Bad runs...

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  • Justin7
    SBR Hall of Famer
    • 07-31-06
    • 8577

    #71
    Originally posted by Ben Dover
    lol at market getting smarter.

    Look:
    Its allways you against the oddsmaker. If you`r better than him, you`ll end up +units in the longrun. (you know this)

    Keep doing your own thing and find the mistakes the oddsmakers make.
    This is true if you are betting into openers. What if you want to bet more than opening limits allow?
    Comment
    • Brick
      SBR Wise Guy
      • 08-13-09
      • 652

      #72
      Originally posted by Masu485
      I'd rather go 26-46 than 0-20.
      you are one smart cookie
      Comment
      • big0mar
        SBR MVP
        • 01-09-09
        • 3374

        #73
        If you hit a bad losing streak, it is always a good idea to go back and re-evaluate your system

        Very likely the books have figured out where you were getting your edge from

        This has happened to me before. When it does, I'll usually take a few days off and try to figure things out
        [B][B]They key isn't getting rich quick. The key is getting rich slowly, and enjoying it.

        [/B][/B][SIZE=1][URL="http://forum.sbrforum.com/sbr-points/490161-points-available-loan.html#post4633361"][/URL][/SIZE]
        Comment
        • Ben Dover
          SBR Rookie
          • 02-18-11
          • 11

          #74
          Originally posted by Justin7
          This is true if you are betting into openers. What if you want to bet more than opening limits allow?
          Im not that "high" yet. But good question tough.
          anyone with a aswer to this is highly "praised" (couse im getting there)
          Guess "one" have to move that € around like a MF to bet at "your" limit if needed to.

          Anyway:
          to be in the "hole" sucks big..
          The answer is to not bet bigger couse you loose right?

          Man do I feel small coming to this forum. Thought I was "the king" of the betting indutry. Now i realize my 250€/bet (2,5% of BR) isn`t that big of a deal.
          Comment
          • Scorpion
            SBR Hall of Famer
            • 09-04-05
            • 7797

            #75
            If you bet 1-2 units/game and yout bet size is 2-3% of your bankroll then do nothing
            If you bet 10 units on one game and 1 unit on another and so on on another then I dont know
            Comment
            • tickingclock1
              SBR High Roller
              • 09-05-10
              • 162

              #76
              Keep betting. Itll turn around.
              Comment
              • Domer
                SBR MVP
                • 01-21-10
                • 1046

                #77
                anytime i have a bad day, and ive had a few 5-digit loss days, i usually just take a 20 minute shower and go over it many dozen times in my head attempting to reconstruct what went wrong. sometimes i chalk it up to variance, sometimes i install a new rule, but its nothing a shower and maybe a few hours of killing newbs on call of duty cant fix. losing runs can and will make you sharper, because they force you to reassess and not be lazy.

                by the way, if you already know the answer, why are you lording it over people instead of just discussing it? a bit counter-intuitive.
                Comment
                • wtf
                  SBR Posting Legend
                  • 08-22-08
                  • 12983

                  #78
                  Originally posted by DrStale

                  Haha, well clearly one of us can't read. He definitely did not ask for advice. Moron.
                  What do you guys do when you hit a run like this? (This is a serious question, and there is a "right" answer I am looking for).


                  hey dumb fukin jagoff

                  what part of justin's question is not a question

                  question in the english language end with one of these ? for future reference

                  dont you have some food stamps to give to fat people ? stop posting loser
                  Comment
                  • Dark Horse
                    SBR Posting Legend
                    • 12-14-05
                    • 13764

                    #79
                    Originally posted by Justin7
                    Sunde,

                    You're the only one anywhere close.

                    If you won in the past, will you continue winning going forward? What if the market got smarter? How can you tell whether a winning approach in the past is still good, or is now crap due to a smarter market?

