Nickel's No-Bullshit Old-School Betting Thread

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  • Nickelicious
    SBR MVP
    • 05-21-09
    • 2647

    #1
    Nickel's No-Bullshit Old-School Betting Thread
    I've had a few people PM me and asking if I had my own picks thread, and I told them I didn't do those because it wasn't worth the trouble or the time. Especially the trouble, since on this forum, as soon as you lose a few in a row you are worse than gutter slime and last week's sour milk. But let's just say fuk that for now, start this thread, and see if I can keep from losing my bankroll in the blink of an eye. I can guarantee you this: This will be a no-bullshit capping thread (for NFL, NCAAF, NBA, NCAAB and MLB) with carefully tracked wagers and bankroll status. What I post is what I believe, and even though every opinion is subject to change over time, all game-time wagers are live and verifiable right here, post by post.


    One thing is for sure: I will make some very long posts on this thread, beginning with the first one right here. If you don't have time to read my wild-ass betting strategies and capping rationale, you can just keep track my picks in this thread from the bold blue type, because if I put it in bold blue, then I have already bet it myself.

    Lemme start by citing my ultra-hot, verifiable stats to get you all excited:

    NFL Football: 19-4-1 +20.7 units in Beat the prick Contest for the last 6 weeks (8-18-1 in the first 6 weeks), currently 83rd of 1,000 players:


    NFL Football: 18-6-2 +46.20 units in NFL Bodog Contest, finishing 1st of 123 players:


    NBA Basketball: 13-6-2, +23.02 units in weekly SBR capping contest, finishing 3rd of 31 players:


    College Football: 8-2-0, +9.60 units in weekly SBR capping contest, finishing 1st of 24 players:


    These results are proof that I can get hot at least once in my life! And in fact, I have gotten hot a lot more than once. But when it comes to getting on a hot streak, I think most players never really know when the streak will begin and when it will end. The same rule applies to me. I've had a hot streak going for about three weeks now, but I have no idea why it began or when it will end. But with any luck it will continue going for a few more weeks.

    Fair Warning: I am not your conventional bettor. I've been sports gambling for about 30 years, since my little brother and I used to hit up Vegas a few times a year to bet sports, play blackjack, get free rooms, get drunk, smoke pot, get laid, and have fun. That was a blast and I kept it up for many years, but I didn't take sports gambling seriously until a couple years ago. I won and lost a lot of money those past couple years and I hope I've learned a few things about gambling and my personal approach to risk taking.

    I'm no genius, but I understand what it takes to be consistently successful in sports gambling over a long period of time. Finding the best line, judging public trends, capping the game itself, beating the closing line, knowing when to escalate risk and hedging high risk, and achieving 54% winners.

    It's all groovy stuff, but like many others on this forum, I am into high-risk, high-reward gambling. This approach is not profitable over a long period of time, but I am only looking for success in the next two or three months, not the next two or three decades. If I can hit a few between now and February, I can set up for NBA and MLB betting in 2011. Then I can re-evaluate my risk strategy.

    Old-timers on this forum may recall that last year I posted some wild threads about "Morrison Twists" that made some heavy cash most of the time. This thread will do the same, as I try to leverage some systems and delicately balanced capping strategies to lock in a few big winners. If you are an amateur gambler who's willing to take risks, you can tail me, but don't blame me if you lose. Because I never blame anyone if I lose my ass gambling; I make my own picks based on what I believe, not what anyone else believes.

    This is already way too long for a first post, so I will launch this thread now and follow up with some picks in a little while. These picks include NFL and NBA picks that conclude on Monday, December 6, so stay tuned. Just be prepared for some rather unconventional betting strategies that may end up getting ridiculed for being "too-high risk" right here in this thread. I can handle the criticism, because most of the critics are pretty lousy gamblers themselves. And if the smart money critics give me any shit, then rest assured I will listen to their critiques. Because I know I am not the best capper on this forum by a long shot. But I just might be the most fun.

