In my humble opinion, its all about finding a sport where you can predict winners with a very high probability, regardless of the odds. I would rather risk large amounts on a safe bet than risk small amounts on something that has a 50% outcome and lose so often that you can never grow your account balance. And in some cases, if you are very knowledgeable of the sport, you may find line inefficiencies, of which you may be able to take advantage.
I don't think you need to be a math guru. Math was my worst subject in school, mainly because I did not understand the concept of "showing your work" and I did the work in my head.
However, since then I have really realized the importance of math, and have improved in that area by miles from work experience and gambling.
Definately it is important, but you can learn as you go...
However, since then I have really realized the importance of math, and have improved in that area by miles from work experience and gambling.
Definately it is important, but you can learn as you go...
money management is number 1.. Jman, im good at math, dont know about being a wizard, -- you have to relate money management, value, and odds of a winner.. ill give you a good example, and i dont play many favorites over 1.50.. but today you have KC going against detroit, KC is 8-1 against detroit this year, they are in first and detroit is in last, kc has a strong pitcher going in hernandez -- against a kid, with a +10 era against kc.. now i know he had one good outing, and i know anything can happen.. however in this case, i layed $150 to win $100 and took KC.. i think i got the best of all 3 in this case, now will it win, who knows.. remember now, i play 1-5 games daily, so i dont bet really big (most of the time). i want to be around tomorrow, thats called risk management..
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by kengam:
the key word of this argument is RISK. If you bet without the element of risk then you will win...short term and long term.<HR></BLOCKQUOTE>
I'd rather lose my way than win like that. I bet like a man not some candy ass math geek!
the key word of this argument is RISK. If you bet without the element of risk then you will win...short term and long term.<HR></BLOCKQUOTE>
I'd rather lose my way than win like that. I bet like a man not some candy ass math geek!
it helps, but there are a few other traits you'll surely need too
1. Account sense - this is necessary to squash an silly impulsive chasing
2. Self control - just because the game is on ESPN doesn't mean you need to bet it
3. Intangibles - you do need to know more than numbers, you need to know emotion, health, & weather factors
1. Account sense - this is necessary to squash an silly impulsive chasing
2. Self control - just because the game is on ESPN doesn't mean you need to bet it
3. Intangibles - you do need to know more than numbers, you need to know emotion, health, & weather factors
You don't HAVE to be a math guru, but it si certainly one way to win. You can win with only math knowledge (and hard work) and little or no sports knowledge. You can possibly win with sports knowledge but little or no math knowledge. Having both and working hard at it with a sufficient bankroll is the optimal way.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by HABSMAN:
If the Math Wizards could do it better than anyone else, they would all wager, and pad their bank accounts.
I know people who dropped out of school in grade 9 who do far better long term, than the head of the math club ever has.<HR></BLOCKQUOTE>
HABSMAN, I didn't know we knew each other.
If the Math Wizards could do it better than anyone else, they would all wager, and pad their bank accounts.
I know people who dropped out of school in grade 9 who do far better long term, than the head of the math club ever has.<HR></BLOCKQUOTE>
HABSMAN, I didn't know we knew each other.
Enjoy those tips...I think its pretty complete
1) Be selective. Avoid betting on a large amount of games-it hurts you in the long term.
2) Never wager more than you can afford to lose.
3) If you have a losing streak, don’t try to catch up all at once by doubling the size of your bets-cut them instead. Successful gamblers let their winnings run while limiting their losses.
4) Avoid the Monday night trap. Trying to regain money lost over the weekend with a big time Monday night play probably means more losses for you.
5) Subscribe to not one but several major newsletters in order to get all the stats and info you’ll need to make more effective choices.
6) Also subscribe to the top sports magazines in the field to learn even more.
7) Remember to keep your emotions in check. Don’t bet while chasing your dreams. Select the right sports service for you that will provide you the help you need to make high percentage bets.
8) Always get the best number. Shop lines between different sportsbooks.
TBC
1) Be selective. Avoid betting on a large amount of games-it hurts you in the long term.
2) Never wager more than you can afford to lose.
3) If you have a losing streak, don’t try to catch up all at once by doubling the size of your bets-cut them instead. Successful gamblers let their winnings run while limiting their losses.
4) Avoid the Monday night trap. Trying to regain money lost over the weekend with a big time Monday night play probably means more losses for you.
5) Subscribe to not one but several major newsletters in order to get all the stats and info you’ll need to make more effective choices.
6) Also subscribe to the top sports magazines in the field to learn even more.
7) Remember to keep your emotions in check. Don’t bet while chasing your dreams. Select the right sports service for you that will provide you the help you need to make high percentage bets.
8) Always get the best number. Shop lines between different sportsbooks.
TBC
