**best advice to be long-term winner

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  • milwaukee mike
    BARRELED IN @ SBR!
    • 08-22-07
    • 26914

    #1
    **best advice to be long-term winner
    there are more successful people here (opie) but i don't think i would want to switch places with anyone, i have a fun, fulfilling life and thought i'd give a couple tips on things i did in the past

    1) bonus whoring, much tougher to do these days without neteller in the us, but still - if all your bets are being made to meet rollovers then you are on the + side of the juice instead of the - side
    2) affirmations. write down what you will have 20 times a day (or 50). be realistic and very specific, like "i will have $100,000 in the bank by january 1, 2014." or "i will be married to a girl i love by january 1, 2016". sounds silly but it really did work for me.
    3) do stuff that people think is crazy, rather than follow the crowd. using a math model to adjust your bet size really doesn't do much in the long run and wastes time and effort. i have listened to "learn esp" tapes (crazy huh?) and they really worked in getting me to see the future. watching a ton of sports and analyzing helps in this process of having a good feeling about what will happen.

    as long as you're having fun with sports gambling and not losing too much, i would say you are a winner.
  • Easy-Rider 66
    BARRELED IN @ SBR!
    • 02-14-12
    • 36657

    #2
    As far as gambling is concerned it's all about Entertainment. And more Entertainment. To think you are going to make living out of it is a Pipe dream for most. Have some fun and don't bet over your means. I learned this the hard way back in the day.
    Comment
    • Smoke
      SBR Aristocracy
      • 10-09-09
      • 48111

      #3
      im not gonna read all that

      mrs milwaukee makes me hard
      Comment
      • milwaukee mike
        BARRELED IN @ SBR!
        • 08-22-07
        • 26914

        #4
        smokey that post was your ticket to wealth and happiness

        also DISABLE ONLINE CASINOS, this can easily be done through live chat
        Comment
        • thetrinity
          SBR Posting Legend
          • 01-25-11
          • 22430

          #5
          mrs milwaukee will be mrs trinity by february 26th 2014 is this what you mean mike?
          Comment
          • ronzer
            SBR MVP
            • 10-31-10
            • 1580

            #6
            mike when your ready to sell the goats let me know. I'll up my offer to 10 points.
            Comment
            • milwaukee mike
              BARRELED IN @ SBR!
              • 08-22-07
              • 26914

              #7
              Originally posted by thetrinity
              mrs milwaukee will be mrs trinity by february 26th 2014 is this what you mean mike?
              YES

              now please write that 50 times a day

              i'm rooting for you
              Comment
              • Smoke
                SBR Aristocracy
                • 10-09-09
                • 48111

                #8
                Mrs Milwaukee is quite popular around here
                Comment
                • MonkeyF0cker
                  SBR Posting Legend
                  • 06-12-07
                  • 12144

                  #9
                  Originally posted by milwaukee mike
                  using a math model to adjust your bet size really doesn't do much in the long run and wastes time and effort.
                  What does that even mean?

                  Bonus whoring hasn't been a practical strategy for anyone looking to make anything significant in over five years.
                  Comment
                  • milwaukee mike
                    BARRELED IN @ SBR!
                    • 08-22-07
                    • 26914

                    #10
                    i was trying to say that tweaks in your bet sizes are probably going to have little effect on your overall returns over a lifetime of action.

                    if the line is way off, make a huge bet on it, that's easy enough without needing a computer to tell you that...

                    the days of good bonus whoring are long gone i agree, there were times i was making $500/day just using my name, girlfriend, and dad (sigh)
                    Comment
                    • MonkeyF0cker
                      SBR Posting Legend
                      • 06-12-07
                      • 12144

                      #11
                      Originally posted by milwaukee mike
                      i was trying to say that tweaks in your bet sizes are probably going to have little effect on your overall returns over a lifetime of action.

                      if the line is way off, make a huge bet on it, that's easy enough without needing a computer to tell you that...

                      the days of good bonus whoring are long gone i agree, there were times i was making $500/day just using my name, girlfriend, and dad (sigh)
                      There is only one way to maximize expected growth in a bankroll - maximizing the logarithm of your bankroll (aka Kelly Criterion). That is not a math model. It's a formula.

                      What is a tweak in bet size? What's a "huge bet?" How do you know you're not overstaking?
                      Comment
                      • 19th Hole
                        SBR Posting Legend
                        • 03-22-09
                        • 18954

                        #12
                        Milwaukee Mike
                        MVP*...
                        Always willing to help in any way he can.


