Why every gambler loses money.........................

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Nicky Santoro
    SBR Posting Legend
    • 04-08-08
    • 16103

    #1
    Why every gambler loses money.........................
    not including college sports, props or halfs.. etc..


    If you bet every dog since 1995 in all 4 major sports..for 1k a game, you'd be down 2.8 million

    if you bet every fav since 1995 in all 4 major sports.. for 1k a game...you'd be down 3.1 million

    if you bet every under since 1995 in all 4 major sports.. for 1k a game, you'd be down 2.7 million

    if you bet every over since 1995 in all 4 major sports.. for 1k a game.. you'd be down 2.9 million


    makes you wonder.


    bottom line is every year in every major sport, the sides and totals hit very very close to 50% because the lines are sooo accurate. doesn't matter how much you know, it's still going to be 50%.. so if you are paying -110 or -105, you will get smoked, whether you want to believe it or not.. this is the truth..(btw, these lines are based on -110/-110) if you are laying -105, you'd just lose half this amount, which is still horrible.

    the ONLY way you have a chance at beating this game and not go broke, is if you shop shop shop for the best # and beat the closing line..

    Had you bet each game since 1995 at 12 cents better and 1 pt better than the closing line, instead of being down millions over 13 yrs, YOU'D BE UP MONEY.. every cent and point will make a world of difference.. if you're not beating the closing # consistently, you better walk before it's too late.. cause you will lose..

    JUST LIKE EVERY YEAR.. ALL THESE LINES WILL END UP RIGHT AROUND THE 50% MARK.. SO LAYING -110 OR -105 WILL MAKE YOU GO BROKE. Just like LT posted today.. hockey overs are 51.3% so far this year, which means that if you are betting every over, you'd be down money.. and if you are betting every under in NHL this year, you're getting slaughtered.. There is no way out of this.. UNLESS... you are beating the closing #.

    the key is to shop shop shop, cause these lines are sooooooooo accurate. doesn't matter how much you know.. cause the more you know, the less successful you will be.. No matter who's playing who... the spread makes it 50-50..
  • SlickFazzer
    SBR Posting Legend
    • 05-22-08
    • 20209

    #2
    Nicky I printed this out and am hanging a copy in every room in the house.

    thanks.
    Comment
    • compaqDikk
      SBR Hall of Famer
      • 10-08-05
      • 5699

      #3
      stick with spot betting and you will not get hurt
      Comment
      • Kaps
        SBR MVP
        • 09-09-06
        • 3272

        #4
        Originally posted by Nicky Santoro
        not including college sports, props or halfs.. etc..

        the ONLY way you have a chance at beating this game and not go broke, is if you shop shop shop for the best # and beat the closing line..


        the key is to shop shop shop, cause these lines are sooooooooo accurate. doesn't matter how much you know.. cause the more you know, the less successful you will be.. No matter who's playing who... the spread makes it 50-50..

        agreed ....people take notes
        Comment
        • purecarnagge
          SBR MVP
          • 10-05-07
          • 4843

          #5
          exactly do what I do..spot bet and go all in.
          Comment
          • RealSlimShady
            SBR Hall of Famer
            • 12-24-07
            • 6249

            #6
            Nicky, do you have the record broken down by sport and year as well? Would be curious to see how the records are like.
            Comment
            • donjuan
              SBR MVP
              • 08-29-07
              • 3993

              #7
              Nicky Santoro is offline Report Post
              Default Why every gambler loses money.........................
              not including college sports, props or halfs.. etc..


              If you bet every dog since 1995 in all 4 major sports..for 1k a game, you'd be down 2.8 million

              if you bet every fav since 1995 in all 4 major sports.. for 1k a game...you'd be down 3.1 million

              if you bet every under since 1995 in all 4 major sports.. for 1k a game, you'd be down 2.7 million

              if you bet every over since 1995 in all 4 major sports.. for 1k a game.. you'd be down 2.9 million


              makes you wonder.


              bottom line is every year in every major sport, the sides and totals hit very very close to 50% because the lines are sooo accurate. doesn't matter how much you know, it's still going to be 50%.. so if you are paying -110 or -105, you will get smoked, whether you want to believe it or not.. this is the truth..(btw, these lines are based on -110/-110) if you are laying -105, you'd just lose half this amount, which is still horrible.

              the ONLY way you have a chance at beating this game and not go broke, is if you shop shop shop for the best # and beat the closing line..

