Who actually wins with online gambling?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • MJT1212
    SBR Hall of Famer
    • 02-16-09
    • 5124

    #1
    Who actually wins with online gambling?
    Because I never do...no matter how much I get up, it goes right back down to ZERO!!!

    And please, no BS "bankroll management" replies, I know about all that, it just drags your losing out.

    Just serious answers of who ends the year with a profit, year in and year out? Anyone?
  • YouMama
    SBR Wise Guy
    • 01-04-12
    • 727

    #2
    same people that win at all gambling, bet big when you are winning, bet small when you lose ... and win as much as possible before the book bans you.
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388208

      #3
      very hard

      too easy to bet and too much to bet

      computer betting very very hard to control
      Comment
      • MJT1212
        SBR Hall of Famer
        • 02-16-09
        • 5124

        #4
        Originally posted by jjgold
        very hard

        too easy to bet and too much to bet

        computer betting very very hard to control
        So True. Spoken like a true vet.
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388208

          #5
          MJT I am up waiting for tennis to start
          Posting posting 24 straight hrs
          Comment
          • MJT1212
            SBR Hall of Famer
            • 02-16-09
            • 5124

            #6
            Originally posted by jjgold
            MJT I am up waiting for tennis to start Posting posting 24 straight hrs
            nice, any good ideas for my last little bit of my bankroll. I'm going to go all in on one play, haven't figured one out yet...
            Comment
            • RedSox88
              SBR Wise Guy
              • 01-18-11
              • 912

              #7
              sorry man i know how much you hate to hear it but its ALL about bankroll manegment

              think of it this way if you take a 50/50 senario and take your finite bankroll against the books infinite bankroll eventually one of you are going to run hot and one will lose everything (obv the one with the finite bankroll)

              This is the same reason many sports bettors with terrible bankroll management can go 6-2 and lose everything because the 2 loses is where they bet the most

              Variance is huge in this industry and you need the bankroll to soak up the bad streaks

              Remember, you cant play with napkins, once your out of $$ your out of the game

              So you can ask yourself that questiong 1000 times but the answer will ALWAYS be bankroll management

              Side note: of course someone with perfect bankroll manegement who SUCKS at picking will lose as well but assuming your betting games you and the beting community consider to be +EV bets you should be ok

              Im sure ill get alot of crap for this post but its true

              And even if in the end you just end up losing slower at least your still in the game

              For example: a $500 bankroll should probably not be wagering more than $25 a game i know its not BALLER status but guess what at least your in the game

              Im speaking from my research and not personal experience ive gone broke many times but its all due to BR managment

              hopes this helps at all

              I feel like im gonna get flammed but i just dont care i speak the truth
              Comment
              • MexicanStallion
                SBR Posting Legend
                • 09-08-08
                • 20429

                #8
                Originally posted by MJT1212
                nice, any good ideas for my last little bit of my bankroll. I'm going to go all in on one play, haven't figured one out yet...
                If you need an All In Play, go with Betting Wizard "Square Play Thread". Guy seems to be absolutely on fire. On a big run like Dad was.
                Comment
                • MoneyLineDawg
                  SBR Posting Legend
                  • 01-01-09
                  • 13253

                  #9
                  Just gotta hit your big bets and/or get lucky on some longshot parlays while staying afloat.....If not, you will be a breakeven player or worse in the long haul

                  Bankroll management is for the long haul, but you have to step outside your comfort zone sometimes.....If you wanna see big results you have to take chances and bet big when you feel you have an edge
                  Comment
                  • jjgold
                    SBR Aristocracy
                    • 07-20-05
                    • 388208

                    #10
                    Nailing a big parlay once in a while can keep you in the game

                    $1000 bankroll...........$10 per game
                    Comment
                    • john230
                      SBR Wise Guy
                      • 07-24-11
                      • 721

                      #11
                      Originally posted by MJT1212
                      Because I never do...no matter how much I get up, it goes right back down to ZERO!!!

                      And please, no BS "bankroll management" replies, I know about all that, it just drags your losing out.

                      Just serious answers of who ends the year with a profit, year in and year out? Anyone?

