SBR Top-Rated Sportsbooks Recommended Books
1. Pinnacle Sports SBR Rating A+ Pinnacle Sports Review
2. The Greek Sports Book SBR Rating A+ The Greek Review
3. BookMaker SBR Rating A+ BookMaker Review
4. BetJamaica SBR Rating A+ BetJamaica Review
5. Legends Sports SBR Rating A+ Legends Review
 
SBR Posters' Poll - September 2009 View Complete Results
1. 5Dimes 253 total points 5Dimes Review
2. Matchbook 252 total points Matchbook Review
3. BetJamaica 194 total points BetJamaica Review
4. Pinnacle Sports 193 total points Pinnacle Sports Review
5. BookMaker 190 total points BookMaker Review
 
 
View New Posts
 
LinkBack Thread Tools
Old 02-18-08, 06:58 PM   #1
imgv94
 
imgv94's Avatar
Joined: 11-16-05
Posts: 17,273
 
Message Me
Challenge Me
Default Please everyone, utilize money management...

I'm tired of reading these stories about chasing and losing entire bankrolls in a day or any short period of time..

I had to learn the hard way myself, I too used to chase and bet large %'s of my bankroll on one bet and that is the wrong way to go about things. Trust me as someone who has made many mistakes in the past. Chasing is never good cause then you are betting more on games you have just as much or even less of an edge on. Why bet more on games if you don't have the same edge with? Seriously ask yourself that when you have the urge to chase cause you've had a bad short term streak. Everyone has bad streaks, no one is immune to them. Many savvy veteran gamblers will tell you they have had horrific bad streaks where they went 0-12 2-17 etc.

You never want to risk too much on one play, NEVER no matter what the situation presents.



Remember if you want to get rich by gambling its not going to happen overnight or even anytime soon especially if you aren't using MM.

Please everyone..

Last edited by imgv94; 02-18-08 at 07:05 PM..
Quick reply to this message
Old 02-18-08, 07:01 PM   #2
rugbybdyb
 
rugbybdyb's Avatar
Joined: 09-06-07
Posts: 1,009
 
Message Me
Challenge Me
Default

Thanks IMVG ----- We have all learned the hard way and no matter how many times we read what you have posted until we hit rock bottom it is hard to realize how good your advice is.....
Quick reply to this message
Old 02-18-08, 07:07 PM   #3
imgv94
 
imgv94's Avatar
Joined: 11-16-05
Posts: 17,273
 
Message Me
Challenge Me
Default

Exactly, it never really hits you until you are either in Credit Card Debt or your bank account has no money left in it.

Some of these folks on here have rich parents that bail them out of bad situation but the key word is "Some"

Not all of us are lucky enough to have rich parent or siblings who can bail us out of jams.

It kills me when I read these stories cause it's so avoidable and I can relate.
Quick reply to this message
Old 02-18-08, 07:08 PM   #4
jjgold
 
jjgold's Avatar
Joined: 07-20-05
Posts: 49,729
SBR Points: 1404
 
Message Me
Challenge Me
Default

Good advice
Quick reply to this message
Old 02-18-08, 07:10 PM   #5
CrazyLou
Administrator
 
CrazyLou's Avatar
Joined: 08-02-07
Posts: 27,125
 
Message Me
Challenge Me
Default

Gyno, the problem is most gamblers just want a big rush. There's a release in there somewhere, a euphoria, that's what people chase after. Even in losing, the bottom is just as much of a high as when you're on top. The people who are serious will follow your advice, but fortunately for bookmakers most gamblers don't have that kind of discipline.
__________________
To register for cash contests: SBRpicks.com
To view industry news & info: SportsbookReview
Quick reply to this message
Old 02-18-08, 07:11 PM   #6
rugbybdyb
 
rugbybdyb's Avatar
Joined: 09-06-07
Posts: 1,009
 
Message Me
Challenge Me
Default

I have finally gotten to the point where I just gamble for fun and not to pay bills, and if I loose what I have put aside to gamble them Im ok with it, and If I win then its extra fun for me.....
Quick reply to this message
Old 02-18-08, 07:12 PM   #7
rugbybdyb
 
