It's been a rough year..

mrmarket · 08-22-11, 05:58 AM

So you're going to throw away the money you have left to rebuild from no money in the effort to get money. Makes sense.

Toot toot here comes the pity train all aboard!

refrain87 · 08-22-11, 06:11 AM

If you're in a negative drought, don't you think it's a bad time to go all in?

. Good luck to ya if you do so man. Hate to see anyone go broke.

shari91 · 08-22-11, 06:11 AM

not a good idea

easywinner · 08-22-11, 06:27 AM

Originally posted by mrmarket

So you're going to throw away the money you have left to rebuild from no money in the effort to get money. Makes sense.

Toot toot here comes the pity train all aboard!

What's to say I'm going to lose? I think you might have missed my point. It's not about the money. I would be doing it for the thrill and either the morale boost or the lesson. I'm actually not having a bad year financially, it's all other aspects of my life. I'm not asking for any sympathy just opinions. Thoreau is one of my favorite authors, that may or may not resonate with you. I appreciate your input, you obviously think it would be a rather foolish move but i think you are looking at it just from the money aspect and nothing else. I'm looking at it from a complete life aspect.

Inkwell77 · 08-22-11, 06:33 AM

I would keep more than a grand. Keep $3,000, a much safer amount in case you can't get a job or some form of income.

Much respect if you go through with this dude. Gotta love a guy living life and taking a risk!

Tech N9ne · 08-22-11, 06:40 AM

Put down the bottle and go to a GA meeting

easywinner · 08-22-11, 06:40 AM

Originally posted by refrain87

If you're in a negative drought, don't you think it's a bad time to go all in?

. Good luck to ya if you do so man. Hate to see anyone go broke.

Past results have nothing to do with future bets though right? So just because I'm in a hole in life doesn't mean that i will surely lose my next bet. Much like people that play baccarat, just because there have been 7 "player" in a row doesn't mean that the next hand will be "player" it could as easily be "banker." I should have clarified. It hasn't been a bad year betting on sports, i actually haven't made that many bets this year at all. It has just been a bad year in other aspects of my life and all around. Sports is my hobby and is why i am drawn to it for this potential decision. It's not because I've like lost 10 bets in a row and just want to go all in. Thanks for your opinion.

zam77 · 08-22-11, 06:45 AM

how much money we talking here? then I'll give my opinion...

doublej95 · 08-22-11, 06:48 AM

Go for it. Landers style

GreekMagic · 08-22-11, 06:53 AM

Guaranteed you'll win and want to let it ride again. Dont start cause you'll never stop.

Think you're at a low point in your life? Just picture yourself sucking rooster in a Vegas casino washroom for dollar chips.

easywinner · 08-22-11, 06:54 AM

Originally posted by doublej95

Go for it. Landers style

I guess i missed that or it was before i joined. Can you fill me in on what happened with that? Thanks.

WvGambler · 08-22-11, 07:05 AM

I say go for it. No hair off my ass either way.

easywinner · 08-22-11, 07:06 AM

Originally posted by zam77

how much money we talking here? then I'll give my opinion...

Well i guess the word "much" is all relative to the individual. Compared to others on here that are older and big spenders, likely not that much. I'm in my early 20's and spent 4 years of my life in the military pretty much making minimum wage when calculated out and i grew up poor without inheriting anything. I'm guessing the total would be somewhere around $50K. I've lived a modest life to this point but i also have friends my age that are thousands of dollars in debt from college, with no job and living with their parents. I also know people who have decent jobs but haven't managed to save hardly anything, so again it's all relative i suppose.

easywinner · 08-22-11, 07:13 AM

Originally posted by GreekMagic

Guaranteed you'll win and want to let it ride again. Dont start cause you'll never stop.

Think you're at a low point in your life? Just picture yourself sucking rooster in a Vegas casino washroom for dollar chips.

Naw, this is a one and done type thing if i do it, just for the experience. I have self control. The second sentence will never happen cause I don't switch hit and I'm the hell out of Vegas after the bet is settled either way. If i win they will just erode my money over time, if i lose there aren't any jobs there. So i wouldn't stay there long.

mrmarket · 08-22-11, 07:19 AM

Originally posted by easywinner

What's to say I'm going to lose? I think you might have missed my point. It's not about the money. I would be doing it for the thrill and either the morale boost or the lesson. I'm actually not having a bad year financially, it's all other aspects of my life. I'm not asking for any sympathy just opinions. Thoreau is one of my favorite authors, that may or may not resonate with you. I appreciate your input, you obviously think it would be a rather foolish move but i think you are looking at it just from the money aspect and nothing else. I'm looking at it from a complete life aspect.

So you're comparing Thoreau's adventures in voluntary simplicity with going on a gambling spree with what's left of your money in Vegas hoping to strike it big. "But listen d00d If I lose though it's cool because I start again from $0.00 and get some life perspective to justify my crap decisions" Cool story brah! Your "journey" is what paved the streets of Las Vegas.

If you dislike where your life is going just change it. Everything these days has to be a "challenge" or "adventure" that just has to be shared with others.

