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  • Shortstop
    BARRELED IN @ SBR!
    • 01-02-09
    • 27281

    #1
    Interested In Some Opinions Here...
    I've been sports betting for about 5 years now. I'll be honest, I'm down several thousand dollars since I started this horrible habit and addiction.

    I currently have a little over $5K in my Greek account. My account has never been this high. I have been on absolute fire lately. I laid $3K at -300 and won $1K on the Texas Longhorns tonight. Earlier I told myself I am finished and will cash out if Texas wins. I'm now having second thoughts.

    Should I cash out or keep riding this winning streak?
  • mathdotcom
    SBR Posting Legend
    • 03-24-08
    • 11689

    #2
    Cash out everything except a couple hundred bucks. Try to make it last as long as you can, but make it as hard as possible to re-fund your account so you can resist any temporary urges.

    Your counsellor,
    mathy
    Comment
    • Shortstop
      BARRELED IN @ SBR!
      • 01-02-09
      • 27281

      #3
      Originally posted by mathdotcom
      Cash out everything except a couple hundred bucks. Try to make it last as long as you can, but make it as hard as possible to re-fund your account so you can resist any temporary urges.

      Your counsellor,
      mathy

      Thanks Counselor!
      Comment
      • Kaps
        SBR MVP
        • 09-09-06
        • 3272

        #4
        i will tell you this ....you definetely need to stop betting -300 burn chalks

        its not a smart thing to do in the long run

        trust me
        Comment
        • jellobiafra
          SBR Hall of Famer
          • 03-08-09
          • 6291

          #5
          I wouldn't cash out.... are you kidding me?

          Shorty, in all seriousness, maybe it's not that you are just hot. I mean, sure ... you're probably on a hot streak. But maybe you have learned over the years how to avoid the pitfalls of your past. Maybe you can actually use what you've learned and be smarter this time around - successful. I'd look at it like a new beginning, fesh start whatever.... but this time with the knowledge you wish you'd had when you first started dumping money into this.

          Then again if you're betting 3/5ths of your roll on a single play...
          Comment
          • Shortstop
            BARRELED IN @ SBR!
            • 01-02-09
            • 27281

            #6
            Originally posted by Kaps
            i will tell you this ....you definetely need to stop betting -300 burn chalks

            its not a smart thing to do in the long run

            trust me
            I agree 100% Kaps. I just couldn't pass up Texas tonight at that price. Thankfully, it worked out.
            Comment
            • mathdotcom
              SBR Posting Legend
              • 03-24-08
              • 11689

              #7
              Comment
              • pavyracer
                SBR Aristocracy
                • 04-12-07
                • 82907

                #8
                Double up tomorrow on Magic -4 and you will have $10,000.
                Comment
                • paco
                  SBR Aristocracy
                  • 05-07-09
                  • 62873

                  #9
                  Nice hit bro
                  Comment
                  • Shortstop
                    BARRELED IN @ SBR!
                    • 01-02-09
                    • 27281

                    #10
                    Originally posted by mathdotcom

                    Not the Texas Rangers, the Texas Longhorns in College Baseball.
                    Comment
                    • mathdotcom
                      SBR Posting Legend
                      • 03-24-08
                      • 11689

                      #11
                      Originally posted by Shortstop
                      Not the Texas Rangers, the Texas Longhorns in College Baseball.


                      You come here asking for help and were just waiting for someone to encourage you to lose another handful of dimes.

                      Fukk I hate being a counsellor
                      Comment
                      • jellobiafra
                        SBR Hall of Famer
                        • 03-08-09
                        • 6291

                        #12
                        Originally posted by Shortstop
                        I agree 100% Kaps. I just couldn't pass up Texas tonight at that price. Thankfully, it worked out.
                        Nobody said you had to pass them up, but why 3/4ths of your roll?

                        Lucky man. I don't know what to tell you actually. We all know you aren't going to cash out. I mean, who the fvck are we kidding here? Nobody on this site is cashing out.... EVER.
                        Comment
                        • davidchong
                          SBR MVP
                          • 02-10-06
                          • 1806

                          #13
                          Round robin, pick 4 games to hit 2...... bingo for hit all, positive number hitting three games, two to get back 75% of invest... hit one or none, this is one of the unlucky days......
                          Comment
                          • dwaechte
                            SBR Hall of Famer
                            • 08-27-07
                            • 5481

                            #14
                            I like mathies advice.
                            Comment
                            • Shortstop
                              BARRELED IN @ SBR!
                              • 01-02-09
                              • 27281

                              #15
                              Originally posted by jellobiafra
                              Nobody said you had to pass them up, but why 3/4ths of your roll?

                              Lucky man. I don't know what to tell you actually. We all know you aren't going to cash out. I mean, who the fvck are we kidding here? Nobody on this site is cashing out.... EVER.

                              I'm a gambler and a risk-taker.
                              Comment
                              • Shortstop
                                BARRELED IN @ SBR!
                                • 01-02-09
                                • 27281

                                #16
                                Originally posted by paco
                                Nice hit bro

                                Thanks Buddy!
                                Comment
                                • RogueJuror
                                  SBR Posting Legend
                                  • 07-08-08
                                  • 10010

                                  #17
                                  keep playing

                                  Comment
                                  • Bread
                                    SBR Posting Legend
                                    • 03-16-08
                                    • 23726

                                    #18
                                    You don't need gambling advice...you need comedy advice.

                                    Really? wtf's avatar is the funniest thing you've seen in awhile??

