True or false: recreational gamblers = people with poor money management skills

[pico]

definition of rec gambler is someone who bets occasionally for entertainment. good money management requires only bet when there is an edge. i argue that is very hard for a rec gambler to do...if not impossible. first, rec gambler is not doing this full time so they don't have enough experience to accurately estimate an edge. second, they tend to bet more games that is on tv. third, when you cap a sport, you kind of have to stick with it...that is pretty hard to do part time. fourth, good money management skills = boring.

[LVHerbie]

I doubt most rec gamblers would be winners even if they had an unlimited amount of time to dedicate to it...

[ritehook]

definition of rec gambler is someone who bets occasionally for entertainment. good money management requires only bet when there is an edge. i argue that is very hard for a rec gambler to do...if not impossible. first, rec gambler is not doing this full time so they don't have enough experience to accurately estimate an edge. second, they tend to bet more games that is on tv. third, when you cap a sport, you kind of have to stick with it...that is pretty hard to do part time. fourth, good money management skills = boring.

what you say is correct. Recreational gamblers don't have poor money management - they have none.

But one can do it part-time and still do it in a reasonably professional manner, if one limits ones sports.

[Francis Sollozzo]

Fade the coin flip works well , heads = home team ; tails = visitors.

So , if the flip is heads then you bet the visitors

do a martingale betting system

[topcat]

what you say is correct. Recreational gamblers don't have poor money management - they have none.

But one can do it part-time and still do it in a reasonably professional manner, if one limits ones sports.

i agree with your post,but i also feel that they do it for fun.just something do,instead of watching a movie,they sit down in their lazyboy,and bet a game.

[pico]

from time to time it is very hard to resist to bet a game that you're going to watch.

[shady610]

I am a rec gambler. I dont bet all the time but i enjoy the science of it. Meaning, i love to look at lines, play poker, read about gambling, watch documenatraies on it.

I dont have an offshore or local book. My sports gambling is done through a friend in vegas and is always a big fight.

I also dont look for an edge. Long term you lose anyway so there really is no edge. Ive always said that capping is more about justifying a pick rather than finding a winner.

I dont remember what the ts was talking about now, so this is my 2 cents. lol

[pico]

I am a rec gambler. I dont bet all the time but i enjoy the science of it. Meaning, i love to look at lines, play poker, read about gambling, watch documenatraies on it.

I dont have an offshore or local book. My sports gambling is done through a friend in vegas and is always a big fight.

I also dont look for an edge. Long term you lose anyway so there really is no edge. Ive always said that capping is more about justifying a pick rather than finding a winner.

I dont remember what the ts was talking about now, so this is my 2 cents. lol

haha...sound like one of my friend...almost word for word. i think he is about even over lifetime.

[frostno98]

Yes, Just my opinion, Rec do have poor money management skillz. Their are many times where I had $100 dollar bankroll converted into a couple dimes within a week or two, and end losing it back in 3 days by betting more than I should.

[donjuan]

I also dont look for an edge. Long term you lose anyway so there really is no edge.

You lose. At life.