A Good Gambler Forgets His Loses Previous Days

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  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #1
    A Good Gambler Forgets His Loses Previous Days
  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #2
    jj

    did you wake-up with this gem ?
    Comment
    • juicername
      SBR Hall of Famer
      • 10-14-15
      • 6906

      #3
      This posting bot needs some fine tuning.
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #4
        Yes...say your lost 10 straight days it should not impact day 11 betting
        Comment
        • hawk 5
          SBR MVP
          • 09-12-06
          • 3982

          #5
          Originally posted by jjgold
          Yes...say your lost 10 straight days it should not impact day 11 betting
          You've lost 10 straight days? It should impact u. U shouild not gamble.
          Comment
          • slayer14
            SBR Posting Legend
            • 08-12-13
            • 22022

            #6
            Is this really jj or someone working in the sbr office
            Comment
            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388179

              #7
              What happens say your down $880 for week with one day remaining most guys start betting $300 on final day when their initial bet sizes were $50-$100 all week

              Theme of thread .....every betting day is a new one

              Do not live in the past


              Nick Lenisoione
              SBR
              Comment
              • shooterman
                SBR Sharp
                • 08-19-08
                • 443

                #8
                No ya muppet, it is "a good gambler studies his losses"!
                Comment
                • Sam Odom
                  SBR Aristocracy
                  • 10-30-05
                  • 58063

                  #9
                  hard to deal with the neg emotions from a losing streak
                  Comment
                  • milwaukee mike
                    BARRELED IN @ SBR!
                    • 08-22-07
                    • 26914

                    #10
                    if someone is too dumb to know the difference between loses and losses, then they shouldn't be gambling

                    probably applies to 98% of the sbr community
                    Comment
                    • Mackballs
                      SBR Hall of Famer
                      • 12-01-16
                      • 5810

                      #11
                      I had an 11 day losing streak back in April and also an 0-10 night a couple weeks ago. I now bet $15-$25 a game.
                      Comment
                      • Sam Losco
                        SBR MVP
                        • 12-03-16
                        • 3858

                        #12
                        Originally posted by Mackballs
                        I had an 11 day losing streak back in April and also an 0-10 night a couple weeks ago. I now bet $15-$25 a game.
                        the only probably with betting 20 a game is you never actually win anything. i tried that but i got really impatient... upped my bet size and it only took 2 or 3 straight losses to put me out because i didnt have much in my account. $50 is a good size where it wouldnt hurt to lose but stillcan make some progress
                        Comment
                        • GzaTheGenius
                          SBR MVP
                          • 02-12-13
                          • 4181

                          #13
                          Originally posted by jjgold
                          Yes...say your lost 10 straight days it should not impact day 11 betting
                          Should probably quit if this is the case
                          Comment
                          • Sam Odom
                            SBR Aristocracy
                            • 10-30-05
                            • 58063

                            #14
                            not joking

                            sometimes it's best to save up for month or 3 or 4

                            send all the $$$ off as bitcoins to Nitro

                            all-in on one bet... win , take money out same day

                            lose , start over
                            Comment
                            • vividjohn45
                              SBR Hall of Famer
                              • 11-21-10
                              • 6331

                              #15
                              Originally posted by jjgold
                              Yes...say your lost 10 straight days it should not impact day 11 betting
                              No. Becuz you are out of money.
                              Comment
                              • vividjohn45
                                SBR Hall of Famer
                                • 11-21-10
                                • 6331

                                #16
                                Originally posted by Sam Odom
                                not joking

                                sometimes it's best to save up for month or 3 or 4

                                send all the $$$ off as bitcoins to Nitro

                                all-in on one bet... win , take money out same day

                                lose , start over
                                Just dont bet the cavs, sammy
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388179

                                  #17
                                  All I do is teach here
                                  Comment
                                  • Philmill
                                    SBR MVP
                                    • 09-30-11
                                    • 4275

                                    #18
                                    Good thread JJ

                                    Learn how to loose makes a better playa

                                    always have a backup plan when a play doesnt turn out a winner.....
                                    Comment
                                    • Sam Odom
                                      SBR Aristocracy
                                      • 10-30-05
                                      • 58063

                                      #19
                                      JJ

                                      do you sometimes feel good after a big loss ?
                                      Comment
                                      • steady hustlin
                                        SBR Wise Guy
                                        • 05-24-07
                                        • 687

                                        #20
                                        Sam you actually have a good point. Playing every day is worse for most.
                                        Comment
                                        • jjgold
                                          SBR Aristocracy
                                          • 07-20-05
                                          • 388179

                                          #21
                                          Sam I got to make a video about that thanks for reminding me
                                          Comment
                                          • Sam Odom
                                            SBR Aristocracy
                                            • 10-30-05
                                            • 58063

                                            #22
                                            Originally posted by Sam Odom

                                            not joking

                                            sometimes it's best to save up for month or 3 or 4

                                            send all the $$$ off as bitcoins to Nitro

                                            all-in on one bet... win , take money out same day

                                            lose , start over
                                            Originally posted by steady hustlin

                                            Sam you actually have a good point. Playing every day is worse for most.