Hoja Verdes · 08-22-11, 07:20 AM

Originally posted by easywinner

Well i guess the word "much" is all relative to the individual. Compared to others on here that are older and big spenders, likely not that much. I'm in my early 20's and spent 4 years of my life in the military pretty much making minimum wage when calculated out and i grew up poor without inheriting anything. I'm guessing the total would be somewhere around $50K. I've lived a modest life to this point but i also have friends my age that are thousands of dollars in debt from college, with no job and living with their parents. I also know people who have decent jobs but haven't managed to save hardly anything, so again it's all relative i suppose.

$50k net worth is more than 90% of this forum's members. I say go for it. Start liquidating immediately. You only live once. Can always rejoin the military if it loses .

pavyracer · 08-22-11, 07:27 AM

I like this idea. PM me if you need a play and how much are you willing to bet on it. I know some people who take big bets.

unluckysob · 08-22-11, 07:29 AM

Originally posted by easywinner

Thinking about just letting it all ride on one game boys. I mean everything i have. Sell all assets including my car, drain the bank accounts/investments, any unnecessary bs i have has to go. Go to Vegas and put it all on one game and keep like $1K to the side in my pocket in case it loses so i can still eat or get a bus somewhere. Worst thing that happens is i bottom out completely and rebuild. Can't get any worse then it is now for me. I feel like I've gone through so much negative variance in life this year that it's gotta change soon. I'm young enough that if i lose i can recover and i grew up poor so i know what that's like. I don't have any dependents or family or anything so it's not like i could potentially screw anybody else. Idk but if i decide to go through with it I'll make a video or something so it's at least documented. Has anybody else on SBR ever done this before?

GO FOR IT----shit this doesnt sound so reckless to me----im an old guy, ive been broke and came back many times----put it all on georgia ml vs. boise-----good luck.

BIGDAY · 08-22-11, 07:34 AM

GL kid

Killer_Demo · 08-22-11, 07:35 AM

do it

zam77 · 08-22-11, 08:01 AM

Originally posted by easywinner

Well i guess the word "much" is all relative to the individual. Compared to others on here that are older and big spenders, likely not that much. I'm in my early 20's and spent 4 years of my life in the military pretty much making minimum wage when calculated out and i grew up poor without inheriting anything. I'm guessing the total would be somewhere around $50K. I've lived a modest life to this point but i also have friends my age that are thousands of dollars in debt from college, with no job and living with their parents. I also know people who have decent jobs but haven't managed to save hardly anything, so again it's all relative i suppose.

So if you win you go from approx. $50K to $100K. If you lose you go from $50K to $1K. I would take the $50k you have and get lost in paradise for a while somewhere instead. Reinvent yourself somehow, somewhere, until you feel your life is headed down the right path. I guess having that one time thrill and only winning $50k doesn't sound enticing enough for me.

Swinging Johnson · 08-22-11, 08:16 AM

You'll look back at this 20 years from now and say, man, I had 50K before I was 25 years old. Can you imagine what that pot would look like had I invested in commercial real estate. Whatever you're going through will eventually work itself out but that money can grow and make your future years much more comfortable. Remember, if you allow that money to work for you, you'll be in a position where you never have to get up early, take shit from a boss and do the 9 to 5 thing.

But if you do this for an adventure, you will lose either way. If you lose the bet, you're a jackass with no respect for money and whatever you think you may have learned will pale in comparison to what that money could have done for you years from now. If you win, you will want to recapture the moment and you will do it again until you lose.

This adventure will not fill the void, it will only widen the chasm.

jstblaze · 08-22-11, 08:18 AM

I agree with the above [poster on the disappear in paradise with your 50 grand for a while.

You can make it in a beutiful island paradise for a long time on 50 grand.

Think big, go somewhere crazy, and think beautiful chicks in bikinis all day.

Or if you really need to put the money at play, pick your 3 best plays or something, just because on egame anything can happen, could be a rain delay early, and then you got 50 grand on 7 innings of bullpen pitchers.

BookiesBernanke · 08-22-11, 08:25 AM

Take the cash you have and leave the country. There are plenty of places in the world where you can teach english, live cheaply, learn a new language/ culture and just start a new life.

I know plenty of people that have done it with less than 2K and they are some of the happiest people I know.

MarlinsFan2212 · 08-22-11, 08:30 AM

I would strongly advise against a play like this. 50k is a solid bankroll, and you could easily pull in 500-600 a week (30k a year) w/ it.

If you lose your at 1k, and youll be making 20 dollar bets for years to come.

Sounds cliche but its a lot easier to make money if you already have it.

If you do it BOL, but if you lose it could send you on a very very bad financial path for your lifetime.

BranchDavidian · 08-22-11, 08:36 AM

Originally posted by zam77

So if you win you go from approx. $50K to $100K. If you lose you go from $50K to $1K. I would take the $50k you have and get lost in paradise for a while somewhere instead. Reinvent yourself somehow, somewhere, until you feel your life is headed down the right path. I guess having that one time thrill and only winning $50k doesn't sound enticing enough for me.

