You can't win in gambling...

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  • eberetta1
    SBR MVP
    • 03-27-09
    • 1159

    #36
    can't win gambing

    You can't win going out to eat either, Yet , that is what alot of peeps do for entertainment. I would rather place a bet about the size of a dinner, and stay home if I lose, or buy me something nice if I win.

    Good luck with your gaming.
    Comment
    • Sam Odom
      SBR Aristocracy
      • 10-30-05
      • 58063

      #37
      I'm WAY above 50% winners I play favs
      Comment
      • GELATINOUS CUBE
        SBR MVP
        • 08-09-09
        • 4534

        #38
        Untilend... You need to post more plays so we can win more money!!!! 40-11??? You are the best, where are your plays posted?
        blog '09-'10: 37-16: +$31,900
        mlb 2010; 16-12: +$4,540
        gellyhoops 2010: 10-6 +$3,150
        overall: 63-34 +$40,290
        Comment
        • Chi_archie
          SBR Aristocracy
          • 07-22-08
          • 63172

          #39
          if "Life" is a gamble and getting out of bed is considered wagering..........then

          99% of "Gamblers" choose to just get out of bed and hop into their cars then.... they are happy by and large with some exceptions
          Comment
          • Chi_archie
            SBR Aristocracy
            • 07-22-08
            • 63172

            #40
            hungry hungry ramen eating people
            Comment
            • Deuce
              BARRELED IN @ SBR!
              • 01-12-08
              • 29843

              #41
              I wish all gamblers the best of luck. Entering into the toughest part of the gambling calendar, NCAAB seems to bury a lot of posters.
              Comment
              • keyboarding
                SBR Hall of Famer
                • 07-30-09
                • 6817

                #42
                Well, I think the big reason is because they lack money management. Get caught up in parlays. See big numbers, forgot the odds, and go for gold.

                This is the most dangerous thing a gambler can ever think, as adorable and friendly as it may seem:
                Comment
                • PeacefulWarrior
                  SBR Rookie
                  • 11-13-09
                  • 7

                  #43
                  Having discovered betting (only play online, me) for the first time this year, and after making some nice sums of money at times, I believe it is well worth playing. But only so long as one has the mind for it and is able to spot ways of making money, out of the various possibilities out there. I have found a few ways and after testing them all, I chose one and I am now sticking with it. The only times I ended up losing money were when I didn't think things through properly, I rushed in and lost my bearings. Or when I bet on impulse. So i learned to handle betting as one would a highly poisonous snake. I no longer relax when approaching it, for fear of getting my a55 bitten.

                  And I found that I only need to be online about 1-2 hrs a day to be making the amount I am comfortable with. I now spend more time researching and thus my winnings are better and my money is a lot safer. Therefore I also have a life, I have time to spend with my lovely kids, read a book, etc? So yeah, I guess it's all about using one's brains, discipline and moderation. I consider myself lucky that I am not an addictive personality and that I can approach this betting issue with a business like attitude. It's a mental challenge for me, as well as a money making opportunity. But it's not so easy for the guys that do it because they can't live w/o it. As I have learned after watching the guy that introduced me to gambling in the first place, who spends all of his money earned in the day job online, rarely making any.
                  Comment
                  • Chi_archie
                    SBR Aristocracy
                    • 07-22-08
                    • 63172

                    #44
                    NFL buries the most of all


                    bet small conferences in ncaab and you'll have a better chance...... why would lines be sharper on 32 NFL teams once a week than 300+ some ncaa teams 3-4 times a week?
                    Comment
                    • betplom
                      SBR Posting Legend
                      • 09-20-06
                      • 13444

                      #45
                      Originally posted by Chi_archie
                      NFL buries the most of all


                      bet small conferences in ncaab and you'll have a better chance...... why would lines be sharper on 32 NFL teams once a week than 300+ some ncaa teams 3-4 times a week?
                      I truly mean it when I say I hate the NFL, and I lose little to no money because I don't bet much on the game.

                      I still can't get used to the idea of having to wait and see if there is a flag on the field after a big play. Drives me nuts, so I don't play.
                      Comment
                      • GELATINOUS CUBE
                        SBR MVP
                        • 08-09-09
                        • 4534

                        #46
                        Yeah i agree peace warrior, rushing into bets or not capping thru and thru are the only problems when you are good.

