Thinking Of Reducing Bet Sizes

Big_Slim · 08-13-12, 08:30 AM

Gold....I thought you was the man around these parts!....call up the fukkin sharks and just get another loan!!!

Smoke · 08-13-12, 08:30 AM

MUHerd37 · 08-13-12, 08:32 AM

Gonna bet less air? JJ you suck.

BIGDAY · 08-13-12, 08:33 AM

5-0 yesterday would tell me you're going on an EPIC run.

Now is when you Pa Pa Pound...

jjgold · 08-13-12, 08:36 AM

Loaned up
Need to pay them off
It's football season too

Smoke · 08-13-12, 08:43 AM

wantitall4moi · 08-13-12, 08:45 AM

In the end youre better off not betting at all and getting your bankroll back to a level where you can keep betting the same size than you are lowering bet sizes.

But if you started out with a bankroll in the first place, played a sound strategy and used even nominal money management and still lost enough to feel the need to lower your bets sizes, then you might want to quit gambling anyway.

crustyme · 08-13-12, 08:46 AM

cant get any lower than $100.

odog11 · 08-13-12, 08:48 AM

Reduce your # of plays or if you can't do that just bet points or chicken feed on most of the plays. Only bet big boy money when you really feel you have found a good spot, which you seem capable of doing from time to time.

Smoke · 08-13-12, 08:52 AM

Big Bear · 08-13-12, 02:38 PM

JJ you seem to wager around $1000 a day.

$100 here and a $100 there.

Here is my advice. Reduce the # of plays by a TON

Pick maybe 3 to 5 games PER WEEK and go about $500 per game

Maybe even 1,000 to 2,000 per game of only betting a few times per week.
Stick to what you are good at and that is "spot betting"

Seems every day you are picking atleast 5 games to bet on.

CanuckG · 08-13-12, 02:39 PM

at the serious replies

GunShard · 08-13-12, 05:03 PM

Kelly Criterion.

PAULYPOKER · 08-13-12, 05:07 PM

shaffer shorty in da house

Ace_of_Spades · 08-13-12, 05:45 PM

JJ you post fuking anything. post while taking a shitt

OldHickory · 08-13-12, 08:40 PM

Originally posted by GunShard

Kelly Criterion.

Can you explain this ? Not into that kind of math

jjgold · 08-13-12, 09:50 PM

Originally posted by Big Bear

JJ you seem to wager around $1000 a day.

$100 here and a $100 there.

Here is my advice. Reduce the # of plays by a TON

Pick maybe 3 to 5 games PER WEEK and go about $500 per game

Maybe even 1,000 to 2,000 per game of only betting a few times per week.
Stick to what you are good at and that is "spot betting"

Seems every day you are picking atleast 5 games to bet on.

That could work as the more bets you make the more you lose
Thanks cuz

fitguy67 · 08-13-12, 11:38 PM

Originally posted by OldHickory

Can you explain this ? Not into that kind of math

I agree. Kelly is made far too mysterious. In essence, it says look at the expected yield ($ netted vs. $ risked) of any bet source...and bet TO WIN that % of your bankroll. That would be a full-Kelly bet...safer would be a fractional Kelly...a 1/5 Kelly (1/5 the growth rate, yes...but much better than 5x LESS likely to crash) bet made from a pick that has a long-term 5% yield track record would be TO WIN 1% of your roll.

It only works with POSITIVE-yield track records, tho'...so no use if you're tailing the OP...(just kiddin', J...cut out the "filler" bets lyk several are suggesting and your spreadsheet will once again be long-term "Kelly-able")...reducing the number of bets will be more helpful to bring yield up than reducing bet size.

TheCalculator · 08-14-12, 12:04 AM

How about changing your name to JJBronze?

jjgold · 08-14-12, 05:24 AM

You are not going to grind out money betting lots of games unless your on of the 1% that has edges on the lines

genghis518 · 08-14-12, 06:38 AM

only increase bet size with consistency.. if you are lowering bet size...that means you need to stop and look for a tweak to your system

jjgold · 08-14-12, 07:03 AM

Nothing works

No tweaks
No systems

Lose almost every week

BigDeem5 · 08-14-12, 07:04 AM

JJ, start tailing smoke.

jjgold · 08-14-12, 07:07 AM

Smokey is hot but now worried he could slump

Hard to tail guys in the middle of a win streak

BigDeem5 · 08-14-12, 07:09 AM

Originally posted by jjgold

Smokey is hot but now worried he could slump

Hard to tail guys in the middle of a win streak

I was hot, hit a rough patch, and I'm ready to rebound. If you want the big play today you know where to find me.

PAULYPOKER · 08-14-12, 09:52 AM

Eliminate the juice!!!!!!!!!!!!!!!!!!!!

This is the only fukkin edge the books have over you!!!!!!!!!!!!!

jjgold · 08-14-12, 10:38 AM

Deemer who you on?

SlickFazzer · 08-14-12, 11:24 AM

Who are you guys pounding hard?