                                            every regular here at SBR know if they can grind of not... few can successfully
                                            Comment
                                            • jjgold
                                              SBR Aristocracy
                                              • 07-20-05
                                              • 388179

                                              #23
                                              Can you withdraw from Nitro daily and no fees?
                                              Comment
                                              • Sam Odom
                                                SBR Aristocracy
                                                • 10-30-05
                                                • 58063

                                                #24
                                                Originally posted by jjgold

                                                Can you withdraw from Nitro daily and no fees?

                                                yes

                                                they want just one sports bet before asking for w/d
                                                Comment
                                                • jjgold
                                                  SBR Aristocracy
                                                  • 07-20-05
                                                  • 388179

                                                  #25
                                                  Thanks Sammy

                                                  How fast do they hit wallet
                                                  Comment
                                                  • sweethook
                                                    SBR Posting Legend
                                                    • 11-21-07
                                                    • 12667

                                                    #26
                                                    Originally posted by jjgold
                                                    Yes...say your lost 10 straight days it should not impact day 11 betting
                                                    this . . . 100%
                                                    Comment
                                                    • GunShard
                                                      SBR Posting Legend
                                                      • 03-05-10
                                                      • 10031

                                                      #27
                                                      A Good gambler learns from his mistakes and improves on the next bet.
                                                      Comment
                                                      • KVB
                                                        SBR Aristocracy
                                                        • 05-29-14
                                                        • 74817

                                                        #28
                                                        Gunshard makes a good point here.

                                                        Sometimes there isn't a mistake, it's just a loss; but often times there is a mistake and finding it and learning from it is important.

                                                        Comment
                                                        • unluckysob
                                                          SBR MVP
                                                          • 05-21-08
                                                          • 1527

                                                          #29
                                                          Originally posted by jjgold
                                                          what happens say your down $880 for week with one day remaining most guys start betting $300 on final day when their initial bet sizes were $50-$100 all week

                                                          theme of thread .....every betting day is a new one

                                                          do not live in the past

                                                          nick lenisoione
                                                          sbr
                                                          i agree.
                                                          Comment
                                                          • darrell74
                                                            SBR Posting Legend
                                                            • 04-16-07
                                                            • 14648

                                                            #30
                                                            a good gambler knows why he was stupid to lose, and moves on
                                                            Comment
                                                            • jjgold
                                                              SBR Aristocracy
                                                              • 07-20-05
                                                              • 388179

                                                              #31
                                                              I shook off this weeks loses and ready for today
                                                              Comment
                                                              • teaserpleaser
                                                                BARRELED IN @ SBR!
                                                                • 08-14-08
                                                                • 26015

                                                                #32
                                                                Jj works for the books
                                                                Comment
                                                                • Sam Odom
                                                                  SBR Aristocracy
                                                                  • 10-30-05
                                                                  • 58063

                                                                  #33
                                                                  Originally posted by teaserpleaser

                                                                  Jj works for the books

                                                                  been hearing that ^ for years
                                                                  Comment
                                                                  • KVB
                                                                    SBR Aristocracy
                                                                    • 05-29-14
                                                                    • 74817

                                                                    #34
                                                                    Originally posted by KVB
                                                                    This brings up another good teaching point for beginners and even those veterans who can get to a 55% to 60% win rate. Very few bettors realize that nearly 95% of the time you can expect to be behind. With proper money management your expectation is still to see new highs in account value only 5% of the time.

                                                                    This is the reality of the mathematics of the situation. But this lesson is more psychological. If you know that this condition exits then you can better cope with it, not chase losses, and not constantly feel like you are behind and have to “make a move” to get caught up simply because your roll is less than its highest point.

                                                                    Eliminate the psychological need to catch up and you are bound to make better decisions moving forward. This thinking may not add a winning play to your day, but it sure as hell may take you off of a losing play.

                                                                    In sports betting, a penny saved in this fashion is most certainly a penny earned...
                                                                    Comment
                                                                    • jjgold
                                                                      SBR Aristocracy
                                                                      • 07-20-05
                                                                      • 388179

                                                                      #35
                                                                      kvb YOUR A BRIGHT GUY
                                                                      Comment
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