              Had you bet each game since 1995 at 12 cents better and 1 pt better than the closing line, instead of being down millions over 13 yrs, YOU'D BE UP MONEY.. every cent and point will make a world of difference.. if you're not beating the closing # consistently, you better walk before it's too late.. cause you will lose..

              JUST LIKE EVERY YEAR.. ALL THESE LINES WILL END UP RIGHT AROUND THE 50% MARK.. SO LAYING -110 OR -105 WILL MAKE YOU GO BROKE. Just like LT posted today.. hockey overs are 51.3% so far this year, which means that if you are betting every over, you'd be down money.. and if you are betting every under in NHL this year, you're getting slaughtered.. There is no way out of this.. UNLESS... you are beating the closing #.

              the key is to shop shop shop, cause these lines are sooooooooo accurate. doesn't matter how much you know.. cause the more you know, the less successful you will be.. No matter who's playing who... the spread makes it 50-50..
              This doesn't prove anything other than that you can't simply take advantage of bias in the lines. You really can't prove efficiency in that simple of a manner.
              Comment
              • Nicky Santoro
                SBR Posting Legend
                • 04-08-08
                • 16103

                #8
                Originally posted by RealSlimShady
                Nicky, do you have the record broken down by sport and year as well? Would be curious to see how the records are like.
                mlb since 95

                mlb favs -1.5 million down
                mlb dogs -1.2 million down

                nba since 95

                nba favs down -690k
                nba dogs down -650k


                nfl since 95

                nfl favs down -140k
                nfl dogs down -130k


                NFL is not down much because of not enough games per season.
                Comment
                • nick2060
                  SBR MVP
                  • 10-28-08
                  • 1051

                  #9
                  This doesn't really prove that a smart gambler would lose money, it just proves if you have a policy of playing all dogs of all favourites it will not be successful
                  Comment
                  • SportsLockPicks
                    SBR MVP
                    • 12-03-07
                    • 3386

                    #10
                    can you site where you get this info..and how you do your math on the differences in juice
                    Comment
                    • unit1884
                      SBR Wise Guy
                      • 06-11-08
                      • 938

                      #11
                      I beat the closing number all the time, thanks Proline!!!
                      Comment
                      • Chi_archie
                        SBR Aristocracy
                        • 07-22-08
                        • 63172

                        #12
                        if you beat the closing number by .04 cents consistentlyyou have a slight edge on the books over time, right??? thought I remember hearing that.

                        Nicky, how do you go about beating the closing number so consistently? do you basically have to become a slave to your line services and http://www.sbrodds.com/ ect... I do that a few days a week...but just feel like it sucks the life out of me...
                        Comment
                        • Nicky Santoro
                          SBR Posting Legend
                          • 04-08-08
                          • 16103

                          #13
                          Originally posted by Chi_archie
                          if you beat the closing number by .04 cents consistentlyyou have a slight edge on the books over time, right??? thought I remember hearing that.

                          you would still lose with 4 cents better.. you'd lose a lot less mind you.. so for the avg guy who goes broke after 6 months.. you would probably lose it all in 9 months.. but you'd eventually lose it.. 4 cents better on a 20 cent line is hardly anything.. and 4 cents on a 10 cent line is still a -ev bet for you
                          Comment
                          • eyeball
                            SBR Wise Guy
                            • 08-14-07
                            • 988

                            #14
                            Is it not possable if yo were a really good capper to win slightly more than 50%. Something like 55%?
                            Comment
                            • unit1884
                              SBR Wise Guy
                              • 06-11-08
                              • 938

                              #15
                              You guys should just quit all this offshore crap, move to Canada and destroy proline with me...

                              Look at this line these morons are giving out...

                              Toronto Maple Leafs +1.5 [@1.68]
                              Pinny has this line +1.5 [@1.55]

                              Thats an 8.5% edge, AHHAHAHAH
                              Comment
                              • Masu485
                                SBR Hall of Famer
                                • 08-14-08
                                • 7700

                                #16
                                Originally posted by unit1884
                                You guys should just quit all this offshore crap, move to Canada and destroy proline with me...

                                Look at this line these morons are giving out...

