Any long term winners here who does this for a big chunk of their income?
whats your money management? And how much ROI do you aim to make?
mackave
SBR MVP
03-22-14
4971
#2
Jj where are you.
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TheMoneyShot
BARRELED IN @ SBR!
02-14-07
28672
#3
iceman you're looking for a guy named lakerboy
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GunShard
SBR Posting Legend
03-05-10
10031
#4
Bet less than 5% of your total bankroll at all times.
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KRIT
SBR Posting Legend
01-11-14
12878
#5
Long term winner, but not a big chunk of my income.
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newguy
SBR Hall of Famer
12-27-09
6100
#6
Originally posted by iceman02
Any long term winners here who does this for a big chunk of their income?
whats your money management? And how much ROI do you aim to make?
You are in the right place. People who bet big, and consistently win are always checking threads in players talk on SBR.
Seaweed, lakerboy - check in here - give the man some advice. If you get the right roll - look into VIP Sports - ask for Steve Stevens - notoriously hits 70% undocumented blowout winners.
In all seriousness - look through sub forums - each sport has a few that do alright but obviously long-term there are only a handful in the world that bet sports as their main source of income and win. I am not one of them - this is all fun money for me. Football is only sport I really know well enough that I am not just throwing darts - and there I bet my 5 strongest plays a week for the same amount trying to go at least 3-2 every week. Others will say they have better money management than that but that way i don't get into an issue where I am trying to rank games against each other and making some 3 units, some 1. I bet an amount that if I pick up a unit I can enjoy some things with it, but if I go 0-5 and lose 5.5 units I am not wiped out. Thats my money management and weekly ROI data points for you.
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iceman02
SBR Wise Guy
03-05-12
736
#7
Originally posted by KRIT
Long term winner, but not a big chunk of my income.
What money management do you use?
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Big Bear
SBR Aristocracy
11-01-11
43253
#8
Originally posted by iceman02
Any long term winners here who does this for a big chunk of their income?
whats your money management? And how much ROI do you aim to make?
see the poster "LT Profits" you will see him around.
He can point you in the right direction. His user name stands for
"Long Term Profits" let him show you the ropes.
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jjgold
SBR Aristocracy
07-20-05
388179
#9
I doubt it
maybe if somebody hit a big parlay might make them ling term winner
doing this daily juice will chew you alive
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Jayvegas420
BARRELED IN @ SBR!
03-09-11
28213
#10
Originally posted by Big Bear
see the poster "LT Profits" you will see him around.
He can point you in the right direction. His user name stands for
"Long Term Profits" let him show you the ropes.
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downsouth
SBR Posting Legend
01-13-11
11580
#11
Originally posted by Big Bear
see the poster "LT Profits" you will see him around.
He can point you in the right direction. His user name stands for
"Long Term Profits" let him show you the ropes.
Im going to assume sarcasm. Don't follow him but isnt he basically down across the board in most sports and down substantially overall over his last 2 years or so.
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jjgold
SBR Aristocracy
07-20-05
388179
#12
very few track here and if they did you would see something very similar to this
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KRIT
SBR Posting Legend
01-11-14
12878
#13
Originally posted by iceman02
What money management do you use?
Mine isn't technically correct but it works for me. I break my plays into units. Most my plays are around 1-3u with the occasional big play around 5-10u. 1u = 2% of my bankroll. Technically 1u is suppose to equal 1% of your bankroll but right now my BR isn't what it used to be. Hope this answered your question.
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jjgold
SBR Aristocracy
07-20-05
388179
#14
The few winners there are are mainly hedge and scalp players
Very low risk and slow rate of return but they do win
Those clowns betting one side 90% of the time get destroyed
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BIGDAY
SBR Aristocracy
02-17-10
48245
#15
Opie1988
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jjgold
SBR Aristocracy
07-20-05
388179
#16
Opie is a big loser
Guy bets his favorite teams
Bigday your getting smashed too, I love when you get buried
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Jayvegas420
BARRELED IN @ SBR!
03-09-11
28213
#17
Jj'$ off his meds again
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iceman02
SBR Wise Guy
03-05-12
736
#18
Guys whats you opinion on using different units on different quality of games?
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RGG
SBR MVP
09-11-11
1045
#19
Just go to the craps table. You'll have more fun with your $.
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JMobile
SBR Posting Legend
08-21-10
19074
#20
GoatMilk has air management
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Bostongambler
BARRELED IN @ SBR!
02-01-08
35581
#21
That Bostongambler guy is spot on.
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darkhat
SBR Hall of Famer
08-18-10
5722
#22
quangx
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manny24
SBR Posting Legend
10-22-07
20046
#23
Illini's set
ApricotSports
DaddyDayCare.Net for NBA
Seaweed/Brent "it's not about winning and losing we just try to do a little better every day"
Newguey
Killer D
Boeing Powder
Firedawg before he went tout
CanuckG/Aviator/Jessica
SamsNcharge
Bibby
HotJerry's Heroes to the Moon.Org
MLDawger
new guy Keith Hi
Biter
Paver
BigTymer/Carper
Bear/Creature
Rocket's ghost
almost everyone except NYSportsGuy210 Deuce BBD and BeantownJim
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Coach Potato
SBR MVP
08-31-11
4303
#24
no everyone here Is a loser
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RealSlimShady
SBR Hall of Famer
12-24-07
6249
#25
Originally posted by darkhat
quangx
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darkhat
SBR Hall of Famer
08-18-10
5722
#26
Originally posted by RealSlimShady
Lol
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TwoWays
SBR Posting Legend
03-24-10
13145
#27
Originally posted by TheMoneyShot
iceman you're looking for a guy named lakerboy
Lakerboy is twizzle
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Seto
SBR Posting Legend
12-16-11
12906
#28
Well as far as being up lifetime yeah I am.
I'm still working on my game though - I typically have 1 day every year where I go nuts and do something stupid and lose a lot of money, hopefully that doesn't happen again next year.
All the money management gurus on this site are annoying after a while. They claim that most sportsbettors go broke because they have no discipline, not because they don't know the game. I somewhat agree but I feel this has been drummed into people to such an extent because they've seen family members, friends go broke, heard stories, read books about going broke... that it has become the only key to success in their mind. It's just too much. I mean yeah it's important but if you want to actually make money in this game actually KNOW THE GAME. That entails watching hours and hours of sport day after day, week after week, month after month... Which a lot of people don't do because they can't (work commitments) or don't want to (social commitments, not actually liking sports that much). That's also a major reason why people lose. Now of course I do realise chasing is a major issue too not trying to diminish it. I know first hand.
Of course some people have other methods and claim they never watch sports and have their models spit out plays and bet them and they win that way. Good for them I guess. Not my way of doing things but having never tried I can't say whether it works or not. I am perfectly aware gambling is a numbers game in some ways and am perfectly at ease with numbers in general I just don't use them much for gambling, I prefer to use my feel for the sport I'm betting.
When you need to go big you need to go big too. I'm not talking all in big obviously, but you have to size your plays in my mind, I don't believe in flatbetting at all. Now if you want to do this you actually need a reason and only if you actually know the game will you know when to go big and when not to. It's also important not to fear losing. If you've already experienced enough disappointments as a gambler, you will be able to get over that hump.
In a sense being a guy who mostly goes with his feel that makes sense - a feel you have for a particular game can be strong, weak, GOY, whatever... If you just have a model spitting out plays to you, you're fine flatbetting and aren't going to sit there watching the play you had a huge feel for win by 35 as an underdog and think "This was the easiest game ever why didn't I pound it?". To each his own I guess.