2 Main Reasons Why Gamblers Go Bust

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  • polskboy
    SBR MVP
    • 01-29-10
    • 1688

    #36
    Originally posted by Nicky Santoro
    do you think if i made my own #'s.. that i would actually think that that my line will be more accurate than 200 linesmakers who sit there with computers and have 534,242 different things they look at that i dont? how can i even compete with that? what will make me believe that my # will be right and all of these guys are wrong?? these guys do this for a living. do you have any idea how much research is put into making these lines. i have an easier way and less time consuming.. why not just sit there and let them do all the hard work, and then i will just sit down with my hot chocolate, watch the screen and just bet anything that is off that. now isn't that much easier, and much more certain i am doing it right.
    you right
    Comment
    • Jrod124
      SBR Hall of Famer
      • 10-31-09
      • 5622

      #37
      online casinos have to be No. 3
      Comment
      • obamaismyuncle
        SBR Posting Legend
        • 12-31-08
        • 17801

        #38
        Originally posted by Sam Odom
        Its a learning experience

        I've seen a bunch of kids (18-25yo) over the years come on the various forums who were going to become rich betting sports.

        99% ended up as a sad sob story
        Correct. I know ten times more about sports betting now than I did when I placed my first bet around two years ago. Get rich quick thing it is not, that's forsure.
        Comment
        • Karayilan9
          Restricted User
          • 01-10-09
          • 3742

          #39
          No.1 reason most go bust is emotions, they think they are legendary cappers when winning a few game but feel like the world caves in after a few losses. Being emotionally unstable is a curse of the wannabe capper.
          Comment
          • polskboy
            SBR MVP
            • 01-29-10
            • 1688

            #40
            so nicky you dont follow sharp move?
            Comment
            • obamaismyuncle
              SBR Posting Legend
              • 12-31-08
              • 17801

              #41
              They also go bust betting games like tonight. Going all in on the Giants ML -200 cause they see no way the Giants will start the year 1-3. That type of thinking is disasterous.
              Comment
              • Sam Odom
                SBR Aristocracy
                • 10-30-05
                • 58063

                #42
                Originally posted by obamaismyuncle

                Correct. I know ten times more about sports betting now than I did when I placed my first bet around two years ago. Get rich quick thing it is not, that's forsure.

                I've quoted this for years (I forget where/who said it) "Gambling isnt about you against the casino/"man" it is about you against yourself"

                We are our own worst enemy!
                Comment
                • obamaismyuncle
                  SBR Posting Legend
                  • 12-31-08
                  • 17801

                  #43
                  How many SBR posters laid a bunch of cash out on Indy? I'm sure alot of them did and lost a huge load. What was the Indy ML? Like -300 or more..
                  Comment
                  • polskboy
                    SBR MVP
                    • 01-29-10
                    • 1688

                    #44
                    Comment
                    • obamaismyuncle
                      SBR Posting Legend
                      • 12-31-08
                      • 17801

                      #45
                      Originally posted by Sam Odom
                      I've quoted this for years (I forget where/who said it) "Gambling isnt about you against the casino/"man" it is about you against yourself"

                      We are our own worst enemy!

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

                        #46
                        Originally posted by polskboy
                        so nicky you dont follow sharp move?
                        i do it all.. i play steam, i play weak #'s.. i do anything i can to get an edge.
                        any edge you can get, TAKE IT.


                        in order to have a chance to make money in this business, you need to grab every edge you can get.. without this, you have NO CHANCE.. and by that, i mean to end up with the best line possible when that game starts.

                        if you're not beating the closer consistently, then can i give you all advice..... QUIT GAMBLING NOW... before it's too late.. or at least give your money to charity, at least it will go to a good cause because it certainly won't end up in your pockets at the end.. now that i can assure you.
                        Comment
                        • ronald
                          SBR MVP
                          • 10-31-05
                          • 4919

                          #47
                          Originally posted by Nicky Santoro
                          i do it all.. i play steam, i play weak #'s.. i do anything i can to get an edge.
                          any edge you can get, TAKE IT.


                          in order to have a chance to make money in this business, you need to grab every edge you can get.. without this, you have NO CHANCE.. and by that, i mean to end up with the best line possible when that game starts.

                          if you're not beating the closer consistently, then can i give you all advice..... QUIT GAMBLING NOW... before it's too late.. or at least give your money to charity, at least it will go to a good cause because it certainly won't end up in your pockets at the end.. now that i can assure you.
                          Dindon.