    I like to have fun while I'm losing.
  • Nickelicious
    SBR MVP
    • 05-21-09
    • 2647

    #2
    Okay, here is my first rule of betting for this week:

    Bet on the Heat against any spread until they lose two games in a row ATS.

    That's the rule. And we might want to modify it if the Heat lose two games in a row ATS (because we might bet on them yet again), but for now, that is my best bet this week.

    Miami woke up when they played Cleveland and crushed them with their offense. Two days after waking up, they shut down Atlanta with their defense. Lebron, Wade and Bosh might be ready to get on track for that NBA championship run that we ALL KNOW THEY WILL DO. But the computer stats are still not recognizing this new Miami Heat. They think the Heat are -1 against the Bucks on Monday, and the spread is -5. I think the Heat win by 10. I will bet the Heat until they lose ATS.

    I think the Heat have a lot of good value until they win five or six games in a row.
    Last edited by Nickelicious; 12-06-10, 04:17 AM.
    Comment
    • Nickelicious
      SBR MVP
      • 05-21-09
      • 2647

      #3
      I want to establish my bankroll and my unit value. My bankroll is $10,000. My unit value is 1% of my base, which means my unit value is $100. My risk value against -110 is $110 and against -130 it is $130. All <EV bets are for $100 a unit. All values will be identified when my wagers are placed. Unit values may be adjusted if my bankroll rises or falls dramatically.

      This should make it very easy for anyone to track my performance on this thread, which is likely to suck penguin balls.
      Comment
      • dfberger23
        SBR Hall of Famer
        • 11-08-10
        • 5069

        #4
        Originally posted by Nickelicious
        Okay, here is my first rule of betting for this week:

        Bet on the Heat against any spread until they lose two games in a row ATS.

        That's the rule. And we might want to modify it if the Heat lose two games in a row ATS (because we might bet on them yet again), but for now, that is my best bet this week.

        Miami woke up when they played Cleveland and crushed them with their offense. Two days after waking up, they shut down Atlanta with their defense. Lebron, Wade and Bosh might be ready to get on track for that NBA championship run that we ALL KNOW THEY WILL DO. But the computer stats are still not recognizing this new Miami Heat. They think the Heat are -1 against the Bucks on Monday, and the spread is -5. I think the Heat win by 10. I will bet the Heat until they lose ATS.

        I think the Heat have a lot of good value until they win five or six games in a row.
        I am all over Miami too, expected line to be at 8 or 9.
        Comment
        • Nickelicious
          SBR MVP
          • 05-21-09
          • 2647

          #5
          These are my current wagers for the NBA and NFL:

          Miami Heat -5 / -110 / $330 to win 300

          Indianapolis -2.5 / -110 / $330 to win 300 (I am so tempted to go higher)
          Comment
          • hhsilver
            SBR Hall of Famer
            • 06-07-07
            • 7375

            #6
            Originally posted by Nickelicious
            ......

            ............ Because I know I am not the best capper on this forum by a long shot. But I just might be the most fun.

            I like to have fun while I'm losing.
            But you may very well be the best writer here. I look forward to checking into this thread.

            And having fun while losing is a key to , not just gambling , but life.
            Comment
            • MadTiger
              SBR MVP
              • 04-19-09
              • 2724

              #7
              Your bona fides are solid, from the tracked contests.

              Hope to see good things from you.

              (It is true: you never know when your streaks will begin and end. I spent most of the fall kicking micro-poker and small-time sportsbetting ass, hitting horses, NFL, and even a little NBA. It's starting to leave me, though.)
              Comment
              • SCRAGGS
                SBR MVP
                • 05-21-09
                • 1969

                #8
                like you style and look forward to following this, Gl bro.

                just be ready for evey yahoo new member sucking your cock after your first win.
                I wish you could lock this so it does not turn into a play by play during the games
                like it did on the other threads....."whoo hooo one more score and we are having lobster"

                I can do without that.
                Comment
                • Nickelicious
                  SBR MVP
                  • 05-21-09
                  • 2647

                  #9
                  Well, that was an easy win with the Heat yesterday. I also had the Patriots for $330 risk but I neglected to put them in this thread, so I won't be counting that here. So my official thread balance is $10,300.