                                Toronto Maple Leafs +1.5 [@1.68]
                                Pinny has this line +1.5 [@1.55]

                                Thats an 8.5% edge, AHHAHAHAH
                                i noticed it's the same in quebec with Mise O Jeu. but don't u have to parlay the games? here it's minimum 3 team parlay. how much is it for proline?
                                Comment
                                • Chi_archie
                                  SBR Aristocracy
                                  • 07-22-08
                                  • 63172

                                  #17
                                  Originally posted by Nicky Santoro
                                  you would still lose with 4 cents better.. you'd lose a lot less mind you.. so for the avg guy who goes broke after 6 months.. you would probably lose it all in 9 months.. but you'd eventually lose it.. 4 cents better on a 20 cent line is hardly anything.. and 4 cents on a 10 cent line is still a -ev bet for you


                                  ok, I just recall seeing a Justin vid a long time ago, where he said somthing like .02 or .04 cents swung the advantage to the bettor
                                  Comment
                                  • Nicky Santoro
                                    SBR Posting Legend
                                    • 04-08-08
                                    • 16103

                                    #18
                                    Originally posted by Chi_archie
                                    ok, I just recall seeing a Justin vid a long time ago, where he said somthing like .02 or .04 cents swung the advantage to the bettor
                                    i never saw the vid, but no way.. not possible to have the 2 to 4 cent line advantage and make money long term.. NO WAY..

                                    masu,

                                    lay off that mise o jeu.. 15 yrs ago it was beatable and our little group made a number on them when they had cubs 7.5 totals the day before and at game time, total was 15.5.. and we'd put 7.5 ov on 300 tickets and key it.. then they took out cubs games off the program and now got smarter and they take games off the board that are off by game time and pay only 4-1 on 3 teamers. stay away from this scam lottery.. it will take your money..
                                    Comment
                                    • element1286
                                      Restricted User
                                      • 02-25-08
                                      • 3370

                                      #19
                                      Originally posted by Chi_archie
                                      ok, I just recall seeing a Justin vid a long time ago, where he said somthing like .02 or .04 cents swung the advantage to the bettor
                                      If you beat the no-vig line by that much.
                                      Comment
                                      • TPowell
                                        SBR Posting Legend
                                        • 02-21-08
                                        • 18842

                                        #20
                                        thats why college basketball is my ATM card
                                        Comment
                                        • Chi_archie
                                          SBR Aristocracy
                                          • 07-22-08
                                          • 63172

                                          #21
                                          Originally posted by element1286
                                          If you beat the no-vig line by that much.
                                          you are right.... .02 on the no-vig price...




                                          talks about around the 6th min
                                          Comment
                                          • betplom
                                            SBR Posting Legend
                                            • 09-20-06
                                            • 13444

                                            #22
                                            This might be true for everyone here EXCEPT Donjuan and Durito, those guys kill the books.
                                            How do I know this? They said so themselves.





                                            Originally posted by Nicky Santoro
                                            not including college sports, props or halfs.. etc..


                                            If you bet every dog since 1995 in all 4 major sports..for 1k a game, you'd be down 2.8 million

                                            if you bet every fav since 1995 in all 4 major sports.. for 1k a game...you'd be down 3.1 million

                                            if you bet every under since 1995 in all 4 major sports.. for 1k a game, you'd be down 2.7 million

                                            if you bet every over since 1995 in all 4 major sports.. for 1k a game.. you'd be down 2.9 million


                                            makes you wonder.


                                            bottom line is every year in every major sport, the sides and totals hit very very close to 50% because the lines are sooo accurate. doesn't matter how much you know, it's still going to be 50%.. so if you are paying -110 or -105, you will get smoked, whether you want to believe it or not.. this is the truth..(btw, these lines are based on -110/-110) if you are laying -105, you'd just lose half this amount, which is still horrible.

                                            the ONLY way you have a chance at beating this game and not go broke, is if you shop shop shop for the best # and beat the closing line..

                                            Had you bet each game since 1995 at 12 cents better and 1 pt better than the closing line, instead of being down millions over 13 yrs, YOU'D BE UP MONEY.. every cent and point will make a world of difference.. if you're not beating the closing # consistently, you better walk before it's too late.. cause you will lose..