                                    You need to cash out that money immediately and get out more.
                                    Comment
                                    • TheIntegrityKid
                                      SBR MVP
                                      • 06-08-09
                                      • 3063

                                      #19
                                      let me ask you, has the losses severely impacted ur quality of life or was this entertainment money?

                                      now, if the money can easily be written off, then keep playing and enjoy urself... just bet a hundred or so at a time instead of a thousand... that way you are having fun but not getting too crazy with it

                                      now, if you need the funds, or have a psychological hurt due to being down, then cash out all but a few hundred and start back up

                                      personally, i think you fall somewhere in between this and would suggest you cash about 60 percent of it out, go buy yourself something nice and after rewarding yourself-- take ur remaining funds and play with them how you like, but dont be so stressed about trying to recover losses and/or what you cashed out with.. the something nice you buy yourself should be your lil extra on top of all the entertainment you paid for

                                      lol that prob sounds a lil dr phil-ish, idk, but thats just my lil suggestion..


                                      Comment
                                      • TheIntegrityKid
                                        SBR MVP
                                        • 06-08-09
                                        • 3063

                                        #20
                                        or better yet, cash all but that 1k you won on texas...

                                        that 1k was ur continuation bonus...use that to either rally or fall


                                        Comment
                                        • Fishhead
                                          SBR Aristocracy
                                          • 08-11-05
                                          • 40179

                                          #21
                                          Originally posted by pavyracer
                                          Double up tomorrow on Magic -4 and you will have $10,000.
                                          Sage advice from a sound professional............


                                          GO FOR IT!
                                          Comment
                                          • Shortstop
                                            BARRELED IN @ SBR!
                                            • 01-02-09
                                            • 27281

                                            #22
                                            Just cashed out! Added another $300 with the Marlins winning tonight. I left $100 in my account.



                                            Comment
                                            • TheLock
                                              SBR Posting Legend
                                              • 04-06-08
                                              • 14427

                                              #23
                                              Originally posted by pavyracer
                                              Double up tomorrow on Magic -4 and you will have $10,000.


                                              I'm sorry but this post seriously made me laugh out loud.


                                              On a serious note, do what the one guy said, cash it all out except for about $500 and keep the streak alive using sound money management. Don't bet more than 3-5% of your roll on any given play.

                                              If you've lost thousands in a few years, you'll most likely lose the 5K you have in your account.


                                              Good luck sir


                                              edit: I just saw that you cashed out and left $100 in. I would have left 5 or 6 in but I'm glad you did what you did. Sounds like it may have been putting a damper on the quality of your life.
                                              Comment
                                              • Chi_archie
                                                SBR Aristocracy
                                                • 07-22-08
                                                • 63172

                                                #24
                                                Nice work shorty......


                                                you can still look forward to some nice pay outs in October, when our Marlins futures come to fruition
                                                Comment
                                                • minor threat
                                                  SBR Rookie
                                                  • 05-08-09
                                                  • 7

                                                  #25
                                                  You've got a decent roll in a book you know will pay you. Why cash out now, unless you intend to give up gambling forever. What's more, you seem to be doing pretty well. Take up a math approach to betting, bet $100-$200 bets, and watch the roll grow. That's really all there is to it. Don't chicken out now, and go and blow the money on something stupid.
                                                  Comment
                                                  • Shortstop
                                                    BARRELED IN @ SBR!
                                                    • 01-02-09
                                                    • 27281

                                                    #26
                                                    Thanks Arch!

                                                    What a sweet comeback by the Marlins tonight. Down 3-0 to Carpenter and scrapped and clawed their way back while their pitching held the Cards scoreless for the remainder. Hermida ends it in the bottom of the 9th with a bomb!

                                                    Sean West looks like he could become a new stud in the starting rotation also.
                                                    Comment
                                                    • Chi_archie
                                                      SBR Aristocracy
                                                      • 07-22-08
                                                      • 63172

                                                      #27
                                                      welcome to SBR Minor_threat..... use discretion in dispensing wisdom here in player's talk.... we don't do well with wisdom
                                                      Comment
                                                      • Shortstop
                                                        BARRELED IN @ SBR!
                                                        • 01-02-09
                                                        • 27281

                                                        #28
                                                        Originally posted by minor threat
                                                        You've got a decent roll in a book you know will pay you. Why cash out now, unless you intend to give up gambling forever. What's more, you seem to be doing pretty well. Take up a math approach to betting, bet $100-$200 bets, and watch the roll grow. That's really all there is to it. Don't chicken out now, and go and blow the money on something stupid.
                                                        As posted above, I already cashed out earlier tonight.

                                                        I kept $100 in my account. I knew when to walk away.


                                                        Comment
                                                        • cmerunoveru
                                                          SBR Hustler
                                                          • 06-09-09
                                                          • 74

                                                          #29
                                                          It is all about bankroll mgt, it is just like poker, when do u withdraw and what to do with the money, i found that if u don't set some sort of cap on ur bankroll as to when u withdraw u never will and over time lose all. Make small withdrawls over time and try to keep ur bankroll going forward. good luck hope thathelps some.
                                                          Comment
                                                          • TheIntegrityKid
                                                            SBR MVP
                                                            • 06-08-09
                                                            • 3063

                                                            #30
                                                            Originally posted by Chi_archie
                                                            Nice work shorty......


                                                            you can still look forward to some nice pay outs in October, when our Marlins futures come to fruition

                                                            You guys like the Marlins to win it all too??


                                                            Comment
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