[Jas]

Sportsbetting is all that I want to do for the rest of my life.

I'm having trouble being good at this. It pains me to admit it, but my girl and family members are starting to question my betting. I feel that I'm become a worse player, but not the way you would expect.

Sportsbetting is the only thing that truly makes me happy in life (besides my girl) and I want to become better, but don't know how or if it is even a good idea.

The hardest part of sportsbetting isn't picking winners for me, it is what to do right before I bet and what to do after I win. I'm struggling and just blowing through money.

I believe my first problem is I play parlays, but I don't know any other way that gets me big money quickly. $100, 2 team parlay is $200 and most times I hit. But my money management is awful. I don't know when to hedge during it. I don't know when to hold or stop after building up more than $500, I'll say "let's get $1,000" and go on and on until I become more aggressive and fatigued and lose it all on some pretty dumb mistakes.

How do I get the money management right. I make the mistake of doing 3 team parlays where I bet 2 games and a heavy favourite just to boost the odds, and the heavy favourite is usually the one that bombs my bet. I just want to get better and actually earn more of what I'm winning, I keep giving it away, keep forcing some bets out of exhaustion and sometimes boredom.

Someone give me some advice please

[cincinnatikid513]

Don't Gamble Save Your money or invest it

[Hman]

You've already established your main problem: Too many parlays

Another likely escalating problem is your girlfriend's family knowing about your betting 'habits'.

[shari91]

If you feel like you're becoming a worse bettor, you need to seriously ask yourself why you'd even want to bet full time. Who wants to spend their life and energy doing something you're not great at, whether the issue is your picks or your money management. Considering 99.999999999999999999999% of people who try to make this a career fail miserably and usually very quickly, the fact that you have little impulse control and are betting parlays is a guarantee that you won't be one of the very few who can make a living at this. Unless you're using computer models and have invested heavily into understanding stats, you have no chance. Enjoy life with your partner, limit yourself to a budget each week to gamble with and have fun with it.

[opie1988]

Quit being so fukkin dramatic, and accept the fact that nobody wins long term, pal.

You’re welcome.

Also...need some nudes of your girl. Thanks

[Bostongambler]

Get another hobby I would suggest. Making model airplanes, cooking class, join a choir. Crazy shit like that.

Godspeed

[dlunc3]

Time to get a job

[bonz]

Sportsbetting would be a great career if you was doing life in prison.

[Jas]

You've already established your main problem: Too many parlays

Another likely escalating problem is your girlfriend's family knowing about your betting 'habits'.

I want this! I work now, but all I want to do is become the best handicapper in the world, I don't even care about the money like that.

I make winning bets, I get returns, if I sucked at picking and gathering information and spotting and interpretation of trends, then I'd have quit long time ago. I sucked at horse racing, but soccer and hockey over and unders is what I'm best at.

I feel I can do it for free, but the time and energy it takes without salary or making money off it makes it tough. I'm frustrated not because I'm losing, but because I don't know what the heck to do about winning to make it long term. I don't even spend money on myself after a big win. I'm struggling to take it out.

Should I quit 2 team parlays? Should I make bigger less quantity parlays?

Should I single bet? If so, what Is a good amount? I'd be happy with $500 profit a week. $1000 week is ideal, and many times I make that in one day, or 2k over a weekend, then tank all or most on a Monday when I know results are likely gonna be poor.

Heck, I even moved to Costa Rica looking for a job in the handicapping industry only to find out that it isn't really out there.

[grease lightnin]

Become a bookie.

Juice free betting.

[Jas]

If you feel like you're becoming a worse bettor, you need to seriously ask yourself why you'd even want to bet full time. Who wants to spend their life and energy doing something you're not great at, whether the issue is your picks or your money management. Considering 99.999999999999999999999% of people who try to make this a career fail miserably and usually very quickly, the fact that you have little impulse control and are betting parlays is a guarantee that you won't be one of the very few who can make a living at this. Unless you're using computer models and have invested heavily into understanding stats, you have no chance. Enjoy life with your partner, limit yourself to a budget each week to gamble with and have fun with it.

Worse at money management.
More aggressive, less about enjoying rewards of a big win, all I want to do is push and try to win more. All I want to do is get lost in the data, analysis, pick winners, figure out why lines are what they are, learn as much about every league and player as possible, but all of that without keeping the money I'm winning is crushing me.