                        *Most Valuable Poster
                        Comment
                        • Sam Odom
                          SBR Aristocracy
                          • 10-30-05
                          • 58063

                          #13
                          'Remote View' the future
                          Comment
                          • milwaukee mike
                            BARRELED IN @ SBR!
                            • 08-22-07
                            • 26914

                            #14
                            Originally posted by MonkeyF0cker
                            There is only one way to maximize expected growth in a bankroll - maximizing the logarithm of your bankroll (aka Kelly Criterion). That is not a math model. It's a formula.

                            What is a tweak in bet size? What's a "huge bet?" How do you know you're not overstaking?
                            fair enough, but nobody ever really knows anything. nobody "knows" that it's maximizing expected growth because they don't know that their bet has a 90% chance of winning vs a 85% chance of winning.

                            i have always had a different view of bankroll size, for example. if i have $100,000 in the bank/books but keep netting $10k/month over expenses then my bankroll should be considered to be higher than $100,000 (unless i am betting all of it today and will find something else +ev before netting more income).
                            Comment
                            • MonkeyF0cker
                              SBR Posting Legend
                              • 06-12-07
                              • 12144

                              #15
                              Originally posted by milwaukee mike
                              fair enough, but nobody ever really knows anything. nobody "knows" that it's maximizing expected growth because they don't know that their bet has a 90% chance of winning vs a 85% chance of winning.

                              i have always had a different view of bankroll size, for example. if i have $100,000 in the bank/books but keep netting $10k/month over expenses then my bankroll should be considered to be higher than $100,000 (unless i am betting all of it today and will find something else +ev before netting more income).
                              If you're consistently +/- 5% in assessing win percentage, you're not a winning gambler to begin with. Precise edge estimation is not tantamount. So long as you have an edge and aren't wildly inaccurate in estimating it, staking according to edge (i.e. utilizing the Kelly Criterion) will increase bankroll growth significantly over any other staking strategy over time.
                              Comment
                              • Ghenghis Kahn
                                SBR Posting Legend
                                • 01-02-12
                                • 19734

                                #16
                                Originally posted by milwaukee mike
                                i have listened to "learn esp" tapes (crazy huh?) and they really worked in getting me to see the future.
                                wtf is this shit? you talking to ghosts mikey?
                                Comment
                                • tony_come
                                  SBR Posting Legend
                                  • 03-31-10
                                  • 21695

                                  #17
                                  Originally posted by Smoke
                                  im not gonna read all that

                                  mrs milwaukee makes me hard
                                  im in love(yes homo)
                                  Comment
                                  • milwaukee mike
                                    BARRELED IN @ SBR!
                                    • 08-22-07
                                    • 26914

                                    #18
                                    i like your posts lately monkeyfocker

                                    give us a winner, gotta cover the rest of my furnace and a/c
                                    Comment
                                    • milwaukee mike
                                      BARRELED IN @ SBR!
                                      • 08-22-07
                                      • 26914

                                      #19
                                      Originally posted by Ghenghis Kahn
                                      wtf is this shit? you talking to ghosts mikey?
                                      there's a difference between forecasting and clairvoyance or nonsense like talking to ghosts.

                                      for me it's about thinking at a higher level than those making the lines or on the other side of a trade (not really that hard).
                                      Comment
                                      • acl123
                                        SBR Hall of Famer
                                        • 03-17-11
                                        • 5896

                                        #20
                                        Martingale
                                        Comment
                                        • jaeguyoon
                                          SBR Wise Guy
                                          • 09-27-11
                                          • 992

                                          #21
                                          from watching your vids, you seem like a happy dude with an awesome family. Keep winnning sir!
                                          Comment
                                          • milwaukee mike
                                            BARRELED IN @ SBR!
                                            • 08-22-07
                                            • 26914

                                            #22
                                            jaeguyoon that is a really nice post, it is much appreciated

                                            best of luck
                                            Comment
                                            • jaeguyoon
                                              SBR Wise Guy
                                              • 09-27-11
                                              • 992

                                              #23
                                              Originally posted by milwaukee mike
                                              jaeguyoon that is a really nice post, it is much appreciated

                                              best of luck
                                              Comment
                                              • CarpeDime
                                                SBR Hall of Famer
                                                • 09-01-09
                                                • 7873

