Very untrue. A normal "day"...could be even or in the $$. However, a normal week, month, and year, THEN ~97% losers.
Bankroll management seems to be the answer to this question in my opinion. I used to start w/ about $300, but I'd risk anywhere from $50-$100 per play. This worked great sometimes, and then worked heart wrenchingly awful at other times. I'd hit 8-3 on 11 plays and be up about $400 or w/e it would be...it's all good...but the truth is, that's all coming back to the book if you don't manage your bankroll. If not in plays, it will in chase picks.
I did the same thing, chased at night on obscure (to me) rugby games in Australia. I remember one night I had about $800 in my account, and I had just lost the Sunday Night Football game by some ridiculous last play garbage...I looked up some tennis lines, and saw Jelena Jankovic (or w/e her name is) was about 1.20 on the night in her random match. I said to myself, "awesome, I can bet the $800, win back $160, and be good to go in the morning!". It wasn't to be, JJ decided to eat an extra twinkie in the locker room prior to the match, and she lost to like the #120 ranked player in the world. (She was top 5 at the time). Where I could have just accepted the $250 loss on the SNF game and lived to fight another day, I compounded the error and woke up to a $0.00 balance. It hurt.
Nonetheless, now if I start w/ $300, I'll bet about $20 a unit or something, and I almost always do well and get it up a couple hundred dollars over the course of a month or so. If I make 3 plays in a night, and I only lose $60, meh, I can get that back easy tomorrow. The thing is, it's only "easy" to you when you are putting bets in at like 4 in the afternoon when you have a full slate of games to choose of your liking across the wide array of sports.
You could try turning off your computer for the night after you place your bets....if you just wanted to treat it as an investment and not follow the picks, just check the scores in the morning, or just log in to your account and see what your balance is. That's a good way to not chase. If you don't know how you did until the morning, there is no urge to chase on obscure matches at 1:00 am. Like Jelena Jankovic. That would take away the fun of following of the games though. I do it sometimes, but in general I like to follow the matches. I just place my bets at 5 or 5:30 pm, and I don't allow myself to place anymore. Think about it, if something didn't stand out to you when you had all the games in the world to choose from at 5 pm, why should it at 8:30 pm after you have gone 0-4 and the game is a west coast college basketball game that starts at 10 pm. odds are, you aren't going to be making an informed decision.
Anyway, maybe this helped, maybe not. I learned when Jelena Jankovic laid an egg in Japan or somewhere...seems like a silly reason for a guy who knows a lot about sports to lose his entire bank roll when he could have bet any other American sport he actually had knowledge of. Don't be that guy. Make your plays, and turn the computer off. Don't bet 75% of your bankroll in one night. (or 25% for that matter)...and if you are really struggling, don't follow the games you bet on at night, and just see how you did in the morning. Best of luck going forward all.
Bankroll management seems to be the answer to this question in my opinion. I used to start w/ about $300, but I'd risk anywhere from $50-$100 per play. This worked great sometimes, and then worked heart wrenchingly awful at other times. I'd hit 8-3 on 11 plays and be up about $400 or w/e it would be...it's all good...but the truth is, that's all coming back to the book if you don't manage your bankroll. If not in plays, it will in chase picks.
I did the same thing, chased at night on obscure (to me) rugby games in Australia. I remember one night I had about $800 in my account, and I had just lost the Sunday Night Football game by some ridiculous last play garbage...I looked up some tennis lines, and saw Jelena Jankovic (or w/e her name is) was about 1.20 on the night in her random match. I said to myself, "awesome, I can bet the $800, win back $160, and be good to go in the morning!". It wasn't to be, JJ decided to eat an extra twinkie in the locker room prior to the match, and she lost to like the #120 ranked player in the world. (She was top 5 at the time). Where I could have just accepted the $250 loss on the SNF game and lived to fight another day, I compounded the error and woke up to a $0.00 balance. It hurt.
Nonetheless, now if I start w/ $300, I'll bet about $20 a unit or something, and I almost always do well and get it up a couple hundred dollars over the course of a month or so. If I make 3 plays in a night, and I only lose $60, meh, I can get that back easy tomorrow. The thing is, it's only "easy" to you when you are putting bets in at like 4 in the afternoon when you have a full slate of games to choose of your liking across the wide array of sports.
You could try turning off your computer for the night after you place your bets....if you just wanted to treat it as an investment and not follow the picks, just check the scores in the morning, or just log in to your account and see what your balance is. That's a good way to not chase. If you don't know how you did until the morning, there is no urge to chase on obscure matches at 1:00 am. Like Jelena Jankovic. That would take away the fun of following of the games though. I do it sometimes, but in general I like to follow the matches. I just place my bets at 5 or 5:30 pm, and I don't allow myself to place anymore. Think about it, if something didn't stand out to you when you had all the games in the world to choose from at 5 pm, why should it at 8:30 pm after you have gone 0-4 and the game is a west coast college basketball game that starts at 10 pm. odds are, you aren't going to be making an informed decision.
Anyway, maybe this helped, maybe not. I learned when Jelena Jankovic laid an egg in Japan or somewhere...seems like a silly reason for a guy who knows a lot about sports to lose his entire bank roll when he could have bet any other American sport he actually had knowledge of. Don't be that guy. Make your plays, and turn the computer off. Don't bet 75% of your bankroll in one night. (or 25% for that matter)...and if you are really struggling, don't follow the games you bet on at night, and just see how you did in the morning. Best of luck going forward all.
because I'm on a cold streak that makes this new york winter coming, feel like a mild fall breeze. hopefully i can 
back together and go 
.. uhh
.