                  I also have this current wager already on the books: Indianapolis -2.5 / -110 / $330 to win 300

                  This is where things begin to get tricky. I have placed the following wagers today:

                  NBA straight bet
                  [703] Denver -1½-110
                  220.00 / 100.00

                  CBB Straight bet
                  [717] Memphis U +11½-110
                  220.00 / 100.00

                  Parlay (4 teams)
                  [101] Indianapolis -3-110
                  [117] Atlanta -7-115
                  [703] Denver -1½-110
                  [717] Memphis U +11½-110
                  100.00 / 1200.50

                  Parlay (4 teams)
                  [101] Indianapolis -3-110
                  [117] Atlanta -7-115
                  [703] Denver -1½-110
                  [718] Kansas -11½-110
                  33.00 / 396.17


                  The two straight bets: I think the Nuggets continue their hot streak tonight in Charlotte. They've won 7 in a row and as long as they are focused on tonight's game and not looking ahead to tomorrow's clash with the Celtics, they should squeeze out this victory. Charlotte is even worse than their 7-13 record indicates; they are 1-9 against winning teams. Denver is more than just a winning team, they are an excellent team. If the Nuggets win, they will be gifting George Karl his 1,000th career victory.

                  The Memphis Tigers have too much raw talent to let Kansas run away from them in Madison Square Garden. MSG is like a second home to Memphis, they have played there so much. Super freshman Will Barton was added to the starting line-up prior to their last game and scored 8 points after having back-to-back 20 point efforts. I think he will snap back to form tonight under the bright lights of the Jimmy V Classic. The Tigers have been inconsistent so far this season, but with this game on national TV I wouldn't be shocked at all if Memphis won this game straight up.

                  The two parlays: This is nothing new to most gamblers, but it might be new to some people. This is a tactic that can only be effectively achieved during the football season: Spreading out parlay plays over several nights of action. Some people frown upon this strategy, but I really enjoy it. The objective is to pick out two games tonight that you really like and two games later in the week that you really like. Box up the lesser of your two picks on tonight's action and see if you can get one parlay to survive tonight's games.

                  So my risk/reward on two parlays of this type is usually:
                  133 to win 1200 on the play I like most.
                  133 to win 400 on my back-up parlay.

                  If Denver doesn't beat the spread tonight, I will lose both parlays tonight. If they do beat the spread, I am guaranteed to have one 4-team parlay survive the night and move on to Thursday's Colts game. And if Memphis covers the spread, I will have a sweet 4-team parlay with two legs to go. Of course, that could end with the Colts or with Atlanta on Sunday (one of my favorite plays), but if I make it to Sunday I can hedge the parlay so I will have at least a small profit no matter the outcome of the Falcons game.

                  I play a lot of these parlays and sometimes for much greater odds than a 4-teamer. I hit an 8-teamer a couple weeks ago. But I did pretty bad (small loss) with them last week. So for the sake of this thread, I'm going "conservative" here.
                  Last edited by Nickelicious; 12-07-10, 04:56 PM.
                  Comment
                  • Rod1010
                    SBR Hall of Famer
                    • 09-01-10
                    • 6208

                    #10
                    gl man looks good !
                    Comment
                    • Nickelicious
                      SBR MVP
                      • 05-21-09
                      • 2647

                      #11
                      I should edit the parlay risk/reward to read that I am risking 133 to win either 1200 or 400. I am not risking 133 on each of the two parlays, but on both parlays at once.
                      Comment
                      • daneault23
                        SBR MVP
                        • 09-08-09
                        • 3863

                        #12
                        Is the Denver bet for $200 or $100? It says 220 to win 100
                        Comment
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