                        Like on saturday when you wake up and the ncaa fb games are going, i say screw the first games and cap for 3 hours, then start betting. Well, that works, jumping in and betting right away doesnt
                        blog '09-'10: 37-16: +$31,900
                        mlb 2010; 16-12: +$4,540
                        gellyhoops 2010: 10-6 +$3,150
                        overall: 63-34 +$40,290
                        Comment
                        • Chi_archie
                          SBR Aristocracy
                          • 07-22-08
                          • 63172

                          #47
                          I don't mind losing $ to win in ET long term...... I love the roller coaster and its all worth it....

                          when It becomes more than that..... I hope I'll have the will power i've always had to say no, or move on to somthing else
                          Comment
                          • ryanspeer2001
                            SBR MVP
                            • 03-30-08
                            • 3149

                            #48
                            Gotta write off loses to entertainment. If you are saying to yourself that you just can't do that....then maybe you have to call it a career.
                            Comment
                            • GELATINOUS CUBE
                              SBR MVP
                              • 08-09-09
                              • 4534

                              #49
                              Nfl is just a few sunday morning bets to me, they don't have to be big or anything, sorry books.
                              Ncaab is a lot of teams, i don't know all those teams, so uh have fun with that!
                              blog '09-'10: 37-16: +$31,900
                              mlb 2010; 16-12: +$4,540
                              gellyhoops 2010: 10-6 +$3,150
                              overall: 63-34 +$40,290
                              Comment
                              • Sam Odom
                                SBR Aristocracy
                                • 10-30-05
                                • 58063

                                #50
                                Originally posted by ryanspeer2001

                                If you are saying to yourself that you just can't do that....then maybe you have to call it a career.

                                Comment
                                • Nicky Santoro
                                  SBR Posting Legend
                                  • 04-08-08
                                  • 16103

                                  #51
                                  you want the exact answer why 99.4% of gamblers lose and books win. Here is why.. pay attention..

                                  you have to hit roughly 54% throughout your life to show any minimal profit.. if you hit 47-51%, you will get clocked.. hitting 50% ATS is so tough as it is for the avg bettor who doesn't shop shop shop.

                                  Now here is the real reason why books clean up and bettors lose.. once again, pay close attention.

                                  Lets say you bet 1k on a pick em game at -110.. you win 1,000 or lose 1,100, right?

                                  Now on that same game, if the book books 8300 on Team A, and 7200 on Team B.. the book stands to lose 380$ if team A win.. If Team B wins, book wins 1930$..

                                  So IOW, book risks 380 to win 1930 OR gets +508 on a pick em game.. while bettors on that same game are not getting +508, but are laying -110..

                                  BIG DIFFERENCE HUH??

                                  and that is why books win and almost all players lose. They get +508 on most pickem games while players lay -110.

                                  How can a sportsbook lose in the long run when they have 20 games a night with this scenario.. Books laugh at all the square bettors that give them this easy money. Squares will continue to think they can win money gambling.. LOL..
                                  Comment
                                  • 1st and Ten
                                    SBR Hall of Famer
                                    • 11-13-09
                                    • 5131

                                    #52
                                    Picking the right side is a plus but anyone worth a grain of salt will profess that to be a successful gambler you MUST beat the closing number on a consistent basis.
                                    Comment
                                    • Chi_archie
                                      SBR Aristocracy
                                      • 07-22-08
                                      • 63172

                                      #53
                                      Originally posted by ryanspeer2001
                                      Gotta write off loses to entertainment. If you are saying to yourself that you just can't do that....then maybe you have to call it a career.

                                      Speer knows what he is talking about



                                      you can't ever get more away than you are capable of giving away at a few nights of games at the carnival..
                                      Comment
                                      • PeacefulWarrior
                                        SBR Rookie
                                        • 11-13-09
                                        • 7

                                        #54
                                        Originally posted by Nicky Santoro
                                        you want the exact answer why 99.4% of gamblers lose and books win. Here is why.. pay attention..

                                        you have to hit roughly 54% throughout your life to show any minimal profit.. if you hit 47-51%, you will get clocked.. hitting 50% ATS is so tough as it is for the avg bettor who doesn't shop shop shop.

                                        Now here is the real reason why books clean up and bettors lose.. once again, pay close attention.

                                        Lets say you bet 1k on a pick em game at -110.. you win 1,000 or lose 1,100, right?

                                        Now on that same game, if the book books 8300 on Team A, and 7200 on Team B.. the book stands to lose 380$ if team A win.. If Team B wins, book wins 1930$..