                                            JUST LIKE EVERY YEAR.. ALL THESE LINES WILL END UP RIGHT AROUND THE 50% MARK.. SO LAYING -110 OR -105 WILL MAKE YOU GO BROKE. Just like LT posted today.. hockey overs are 51.3% so far this year, which means that if you are betting every over, you'd be down money.. and if you are betting every under in NHL this year, you're getting slaughtered.. There is no way out of this.. UNLESS... you are beating the closing #.

                                            the key is to shop shop shop, cause these lines are sooooooooo accurate. doesn't matter how much you know.. cause the more you know, the less successful you will be.. No matter who's playing who... the spread makes it 50-50..
                                            Comment
                                            • Dark Horse
                                              SBR Posting Legend
                                              • 12-14-05
                                              • 13764

                                              #23
                                              You need two things:
                                              1) a real edge
                                              2) discipline

                                              If you don't have a real edge, you're paying those who do (including, obviously, the books). And if you don't have discipline, it doesn't matter if you have a real edge.

                                              The SBR crowd is much sharper than people may realize. The BTP contest had almost 30% of players who played the required 12 weeks at 55% ATS and higher... The 'cover-up' is this forum.
                                              Comment
                                              • WileOut
                                                SBR MVP
                                                • 02-04-07
                                                • 3844

                                                #24
                                                Originally posted by Nicky Santoro
                                                not including college sports, props or halfs.. etc..


                                                If you bet every dog since 1995 in all 4 major sports..for 1k a game, you'd be down 2.8 million

                                                if you bet every fav since 1995 in all 4 major sports.. for 1k a game...you'd be down 3.1 million

                                                if you bet every under since 1995 in all 4 major sports.. for 1k a game, you'd be down 2.7 million

                                                if you bet every over since 1995 in all 4 major sports.. for 1k a game.. you'd be down 2.9 million


                                                makes you wonder.


                                                bottom line is every year in every major sport, the sides and totals hit very very close to 50% because the lines are sooo accurate. doesn't matter how much you know, it's still going to be 50%.. so if you are paying -110 or -105, you will get smoked, whether you want to believe it or not.. this is the truth..(btw, these lines are based on -110/-110) if you are laying -105, you'd just lose half this amount, which is still horrible.

                                                the ONLY way you have a chance at beating this game and not go broke, is if you shop shop shop for the best # and beat the closing line..

                                                Had you bet each game since 1995 at 12 cents better and 1 pt better than the closing line, instead of being down millions over 13 yrs, YOU'D BE UP MONEY.. every cent and point will make a world of difference.. if you're not beating the closing # consistently, you better walk before it's too late.. cause you will lose..

                                                JUST LIKE EVERY YEAR.. ALL THESE LINES WILL END UP RIGHT AROUND THE 50% MARK.. SO LAYING -110 OR -105 WILL MAKE YOU GO BROKE. Just like LT posted today.. hockey overs are 51.3% so far this year, which means that if you are betting every over, you'd be down money.. and if you are betting every under in NHL this year, you're getting slaughtered.. There is no way out of this.. UNLESS... you are beating the closing #.

                                                the key is to shop shop shop, cause these lines are sooooooooo accurate. doesn't matter how much you know.. cause the more you know, the less successful you will be.. No matter who's playing who... the spread makes it 50-50..
                                                If you hit at 55% how much up would you be over that time betting 1000 a game and increasing as your bankroll grows? 57.5% how much up would you be betting 1000 a game and increasing? 60% how much up would you be?

                                                Let me put it this way. You would make Sabathia's new contract look like lunch money.

                                                Ah the gambler's dream.
                                                Comment
                                                • Chi_archie
                                                  SBR Aristocracy
                                                  • 07-22-08
                                                  • 63172

                                                  #25
                                                  60% C'MON we aren't living in a fantasy world here
                                                  Comment
                                                  • Nicky Santoro
                                                    SBR Posting Legend
                                                    • 04-08-08
                                                    • 16103

                                                    #26
                                                    Originally posted by WileOut
                                                    If you hit at 55% how much up would you be over that time betting 1000 a game and increasing as your bankroll grows? 57.5% how much up would you be betting 1000 a game and increasing? 60% how much up would you be?

                                                    Let me put it this way. You would make Sabathia's new contract look like lunch money.

                                                    Ah the gambler's dream.