                          Grossomodo.
                          Comment
                          • Sam Odom
                            SBR Aristocracy
                            • 10-30-05
                            • 58063

                            #48
                            Originally posted by obamaismyuncle

                            How many SBR posters laid a bunch of cash out on Indy?
                            Attached Files
                            Comment
                            • pavyracer
                              SBR Aristocracy
                              • 04-12-07
                              • 82840

                              #49
                              Originally posted by Nicky Santoro
                              do you think if i made my own #'s.. that i would actually think that that my line will be more accurate than 200 linesmakers who sit there with computers and have 534,242 different things they look at that i dont? how can i even compete with that?

                              what will make me believe that my # will be right and all of these guys are wrong?? these guys do this for a living. do you have any idea how much research is put into making these lines.


                              i have an easier way and less time consuming.. why not just sit there and let them do all the hard work, and then i will just sit down with my hot chocolate, watch the screen and just bet anything that is off that. now isn't that much easier, and much more certain i am doing it right.
                              I'm not saying play every game on the board. Make numbers for all the games you like. Then compare to book's numbers. If the book's number is off play it.

                              For example today I made a number for jets -13. The book had a -5.5. I bet the Jets and they won by 20+ plus. Book makes a mistake you have to capitalize.
                              Comment
                              • Nicky Santoro
                                SBR Posting Legend
                                • 04-08-08
                                • 16103

                                #50
                                this is a very true statement here regarding stats and handicapping...

                                "The more you know, the less successful you will be"


                                every single sports expert, whether it's those ESPN radio guys, OR columnists, or even the 9 guys i know in life who can name you every stat humanly possible, every player in every sport and what college they went to, etc... are all broke or are doing so bad in gambling..

                                and the 8 most successful guys i have met in my life here that gamble, could not name you 60 players in total in american sports. they are just math guys..

                                do you boys still think you can handicap this shit?? oh yeah, that's right, you guys know that team A is 9-2 in night games and 6-0 vs teams in their division.. yeah, that really helps alot..
                                Comment
                                • GELATINOUS CUBE
                                  SBR MVP
                                  • 08-09-09
                                  • 4534

                                  #51
                                  Its def. Better to vary your bet size....


                                  Esp. If you have two bets.

                                  That way you win or lose, because breaking even sux
                                  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

                                    #52
                                    Nicky , you go on one of these rants about 4x year

                                    STFU already
                                    Comment
                                    • GELATINOUS CUBE
                                      SBR MVP
                                      • 08-09-09
                                      • 4534

                                      #53
                                      Good point nickay....

                                      I´m a part time math teacher... And i do pretty good.

                                      Re read basic algebra... Probability and expected value.

                                      Then apply it to each bet you make.
                                      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
                                      • obamaismyuncle
                                        SBR Posting Legend
                                        • 12-31-08
                                        • 17801

                                        #54
                                        Originally posted by Sam Odom
                                        Nicky , you go on one of these rants about 4x year

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

                                          #55
                                          Originally posted by GELATINOUS CUBE
                                          Good point nickay....

                                          I´m a part time math teacher... And i do pretty good.

                                          Re read basic algebra... Probability and expected value.

                                          Then apply it to each bet you make.
                                          finally a guy that understands that gambling has nothing to do with picking winners.

                                          and to the poster above this guy who said i say this 4x a year.. i say this to help the kids here. there might be 8 guys on this board that know me now. everyone is a new face here to me now and no one knows anything about my past here.. so i am only trying to help the kids by educating them before they lose all their money..
                                          Comment
                                          • obamaismyuncle
                                            SBR Posting Legend
                                            • 12-31-08
                                            • 17801

                                            #56
                                            Originally posted by pavyracer
                                            I'm not saying play every game on the board. Make numbers for all the games you like. Then compare to book's numbers. If the book's number is off play it.

                                            For example today I made a number for jets -13. The book had a -5.5. I bet the Jets and they won by 20+ plus. Book makes a mistake you have to capitalize.


                                            alot of shit that comes from this pavyracer dude is definately worth paying attention too..people can learn alot from him.
                                            Comment
                                            • Sam Odom
                                              SBR Aristocracy
                                              • 10-30-05
                                              • 58063

                                              #57
                                              Originally posted by Nicky Santoro

                                              and to the poster above this guy who said i say this 4x a year.. i say this to help the kids here.

                                              you're wasting your breath
                                              Comment
                                              • shari91
                                                BARRELED IN @ SBR!
                                                • 02-23-10
                                                • 32661

                                                #58
                                                If I was actually a decent tennis capper, I'd take Nicky up on his 10k challenge. Come beat the closing number in tennis and let me know how that works out for you. Actually I'll save you the time and money since I've documented it a hundred times over in my thread - beating the closing number in tennis means jack shit. In fact, more times than not you will lose if the price is moving in your favour thanks to all the squares who bet 'name' players and based on ranking, ignoring everything else.