rugbybdyb's Avatar
Joined: 09-06-07
Posts: 1,009
 
Message Me
Challenge Me
Default

Quote:
Originally Posted by crazyl View Post
Gyno, the problem is most gamblers just want a big rush. There's a release in there somewhere, a euphoria, that's what people chase after. Even in losing, the bottom is just as much of a high as when you're on top. The people who are serious will follow your advice, but fortunately for bookmakers most gamblers don't have that kind of discipline.

That is why I live as far away from a poker table as possible.
Quick reply to this message
Old 02-18-08, 07:14 PM   #8
Glenn Danzig
 
Glenn Danzig's Avatar
Joined: 02-15-08
Posts: 365
 
Message Me
Challenge Me
Default

Married guys that gamble without their wife's knowledge are notorious chasers. Single guys like us know the value of money management.
Quick reply to this message
Old 02-18-08, 07:27 PM   #9
diogee
fadeable flamingo
 
diogee's Avatar
Joined: 01-11-08
Posts: 19,052
 
Message Me
Challenge Me
Default

Very good reminder to everyone who gambles. Great post IMGV
__________________
Quote:
Originally Posted by Panic View Post
Thats it. I'm out. Fvck this gambling shit.
Today is just one day among many.

On to Tomorrow.
Quick reply to this message
Old 02-20-08, 12:03 AM   #10
imgv94
 
imgv94's Avatar
Joined: 11-16-05
Posts: 17,273
 
Message Me
Challenge Me
Default

Please..
Quick reply to this message
Old 02-20-08, 12:13 AM   #11
CrazyLou
Administrator
 
CrazyLou's Avatar
Joined: 08-02-07
Posts: 27,125
 
Message Me
Challenge Me
Default

Quote:
Originally Posted by imgv94 View Post
Please..
You're concerned about me, aren't you buddy?
__________________
To register for cash contests: SBRpicks.com
To view industry news & info: SportsbookReview
Quick reply to this message
Old 02-20-08, 12:17 AM   #12
Louisvillekid1
 
Louisvillekid1's Avatar
Joined: 10-17-07
Posts: 4,469
 
Message Me
Challenge Me
Default

Good Advice bro,
__________________
Go CARDS!
Quick reply to this message
Old 02-20-08, 12:23 AM   #13
imgv94
 
imgv94's Avatar
Joined: 11-16-05
Posts: 17,273
 
Message Me
Challenge Me
Default

Quote:
Originally Posted by crazyl View Post
You're concerned about me, aren't you buddy?
That guy in your thread said he lost 40% of his bankroll in 3 days!!!
Quick reply to this message
Old 02-20-08, 10:34 PM   #14
imgv94
 
imgv94's Avatar
Joined: 11-16-05
Posts: 17,273
 
Message Me
Challenge Me
Default

Just read another thread from a guy who lost it all. Seems like it's daily lately
Quick reply to this message
Old 02-21-08, 08:02 AM   #15
BigBollocks
 
BigBollocks's Avatar
Joined: 06-11-06
Posts: 2,057
 
Message Me
Challenge Me
Default

This could be posted daily and it wouldn't be enough. Unfortunately it usually takes people losing it all multiple times (often despite having solid winning %s) before they begin to use money management, and even then many folks never learn. Cheers
__________________
We have punters on here that are so dedicated to this trade that they'll suck a 75 year old man off for gambling money. Now THAT'S commitment!
Quick reply to this message
Old 02-21-08, 10:57 AM   #16
B1GER1C828
 
B1GER1C828's Avatar
Joined: 07-31-07
Posts: 2,457
 
Message Me
Challenge Me
Default

all i can say, is get ur hands on the kelly formula and use it
Quick reply to this message
Old 03-15-08, 02:51 AM   #17
5 star bomb
 