Agree, reward is not worth the risk. If you somehow felt that you had a game that was a "lock", then the risk/reward ratio might be different. But to just decide to go for double or nothing on some random game? Perhaps once you cash everything out and hit Vegas, you could just pretend that you placed your bet and lost. Then you would feel kinda rich with that $50,000 bankroll. If you had actually placed your bet and won, would you really feel any richer with a $100,000 bankroll?

jjgold · 08-22-11, 08:40 AM

down

baseball helped a little

WvGambler · 08-22-11, 09:02 AM

I'm wondering if this kid is over valuing his assets here. If you really have 50k after you liquidate everything, then there are a million other ways to have much more meaningful life experiences.

Doesn't pretending to be a big shot, high roller in Vegas for a month sound more appealing? Go to Vegas and live like a king. Throw money arund...chicks will throw themselves at you. Sounds like you could learn some more valuable stuff then just plunking a huge bet on one team and watching your life go down the shitter because AJ Burnett just doesn't care...or because Phil Hughes isn't the pitcher you thought he was.

Hell I don't know.

will2survive · 08-22-11, 09:16 AM

Leave yourself with 10K and wait for a moneyline bet on a sport where you'll get a fraction of the 40k

or keep 25k and bet on a game as planned.

Save something

Pete0 · 08-22-11, 11:37 AM

Holy shit bro

, Didnt u PM me a few days ago asking about how to get better at gambling ???

This is the worst decision you can ever take and I think you are trying to justify your actions for your lack of "adventure" in life ??
You really cant let personal problems get in the way of how your betting.

Look up "gamblers fallacy" - There is no such thing as the due theory. Books arent stupid.

DONT do it !, wIN OR lose its not a good decision.

I would advise to never do something like this. .and I cant believe that 50% of the idiots voted YES on the poll

kerrywoodwins20 · 08-22-11, 11:45 AM

Originally posted by easywinner

Well i guess the word "much" is all relative to the individual. Compared to others on here that are older and big spenders, likely not that much. I'm in my early 20's and spent 4 years of my life in the military pretty much making minimum wage when calculated out and i grew up poor without inheriting anything. I'm guessing the total would be somewhere around $50K. I've lived a modest life to this point but i also have friends my age that are thousands of dollars in debt from college, with no job and living with their parents. I also know people who have decent jobs but haven't managed to save hardly anything, so again it's all relative i suppose.

That is around my net worth probably. I'm in my early 20's as well, and have a girlfriend who would kill me if I lost that much money, and also am starting law school so I need the money to pay that off. Good luck if you do it.

easywinner · 08-22-11, 04:53 PM

Originally posted by mrmarket

So you're comparing Thoreau's adventures in voluntary simplicity with going on a gambling spree with what's left of your money in Vegas hoping to strike it big. "But listen d00d If I lose though it's cool because I start again from $0.00 and get some life perspective to justify my crap decisions" Cool story brah! Your "journey" is what paved the streets of Las Vegas.

If you dislike where your life is going just change it. Everything these days has to be a "challenge" or "adventure" that just has to be shared with others.

One bet is not a gambling spree. Quit thinking that everyone on this site is an addict. I'm not trying to strike it big or any of that. I want to do it "simply" for the experience, nothing more. If i don't care about money then what's it matter if i lose? Not true at all, i know of 3 people that had much more money than i did and won. One of them did it on the roulette wheel no less which is one of the worst bets in the house. You still miss my point by being too straight forward. This is a once in a lifetime experience either way. Btw you can't just "change" your life or the world for that matter if you really understand how the world works and what humans are. I'm guessing you don't or you wouldn't have made that blunt statement. It registers the same in my mind as a typical American(of which i used to be) that doesn't even understand what their modern day country is but will get rowdy with someone exclaiming the freedoms they have and how they are better, lol. Ignorance is bliss, unfortunately i can't hide behind that anymore.

mr.inpak · 08-22-11, 05:09 PM

I would keep i10k put the rest 40k to win 20k on sandiego to win the afc west

easywinner · 08-22-11, 05:12 PM

Originally posted by WvGambler

I'm wondering if this kid is over valuing his assets here. If you really have 50k after you liquidate everything, then there are a million other ways to have much more meaningful life experiences.

Doesn't pretending to be a big shot, high roller in Vegas for a month sound more appealing? Go to Vegas and live like a king. Throw money arund...chicks will throw themselves at you. Sounds like you could learn some more valuable stuff then just plunking a huge bet on one team and watching your life go down the shitter because AJ Burnett just doesn't care...or because Phil Hughes isn't the pitcher you thought he was.

Hell I don't know.

Not overvalued most of that is liquid. The only things i really have to sell are my car, stuff like the big screen, ps3, couple watches(one is a rolex), autographed memorabilia, household crap that i don't need. It's all got to go. I can't live this fake, materialistic, ignorant, typical American lifestyle anymore. The world has real serious problems that need to be resolved and i no longer wish to be part of the problem. No i would never want to be a big shot in Vegas like that and I'm not betting on the Yankees. That's a public favorite so the lines are 95% of the time juiced up or -EV. Perfect example is the aforementioned AJ was -140 fav the other day and got his ass handed to him by a team that is in 4th place in their division.