                    The market did get smarter. One way of telling is that basketball and football markets were upgraded faster than, say, hockey. Call it the Excel acceleration. Continuing to upgrade and improve models/methods is now far more important than in the past. RAS totals no longer work, do they? He's not the only sharp experiencing this. If longterm winners are 'all' having a harder time, something is going on. It used to be enough to be just ahead of the curve. But now?

                    Can sharps continue to win? Of course. But it is up to each to decide how far ahead he sets his goal (1 year ahead of market, 20 years ahead?), and, last but not least, how much or little of his trade he is willing to discuss with others. I could definitely see a movement towards greater secrecy.
                    Comment
                    • opie1988
                      SBR Posting Legend
                      • 09-12-10
                      • 23429

                      #80
                      Originally posted by Justin7

                      Sunde,

                      You're the only one anywhere close.

                      If you won in the past, will you continue winning going forward? What if the market got smarter? How can you tell whether a winning approach in the past is still good, or is now crap due to a smarter market?
                      How is this the "only one even close"?

                      This is exactly the same thing I said.....I simply used fewer words, and attempted to verbalize it in laymen's terms for the sake of the market audience.

                      The end result arrives at the same conclusion. As do many of the other posts. "Change Nothing" is a fairly ubiquitous answer when you are somewhat familiar with the source of the question.

                      Sooooooo........kinda thinkin' I deserve those 20 points as well. Let's go with 'em!

                      Thanks in advance, friend!
                      Comment
                      • DrStale
                        SBR Hall of Famer
                        • 12-07-08
                        • 9692

                        #81
                        Originally posted by wtf

                        What do you guys do when you hit a run like this? (This is a serious question, and there is a "right" answer I am looking for).


                        hey dumb fukin jagoff

                        what part of justin's question is not a question

                        question in the english language end with one of these ? for future reference

                        dont you have some food stamps to give to fat people ? stop posting loser
                        You can't be serious. Did you even read what you copied? There is a RIGHT answer he is looking for. He is looking to see if someone can give him the correct answer that he already has. Justin has been doing this since you were absorbing the Budweiser and Marlboros that your mom was downing while pregnant, he's not asking for advice and he's certainly not doing it in Players Talk.

                        Now run off to your trailer and your meth lab hillbilly.
                        Originally posted by Dark Horse
                        If with religion you mean belief system, your belief system is your religion. Again, it matters not what it is. You believe in it, you are loyal to it, would defend it, and yet have no proof of it, other than that, at one point or another, you chose to believe in it. Self-hypnosis. What if there were a snapping of fingers that broke the hypnosis?
                        Comment
                        • pavyracer
                          SBR Aristocracy
                          • 04-12-07
                          • 82839

                          #82
                          I agree with DrStale. Justin knows the answer. He is just trying to see if any of us mortals know the answer. Justin is infallible just like the Pope.
                          Comment
                          • opie1988
                            SBR Posting Legend
                            • 09-12-10
                            • 23429

                            #83
                            Originally posted by Domer
                            anytime i have a bad day, and ive had a few 5-digit loss days, i usually just take a 20 minute shower and go over it many dozen times in my head attempting to reconstruct what went wrong. sometimes i chalk it up to variance, sometimes i install a new rule, but its nothing a shower and maybe a few hours of killing newbs on call of duty cant fix. losing runs can and will make you sharper, because they force you to reassess and not be lazy.

                            by the way, if you already know the answer, why are you lording it over people instead of just discussing it? a bit counter-intuitive.