                                                    i dont even want to attempt to add it up.. if you hit 55%, then raised your bets to 5k a game and hit 57.5% and then to 10k a game and hit 60% . even laying -110, you'd probably have more money than Donald Trump..
                                                    Comment
                                                    • bigboydan
                                                      SBR Aristocracy
                                                      • 08-10-05
                                                      • 55420

                                                      #27
                                                      Originally posted by Nicky Santoro
                                                      the ONLY way you have a chance at beating this game and not go broke, is if you shop shop shop for the best # and beat the closing line..
                                                      Even though Domino gave you such sound advice way back when. You have yet to thank him for it Mr.Nicky.
                                                      Comment
                                                      • Nicky Santoro
                                                        SBR Posting Legend
                                                        • 04-08-08
                                                        • 16103

                                                        #28
                                                        danny, i dont know what has happened to you the last month, you're just not the same guy.. i dont recognize you anymore.. every post you make now doesn't make sense.. i have no idea what you say anymore.. yesterday it was about me in another contest.. today it's about Fats Domino.. danny boy, i am starting to get worried about you.

                                                        danny boy, you are losing it, buddy..
                                                        Comment
                                                        • bigboydan
                                                          SBR Aristocracy
                                                          • 08-10-05
                                                          • 55420

                                                          #29
                                                          Originally posted by Nicky Santoro
                                                          danny, i dont know what has happened to you the last month, you're just not the same guy.. i dont recognize you anymore.. every post you make now doesn't make sense.. i have no idea what you say anymore.. yesterday it was about me in another contest.. today it's about Fats Domino.. danny boy, i am starting to get worried about you.

                                                          danny boy, you are losing it, buddy..
                                                          Don't play dumb Mr.Nicky, because you know exactly what Domino is. He's the big timer from Toronto who taught you everything you know about gambling. In fact I called him up yesterday and told him about what kinda crap you were pulling around here, and he was browsing your posts on the forum yesterday.
                                                          Comment
                                                          • SlickFazzer
                                                            SBR Posting Legend
                                                            • 05-22-08
                                                            • 20209

                                                            #30
                                                            Fats

                                                            Comment
                                                            • Nicky Santoro
                                                              SBR Posting Legend
                                                              • 04-08-08
                                                              • 16103

                                                              #31
                                                              danny, i dont know Fats Domino...never heard of him.

                                                              but i do know Minnesota Fats.. he is a great pool player. slicker being from minny might know him..
                                                              Comment
                                                              • bigboydan
                                                                SBR Aristocracy
                                                                • 08-10-05
                                                                • 55420

                                                                #32
                                                                Originally posted by Nicky Santoro
                                                                danny, i dont know Fats Domino...never heard of him.

                                                                but i do know Minnesota Fats.. he is a great pool player. slicker being from minny might know him..
                                                                Does this ring a bell Mr.Nicky. So don't even try and play dumb about you not knowing him.
                                                                Comment
                                                                • BadNina
                                                                  SBR Posting Legend
                                                                  • 11-27-07
                                                                  • 10491

                                                                  #33
                                                                  Nicky, I think Danny means CrazyLou who loves Domino's pizza.
                                                                  Comment
                                                                  • SlickFazzer
                                                                    SBR Posting Legend
                                                                    • 05-22-08
                                                                    • 20209

                                                                    #34
                                                                    Originally posted by Nicky Santoro
                                                                    danny, i dont know Fats Domino...never heard of him.

                                                                    but i do know Minnesota Fats.. he is a great pool player. slicker being from minny might know him..
                                                                    Yep. I tried to find a youtube of him, but there is not much out there. Ol Minnesota Fats would light up anyone at the pool table.
                                                                    Comment
                                                                    • bigboydan
                                                                      SBR Aristocracy
                                                                      • 08-10-05
                                                                      • 55420

                                                                      #35
                                                                      Originally posted by BadNina
                                                                      Nicky, I think Danny means CrazyLou who loves Domino's pizza.
                                                                      Not hardly Nina. Mr.Nicky knows exactly who I'm talking about and don't let him convince you any differently. In fact I'll try and get Domino (Aka Mr.Big Time From Toronto) to post later tonight.
                                                                      Comment
                                                                      Search
                                                                      Collapse
                                                                      SBR Contests
                                                                      Collapse
                                                                      Top-Rated US Sportsbooks
                                                                      Collapse
                                                                      Working...