My money management is absolute trash. I don't know how to adjust and make it about keeping money instead of picking winners. Like my mom said to me after asking "how did you do this weekend" and I gave her my gains and losses right after:

"Your problem is you don't know how to defend your postion"

[MinnesotaFats]

Look at it like a business

Set aside $20k...that's your investment

Bet $50-$100 per game, stop when up $200 any given day

Don't be afraid to go for a home run now and then...if you've dropped 5 in a row at $100 per take a shot on a 2:1 favorite for $1k

If you lose the $20k find another job, gambling not for you

[cincinnatikid513]

find something your good at and stick with that

[darrell74]

Do what I do
Just come here and vent when you lose that's what I do

Sometimes you are going to go cold
Right now I'm cold as hell but I'll get through it

Also most of the posters on SBR are full of s***

Truth is I'm in the same boat and I'll tell you what I'll do

But first , it sounds like you like to Let It Ride
second ,it sounds like you like to do a lot of parlays
Third,, you might be betting too much and too much money

Your next step is you just need to hit a spot play and slow your wagering volume

Patience
That's it

Anybody who says they make money long-term is full of s*** or they're full of misery
take your pick

[infamousbacardi]

If gambling is the only thing that makes you happy, it's because you're addicted to gambling. Whenever you get lost in a gambling circle it feels like nothing will ever be enjoyable again other than sitting in front of your tv or computer and gambling on events. However, you have to make it 2-3 days without betting. If you make it through those first few days, you start to see your enjoyment in other things come back. You don't need to become a professional gambler, you need to stop gambling.

[funnyb25]

GA

BoL

[darrell74]

H man and Sherry got good advice
A couple of the guys on here have funny responses and that's cool
But a couple of the guys on here are assholes and are full of s*** that's just this thread

[Derailer]

Worse at money management.
More aggressive, less about enjoying rewards of a big win, all I want to do is push and try to win more. All I want to do is get lost in the data, analysis, pick winners, figure out why lines are what they are, learn as much about every league and player as possible, but all of that without keeping the money I'm winning is crushing me.

My money management is absolute trash. I don't know how to adjust and make it about keeping money instead of picking winners. Like my mom said to me after asking "how did you do this weekend" and I gave her my gains and losses right after:

"Your problem is you don't know how to defend your postion"

Bet 1% of whatever you are willing to lose lifetime. Don't ever bet more.

Do it for fun and not the money. If you start making serious money then start taking it more seriously with your WINNINGS.

You should always bank your winnings because you will be needing them in the future when it all goes to hell.

[aljack]

Sportsbetting is all that I want to do for the rest of my life.

I'm having trouble being good at this. It pains me to admit it, but my girl and family members are starting to question my betting. I feel that I'm become a worse player, but not the way you would expect.

Sportsbetting is the only thing that truly makes me happy in life (besides my girl) and I want to become better, but don't know how or if it is even a good idea.

The hardest part of sportsbetting isn't picking winners for me, it is what to do right before I bet and what to do after I win. I'm struggling and just blowing through money.

I believe my first problem is I play parlays, but I don't know any other way that gets me big money quickly. $100, 2 team parlay is $200 and most times I hit. But my money management is awful. I don't know when to hedge during it. I don't know when to hold or stop after building up more than $500, I'll say "let's get $1,000" and go on and on until I become more aggressive and fatigued and lose it all on some pretty dumb mistakes.

How do I get the money management right. I make the mistake of doing 3 team parlays where I bet 2 games and a heavy favourite just to boost the odds, and the heavy favourite is usually the one that bombs my bet. I just want to get better and actually earn more of what I'm winning, I keep giving it away, keep forcing some bets out of exhaustion and sometimes boredom.

Someone give me some advice please

It takes alot of losing to become a winner in sports gambling - so consider this practice.

Here are some tips.

1. Stop betting parlays period. You need to think of everything in terms of +EV and -EV, if you are making +EV plays you will have a positive ROI and no matter how much you bet per game - if you are betting a straight amount on every game - and are betting +EV bets - you will make money - it may be a fraction of a % per day - but that's what the pros do. "Going for the big score" is not what professional gamblers do - that is recreational thinking and you will lose more than you win. 95% of gamblers go bust. 2.5% have a consistent bankroll but rarely ever profit more then a few dollars a year - then the final 2.5% are the ones that actually make money - but again, it takes alot of losing before you can win anything.

You have to think of every bet you make - as, "if i bet this bet 100 times, is there a chance that i can win atleast 55 of those 100 bets." - meaning, if you bet a parlay - would you bet those single games on their own - or is there no value in betting them as single bets - if the answer to that question is no - 'X' out your parlay box and start looking for value.

2. YOU CAN NOT PREDICT GAMES. - No one can predict the outcome of an event - don't kid yourself and pretend like you can - because you can't - and that mentality is going to make you a broke gambler. The best way to be on the winning side of a sports bet is by simply finding value in a play. If there's a big favorite on the board and they are laying -8 when it should be -6.5, you take the dog. If there's an overated team that is getting alot of money - take the dog. Take the dog. Take the dog. Take the dog. You will not win consistently by betting favorites - you will not win consistently by trying to predict games. You have to find value on the board - otherwise you are fooling yourself and giving away your money.
3. NEVER LAY ANYMORE THAN -135, - this took me literally 10 years to learn and about 5k+ in losing for me to finally come to terms with this. There is no reason you should ever lay more than -135 on any game. That includes upping your stake on a -200, that includes parlaying 2 -200's into a +100, all of those things. Never lay -135 on any game period. You have to have your bets being in the majority of the + money category for you to even have a chance at profit.