                            He can't help it.....he's an attorney.
                            Comment
                            • str
                              SBR Posting Legend
                              • 01-12-09
                              • 11787

                              #84
                              Justin, is Conquering Risk your book?
                              Comment
                              • Cuse0323
                                BARRELED IN @ SBR!
                                • 12-09-09
                                • 30169

                                #85
                                all-in 4 team parlay
                                Comment
                                • psv777ua
                                  SBR MVP
                                  • 03-17-10
                                  • 2837

                                  #86
                                  Taking a few days or weeks break
                                  Comment
                                  • Dark Horse
                                    SBR Posting Legend
                                    • 12-14-05
                                    • 13764

                                    #87
                                    Originally posted by pavyracer
                                    I agree with DrStale. Justin knows the answer. He is just trying to see if any of us mortals know the answer. Justin is infallible just like the Pope.
                                    and the 26-46 (or whatever) record was just to set up the question.
                                    Comment
                                    • lyon804
                                      SBR Hall of Famer
                                      • 11-02-09
                                      • 6526

                                      #88
                                      26-46 bad run and the question is what do you do?


                                      Chances are if you are still moving forward you already know the answer.


                                      The answer for the mass population is simple. RELOAD
                                      Comment
                                      • spargament
                                        SBR MVP
                                        • 12-22-09
                                        • 1739

                                        #89
                                        Originally posted by obamaismyuncle
                                        fade yourself, seriously fade your own leans
                                        Comment
                                        • jsell2200
                                          SBR High Roller
                                          • 01-26-11
                                          • 189

                                          #90
                                          If you know there is a right answer...why are you asking the question ???
                                          Comment
                                          • Justin7
                                            SBR Hall of Famer
                                            • 07-31-06
                                            • 8577

                                            #91
                                            Originally posted by jsell2200
                                            If you know there is a right answer...why are you asking the question ???
                                            For the same reason I've done about 100 videos -- to help people do better at sports betting.
                                            Comment
                                            • Iwinyourmoney
                                              SBR Posting Legend
                                              • 04-18-07
                                              • 18368

                                              #92
                                              Write another book on how to handle cold streaks.

                                              Have interviews with Landers, Gold, and Sammy. Kings of cold streaks
                                              Comment
                                              • eidolon
                                                SBR Hall of Famer
                                                • 01-02-08
                                                • 9531

                                                #93
                                                if you are using a pure 100% system for your bets: then change nothing.

                                                if you make the final say on your bets, then go back over them and learn from them.
                                                Comment
                                                • ssk13809
                                                  SBR MVP
                                                  • 08-25-10
                                                  • 2595

                                                  #94
                                                  And I thought I was having a bad run


                                                  Isn't this the guy who was challenging Bookmaker or something? Thinking he was good and said "Bookmaker bring it on". Looks like we know who got owned in that battle.
                                                  Comment
                                                  • Dark Horse
                                                    SBR Posting Legend
                                                    • 12-14-05
                                                    • 13764

                                                    #95
                                                    Originally posted by eidolon
                                                    if you are using a pure 100% system for your bets: then change nothing.
                                                    A model should always be checked for the present season. What works one year may not work the next. And what worked two years ago, but not last year, may be on again. That's one of the stranger things about sports.

                                                    The best models are for all seasons, but those require far more work than the relatively simple Excel approaches used by most modelers. If you want to take the model-for-all-seasons approach, that model should be considered 'in progress' until it can no longer be surprised. (and a 26-46 run is definitely in the surprise file: I would not take the know-it-all, it's-all-part-of-the-game approach here; the record is telling you you're missing something).
                                                    Comment
                                                    • RickySteve
                                                      Restricted User
                                                      • 01-31-06
                                                      • 3415

                                                      #96


                                                      DH,

                                                      Which other handicapping books have inspired you?
                                                      Comment
                                                      • Dark Horse
                                                        SBR Posting Legend
                                                        • 12-14-05
                                                        • 13764

                                                        #97
                                                        Ricky. You don't have the faintest clue of what I'm talking about. And we should definitely keep it that way.