                                        So IOW, book risks 380 to win 1930 OR gets +508 on a pick em game.. while bettors on that same game are not getting +508, but are laying -110..

                                        BIG DIFFERENCE HUH??

                                        and that is why books win and almost all players lose. They get +508 on most pickem games while players lay -110.

                                        How can a sportsbook lose in the long run when they have 20 games a night with this scenario.. Books laugh at all the square bettors that give them this easy money. Squares will continue to think they can win money gambling.. LOL..
                                        Yes, I agree, that's not a way of making money. It's a way of losing money. However, if one looks hard enough and close enough, there are ways of making money that will guarantee he gets some of those money that the "squares" have lost . At least they don't all end up in the bookie's pockets...I guess the problem is that most people don't approach gambling with a cool head, thus the miss the opportunities staring them in the face. And that's a pity, that is
                                        Comment
                                        • Chi_archie
                                          SBR Aristocracy
                                          • 07-22-08
                                          • 63172

                                          #55
                                          give us cool heads oh gambling lords
                                          Comment
                                          • reno cool
                                            SBR MVP
                                            • 07-02-08
                                            • 3567

                                            #56
                                            Originally posted by eberetta1
                                            You can't win going out to eat either, Yet , that is what alot of peeps do for entertainment. I would rather place a bet about the size of a dinner, and stay home if I lose, or buy me something nice if I win.

                                            Good luck with your gaming.

                                            good answer.

                                            deuce, wtf are you talking about? You know why most people lose. And anyway, didn't you get that video poker system from fishead yet?
                                            bird bird da bird's da word
                                            Comment
                                            • jgilmartin
                                              SBR MVP
                                              • 03-31-09
                                              • 1119

                                              #57
                                              Originally posted by keyboarding
                                              Well, I think the big reason is because they lack money management. Get caught up in parlays. See big numbers, forgot the odds, and go for gold.

                                              This is the most dangerous thing a gambler can ever think, as adorable and friendly as it may seem:
                                              Absolutely spot on.
                                              Comment
                                              • Karayilan9
                                                Restricted User
                                                • 01-10-09
                                                • 3742

                                                #58
                                                The majority of people don't make money and can't win at whatever they do, doesn't matter what the job.

                                                When it comes to what we do, most people have the wrong mentality to start with, they don't respect the game, think its easily beatable and that it can't be hard to pick winners when you have a 50% of winning. It doesn't matter what you make money in, you'll only make money if you understand the game inside out and know how to bend the rules and manipulate them to your advantage.

                                                Once your making money the biggest enemy of anyone that wagers is, emotional instability, lack of discipline and lack of hard work. Typically somebody will once in a while win big and that is the most dangerous stage. You win big, think you've beaten the game, you think it's all easy, your a pro everyone else is a square and the books are free money so why even put work in anymore. Its at this stage when your drunk of your insignificant small time victory in the battle against the books that your most likely to blow it. When you start winning, you have to keep discipline, don't even think you've made anything, realize how insignificant winning 10-100K in those last few wagers is in comparison to what the books make you have not even made a dent in their armor.

                                                Money can be made, there are few other opportunities to make such large amounts of tax free money, its not easy but nothing ever comes easy!
                                                Comment
                                                • Fishhead
                                                  SBR Aristocracy
                                                  • 08-11-05
                                                  • 40179

                                                  #59
                                                  Originally posted by Nicky Santoro
                                                  you want the exact answer why 99.4% of gamblers lose and books win. Here is why.. pay attention..

                                                  you have to hit roughly 54% throughout your life to show any minimal profit.. if you hit 47-51%, you will get clocked.. hitting 50% ATS is so tough as it is for the avg bettor who doesn't shop shop shop.

                                                  Now here is the real reason why books clean up and bettors lose.. once again, pay close attention.

                                                  Lets say you bet 1k on a pick em game at -110.. you win 1,000 or lose 1,100, right?

                                                  Now on that same game, if the book books 8300 on Team A, and 7200 on Team B.. the book stands to lose 380$ if team A win.. If Team B wins, book wins 1930$..

                                                  So IOW, book risks 380 to win 1930 OR gets +508 on a pick em game.. while bettors on that same game are not getting +508, but are laying -110..

                                                  BIG DIFFERENCE HUH??

                                                  and that is why books win and almost all players lose. They get +508 on most pickem games while players lay -110.