                      That's a rhetorical ?. Of course, the House usually wins in the long run, or there would not be all these bettings shops in business. If the player had the advantage, Vegas would go Bust. The key is to look at gambling as an entertainment expense and budget accordingly. For instance, if you make 50k a year and lose 1K a year to gambling- no problem. Then it's like spending money to eat out, go to the movies, etc. But if you think you are going to make a living doing this, you are in for a rude awakening. That's why I appreciate SBR. The point system keeps me in the game, and allows me to have some entertainment without losing real cash. I still will be posting up at my book, but for much less than I used to. Will be posting up at a new book and going Pro for the Kentucky Derby. In the interim, I have entertainment betting points.
                      Comment
                      • KJ CottonChopper
                        SBR High Roller
                        • 11-08-10
                        • 210

                        #12
                        I hear ya MJT, I'm certainly with ya and have my struggles as well. My roll is pretty low also so I'm go all in with NC State plus the points.
                        Gonna even sprinkle the money line just in case....... Have to reload before the Super Bowl anyway, why not, may get lucky for once.
                        Anyway, best of luck with a profitable year!!!
                        Comment
                        • Darkside Magick
                          SBR Posting Legend
                          • 05-28-10
                          • 12638

                          #13
                          i know i read that between 20 to 30 per cent ACTUALLY hit more than 50 per cent on their bets....but it was bankroll management that they gave it all back!!!
                          Comment
                          • vyomguy
                            SBR Hall of Famer
                            • 12-08-09
                            • 5794

                            #14
                            2 kinds of people win in gambling:-

                            1> People who grind it out long term

                            2> People who take calculated risks


                            I belong to second category
                            Comment
                            • FourLengthsClear
                              SBR MVP
                              • 12-29-10
                              • 3808

                              #15
                              2% long term winners at most.

                              Maybe 5% who can consistently gain an edge on the books odds/lines but even then most will fail due to overbetting.
                              Comment
                              • cubfan2121
                                SBR High Roller
                                • 02-24-08
                                • 188

                                #16
                                I dont care what anyone says, all online casinos are rigged
                                A few years back i had $50 worth of free play so i decided to play black jack for $1 hands
                                would you believe I lost 50 hands without a having a single win
                                When i got 21 the dealer mysteriously got 21 for the push
                                there were plenty of those.
                                But every time i had 20 the dealer hit 21, I hit 19 the dealer hit 20 or 21
                                It was pretty comical

                                So last night i was playing baccarat with my sbr points.
                                For anyone who has played baccarat know how statistically impossible the following scenerio is:
                                yesterday i lost 10 hands in a row,TWICE - not uncommon in baccarat but it was the way i lost
                                i lost 10 hands in a row playing whats called follow the last decision. If the last decision is banker you bet banker,
                                if its player your next bet is player. Anyone who knows the game of baccarat knows that the highest hand you get is 9. Now what are odds that you lose 10 hands in a row on two different occations when the other side gets 9? It can be compared to betting black and red in roulette and the ball landing on green 10 times in a row. While this may be possible on pencil and paper, this would never happen on a land base casino

                                so to answer your question, 99% of people who gamble on online casino lose in one form or the other while the other 1% are called liars
                                Comment
                                • FourLengthsClear
                                  SBR MVP
                                  • 12-29-10
                                  • 3808

                                  #17
                                  Originally posted by cubfan2121
                                  I dont care what anyone says, all online casinos are rigged
                                  A few years back i had $50 worth of free play so i decided to play black jack for $1 hands
                                  would you believe I lost 50 hands without a having a single win
                                  When i got 21 the dealer mysteriously got 21 for the push
                                  there were plenty of those.
                                  But every time i had 20 the dealer hit 21, I hit 19 the dealer hit 20 or 21
                                  It was pretty comical

                                  So last night i was playing baccarat with my sbr points.
                                  For anyone who has played baccarat know how statistically impossible the following scenerio is:
                                  yesterday i lost 10 hands in a row,TWICE - not uncommon in baccarat but it was the way i lost
                                  i lost 10 hands in a row playing whats called follow the last decision. If the last decision is banker you bet banker,
                                  if its player your next bet is player. Anyone who knows the game of baccarat knows that the highest hand you get is 9. Now what are odds that you lose 10 hands in a row on two different occations when the other side gets 9? It can be compared to betting black and red in roulette and the ball landing on green 10 times in a row. While this may be possible on pencil and paper, this would never happen on a land base casino

                                  so to answer your question, 99% of people who gamble on online casino lose in one form or the other while the other 1% are called liars
                                  No it can't.

