How Do You Handle Big Loses??

[kevin101]

The funny thing is that I have gambled for the better part of 25 years.....billiards, golf, sports, fantasy sports, darts, tennis....just about anything and everything. I was one of the first guys to ship money off to the books down in the Caribbean in the early 90's, I worked with local books and played our government 'rape them in the ass' super parlay lotteries....
D2D

Yea those fhking Sports Action are fhking bull sheit.

[Unwritten Law]

I know it's hard to swallow after the big game and losing big. It stings even more when all you hear/see/read about it the next day...or week, and that's not including people talking about it whether at work, school, public area, etc.

It's tough especially when there's no "MNF Bail out" game the next day. I'm sure we have all been there and done it.

But to cope and deal with these issues? Some people find that quitting is the best solution but I know it's easier said than done.

Personally, I know of a couple friends who got involved early in their 20's and quit within a couple years after losing a lot. Since, they haven't made any wagers besides placing bets ONLY on Vegas trips for shit and giggles...meaning like $20-$50 bets total.

Good luck, hope things work out.

[jjgold]

Good posts here, I guess the whole key is not to bet more than you can afford to lose. When will I learn?? Its probably best to wager $50 a game and not worry and watch porn all night and browse sex chat lines. Thanks men

[Seto]

Good posts here, I guess the whole key is not to bet more than you can afford to lose. When will I learn?? Its probably best to wager $50 a game and not worry and watch porn all night and browse sex chat lines. Thanks men

Just don't bet on credit. Even if I suddenly went on some mad rampage and emptied all my sportsbook accounts at least even though I'd lose everything I wouldn't owe anyone anything on top of it.

[jjgold]

SETO good point

Working on some things as we speak to work it all out

[Mitchell88]

Good posts here, I guess the whole key is not to bet more than you can afford to lose. When will I learn?? Its probably best to wager $50 a game and not worry and watch porn all night and browse sex chat lines. Thanks men

is the big bets that give you the rush JJ, that's what you want the rush

[Big Bear]

Good posts here, I guess the whole key is not to bet more than you can afford to lose. When will I learn?? Its probably best to wager $50 a game and not worry and watch porn all night and browse sex chat lines. Thanks men

$50 is enough to give you a fist pump when you cash right?

[Big Bear]

The funny thing is that I have gambled for the better part of 25 years.....billiards, golf, sports, fantasy sports, darts, tennis....just about anything and everything. I was one of the first guys to ship money off to the books down in the Caribbean in the early 90's, I worked with local books and played our government 'rape them in the ass' super parlay lotteries....PLUS I played a TON of poker, both live and online.

It took me until one year ago.....to stop going to bed angry, upset, firing darts in the dark in something I didn't know about, etc. That means I was 40.....

Now, why did I change? I guess part of it is age.....part of it may be that I have just gambled so much that I have become immune or that I accept it.....but frankly, and you may all think I am crazy, but I believe that SBR has made me a better bettor.

I have posted 2200 plays on SBR in the past 12 months.....all prior to game time and all tracked. Doing this, while VERY hard on the bad days, keeps me HONEST with myself.....which is soooo damn hard to do for the average gambler. I never bet outside of myself, and if I start to feel tilty I take a step back because I don't want people to think I am an idiot. I have only not posted 4 plays on the board in this whole time.....and those 4 were all bigger, tilty bets.....but I figure over that time frame.....I can consider it a victory.

I know a lot of people do not want to know how they do.....so that they can hide their issues from themselves.....but if you ever want to become an all-round better gambler and somebody that has more control....I suggest starting a thread and tracking all of your picks. Like I said....2200 wagers and counting, and I cannot tell you how much it has helped me. It will be hard....let me tell you, it is sooo hard to login the day after you get your ass kicked....but there is a certain type of power that it gives up too.....a power over your fears, a power over what used to make me feel weak.

Honesty is the best policy guys.

D2D

good post. I plan to do a tracking thread for MLB this year i'm trying to figure out how much i should bet a game... maybe $20 or maybe $50

[jjgold]

You have to track so you know your loses

It could change the way you wager

[ROFLcopter]

Easy. I follow them up with big wins.

[str]

$50 is enough to give you a fist pump when you cash right?

Your mindset should be, IMO, that beating the sport is the fist pump you are looking for, not a high enough amount that if you lose it hurts.

A monetary amount should have nothing to do with trying to make a profit at a particular sport. Not until you have proved on paper that you have done so.

Make each sport it's own separate entity.

Learning to beat the game, or trying as hard as you can to do so, is the chase that does not lead you to broke. Once you feel you have mastered an edge, raise your amount if you care too and see where it takes you. Of course, you must stay with the exact strategy that you used to get you to the point of wanting to raise the amount.

Keeping a log of EVERY play is key. Without it, you are only fooling yourself.

If you work on beating the sport, it will stay fun and you will stay disciplined .

Work on getting even or chasing within the figure, and you will get crushed over time.

I have been doing this a long time and that is the best advise I can give you.

Hope it helps.

[unluckysob]

still mad as penetrate about losing SB under 49, $500. bet that should have won----I get very mad when I bet the right side and still lose.

[jjgold]

STR great post

Get a good spreadsheet

[Big Bear]

Your mindset should be, IMO, that beating the sport is the fist pump you are looking for, not a high enough amount that if you lose it hurts.

A monetary amount should have nothing to do with trying to make a profit at a particular sport. Not until you have proved on paper that you have done so.

Make each sport it's own separate entity.

Learning to beat the game, or trying as hard as you can to do so, is the chase that does not lead you to broke. Once you feel you have mastered an edge, raise your amount if you care too and see where it takes you. Of course, you must stay with the exact strategy that you used to get you to the point of wanting to raise the amount.

Keeping a log of EVERY play is key. Without it, you are only fooling yourself.

If you work on beating the sport, it will stay fun and you will stay disciplined .

Work on getting even or chasing within the figure, and you will get crushed over time.

I have been doing this a long time and that is the best advise I can give you.

Hope it helps.

very good advice. I will try that.

I've always been a sucker for parlays.

This MLB season i plan to track all plays and bet 95% single bets only maybe a parlay once a month...

But if i were to bet $5 i wouldnt even put enough effort into it.

I think i will bet at a higher volume this year maybe between 1-5 plays a day do bets between $20-$50 mostly until i build up a big enough bankroll to justify bigger bets. I know MLB is a long season and i dont want to go broke in the 1st couple months.

[zacher]

Quaaludes…more specifically a Lemmon 714 will do it

[StackinGreen]

anyone who doesn't get mad is not normal.

learning not to chase is something that comes with time if at all. we all learn the hard way.

this

[betfaves]

i never bet more than $25 a play.

[Hot Jerry]

Just don't tell anyone - LOL

[marcoloco]

no money for hookers... now gotta jerk off

[jjgold]

Going to try and not chase this year once out of the hole

It's hard to do though

I get incredible urges to get money back