Any form of gambling
Little guys get chewed alive
cannot withstand losing streaks
gaming 102
Little guys get chewed alive
cannot withstand losing streaks
gaming 102
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That's why pounding winners is so important.
Builds the bankroll.Comment -
I hope this is true coach, my 50k roll is depleted badly but I can't make myself stop.Comment -
Coming from a guy who started with 5 bills last week. I did see you went flawless recently though. Nice 1 Gold! Make it last.Comment -
1.5% is 1.5%
Bad info here coachComment -
If I had 50k I WIN
Let's not kid ourselvesComment -
u lost 50k last year.
lolComment -
JJ , you UP or DOWN last 5 yrs ?
Give us a numberComment -
hogwash. if you can't turn 100 into 1000 in 1-2 months
you shouldn't be betting sports. know your enemies.
they have names like:
-laziness (not doing enough research before making a bet)
-chasing (inability to accept a losing day)
-impatience (betting whatever's on the card)
-lack of structure (bad arrangements of wagers)
if you can't make money with 50 bucks you can't make it with 50 grand.
so stay small until you know what you're doing.Comment -
Snowball been around the block a time or twoComment -
I am afraid for coach. I think someone kidnapped him and SBR is covering it up ..Comment -
The Las Vegas trip fukked his mind ... not the sameComment -
A medium bankroll is actually the best with a big bankroll you run into limits say you want to bet 5k on a game you might only be able to get 500-2000 down at the best number and have to bet a bad number for the rest. Small bankroll you get bad numbers also because not many outs or not worth it for a $100 bet to travel or lineshop a lot.Comment -
can get back $50K with just on nice run... No problemComment -
But don't you post screen shots of your sbr betting acount where you risked 250k and lost.
if you were good enough to win with 50, you'd have 50, follow?
dont dilute yourself into thinking the only thing stopping you from winnng is money.
your roll is pitiful because you suck and this is hard, no other reasons.Comment -
Odom’s right, if the money is well managed, the bankroll size doesn’t matter. I think JJ knows this too.
There are certain strategies, however, that you can apply to the enormous NCAA Hoops and NCAA Football markets that would require deeper pockets. And I’m not talking about chasing...I’m talking about the sheer size of the markets and crazy number of options.Comment -
If I were a stone degen there is no doubt I would have had crazy sick runs, but I'm kind of a nit.
if I were going to give jjgold advice. I'd say, quit posting here. Quit doing everything you're doing right now.
Here are some steps.
1. Watch games
2. Learn what teams do well and what they don't
3. Have an opinion on who should win and by how many using what we know they do well and what they struggle with.
4. Be right
5. Profit
You can win doing that alone. You don't need to originate (make your own lines). Some people instinctively know what's fair.
I know what I'm talkin about, I assure you. This is my 4th year betting football, I've won every season.
And quit with this "sharp bettor" shit of betting a bunch of games at varying bet sizes. You don't know what your edge is, youre flipping coins. I say, bet fewer games for more money. I've only bet 550 games in 3 years and a week, but I've risked 1.3 million and raked back almost 250k profit.
do what I say and you'll likely be better. Or maybe you won't. you need to be able to see the games the right way and have some instincts.
heres some bank roll advice. If I start the season risking 20k. I'll bet 1100 on everything I like. If I start losing, I would NEVER bet less if I lost most of it. Because you are limiting yourself when things even out.
As the season progresses and you increase your roll, obv bet more, but betting less to preserve life is stupid. If you lose the 20, grab another 20. If you don't have 20, question everything.Comment -
Here's a post from me earlier, I think it applies.
[QUOTE=KVB;22539715]
...At 11-3 or 12-2 it’s easy to see many bettors increasing their wagers. A nasty stretch comes and look at what happens to them…at 50-50 they are down much more than the vigorish paid. Many bankrolls have fallen to this folly.
The reverse can also be true. A losing streak hits so bettors pull back and bet less. When the win streak comes, they don’t get what they deserve. In this case, it could be better to make less plays, as opposed to betting less per play.
Simply put, and I’ve posted something like this before, jiggling bet size will change the breakeven point, and usually not for the better.
[/QUOTE]
Most bettors go broke not because they can’t pick winners, but because of money management. For the most part, Scumbag is right about betting different amounts because of a perceived edge, but if you listen to his advice about betting more when you bankroll has grown, you’d better know how and when to determine your next bet size, because when you bet more, your breakeven point goes up.
To use his words, except for winners, things will even out.
Even long term winning bettors allow this behavior to eat into their profits, often without knowing it.
If you are winning over the long term, you must change your bet size as seldom as possible to prevent the cost of progressive betting. For example, if you start with 20K, by the time you reach about 100K, you should have increased your bet amount no more than about 5 times.
This assumes your flat betting a percentage of a STARTING bankroll. If you are betting a flat, say 5.5% of a CURRENT bankroll, you are changing your bet size every bet and drastically increasing your breakeven point. Even with today’s low vig books.
Bet enough to make your return worth the investment of time and money, but don’t bet so much that you risk going broke. Everyone has a different spot here, but the effects of changing your bet apply universally.
Calling winners is not enough, proper money management is essential. With knowledge of why it’s essential, losing bettors can become winners and winning bettors can increase their return. This not just math, knowledge influences behavior… this is psychology.
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I would say yes it is all relative just saying that bigger is not always going to be better it is going to get harder to get your bets down if the bankroll gets too big. Though depends more on how big you bet if you have 50k and are trying to bet 2k or so that still will slow you down sometimes you can't take as much of an advantage of promos, bonuses, and good numbers as a $500 bettor. If you have 50k you can make a good chunk off of bonuses, props live bets, and soft lines from small time books. But if you have 500k you are going to have to make big bets and being able to beat efficient numbers to have good results which is very hard.Comment
