won big on clottey vs mundine, parlayed nelson and guida, and have a parlay for pacman / bisping, just haven't been posting them on this forum.
I don't think you know what "expecting to lose money" means, but that aside, the bets you posted lost, you made a fool of yourself, and retired from gambling, but you've secretly been gambling and crushing it now that you're not posting your bets?

My penis is 13 inches when no one is looking at it.
#35

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Quote Originally Posted by MD View Post
I don't think you know what "expecting to lose money" means, but that aside, the bets you posted lost, you made a fool of yourself, and retired from gambling, but you've secretly been gambling and crushing it now that you're not posting your bets?

My penis is 13 inches when no one is looking at it.
Which bets lost? you mean the card, where nearly everyone lost money and most of the underdogs won? I could care less about anyone else's opinions, so why would i post plays to entertain people? iv'e grown out of that phase, don't have the time to respond to doubters who shut up after the events over i have way better things to do with my time, like watching the fights and counting the doh afterwards but hey i'm not a bitch, anyone asks me what bets i'm making before an event i will gladly reply.
#36

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Quote Originally Posted by MD View Post
Beginners tend to make that mistake a lot; "my bankroll isn't big so I don't need to follow bankroll management." You should consider the difference between a positive expectation and a negative expectation; if you're wagering, why make a bet that you're expecting to lose money on? For any amount? If your friend offered to give you $20 every time his coin landed on tails as long as you gave him $25 when it lands on heads, would you do it? It's just $20, right?
You'll be surprised by this, but I disagree somewhat.

When bankrolls are really small or prizes become really large utility becomes a more important consideration than traditional bankroll management.

If I know I can pick winnerz at 55%, but can only spare 50$ a week out of my salary in order to bet them, it becomes worthwhile to take some big risks on long shot parlays because a large bankroll gained quickly will be more profitable in the longrun.
#37

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Quote Originally Posted by NunyaBidness View Post
You'll be surprised by this, but I disagree somewhat.

When bankrolls are really small or prizes become really large utility becomes a more important consideration than traditional bankroll management.

If I know I can pick winnerz at 55%, but can only spare 50$ a week out of my salary in order to bet them, it becomes worthwhile to take some big risks on long shot parlays because a large bankroll gained quickly will be more profitable in the longrun.
Do you disagree, though?

If you could only spare $50 a week out of your salary to gamble with, I'm positive that you'd get a second job. When your projected profit is lower than what you'd earn flipping burgers, you should be flipping burgers for a while, if you're serious about gambling.
#38

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Quote Originally Posted by marzwoody View Post
Which bets lost? you mean the card, where nearly everyone lost money and most of the underdogs won? I could care less about anyone else's opinions, so why would i post plays to entertain people? iv'e grown out of that phase, don't have the time to respond to doubters who shut up after the events over i have way better things to do with my time, like watching the fights and counting the doh afterwards but hey i'm not a bitch, anyone asks me what bets i'm making before an event i will gladly reply.


Make bet -> Count the d'oh!

Probably sounds like Moe's Tavern in your mom's basement while UFC is on.
#39

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Quote Originally Posted by MD View Post


Make bet -> Count the d'oh!

Probably sounds like Moe's Tavern in your mom's basement while UFC is on.
Mums basement? is that where you live dude? funny your apparently from Ireland and you spell, mum, mom. to much time conversing with your american friends over the interwebs?
#43

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Quote Originally Posted by MD View Post
Do you disagree, though?

If you could only spare $50 a week out of your salary to gamble with, I'm positive that you'd get a second job. When your projected profit is lower than what you'd earn flipping burgers, you should be flipping burgers for a while, if you're serious about gambling.
Why do you quote me back to me so often? This is what I've said for years on the board and in PMs to you.

Even if you were working 3 jobs to build your bankroll, it still may be worth it to 'take shots' to get your bankroll soaring, especially if your bankroll is a) replaceable and b) growing slowly, but only if c) you have a proven edge.

Utility isn't looked into enough when gambling in general, and can throw a lot of EV calculations out of whack.

Take for example a typical casino bonus, deposit $50 get a $50 bonus, with 40x playthrough. The correct way to play this assuming your bankroll is large enough that losing $50 is meaningless is to bet the entire $100 in one hand. But if you win, isn't betting $200 now the correct play? And then $400? According to the EV model you would continue doubling your bet to $3200. While $50 may be meaningless, $3200 rarely is. The EV model has broken down, and utility comes into play.
#44

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Quote Originally Posted by MD View Post
I said it was in the five figures or something and da haterz ran with 10K, it was unfortunately more than that, enough to tilt me badly when the 49-46 card was read out as for Henderson. Probably shouldn't even have posted the five-figures comment at the time, but I really didn't care and was extremely annoyed about the decision. Definitely the most tilted I've ever been in sports betting. Oh well, at least Marz has something to make fun of me for while he continues to not gamble on this gambling forum.
Like to hear the book that allowed 10k live. BS.