5 star bomb's Avatar
Joined: 10-12-07
Posts: 5,389
 
Message Me
Challenge Me
Default

Bump... Use mm unless you want to be barreled in
Quick reply to this message
Old 03-15-08, 02:53 AM   #18
CrazyLou
Administrator
 
CrazyLou's Avatar
Joined: 08-02-07
Posts: 27,125
 
Message Me
Challenge Me
Default

Also utilize MM to avoid making silly bets on Japanese soccer players at 3AM just because you're pissed off and can't fall asleep.
__________________
To register for cash contests: SBRpicks.com
To view industry news & info: SportsbookReview
Quick reply to this message
Old 03-15-08, 03:49 AM   #19
buztah
 
buztah's Avatar
Joined: 03-23-07
Posts: 6,541
 
Message Me
Challenge Me
Default

agree, crazyl, as only an outright degenerate phuck would do such a thing or do something like routinely starting his day on a sports wagering website. It's a phucken sickness, pal.
__________________
True Lion Sports


IMPEACH OBAMA!
Quick reply to this message
Old 03-15-08, 03:56 AM   #20
WestsidePete
 
WestsidePete's Avatar
Joined: 07-19-07
Posts: 8,061
 
Message Me
Challenge Me
Default

Quote:
Originally Posted by crazyl View Post
Also utilize MM to avoid making silly bets on Japanese soccer players at 3AM just because you're pissed off and can't fall asleep.
hahaha...ive actually done this...
Quick reply to this message
Old 03-15-08, 03:59 AM   #21
WestsidePete
 
WestsidePete's Avatar
Joined: 07-19-07
Posts: 8,061
 
Message Me
Challenge Me
Default

Quote:
Originally Posted by buztah View Post
agree, crazyl, as only an outright degenerate phuck would do such a thing or do something like routinely starting his day on a sports wagering website. It's a phucken sickness, pal.
Then I must have a disease....
Quick reply to this message
Old 03-15-08, 04:00 AM   #22
buztah
 
buztah's Avatar
Joined: 03-23-07
Posts: 6,541
 
Message Me
Challenge Me
Default

You're a sick phuck, pal.

Good morning!
__________________
True Lion Sports


IMPEACH OBAMA!
Quick reply to this message
Old 03-15-08, 04:14 AM   #23
WestsidePete
 
WestsidePete's Avatar
Joined: 07-19-07
Posts: 8,061
 
Message Me
Challenge Me
Default

Kashima Antlers!! actually saved my ass a couple of times...japan soccer team...
Quick reply to this message
Old 03-15-08, 04:16 AM   #24
buztah
 
buztah's Avatar
Joined: 03-23-07
Posts: 6,541
 
Message Me
Challenge Me
Default

Ping pong has saved me thousands. Can't name a single player but going heavy on a dude with a name that sounds like Phung Fao Phat at 4 am cuz he's a -200 fave has saved my azzzz many times.
__________________
True Lion Sports


IMPEACH OBAMA!
Quick reply to this message
Old 03-15-08, 04:17 AM   #25
WestsidePete
 
WestsidePete's Avatar
Joined: 07-19-07
Posts: 8,061
 
Message Me
Challenge Me
Default

these names are great...personal favorite, mitohollyhocks ...go hollyhocks!!
Quick reply to this message
Old 03-15-08, 04:18 AM   #26
diogee
fadeable flamingo
 
diogee's Avatar
Joined: 01-11-08
Posts: 19,052
 
Message Me
Challenge Me
Default

Damn Buzzy...ping pong. Now that is what I call a true gamer
__________________
Quote:
Originally Posted by Panic View Post
Thats it. I'm out. Fvck this gambling shit.
Today is just one day among many.

