Do You Know Why Most Of Us Lose??

[jjgold]

I will tell you

Smart Money=Late Money

Smart Action=Post Time Action

Wake Up

[Ace_of_Spades]

Shouldn't you be the one to wake up?

[michalis]

the big question is

if everyone is losing, how come books go bust?

[Mr Windy City]

Smart Money does not equal late money JJ.

Those that figure out the market before the market figures out itself is Smart Money. If you can consistently pick out lines when they first come out and beat the movement in your favor, then you are the smart money. You will increase your winning % greatly by doing this. How many times have you lost a game by a hook or 1 point when you could have won the bet if you put it in before the public moved it. That's being sharp.

Just what I think anyway, but he what do I know.

[jjgold]

Mike most books do not go bust as that is a huge misconception

Massive Billion dollar banks go bust

Acer I like losing

[Mr Windy City]

the big question is

if everyone is losing, how come books go bust?

those that go bust (if you are talking offshore) is because they are not managed properly. Some are bubble gum shops that are not financially sound but take the risk anyway. A good book is one that can take a big hit but continue to operate every day business without any money problems.

[pico]

nope.

we go bust because god hates gamblers

[Ace_of_Spades]

Mike most books do not go bust as that is a huge misconception

Massive Billion dollar banks go bust

Acer I like losing

Yikes. Hey, is that Jamie Soward in your avatar?

[Doc JS]

And if ANYBODY should know about losing...it's Mr. -36,000 and his Monopoly Money spreadsheet...

Doc

[Bostongambler]

We know why you lose Goldie

[SamsNCharge99]

[poker_dummy101]

nope.

we go bust because god hates gamblers

that would mean the bookies are like preachers

[Brock Landers]

most people lose because they played with scared money

[poker_dummy101]

Nothing satisfies me more than losing a fukkin chunk of my bankroll

[seaborneq]

The main reason we lose is that we pick the wrong side. Squares win and Sharps lose. It is all about picking the right side.

[LostBankroll]

When I go bust I rob and steal for my next 5Dimes deposit.

[G's pks]

JJ... The reason so many keep losing like Bobby, samsincharge, dac, and a cast of thousands is simple...they overbet, and have a pipe dream of not having to work for a living as they piss their parents money away! But the only pipe they are really smoking is loaded with $hit and the books love guys that bet every single day... What do you think the odds are when you see people saying oh I have to win today, or "I am going all in". Sure these guys can pick a few winners (well except dac) and even win once in a while...but their constant overbetting always gets them in the end, and you too...

[Mr Windy City]

The main reason we lose is that we pick the wrong side. Squares win and Sharps lose. It is all about picking the right side.

you mean squares lose and sharps win?

[stealthyburrito]

most people lose because they played with scared money

i agree with this, betting in a losing state of mind creates more losses.

[seaborneq]

you mean squares lose and sharps win?

Sharp money loses sometimes and square money wins sometimes. It is a shallow term. No side wins all the time no side loses all time. Sharp and square are really interchangable. No big difference. If you win, does it matter what you are called? Pick the right side and they call you rich.

[bozeman]

I think the question why we lose is a wrong question
it should be why most bookie's never go bankrupt?

I have two answers
1. They win( and we let them do it) their 10% margin
2. Those people who win on a daily basis continue to win. The majority of 50-50 players never quit after they win, but only after they lose, then they start again and as far as they are in + they continue, but when it gets to - they don't have enough money or patience to continue. Then they quit and start over in a few months and they will play again until they lose big- that happens, but I think most of the people should have been 50-50

[rm18]

Books can beat their players and still go bust, they have building, employee, and transaction costs.

[bozeman]

offshore dudes mainly have a few buildings we are talking bout them

[rm18]

offshore dudes mainly have a few buildings we are talking bout them

I know but they also have way less customers, some might have a few hundred active guys and beat them slightly but the business fails

[THE PROFIT]

people lose because they get greedy. End of story!

[joe91091]

The only way to bet "smart" is to not play every single game, only play one lock your certain of every now and then and place a huge wager on it. The less you play the less you can lose, but we all know how hard that is haha.

[Cuse0323]

people lose because they get greedy. End of story!

[jjgold]

JJ... The reason so many keep losing like Bobby, samsincharge, dac, and a cast of thousands is simple...they overbet, and have a pipe dream of not having to work for a living as they piss their parents money away! But the only pipe they are really smoking is loaded with $hit and the books love guys that bet every single day... What do you think the odds are when you see people saying oh I have to win today, or "I am going all in". Sure these guys can pick a few winners (well except dac) and even win once in a while...but their constant overbetting always gets them in the end, and you too...

Post of thread so far.

[Scorpion]

what is Post Time Action?

[Sunde91]

Why do people lose?

1) They can't pick winners
2) Poor Money Management, no self-control
3) Juice

[Naz18]

People lose because of the spread

[seaborneq]

SBR's special lines?

[jjgold]

Bet late only whether in horses or sports

Late money is smart money

[OverUnder]

Bet late only whether in horses or sports

Late money is smart money

It does not matter what time you make your bet, A pick is a pick and has nothing to do with the outcome of the game.