1. 08-13-12 08:24 AM #1
    jjgold
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    Thinking Of Reducing Bet Sizes

    Economics
    Inability to pick winners
    This hurts
    Things need to change real fast

    Could get nickname shaffer shorty for both rooster size and bet amounts
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  2. 08-13-12 08:30 AM #2
    Big_Slim
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    Gold....I thought you was the man around these parts!....call up the fukkin sharks and just get another loan!!!
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  3. 08-13-12 08:30 AM #3
    Smoke
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  4. 08-13-12 08:32 AM #4
    MUHerd37
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    Gonna bet less air? JJ you suck.
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  5. 08-13-12 08:33 AM #5
    BIGDAY
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    5-0 yesterday would tell me you're going on an EPIC run.

    Now is when you Pa Pa Pound...
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  6. 08-13-12 08:36 AM #6
    jjgold
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    Loaned up
    Need to pay them off
    It's football season too
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  7. 08-13-12 08:43 AM #7
    Smoke
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  8. 08-13-12 08:45 AM #8
    wantitall4moi
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    In the end youre better off not betting at all and getting your bankroll back to a level where you can keep betting the same size than you are lowering bet sizes.

    But if you started out with a bankroll in the first place, played a sound strategy and used even nominal money management and still lost enough to feel the need to lower your bets sizes, then you might want to quit gambling anyway.
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  9. 08-13-12 08:46 AM #9
    crustyme
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    cant get any lower than $100.
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  10. 08-13-12 08:48 AM #10
    odog11
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    Reduce your # of plays or if you can't do that just bet points or chicken feed on most of the plays. Only bet big boy money when you really feel you have found a good spot, which you seem capable of doing from time to time.
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  11. 08-13-12 08:52 AM #11
    Smoke
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  12. 08-13-12 02:38 PM #12
    Big Bear
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    JJ you seem to wager around $1000 a day.

    $100 here and a $100 there.


    Here is my advice. Reduce the # of plays by a TON

    Pick maybe 3 to 5 games PER WEEK and go about $500 per game

    Maybe even 1,000 to 2,000 per game of only betting a few times per week.
    Stick to what you are good at and that is "spot betting"

    Seems every day you are picking atleast 5 games to bet on.
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  13. 08-13-12 02:39 PM #13
    CanuckG
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    at the serious replies
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  14. 08-13-12 05:03 PM #14
    GunShard
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    Kelly Criterion.

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  15. 08-13-12 05:07 PM #15
    PAULYPOKER
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    shaffer shorty in da house
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  16. 08-13-12 05:45 PM #16
    Ace_of_Spades
    Golazo De Riverrrr!
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    JJ you post fuking anything. post while taking a shitt
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  17. 08-13-12 08:40 PM #17
    OldHickory
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    Quote Originally Posted by GunShard View Post
    Kelly Criterion.



    Can you explain this ? Not into that kind of math
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  18. 08-13-12 09:50 PM #18
    jjgold
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    Quote Originally Posted by Big Bear View Post
    JJ you seem to wager around $1000 a day.

    $100 here and a $100 there.


    Here is my advice. Reduce the # of plays by a TON

    Pick maybe 3 to 5 games PER WEEK and go about $500 per game

    Maybe even 1,000 to 2,000 per game of only betting a few times per week.
    Stick to what you are good at and that is "spot betting"

    Seems every day you are picking atleast 5 games to bet on.
    That could work as the more bets you make the more you lose
    Thanks cuz
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  19. 08-13-12 11:38 PM #19
    fitguy67
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    Quote Originally Posted by OldHickory View Post
    Can you explain this ? Not into that kind of math
    I agree. Kelly is made far too mysterious. In essence, it says look at the expected yield ($ netted vs. $ risked) of any bet source...and bet TO WIN that % of your bankroll. That would be a full-Kelly bet...safer would be a fractional Kelly...a 1/5 Kelly (1/5 the growth rate, yes...but much better than 5x LESS likely to crash) bet made from a pick that has a long-term 5% yield track record would be TO WIN 1% of your roll.

    It only works with POSITIVE-yield track records, tho'...so no use if you're tailing the OP...(just kiddin', J...cut out the "filler" bets lyk several are suggesting and your spreadsheet will once again be long-term "Kelly-able")...reducing the number of bets will be more helpful to bring yield up than reducing bet size.
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  20. 08-14-12 12:04 AM #20
    TheCalculator
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    How about changing your name to JJBronze?
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  21. 08-14-12 05:24 AM #21
    jjgold
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    You are not going to grind out money betting lots of games unless your on of the 1% that has edges on the lines
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  22. 08-14-12 06:38 AM #22
    genghis518
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    only increase bet size with consistency.. if you are lowering bet size...that means you need to stop and look for a tweak to your system
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  23. 08-14-12 07:03 AM #23
    jjgold
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    Nothing works

    No tweaks
    No systems

    Lose almost every week
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  24. 08-14-12 07:04 AM #24
    BigDeem5
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    JJ, start tailing smoke.
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  25. 08-14-12 07:07 AM #25
    jjgold
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    Smokey is hot but now worried he could slump

    Hard to tail guys in the middle of a win streak
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  26. 08-14-12 07:09 AM #26
    BigDeem5
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    Quote Originally Posted by jjgold View Post
    Smokey is hot but now worried he could slump

    Hard to tail guys in the middle of a win streak
    I was hot, hit a rough patch, and I'm ready to rebound. If you want the big play today you know where to find me.
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  27. 08-14-12 09:52 AM #27
    PAULYPOKER
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    Eliminate the juice!!!!!!!!!!!!!!!!!!!!

    This is the only fukkin edge the books have over you!!!!!!!!!!!!!
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  28. 08-14-12 10:38 AM #28
    jjgold
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    Deemer who you on?
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  29. 08-14-12 11:24 AM #29
    SlickFazzer
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    Who are you guys pounding hard?
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