                                                        By the way, does that book have pictures?
                                                        Comment
                                                        • Winner_13
                                                          SBR MVP
                                                          • 01-04-10
                                                          • 1744

                                                          #98
                                                          Its variance...if you think your method is not going to work in the future write your plays down on paper grade them and see how they do. see if openers moved in ur favor (if line moves against you) if you realize its not at the % it used to be (moving in ur favor) then that would be a sign market got smarter


                                                          other than that I watch a jjgold video, and realize its part of the process and to not change one bit if you got that edge and imagine when your winning again just like how you were b4, after a while you handle variance and expect it


                                                          I havent taken the time to read all the responses but what I said has probably already been said.
                                                          Comment
                                                          • big0mar
                                                            SBR MVP
                                                            • 01-09-09
                                                            • 3374

                                                            #99
                                                            Originally posted by Dark Horse
                                                            Ricky. You don't have the faintest clue of what I'm talking about. And we should definitely keep it that way.

                                                            By the way, does that book have pictures?

                                                            [B][B]They key isn't getting rich quick. The key is getting rich slowly, and enjoying it.

                                                            [/B][/B][SIZE=1][URL="http://forum.sbrforum.com/sbr-points/490161-points-available-loan.html#post4633361"][/URL][/SIZE]
                                                            Comment
                                                            • tofuman
                                                              SBR Wise Guy
                                                              • 01-11-10
                                                              • 887

                                                              #100
                                                              #1 you are taking way too many plays per day
                                                              #2 recalculate unit size everyday.. preservation of capital is key.

                                                              p.s. i also got crushed this weekend, sat went 2-10, and sunday went 0-3. ouch.. i am hurting from it.
                                                              local forum troll
                                                              Comment
                                                              • Whippit
                                                                Restricted User
                                                                • 04-29-10
                                                                • 3065

                                                                #101
                                                                put remaining bankroll into bonds
                                                                Comment
                                                                • mr.ed
                                                                  SBR High Roller
                                                                  • 09-07-07
                                                                  • 211

                                                                  #102
                                                                  I will take a stab at the right answer.

                                                                  If a model has an expected win rate of 53% a game, you could determine the probablility of a 26-46 streak occuring. If this can be expected to occur once a season based on a rather agressive wagering pattern of 25 bets per day, then carry on business as usual. If, on the other hand, the probability of going through such a streak is one in a billion, then the model that is used to generate plays is most likely flawed.

                                                                  Off the top of my head I would say the odds of flipping a 53% weighted coin 72 times and only "winning" 26 times would be 1 in a million....so there must be a problem with the coin/model.
                                                                  Comment
                                                                  • JohnGalt2341
                                                                    SBR Hall of Famer
                                                                    • 12-31-09
                                                                    • 9138

                                                                    #103
                                                                    Originally posted by blackbart
                                                                    bang a fat chick and forget about it. keep bettin every game you have an edge
                                                                    I was nearly certain that this was the correct answer.

                                                                    For me, when I go on a bad run it usually makes me study harder and narrow down my picks to just my top few until I can get back in my groove again.
                                                                    Comment
                                                                    • FourLengthsClear
                                                                      SBR MVP
                                                                      • 12-29-10
                                                                      • 3808

                                                                      #104
                                                                      Originally posted by mr.ed
                                                                      I will take a stab at the right answer.

                                                                      If a model has an expected win rate of 53% a game, you could determine the probablility of a 26-46 streak occuring. If this can be expected to occur once a season based on a rather agressive wagering pattern of 25 bets per day, then carry on business as usual. If, on the other hand, the probability of going through such a streak is one in a billion, then the model that is used to generate plays is most likely flawed.

                                                                      Off the top of my head I would say the odds of flipping a 53% weighted coin 72 times and only "winning" 26 times would be 1 in a million....so there must be a problem with the coin/model.
                                                                      I was suggest you use a calculator.
                                                                      Not even close.
                                                                      Comment
                                                                      • mr.ed
                                                                        SBR High Roller
                                                                        • 09-07-07
                                                                        • 211

                                                                        #105
                                                                        sorry...don't know how to calculate but would be interested in the correct answer....
                                                                        Comment
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