                                  Regardless, I think the OP was talking about sportsbetting. Casino games (unless you can count cards) are unbeatable in the long run whether they are rigged or not.
                                  Comment
                                  • Fang-Banger
                                    SBR MVP
                                    • 10-04-10
                                    • 2805

                                    #18
                                    Originally posted by MJT1212
                                    Because I never do...no matter how much I get up, it goes right back down to ZERO!!!

                                    And please, no BS "bankroll management" replies, I know about all that, it just drags your losing out.

                                    Just serious answers of who ends the year with a profit, year in and year out? Anyone?
                                    Stop betting 20 games a day. Only the ones you love per week. Problem solved now go bellyache elsewhere
                                    Comment
                                    • bettilimbroke999
                                      SBR Posting Legend
                                      • 02-04-08
                                      • 13254

                                      #19
                                      They dont build billion dollar casinos and all these online sportsbooks and bookies breaking the law in order to give you money bro

                                      Any book like BetEd that lets everyone knock their nuts in will quickly become a stiff book
                                      Comment
                                      • ebbearsfb1
                                        SBR Posting Legend
                                        • 12-07-08
                                        • 18815

                                        #20
                                        Over betting is the biggest mistake... I get laughed at by morons here cause I bet 20 30 bucks a game... bankroll is around 1000 so 2 or 3 %... do what's comfortable for you sometimes ill deposit 60 bucks go all in first play or if win bet... and try to build like that for fun...
                                        Comment
                                        • jjgold
                                          SBR Aristocracy
                                          • 07-20-05
                                          • 388208

                                          #21
                                          Its damn fun though chasing the dream

                                          Dont go over board and all very healthy for the mind
                                          Comment
                                          • Ernie Mccracken
                                            SBR MVP
                                            • 09-11-11
                                            • 1986

                                            #22
                                            Originally posted by bettilimbroke999
                                            They dont build billion dollar casinos and all these online sportsbooks and bookies breaking the law in order to give you money bro
                                            Amazing how few fail to grasp this concept. Degens gonna degen.
                                            Comment
                                            • MJT1212
                                              SBR Hall of Famer
                                              • 02-16-09
                                              • 5124

                                              #23
                                              Originally posted by jjgold
                                              Nailing a big parlay once in a while can keep you in the game

                                              $1000 bankroll...........$10 per game
                                              Yea I had a big parlay ready to cash last night until my ML bet Utah Jazz, a 10 Pt Favorite, lost in DBL OT to the Raptors...thats what pissed me off so bad last night that made me write this post. I'm going to construct 2 parlays today and divide my miniscule remains of a bankroll in half and see where it takes me. You guys have any good ML Favs I can through in?
                                              Comment
                                              • pattymayo
                                                SBR Posting Legend
                                                • 05-19-09
                                                • 10221

                                                #24
                                                Originally posted by MJT1212
                                                Yea I had a big parlay ready to cash last night until my ML bet Utah Jazz, a 10 Pt Favorite, lost in DBL OT to the Raptors...thats what pissed me off so bad last night that made me write this post. I'm going to construct 2 parlays today and divide my miniscule remains of a bankroll in half and see where it takes me. You guys have any good ML Favs I can through in?
                                                This is why you will never win gambling.. so you had a rough night last night and apparently lost a lot of your bankroll... so in your mind, your bankroll was at XXX a few days ago, now it's cut in half (probably more) so you feel the need to get back to where it was a few days ago... instead of taking a step back and making smart, single plays and gradually recovering your losses, your first instinct is to construct 2 parlays and hope that you can recoup your losses in one night. Not gonna happen. Might as well reload tonight if that's your strategy
                                                Comment
                                                • Big Bear
                                                  SBR Aristocracy
                                                  • 11-01-11
                                                  • 43253

                                                  #25
                                                  parlays will get ya where u need to be
                                                  Comment
                                                  • BIGDAY
                                                    SBR Aristocracy
                                                    • 02-17-10
                                                    • 48247

                                                    #26
                                                    MMA is the only sport that I am up over my 3 years of sports wagering.

