i just did the math and was not impressed

blueedwards · Aug 17, 2004

i am not a big bettor. let's say i make 125 bets on football this year @ $200/game. let's say i win 55% of those bets. i just ran the numbers...that's a profit of $1,375.

that doesn't seem worth it. i think i am better off getting a part time job over the winter working at toys r us. that is about the same amount of money, less stress and no risk.

Guest · Aug 17, 2004

Blue,

You're just going to have to hit 90 percent like "The Chairman of the Board" Wayne Allyn Rooooooooooooooot or Chetty Chet Chet Chet Chetty Chet Coppeck!!!!

sb

dimeplayersonly · Aug 17, 2004

if making money is your goal.........then yes get a part-time job....

if you consider wagering a hobby (golfing cost plenty of money) then just sweat it out and enjoy....

blueedwards · Aug 17, 2004

hobby? come on dpo...you know it stresses me out. remember, you were gonna send me a teddy bear after that tennessee/fresno state game last year.

seriously, if i can't make more than $1,500 over a whole football season, what is the point? and, if i happen to have a bad year, i lose money...forget it.

dimeplayersonly · Aug 17, 2004

blue........yes i remember the teddy.......i have plenty of them....lol

if your goal is to make money.......do not watch the games......treat it like a business

if you want to sweat the games........then take the good with the bad.......

thats why they have teddy bears.....gl

RobFunk · Aug 17, 2004

of course not. that MM talk is for the sharpies who can play 500+ a game with big bankrolls. if youre a small player like me, youre happy with a 500 deposit looking to hit a home run and cash out a couple k in a few weeks. or if youre really feeling the roll, maybe youll take it to 5 figures + .

MM for the small player, is good for the guys who are secure in their income/lifestyle. other than that, of course you got your 5 bills saying 'ok lets put a few hundred on so and what, looks good' and go from there.

RobFunk · Aug 17, 2004

the small player should be able to hone his skills enough that he can take 500 bucks and cash out huge in 2-3 weeks, with some balance to try it again. the same capping skills with strict MM and small-medium flat betting will leave him feeling empty in mid january.

blueedwards · Aug 17, 2004

i am probably just talking nonsense becuase i am pissed off right now. i slapped this local bookie around in college hoops...i was betting $100-$150 game and i was up over $3,000 in about 6 weeks. i just gave over half of it back to him betting baseball the last two weeks using the same methodology.

i am not kidding - my last 20 baseball bets i am 4-16. i have never seen a run like this even back in the day when i was betting all chalk and playing parlays and crap.

i'm sure i will calm down and get back to normal...eventually.

Illini · Aug 17, 2004

I'll tell ya what, Blue. I really am starting to feel like Rob. Betting is fun, and sometimes you just gotta say WTF? Ever since I started having some success, I've wanted to learn all I can about people like Lem Banker and Bob McCune. But let's face it. They do have big bankrolls, and don't do anything else for money, so they basically have to be very disciplined and to me, almost take the fun out of it. It's very true that those of us who have full-time jobs with small bankrolls are not going to make much by betting like the pros, even if we have a 60% year. My feeling now is, work hard, max that 401K, and secure myself that way. The sportsbetting part is just for fun. And sometimes, you get lucky and hit $150 3-teamers! That's my take for now, as a low roller, who had a great year last year hitting 3-teamers left and right. If it's not fun for you, don't bet. Just my opinion.

blueedwards · Aug 17, 2004

illini, i'm just pissed off. i will feel better tomorrow. i just think i need to lay off the bases, play moderatley during football, then pound this guy into submission during basketball.

the thing to do is what dime said...make the plays then don't watch the games. i find this very tough to do however. maybe i can try and do this.

what am i saying? if i had that kind of discipline, i'd be 20 lbs lighter, in bust-ass shape and have read about 200 novels by now.

GottaWinToday · Aug 17, 2004

Blue Edwards

Wanna here of a really bad run.....This will make you feel good...

In one day I bet 10 bets ALL UNDER BETS on the NBA.....That's what the system said to do.....I bet to win $100 per bet....

THAT'S RIGHT, EVERY BET WAS AN OVER.......I lost over $1300 in one day on 10 bets.....

I hit the REVERSE ten teamer....

LMFAO..........

Been playing catch up for years.....

GottaWinToday

Oh yeah. It's a hobby to me.

wantitall4moi · Aug 18, 2004

Blue I have been saying that forever. A flat bettor that can even hit 60% for a season isn't gong to get rich.

NFL and NBA are the biggest sucker sports there are. Unless you get creative and play MLs or some hedging plays picking ATS isn't going to get you anywhere in the long run, maybe a couple grand. But there is always the off chance you lose.

The ONLY seasons I have lost money in are in the NFL. I really only count one since I reorganized how I do things. But probably lost money way back when I was a true degenrate and was beting like I didn't care (like a lot of guys). I have seen both sides of the fence on betting the NFL. That is why I know how to debunk all the pretenders that make outrageous claims, because I have probably sone it at some time or the other, and it more than likely didn't work.

PanchoSanza · Aug 18, 2004

"A flat bettor that can even hit 60% for a season isn't gong to get rich."

Has to be one of the dumber things you have said.

RobFunk · Aug 18, 2004

I agree with wantitall on being creative though. I'm not saying be stupid, but buying hooks and playing at good shops and making sure everything looks just right and sometimes teasers or ML fav parlays should still be practiced. I'm not saying play a parlay with the whole balance and pray that it comes through.

capping takes time, get the most out of it. whats the risk? whats the reward? what will you be left with if a play doesnt happen?

biggest thing for me is not counting my chicks before they are hatched.

wantitall4moi · Aug 18, 2004

Pancho, do the math.

500 plays in an NFL seasson That would be a side and a total in every game basically. 60% would be 300-200.

A guy is betting 500 @ -107 and 300 winners, that is a collection of 140186.9.

Then subtract the 200 losers that is 100000.

So the guy profitted 40186.9.

If that is getting rich then sobeit, it is definately a nice profit. But not realistic for one year IMO. But it was my blind statement, so I made blind parameters.

wantitall4moi · Aug 18, 2004

Realistically a guy might get 100 plays a season, maybe 150.

So do that math out for more realistic parameter.

150 would be 90-60 @ -107

42056 minus 30000 Profit $12056

That SURELY isn't getting rich. SO as I mave said , it is all about vloume interms of flat betting. And percentages are all relative.

PanchoSanza · Aug 18, 2004

If he could hit 60 % , I guarantee you he would be playing more than $500 per game.

Even using your 2nd example, assuming his bankroll was $20k, thats a return of 60 %.

Why don't you compund 60 % over 10 years and see if he gets rich then.

blueedwards · Aug 18, 2004

guys, we all know 60% in not attainable in the long run. come on.

G.MONEY · Aug 18, 2004

BLUE,

YOU WILL FEEL MUCH BETTER ON THURSDAY WHEN YOU HIT THE LITTLE WHITE BALL..IF IT DOES NOT RAN THAT IS..........

........G.

VaultedTreehouse · Aug 18, 2004

I feel the NFL is actually one of the easier sports to make money in. Hey take the grand you might make and buy something for yourself. It's something, right?