                                                #24
                                                Originally posted by milwaukee mike
                                                there are more successful people here (opie) but i don't think i would want to switch places with anyone, i have a fun, fulfilling life and thought i'd give a couple tips on things i did in the past

                                                1) bonus whoring, much tougher to do these days without neteller in the us, but still - if all your bets are being made to meet rollovers then you are on the + side of the juice instead of the - side
                                                2) affirmations. write down what you will have 20 times a day (or 50). be realistic and very specific, like "i will have $100,000 in the bank by january 1, 2014." or "i will be married to a girl i love by january 1, 2016". sounds silly but it really did work for me.
                                                3) do stuff that people think is crazy, rather than follow the crowd. using a math model to adjust your bet size really doesn't do much in the long run and wastes time and effort. i have listened to "learn esp" tapes (crazy huh?) and they really worked in getting me to see the future. watching a ton of sports and analyzing helps in this process of having a good feeling about what will happen.

                                                as long as you're having fun with sports gambling and not losing too much, i would say you are a winner.

                                                wow what an awesome post!
                                                Comment
                                                • milwaukee mike
                                                  BARRELED IN @ SBR!
                                                  • 08-22-07
                                                  • 26914

                                                  #25
                                                  if anyone wants free tax advice, my thread about that got moved to the saloon

                                                  either post in that thread or send me a pm
                                                  Comment
                                                  • CarpeDime
                                                    SBR Hall of Famer
                                                    • 09-01-09
                                                    • 7873

                                                    #26
                                                    Originally posted by milwaukee mike
                                                    there are more successful people here (opie) but i don't think i would want to switch places with anyone, i have a fun, fulfilling life and thought i'd give a couple tips on things i did in the past

                                                    1) bonus whoring, much tougher to do these days without neteller in the us, but still - if all your bets are being made to meet rollovers then you are on the + side of the juice instead of the - side
                                                    2) affirmations. write down what you will have 20 times a day (or 50). be realistic and very specific, like "i will have $100,000 in the bank by january 1, 2014." or "i will be married to a girl i love by january 1, 2016". sounds silly but it really did work for me.
                                                    3) do stuff that people think is crazy, rather than follow the crowd. using a math model to adjust your bet size really doesn't do much in the long run and wastes time and effort. i have listened to "learn esp" tapes (crazy huh?) and they really worked in getting me to see the future. watching a ton of sports and analyzing helps in this process of having a good feeling about what will happen.

                                                    as long as you're having fun with sports gambling and not losing too much, i would say you are a winner.
                                                    "I will bang a pear-shaped legit 9 or better by October 1, 2012"
                                                    Comment
                                                    • milwaukee mike
                                                      BARRELED IN @ SBR!
                                                      • 08-22-07
                                                      • 26914

                                                      #27
                                                      not giving yourself much time carpedime

                                                      i would hand-write that on a piece of paper 20 times/day
                                                      Comment
                                                      • edawg
                                                        SBR MVP
                                                        • 07-09-11
                                                        • 2820

                                                        #28
                                                        Milwaukee has the right outlook on sports and life
                                                        Comment
                                                        • ChalkyDog
                                                          SBR Hall of Famer
                                                          • 10-02-11
                                                          • 9598

                                                          #29
                                                          Just ordered the best ESP tape on Amazon. Plan on listening to it on my 30 minute commute to and from work.

                                                          I will hit a 25 team $20 parlay by 12/21/12
                                                          Comment
                                                          • milwaukee mike
                                                            BARRELED IN @ SBR!
                                                            • 08-22-07
                                                            • 26914

                                                            #30
                                                            yikes chalkydog, a 25-team parlay might not fall under the category of "realistic" but best wishes with it

                                                            you will certainly get something more out of the esp tape than listening to the mindless drivel on the radio, especially morning shows run by complete morons
                                                            Comment
                                                            • ChalkyDog
                                                              SBR Hall of Famer
                                                              • 10-02-11
                                                              • 9598

                                                              #31
                                                              Originally posted by milwaukee mike
                                                              yikes chalkydog, a 25-team parlay might not fall under the category of "realistic" but best wishes with it

                                                              you will certainly get something more out of the esp tape than listening to the mindless drivel on the radio, especially morning shows run by complete morons
                                                              Yeah, I am already rethinking the 30 minute drive home. I can do away with the morning sports radio. Mike and Mike is the best, and they make me want punch small babies.
                                                              Comment
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