                                                  How can a sportsbook lose in the long run when they have 20 games a night with this scenario.. Books laugh at all the square bettors that give them this easy money. Squares will continue to think they can win money gambling.. LOL..


                                                  THIS IS PRECISELY WHY NOBODY HERE SHOULD FEEL SORRY OR BELIEVE SPORTSBOOK OPERATERS "CRYING THE BLUES" ABOUT HOW THEY ARE GETTING HAMMERRED!!!

                                                  It's all a marketing ploy on their part to get the mainstream public to believe there is easy money out there.

                                                  Do they have losing weeks? Yes, but it ALWAYS will turn around for them unless they are the just horrible, horrible bookmakers or bad business individuals.

                                                  Look, I was a legal oddsmaker/bookie in Vegas for a long time and what Nicky is stating is very true...........I repeatedly and more times then not was sitting with a minimum 4-1 edge on 80% of the board, like the example Nicky gave. For instance.......

                                                  CAVS WIN +22,030
                                                  HEAT WIN -5,004

                                                  Do you realize how hard it is to lose as a bookie if one is even a half-ass good bookmaker??????

                                                  This is not even taking into consideration parlays, teasers, buying half points, etc., etc................plus PARLAY CARDS and TEASER CARDS!

                                                  I worked in the business for around 9 years and I seriously cannot recall us having even one losing MONTH!!

                                                  My mentor to the art of bookmaking and former boss and longtime Vegas oddsmaker Sonny Reizner NEVER HAD A LOSING SEASON IN ANY SPORT, REPEAT, NEVER A LOSING SEASON IN ANY SPORT IN ALL HIS YEARS AS A VEGAS SPORTSBOOK DIRECTOR.

                                                  NEVER EVER FEEL SORRY FOR A BOOKMAKER.
                                                  Comment
                                                  • Fishhead
                                                    SBR Aristocracy
                                                    • 08-11-05
                                                    • 40179

                                                    #60
                                                    Also, Nicky a few years back made it even more clear how hard it is for John Q. Public to win by stating.........

                                                    Say you are betting 1100 to win 1000 on a game.

                                                    Do this eqation and tell me what you come with.


                                                    If you go 55-45, how do your win????

                                                    If you go 45-55, how much do you lose????


                                                    The results will shock you........do work!
                                                    Comment
                                                    • Bluehorseshoe
                                                      SBR Posting Legend
                                                      • 07-13-06
                                                      • 15018

                                                      #61
                                                      Originally posted by keyboarding
                                                      Well, I think the big reason is because they lack money management. Get caught up in parlays. See big numbers, forgot the odds, and go for gold. This is the most dangerous thing a gambler can ever think, as adorable and friendly as it may seem:
                                                      Money management is by far the biggest problem. You have to treat it as a business and you can win.

                                                      Also, lose your opinion on betting. Use other things to guide you.
                                                      Comment
                                                      • Nicky Santoro
                                                        SBR Posting Legend
                                                        • 04-08-08
                                                        • 16103

                                                        #62
                                                        Originally posted by Fishhead
                                                        Also, Nicky a few years back made it even more clear how hard it is for John Q. Public to win by stating.........

                                                        Say you are betting 1100 to win 1000 on a game.

                                                        Do this eqation and tell me what you come with.


                                                        If you go 55-45, how do your win????

                                                        If you go 45-55, how much do you lose????


                                                        The results will shock you........do work!

                                                        wow, you remember that? unreal.


                                                        yeah, at 1k a game...laying -110..




                                                        when a bettor goes 55-45, bettor wins ONLY $5,500.
                                                        when book goes 55-45 vs you, bettor loses 15,500$


                                                        or even a bettor one

                                                        when player goes 53-47, he breaks even.
                                                        when a book goes 53-47 vs bettor, bettor loses $11,300


                                                        and it's just as easy for a bettor to go 47-53 than 53-47..



                                                        not a bad position for a bookie to be in, huh.. win 11,300$ OR break even....yet bettors will continue to gamble thinking they have a chance.. lol.. and bettors continue to think they can predict sports and make $$.. LOL
                                                        Comment
                                                        • Deuce
                                                          BARRELED IN @ SBR!
                                                          • 01-12-08
                                                          • 29843

                                                          #63
                                                          Nicky, Fishead, thanks, when I made this thread, I was hoping the professionals would chime in. God bless you boys.
                                                          Comment
                                                          • Sawyer
                                                            SBR Hall of Famer
                                                            • 06-01-09
                                                            • 7762

                                                            #64
                                                            You can't win in gambling (poker and blackjack may be an exception) but you can win in sports betting. Gambling and betting are different things in my book. Gambling is based on pure luck (like roulette) but in sports betting, you can increase your winning chance by handicapping the game, studying statistics.

