1. #1
    Inspirited
    Inspirited's Avatar SBR PRO
    Join Date: 06-26-10
    Posts: 1,783
    Betpoints: 17852

    I just bottomed out for the NBA season

    I've been betting for a month and now am slighly below zero in terms BR growth. I have to start over again.

    I started off 73-47 or 60.8%.

    Since then, I've went 52-67 or 43.7%.

    I was up 20 units

    This reversal happened around the end of December and start of January. I did think to fade myself but instead kept stubbornly betting with my system in hopes that things would change. Nope.

    The exact same thing happened to me last year with MLB. I got up 20 units in a little over a month hitting 60% and then things went upside down and I hit only around 40%.

    This makes me sick.

  2. #2
    Hall2Collie
    Hall2Collie's Avatar Become A Pro!
    Join Date: 01-03-11
    Posts: 462
    Betpoints: 158

    Seems a little undisciplined to be "bottoming out" in January

    Pace yourself for the long season

  3. #3
    CapDees70
    CapDees70's Avatar Become A Pro!
    Join Date: 01-13-11
    Posts: 79

    Keep your head up bud!

  4. #4
    suicidekings
    Update your status
    suicidekings's Avatar Become A Pro!
    Join Date: 03-23-09
    Posts: 9,962

    So is that a total record of 125-114 in a month? 239 wagers in 30 days?

  5. #5
    JOHON8
    gambling fallacy
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    Join Date: 01-28-10
    Posts: 7,712
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    You made 239 bets in a month? Sorry but here is no way you can turn out a profit for an entire season like this.

  6. #6
    lyon804
    lyon804's Avatar Become A Pro!
    Join Date: 11-02-09
    Posts: 6,526
    Betpoints: 1011

    If you can quantify your edge then you can just chalk it up to variance/binomial distribution which good gamblers/bad gamblers all go through. No winning gambler wins at a convenient rate long term. Say for example you hit 55% long term... it don't work like that week in week out. Some weeks will be awesome, others horrible. Also, your 43% plunge is nothing. i did much worse than that last season in a 112 game stretch and still hit 58% for the yr.


    Bottomline, you need to know your edge and track your record long term to help understand/navigate the rough times. everything else is meaningless if you don't know your edge/record long term.

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