                                                    If only I had the discipline to only wager MMA, that would be great.

                                                    I have adjusted my unit size accordingly and it has paid off so far.
                                                    Comment
                                                    • Cicima6709
                                                      SBR MVP
                                                      • 09-12-10
                                                      • 1023

                                                      #27
                                                      Bankroll management for sure...I used to lose a lot of money at this when i first started because of my huge tilt bets. Dont force bets, find +EV lines.

                                                      I can honestly say that now I win every year, with about 1-7 bets per day depending on the games. I bet mostly NHL, and a little bit of MLB. NHL lines can easily be beaten, if you are betting on the right thing.

                                                      The tough part for me is constantly being limited by books when you beat them too much, but ill take that as a problem id like to have.
                                                      Comment
                                                      • teaserpleaser
                                                        BARRELED IN @ SBR!
                                                        • 08-14-08
                                                        • 26015

                                                        #28
                                                        The house
                                                        Comment
                                                        • Hurls
                                                          SBR MVP
                                                          • 12-17-11
                                                          • 3477

                                                          #29
                                                          it is impossible to win at any online casino that is not an opinion that is a fact, the sbr casino one of the worst offenders there is a 0% chance of winning here about 1% most others FACT
                                                          Comment
                                                          • JohnGalt2341
                                                            SBR Hall of Famer
                                                            • 12-31-09
                                                            • 9125

                                                            #30
                                                            Originally posted by cubfan2121
                                                            I dont care what anyone says, all online casinos are rigged A few years back i had $50 worth of free play so i decided to play black jack for $1 hands would you believe I lost 50 hands without a having a single win
                                                            This is definitely very hard to believe. It could happen of course. The easiest way for it to happen would be if a person didn't know how to play BlackJack and they just kept taking hits until they busted every hand. Even if a person was intentionally trying to lose 50 hands in a row it wouldn't be guaranteed because they would likely get a BlackJack before this happened. The other way would be if the online casino was rigged like you said. Lets assume the online casino wasn't rigged and it wins 60% of their hands. It's probably slightly less than this but lets just say it's 60%. The odds of losing 50 hands in a row is astronomical. You'd have a much better chance of winning the Lottery than losing 50 hands of BlackJack in a row. Unless of course... the casino was rigged.
                                                            Comment
                                                            • FourLengthsClear
                                                              SBR MVP
                                                              • 12-29-10
                                                              • 3808

                                                              #31
                                                              Originally posted by JohnGalt2341
                                                              This is definitely very hard to believe. It could happen of course. The easiest way for it to happen would be if a person didn't know how to play BlackJack and they just kept taking hits until they busted every hand. Even if a person was intentionally trying to lose 50 hands in a row it wouldn't be guaranteed because they would likely get a BlackJack before this happened. The other way would be if the online casino was rigged like you said. Lets assume the online casino wasn't rigged and it wins 60% of their hands. It's probably slightly less than this but lets just say it's 60%. The odds of losing 50 hands in a row is astronomical. You'd have a much better chance of winning the Lottery than losing 50 hands of BlackJack in a row. Unless of course... the casino was rigged.
                                                              If you ignore pushes, the player would be expected to win around 47% of hands with Basic Strategy.
                                                              To lose 50 hands with 0 wins is therefore 61.1 trillion to one.

                                                              The casino is either 100% rigged or the poster is full of it. I suspect the latter.
                                                              Comment
                                                              • JohnGalt2341
                                                                SBR Hall of Famer
                                                                • 12-31-09
                                                                • 9125

                                                                #32
                                                                Originally posted by FourLengthsClear
                                                                If you ignore pushes, the player would be expected to win around 47% of hands with Basic Strategy. To lose 50 hands with 0 wins is therefore 61.1 trillion to one. The casino is either 100% rigged or the poster is full of it. I suspect the latter.
                                                                Me too. I was trying to be as trusting as I possibly could.
                                                                Comment
                                                                Search
                                                                Collapse
                                                                SBR Contests
                                                                Collapse
                                                                Top-Rated US Sportsbooks
                                                                Collapse
                                                                Working...