On to Tomorrow.
Quick reply to this message
Old 03-15-08, 04:19 AM   #27
buztah
 
buztah's Avatar
Joined: 03-23-07
Posts: 6,541
 
Message Me
Challenge Me
Default

Diogee, if they took away sports wagering I would bet the neighbor on the color of the next car to pass by. It's a real sickness, pal. get out before you're in too deep.
__________________
True Lion Sports


IMPEACH OBAMA!
Quick reply to this message
Old 03-15-08, 04:20 AM   #28
WestsidePete
 
WestsidePete's Avatar
Joined: 07-19-07
Posts: 8,061
 
Message Me
Challenge Me
Default

you can bet on hand ball too...
in 5 hours a german team is -10000 on the ml to win...
Quick reply to this message
Old 03-15-08, 04:21 AM   #29
WestsidePete
 
WestsidePete's Avatar
Joined: 07-19-07
Posts: 8,061
 
Message Me
Challenge Me
Default

now here a big ball bet..go against a team that's -10000 to win...the dog gets +1300 to win and +1700 to draw...
Quick reply to this message
Old 03-15-08, 04:22 AM   #30
imgv94
 
imgv94's Avatar
Joined: 11-16-05
Posts: 17,273
 
Message Me
Challenge Me
Default

Anyone ever fuk with Darts betting?
Quick reply to this message
Old 03-15-08, 04:23 AM   #31
buztah
 
buztah's Avatar
Joined: 03-23-07
Posts: 6,541
 
Message Me
Challenge Me
Default

Se Hyuk Joo is offering some serious value in the Kuwait Open today. Lin Ma is overvalued. WSP, you on this?
__________________
True Lion Sports


IMPEACH OBAMA!
Quick reply to this message
Old 03-15-08, 04:23 AM   #32
diogee
fadeable flamingo
 
diogee's Avatar
Joined: 01-11-08
Posts: 19,052
 
Message Me
Challenge Me
Default

Quote:
Originally Posted by buztah View Post
Diogee, if they took away sports wagering I would bet the neighbor on the color of the next car to pass by. It's a real sickness, pal. get out before you're in too deep.
Only been in the game for less than half a year and I am already in too deep...I am a lost cause
__________________
Quote:
Originally Posted by Panic View Post
Thats it. I'm out. Fvck this gambling shit.
Today is just one day among many.

On to Tomorrow.
Quick reply to this message
Old 03-15-08, 04:25 AM   #33
diogee
fadeable flamingo
 
diogee's Avatar
Joined: 01-11-08
Posts: 19,052
 
Message Me
Challenge Me
Default

I am not crazy enough to lay -10000....
Wagering on darts could be profitable with inside information
__________________
Quote:
Originally Posted by Panic View Post
Thats it. I'm out. Fvck this gambling shit.
Today is just one day among many.

On to Tomorrow.
Quick reply to this message
Old 03-15-08, 04:34 AM   #34
HAPPY BOY
 
HAPPY BOY's Avatar
Joined: 08-10-05
Posts: 4,734
 
Message Me
Challenge Me
Default

Quote:
Originally Posted by WestsidePete View Post
Kashima Antlers!! actually saved my ass a couple of times...japan soccer team...
wow! I understand though I too would steam and chase money. I don't know if it was trial and error or what, but I learned money management. Great points in this thread guys. Nice write up Gabe. To me when we make poor bet units its a combo of greed and rush, then when we lose the inevitable guilt. Fvck that. Young guns out there if you want to make money in gambling practice DISCIPLINE. DISCIPLINE is boring and tedious ,but its the only way to stay away from a zero bank roll. Once again great thread!
__________________
Shanty if boobs tru Robyn then Happy go boing in rabbit jack action on meat sausage. You get my drif u modder. :grrr:
Quick reply to this message
Old 03-15-08, 04:43 AM   #35
imgv94
 
imgv94's Avatar
Joined: 11-16-05
Posts: 17,273
 
Message Me
Challenge Me
Default

Thanks Happy Boy thats means a lot coming from you..

I sure wish I would of listened to those who tried to instill MM into me. I'd be a lot better off now.
Quick reply to this message
 


SBR Featured Videos

Thread Tools
Display Modes



All times are GMT -5. The time now is 02:32 AM.


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33