                                                            -110/100 thing is not true. You can play +110 odds as well. In addition, you can hit over %60 with -120 odds.

                                                            I don't think it's hard to go beyond %55 with -110 odds but %58+ is not easy.

                                                            My winning rate is %56, +498 Units (483 W - 385 L)


                                                            But winning percentage is not the only thing..

                                                            Money Management really matters! Without a good MM, you can go broke easily even with %70.

                                                            Patiene, discipline comes first..

                                                            GL!
                                                            Comment
                                                            • Kaps
                                                              SBR MVP
                                                              • 09-09-06
                                                              • 3272

                                                              #65
                                                              what
                                                              Comment
                                                              • durito
                                                                SBR Posting Legend
                                                                • 07-03-06
                                                                • 13173

                                                                #66
                                                                Originally posted by B1GER1C828
                                                                everyone happens to lose because of juice. If you hit 50% on the season, but paid at -110 every game, then the juice will be killing you. you'd need to hit 55% to break even.
                                                                55% at -110 + competent money management = you are very rich

                                                                break even at -110 is 52.4%
                                                                Comment
                                                                • TheLock
                                                                  SBR Posting Legend
                                                                  • 04-06-08
                                                                  • 14427

                                                                  #67
                                                                  From a personal standpoint, I've never had any delusions of being a long term highly successful sports bettor. I have a career which pays well but also makes it impossible for me to spend hours watching line movements and hopping on opening numbers. I would never trade my highly secure line of work for the ups and downs of sports betting. But I have a lot of admiration for those that do (the 5% of you out there that are very successful over a large sample size).

                                                                  I wager on sports because like archie said, I find it very entertaining. I'm fortunate though that I've never had a problem with bankroll management so this keeps sports betting from having a negative impact on my quality of life. I never win a lot but I also never lose a lot (same goes with poker).

                                                                  My advice to anyone who has come to the realization that gambling is having a very negative impact on your life:


                                                                  Get help. It's out there and having a gambling problem is nothing to be ashamed of. Hitting the under on the Padres game should never be more important than your family or loved ones.
                                                                  Comment
                                                                  • Nicky Santoro
                                                                    SBR Posting Legend
                                                                    • 04-08-08
                                                                    • 16103

                                                                    #68
                                                                    Originally posted by durito
                                                                    55% at -110 + competent money management = you are very rich

                                                                    break even at -110 is 52.4%
                                                                    at 55%, you don't even need competent money mgmt.. at 12 games a day for 1k a game at -110 and hitting 55%, you will make $351,900/yr

                                                                    that's very far from breaking even..
                                                                    Comment
                                                                    • SpectacularBid
                                                                      SBR High Roller
                                                                      • 11-04-09
                                                                      • 172

                                                                      #69
                                                                      Originally posted by Deuce
                                                                      I wish all gamblers the best of luck. Entering into the toughest part of the gambling calendar, NCAAB seems to bury a lot of posters.
                                                                      Comment
                                                                      • maersksealand
                                                                        SBR MVP
                                                                        • 09-17-09
                                                                        • 1673

                                                                        #70
                                                                        Originally posted by Deuce
                                                                        There is a reason that they make millions off of losers. They have the edge always. You can scalp sure, you can be a pro and dedicate your entire life to it and maybe go 51.5%. Pros here making nice livings like Nicky, Fish, jj, amongst others, sure. It boils down to them though having no life. They don't go out, banged up, jjgold hasn't seen a Saturday night out in 16 years. It takes a toll.


                                                                        My question though, with odds being 50/50, how does everyone happen to lose?
                                                                        Sure I will have the banged up fukks hopping in here telling me I don't know what I am talking about blah blah fukkin blah. They are wealthy off of gambling etc. Unreal. I am seasoned in the industry, I know what goes on, most are like Brock Landers.



                                                                        And if you're wondering my YTD figures are

                                                                        Record: 226 - 201 - 9
                                                                        Percent: 52.93 %

                                                                        Don't understand why you are here ? Why are you betting if you KNOW you will end up losing ? Are you really that stupid ?
                                                                        Comment
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