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  1. #1

    Default Tips For Guys Betting On Credit and Locals

    Have caps on your settle figure and what you can afford to lose. Some books just let your keep betting until your destroyed and then that is when the trouble starts, have them lock your account once a reasonable figure is hit. It is a safety measure.

    Be careful

    SBR Founder Join Date: 7/20/2005


  2. #2

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    < irrelevant poster insults >
    Last edited by Bill Dozer; 09-14-07 at 11:23 AM. Reason: irrelevant poster insults

  3. #3

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    Most guys make the mistake of chasing. They use the win a little/lose big type of approach.

    When guys are up on credit most like to keep their bets small to keep the winnings. But if they get down, boom the bets start getting bigger and bigger.

    For most guys here they are going to lose money. Obviously these statements are wrong if you truly want to beat this game. But for the most part guys are recreational players that will let emotions take over.

    They use a form of kelly criteria but they use it in the wrong direction and to extremes.

  4. #4

    Default

    Quote Originally Posted by raiders72002 View Post
    Most guys make the mistake of chasing. They use the win a little/lose big type of approach.

    When guys are up on credit most like to keep their bets small to keep the winnings. But if they get down, boom the bets start getting bigger and bigger.

    For most guys here they are going to lose money. Obviously these statements are wrong if you truly want to beat this game. But for the most part guys are recreational players that will let emotions take over.

    They use a form of kelly criteria but they use it in the wrong direction and to extremes.
    I agree with this satement 100% it's a phycologigal destructive pattern all gamblers follow. I am still to this day try to keep my emotions in check and wager with the same discipline as if I was investing in real estate or securities. It's hard to go against human nature, if u don't and gamble any lenghth of time ur burried.

    SBR Founder Join Date: 8/10/2005


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