Start with a dime, build to 8k, then lose all in one night...

[TheGeneral+]

3 games, risk a 3rd of bank on each and lose all. Account is zero now.

What kind of gambler is this? Describe his mistakes.

What does he do next?

Thanks

 

[stomie]

Ask jjgold

 

[trytrytry]

hes Finished Finished Finished for one thing.


what he did is not all that horrible. I assume he is not a sharp guy with an edge.

For any negative expectation wager the best thing you can do is bet your entire bankroll on the event, and quit either way for good. He bet 1/3 on each so that is not too horrible.

 

[michael777]

3 games, risk a 3rd of bank on each and lose all. Account is zero now.

What kind of gambler is this? Describe his mistakes.

What does he do next?

Thanks

here is what he does next :guillotin

 

[Number13]

The one mistake I see is that he picked three losers on the final day.

 

[TheGeneral+]

here is what he does next :guillotin

Oh man. There has to be a better option than death. :smoker2:

 

[michael777]

Oh man. There has to be a better option than death. :smoker2:

ok,this then :hanging:

 

[Glaken]

Poor money management, possible chasing, should have withdawn 2K when he got to 4K..and then he would have lost their money after doubling his.

Whats next? Start again, don't get greedy, and remember that night forever.

 

[Rainbow]

Quit Gambling, and start attending Gambling Anonymous meetings.

 

[2times]

Deposit another dime.....

 

[aceduecetrey]

general- What kind of gambler? IMHO, TYPICAL!

 

[TheGeneral+]

Many things to think about here. Bad MM, Thought he had an edge in all 3, just lost a dime really, but its still an issue that arises alot among gamblers like ACE hinted. Good thread to think on for newbies.

 

[jjgold]

A good gambler

He took fukkin shots and that is only way to make a score

No way to grind betting sports as you will get buried long run

 

[viking611]

Should've put the 8K on one of Fish's scalps.

 

[Number13]

It turned out to be "bad money management" only because he lost.

 

[valueman]

Some people will never learn about money management. Remember Rome was built in a day and all that ...........

 

[kidslick]

Ask jjgold

stormie he is using monopoly money.........:nono5:


i deposited a dime with a book last month have it up to 6,500
30 day rollover so i have to wait.
what did i do..


put about 4,500 on the superbowl gameline totals (for a possible middle..) fuc* them if they think i am going to give it all back.. because of that 30 day holding period..

 

[Dante]

DID you do this General??? no way right??

 

[Journeyman]

Is this a real life character or was this from a Flintstone's episode?

 

[wantitall4moi]

I don't see how he really did anything wrong.


That might sound funny coming from me. But he built the grand to 8 K, and I know he wasn't following any sort of moneymanagement system to do that, that I know of.

So he was living by the sword and he eventually died by the sword.

It just goes back to what I asked a couple days ago. Wht if he goes 3-0 instead of 0-3. Then we would probably be reading "A guy runs a grand up to 16000 and loses it all in one night". Sooner or later you are going to go broke. Because it is obvious to me that NO amount of winnings was going to be enough for whomever this was.

When you bet like that the results are almost always going to be the same. The only thing that changes is the intensity of the explosion.

In the end he still only lost a grand, or at least can rationalize it that way.