Why Most Sports Gamblers Lose

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  • GunShard
    SBR Posting Legend
    • 03-05-10
    • 10031

    #1
    Why Most Sports Gamblers Lose
  • Domestic
    SBR Hall of Famer
    • 02-10-09
    • 6323

    #2
    Money management coupled with betting too many games is basically the tl;dr of the article. Could not agree more, betting responsible unit sizes and limiting your bets are the best insurance against getting buried. You won't magically become a long term winner with good money management but you will at least limit your losses. Wish I had taken this advice to heart when I first heard it many years ago.
    Comment
    • sweep
      SBR Posting Legend
      • 10-09-10
      • 16753

      #3
      something tells me Allen Moody is a lifetime loser
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #4
        Betting too many games is a major major culprit

        And of course chasing and betting way more than you can afford to lose

        I am still a big believer of betting the same amount on every game but most of us do not gamble to win we gamble for action
        Comment
        • Ratpack
          SBR MVP
          • 02-15-12
          • 4133

          #5
          Well the problem with money management is that we all are in such a whole we keep telling ourselves the bigger the bet the bigger the win and the closer we all are to getting even. But when you keep betting like that you will lose eventually we all know this but we like the thrill cause it's the GREATEST adrenaline in the world to have your whole bankroll on a game.
          Comment
          • jjgold
            SBR Aristocracy
            • 07-20-05
            • 388179

            #6
            If you have the urge to get money back you have lost you have no shot as you will end up Dead broke.

            We all have that urge from time to time but you cannot act on it

            Also any serious gambler or stock trader keeps accurate spreadsheets in excel knowing exactly how much money you're winning or losing and what type of success you're having an different categories
            Comment
            • Darkside Magick
              SBR Posting Legend
              • 05-28-10
              • 12638

              #7
              Garbage article!!......the reason why most sports gamblers lose is because they are not picking winners!...don't make this too hard

              How do you have money management When you pick losers..shyt don't make sense!
              Comment
              • rkelly110
                BARRELED IN @ SBR!
                • 10-05-09
                • 39691

                #8
                I agree with everything in the article except knowledge in sports betting. The books have done all of that
                for you. They have experts who know how to set lines and odds. If a key player is out, it's built into the odds.
                What they don't know, is what team is going to show up, from that, they take their juice.(and your money if
                you are on the wrong side)

                The article doesn't state about having a plan either. Having a game plan and money management is key to success
                no matter the venue. From your own personal life to the casino.

                If you have no respect for money in your everyday life, guaranteed you will lose in sports betting.

                Keeping detailed records of your bets and win loss records keeps you on top of your game also.

                IDK if this is still available on line, but this system "smart money law" has helped my ROI greatly.
                Comment
                • jjgold
                  SBR Aristocracy
                  • 07-20-05
                  • 388179

                  #9
                  Always remember the most successful gamblers know nothing about sports they use sophisticated math models only
                  Comment
                  • tony_come
                    SBR Posting Legend
                    • 03-31-10
                    • 21695

                    #10
                    Successful gamblers are gay
                    Comment
                    • Smoke
                      SBR Aristocracy
                      • 10-09-09
                      • 48111

                      #11
                      Successful gamblers are homeless
                      Comment
                      • tony_come
                        SBR Posting Legend
                        • 03-31-10
                        • 21695

                        #12
                        Smokiest you gay bro?
                        Comment
                        • Smoke
                          SBR Aristocracy
                          • 10-09-09
                          • 48111

                          #13
                          Toniest no

                          Toniest are you homeless?
                          Comment
                          • tony_come
                            SBR Posting Legend
                            • 03-31-10
                            • 21695

                            #14
                            Smokiest no

                            Smokiest gay ppl are successful gamblers
                            Comment
                            • Smoke
                              SBR Aristocracy
                              • 10-09-09
                              • 48111

                              #15
                              Toniest so are the homeless

                              Toniest they have nothing else to lose
                              Comment
                              • tony_come
                                SBR Posting Legend
                                • 03-31-10
                                • 21695

                                #16
                                If you're not gay

                                You're not winning
                                Comment
                                • Smoke
                                  SBR Aristocracy
                                  • 10-09-09
                                  • 48111

                                  #17
                                  Toniest not true
                                  Comment
                                  • tony_come
                                    SBR Posting Legend
                                    • 03-31-10
                                    • 21695

                                    #18
                                    Smokiest it's a fact
                                    Comment
                                    • tony_come
                                      SBR Posting Legend
                                      • 03-31-10
                                      • 21695

                                      #19
                                      Steve job was gay

                                      That's a fact
                                      Comment
                                      • stevenash
                                        Moderator
                                        • 01-17-11
                                        • 65646

                                        #20
                                        Originally posted by tony_come
                                        Steve job was gay

                                        That's a fact
                                        Could be true, but would you ride his rooster like a bronco for a couple of his millions.
                                        Comment
                                        • tony_come
                                          SBR Posting Legend
                                          • 03-31-10
                                          • 21695

                                          #21
                                          Jeff Lewis is gay

                                          Very successful
                                          Comment
                                          • tony_come
                                            SBR Posting Legend
                                            • 03-31-10
                                            • 21695

                                            #22
                                            Originally posted by stevenash
                                            Could be true, but would you ride his rooster like a bronco for a couple of his millions.
                                            He doesn't eat meat
                                            Comment
                                            • tony_come
                                              SBR Posting Legend
                                              • 03-31-10
                                              • 21695

                                              #23
                                              Answer: because he's not gay
                                              Comment
                                              • sweethook
                                                SBR Posting Legend
                                                • 11-21-07
                                                • 12667

                                                #24
                                                if you cant win two in a row , you cant win...
                                                Comment
                                                • GunShard
                                                  SBR Posting Legend
                                                  • 03-05-10
                                                  • 10031

                                                  #25
                                                  Everyone new to sports betting should be reading that article.
                                                  Comment
                                                  • JohnGalt2341
                                                    SBR Hall of Famer
                                                    • 12-31-09
                                                    • 9138

                                                    #26
                                                    Originally posted by rkelly110
                                                    I agree with everything in the article except knowledge in sports betting. The books have done all of that
                                                    for you. They have experts who know how to set lines and odds. If a key player is out, it's built into the odds.
                                                    What they don't know, is what team is going to show up, from that, they take their juice.(and your money if
                                                    you are on the wrong side)

                                                    The article doesn't state about having a plan either. Having a game plan and money management is key to success
                                                    no matter the venue. From your own personal life to the casino.

                                                    If you have no respect for money in your everyday life, guaranteed you will lose in sports betting.

                                                    Keeping detailed records of your bets and win loss records keeps you on top of your game also.

                                                    IDK if this is still available on line, but this system "smart money law" has helped my ROI greatly.
                                                    This. I'm not sure if any of you know who Clark Howard is but I've always thought that he would do very well at sports betting if he wanted to.
                                                    Comment
                                                    • jjgold
                                                      SBR Aristocracy
                                                      • 07-20-05
                                                      • 388179

                                                      #27
                                                      Comment
                                                      • Riceboi
                                                        SBR Wise Guy
                                                        • 10-03-11
                                                        • 857

                                                        #28
                                                        Stay away from totals (in ALL sports) and you will automatically increase your win rate. 100% serious.
                                                        Comment
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