4. Never bet more than 2.5% of your bankroll on one wager - ever. This is another thing that took me alot of losing to learn and actually follow. There is no point in betting more than 2.5% per bet - even that is almost too high in my opinion. 2.5% = 40 bets for your entire bankroll. If you are betting 5-10 games a day and can consistently hit at 52-55%, betting at 2.5% per unit - you WILL MAKE MONEY. But you need to be discipline - don't up your bet size on a game - no matter how good you feel about it. You will lose more than you win. So be smart about it and keep your bet size small and steady and as long as you have value on your side - you have a higher chance of coming out of it with money in your pocket than not - it just takes time.

5. Bank roll management. This took me years and years to figure out but this is what got me into the small percentage of people who actually put money in their pocket from sports betting:

$1000 bankroll, $25/bet, bet nothing higher than -135, some days you'll be +$200, some days you'll be -$200, DO NOT up your bet size after big winning day, DO NOT lower your bet size after a losing day - keep it the same no matter what. At the end of every week - take out whatever is in your account after $1000, some weeks you might be below $1000, that's fine - some weeks you'll be above $1000, take that money out - you are now earning a legit WAGE from gambling. It's as simple as that. It takes alot of time and ALOT of patience to be able to stay within those parameters. But if you lose your money, your girl, your friends and your self respect enough times you will learn that this game isn't for everyone - if you can't hack it - get another hobby.

Remember this. - "Discipline is the bridge between goals and accomplishment."
Jim Rohn: American entrepreneur.

GL.

[aljack]

Don't be afraid to go for a home run now and then...if you've dropped 5 in a row at $100 per take a shot on a 2:1 favorite for $1k

Don't do this.

[BIGDAY]

Pound the Winners.

Everything else will follow suit.

[Derailer]

The hardest part of sportsbetting isn't picking winners for me, it is what to do right before I bet and what to do after I win. I'm struggling and just blowing through money.

Not true. You are blowing through money because you are making losing bets. You give yourself credit for your good bets and you blame your bad bets on your lack of discipline.

[darrell74]

If gambling is the only thing that makes you happy, it's because you're addicted to gambling. Whenever you get lost in a gambling circle it feels like nothing will ever be enjoyable again other than sitting in front of your tv or computer and gambling on events. However, you have to make it 2-3 days without betting. If you make it through those first few days, you start to see your enjoyment in other things come back. You don't need to become a professional gambler, you need to stop gambling.

This is okay
In short: don't be an action Junkie

[lonegambler23]

stop betting pargays its as simple as that

[jjgold]

Kid get a job and save yourself a life of misery

bet recreationally

[Booya711]

Time to find something else to do...

[shadymcgrady]

This is ludicrous in terms of contradiction. You want to be the best capper but you love gambling. Why not just skip to the oxymorons?

Do you want to be a winning capper and suck the fun out of betting like a vampire or have fun and splash it around? Or something in between?

[Sam Odom]

Scalp

Sammy taught poster Deemer the ins & outs of scalping when he was a young kid... he is doing OK now

[BrickJames]

Parlays are an exotic bet with a steep house advantage.

Think about it like this, trying to win long-term at sports betting is like trying to beat the fastest man in the world at the 100m dash and giving him a 10m head start.

The whole thing is designed to make you feel like you can easily win, but in reality separates you from your money very quickly.

Also the best advice I can give any Gambler is never let any woman in your life know anything about your gambling. It's simply a lose-lose. When you winshall already have the money spent on new sofas and s*** like that, when you lose you'll be the dumbest idiot in the world for losing money gambling. It's a lose-lose never let the women know.

[Derailer]

Should I single bet? If so, what Is a good amount? I'd be happy with $500 profit a week. $1000 week is ideal, and many times I make that in one day, or 2k over a weekend, then tank all or most on a Monday when I know results are likely gonna be poor.

You have all the hallmarks of a losing gambler. First, you are doing it backward. You do not decide how much you need to win and then bet to win that amount. You have money and you build it regardless of the amount you bet.

You are an action junkie. You cannot bet the proper amount because the dollar figure is not high enough.

As long as this is your approach, you are doomed.

You will have to bet much smaller amount that you are currently willing to and you will have to grind through until you reach a profit. It will take years. You will never make it.

[hawkeye 16]

I didn't read this whole thread, but recreational is the way to go. Definitely don't quit a job, etc. You're going to have winning streaks that give you a "high" then you're going to have streaks where you lose every bet. I personally don't know anyone that can make a living doing it. If you are going to bet the game anyway, you might as well try and handicap it, but try and keep it fun. BOL

[Sam Odom]

if the avg joe needs , say , $75K to live doing a reg job... he will need to clear $100K as a full time gambler -- we spend more

[JAKEPEAVY21]

bankroll management is by far the most important thing for a gambler. If you have no willpower, you might as well save yourself the pain and suffering and quit now.

[Jas]

You guys are so motivating, I'm loving the responses. Some are tough, but true. I'm thankful for y'all sharing your experiences and ideas even if I don't reply

[tony_come]

You guys are so motivating, I'm loving the responses. Some are tough, but true. I'm thankful for y'all sharing your experiences and ideas even if I don't reply

Is your butt round?