                                                Considering the person who started this thread purports to bet $100 a game on his spreadsheet but also wants us to believe he's using a beard in Vegas to place $3k bets - which most people with half a brain cell would realize was utter bullshit anyway - why should anyone pay attention to his theories on why people go bust? So much for flat betting, huh Gold?

                                                Silly thread although I do think people should pay attention to what Pavy's trying to say in here.
                                                Comment
                                                • obamaismyuncle
                                                  SBR Posting Legend
                                                  • 12-31-08
                                                  • 17801

                                                  #59
                                                  Originally posted by Nicky Santoro
                                                  finally a guy that understands that gambling has nothing to do with picking winners.

                                                  and to the poster above this guy who said i say this 4x a year.. i say this to help the kids here. there might be 8 guys on this board that know me now. everyone is a new face here to me now and no one knows anything about my past here.. so i am only trying to help the kids by educating them before they lose all their money..

                                                  Not to be a dick but you come off like Fishhead, you're not gonna help any kids, you will just confuse the fukk out of them just like Fishhead.
                                                  Comment
                                                  • TodaysAction
                                                    Restricted User
                                                    • 08-01-08
                                                    • 12762

                                                    #60
                                                    Originally posted by jjgold
                                                    Bet more than they should
                                                    Do not bet same amount per game all the time
                                                    One needs to pick/select/wager more action/games correct against the line they took.

                                                    In certain situations it's better to flat bet, just like to weigh it.

                                                    Know your strengths as well as your weaknesses and take advantage of them.
                                                    Comment
                                                    • statnerds
                                                      SBR MVP
                                                      • 09-23-09
                                                      • 4047

                                                      #61
                                                      JJ is awesome at generating traffic. I have yet to read through this, but any time I see Nicky post multiple times in a thread, I am gonna read that bitch.

                                                      and if no one said so yet, the main reason guys go bust is because the House has a infinite BR and you do not. Variance is mudderfukker...
                                                      Comment
                                                      • constrictor
                                                        SBR Wise Guy
                                                        • 06-08-09
                                                        • 668

                                                        #62
                                                        this thread is useful
                                                        Comment
                                                        • byronbb
                                                          SBR MVP
                                                          • 11-13-08
                                                          • 3067

                                                          #63
                                                          When you add up their loses it is greater than their income.
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388179

                                                            #64
                                                            Well if you tell me betting lets say $50 on 2 games and then betting maybe $80 on another and the the next night you bet one game for $300 is a good thing I swear you need to stop gambling now

                                                            There is no such thing as a team having a better shot to win a game vs other plays.
                                                            Comment
                                                            • TodaysAction
                                                              Restricted User
                                                              • 08-01-08
                                                              • 12762

                                                              #65
                                                              People will back stronger opinions with more money - right or wrong isn't the question, this is fact.
                                                              Comment
                                                              • polskboy
                                                                SBR MVP
                                                                • 01-29-10
                                                                • 1688

                                                                #66
                                                                Originally posted by jjgold
                                                                Well if you tell me betting lets say $50 on 2 games and then betting maybe $80 on another and the the next night you bet one game for $300 is a good thing I swear you need to stop gambling now There is no such thing as a team having a better shot to win a game vs other plays.
                                                                true statement jj.
                                                                Comment
                                                                • donjuan
                                                                  SBR MVP
                                                                  • 08-29-07
                                                                  • 3993

                                                                  #67
                                                                  Nicky,

                                                                  Who do you think moves lines if no one wins at handicapping? God?
                                                                  Comment
                                                                  • Nicky Santoro
                                                                    SBR Posting Legend
                                                                    • 04-08-08
                                                                    • 16103

                                                                    #68
                                                                    Originally posted by donjuan
                                                                    Nicky,

                                                                    Who do you think moves lines if no one wins at handicapping? God?
                                                                    donny, welcome back, i thought you were dead. i haven't seen you in yrs.. donny, you know damn right what i mean... i am talking about the kids here and your everyday gambler that handicaps games and lays -110 and never shop.. not those computer groups, syndicates, and pros out there...

                                                                    there's only a handful of them worldwide and there are certainly none at SBR..
                                                                    Comment
                                                                    • frostno98
                                                                      SBR Hall of Famer
                                                                      • 09-11-07
                                                                      • 9769

                                                                      #69
                                                                      Originally posted by Nicky Santoro;66***93
                                                                      alot of you might not like to hear this, but its FACT..

                                                                      gambling has NOTHING to do with being able to pick winners. that's right.. NOTHING..

                                                                      Then would you kindly explain Playboys 15-0 winning streak
                                                                      Comment
                                                                      • TexansFan
                                                                        SBR MVP
                                                                        • 09-06-06
                                                                        • 3365

                                                                        #70
                                                                        If you don't know the math then you should be flat betting.
                                                                        Comment
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