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  1. #1

    Default Why does everyone play on credit.

    If you can't post up money you can't afford to gamble.

  2. #2

    Default

    What if you KNOW you're about to go on a hot streak??

  3. #3

    Default

    Quote Originally Posted by mathdotcom View Post
    What if you KNOW you're about to go on a hot streak??
    Well if that is the case fire dimes at them I always say.

  4. #4

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    I play at multiple post up and multiple credit shops. I line shop. If you play at 1 shop your a LOSER!!! Literally.

  5. #5

    Default

    Quote Originally Posted by Cannon View Post
    If you can't post up money you can't afford to gamble.
    even people has money use ************

  6. #6

    Default

    I'm against putting up money that you can't afford to put up but obviously the real addicts do it for the action and because they say "oh no problem, i have 10k today, just don't lose". Then they lose and are barreled in debt.

    Smart gamblers are the ones that don't bet often and only bet with what they can afford to lose.

  7. #7

    Default

    Why not?

    It's not like because you have a credit out, that you play there exclusively.

  8. #8

    Default

    Because some people like to have cash on hand to churn into more cash instead of planting 50k or so off in Costa Rica.

    SBR Founder Join Date: 8/25/2005


  9. #9

    Default

    Quote Originally Posted by Cannon View Post
    If you can't post up money you can't afford to gamble.
    It is not always a question of whether one CAN post up, sometimes, it is only the fact that it is offered. I wouldn't like to lose $400 and pay Creditwager, but I could if it came to that. Since, they are offering a $1000 line of credit, why wouldn't I take them up on it. Sure I could post up with them, but why? I don't exactly fully trust them yet, but they have my attention as I continue to mirror my picks there. As I eventually will make withdrawals from them, I will post that and they will gain free publicity and more positive exposure.

    So, your above quote is not 100% correct, but for those who only use them as their only out and have not developed the handicapping skills to be successful, this credit is definitely not the way to go in this business.

  10. #10
    Deuce's Avatar SBR PRO
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    Default

    BarreledIn.com
    175 pts

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    SBR TRIVIA WINNER 05/17/2012

    175 pts

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    SBR TRIVIA WINNER 05/24/2012


  11. #11

    Default

    Cannon how much are you down

    try taking out a loan

  12. #12

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    Quote Originally Posted by BurtRapp View Post
    I play at multiple post up and multiple credit shops. I line shop. If you play at 1 shop your a LOSER!!! Literally.
    i couldnt agree more.i have lost games by a point,or half a point when playing at one book.i have four books i play at now.iam going to try jazz sportsbook,because iam sick of sending money offshore to bet a game.not saying jazz will give me credit, but i certainly will try.

  13. #13

    Default

    I played at creditwagering.com because I got rid of all of my ************, and don't have a job (grad student).

    I lost and can't pay.

    I played because it was the ONLY place that I could play, and I'm an addicted gambler.

  14. #14

    Default

    Quote Originally Posted by 2Pac View Post
    I played at creditwagering.com because I got rid of all of my ************, and don't have a job (grad student).

    I lost and can't pay.

    I played because it was the ONLY place that I could play, and I'm an addicted gambler.
    Admitting you have a problem is the 1st step to recovery.

    Maybe you can't cover it all at once, but if you're a good guy like I think you may be you'd get on a payment plan.

  15. #15

    Default

    Quote Originally Posted by 2Pac View Post
    I played at creditwagering.com because I got rid of all of my ************, and don't have a job (grad student).

    I lost and can't pay.

    I played because it was the ONLY place that I could play, and I'm an addicted gambler.
    you need to do the honorable thing,and pay.lesson number one is never bet over your head.iam sorry you lost,but you do ned to pay.good luck with your future bets.

  16. #16

    Default

    There's also a simple explanation: With Credit, you don't need to give up the opportunity cost of money, and you can also be funded at more sites at the same time which is often vital for getting the best price and especially for arbitrage. Some plays, especially long-term ones, are good e.v. on credit but not viable without it due to the money they would tie up.

    Of course, most people do it for the wrong reasons, but credit is very much a Good Thing when used properly.

  17. #17

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    i'm with JJJpimpdaddy, we don't pay if we lose. we take shot at books.com. we also get off on playing cat and mouse with agents

    SBR Founder Join Date: 10/9/2005


  18. #18

    Default

    Couple of reasons:

    1. No use tying up funds and not earning interest on it.

    2. If you get stiffed with a credit book, you may lose that week's profit only. On the other hand, if a post up book stiffs you, the loss could be your deposit plus profits!
    175 pts

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    SBR TRIVIA WINNER 05/21/2012


  19. #19

    Default

    I use both creditshops and postups.

    Assuming we are talking about legit paying books,

    Creditshops I collect a profit at the end of the week, wether I want to or not. The money is delivered to me in cash.

    Postups, withdrawing is a pain in the ass and thus I always roll winnings untill I eventually lose.

    It's just harder in every way to get paid from a post up in my experience.

  20. #20

    Default

    Most do not post up on credit

    Reason one does

    1. leverage
    2. Too hard to deposit/withdraw
    3. broke

    SBR Founder Join Date: 7/20/2005


  21. #21

    Default

    JJ: Where are your movies made? Looks like an office.

  22. #22

    Default

    Dozer- How much credit are you giving to start out and what books you using?

  23. #23

    Default

    Quote Originally Posted by mathdotcom View Post
    What if you KNOW you're about to go on a hot streak??
    There is no such thing.

  24. #24

    Default

    Quote Originally Posted by Arnold View Post
    There is no such thing.
    If all you believe in is math, numbers etc then you still have a long way to go. Some people are luckier than others, streaks are part of the game.

  25. #25

    Default

    why use my money i might need it!!!!!!!!!!!

  26. #26

    Default

    imagine if you have 10k in credit. that means you have interest free loan of 10k for a week. unless you're betting beyond your means, then you'd be barrelled in by paying points.

    i like to has as much credit as i can handle

  27. #27

    Default

    Quote Originally Posted by crazyl View Post
    If all you believe in is math, numbers etc then you still have a long way to go.
    OK.

    Some people are luckier than others, streaks are part of the game.
    Lucky or whatever has nothing to do with KNOWLEDGE of future events. Maybe that guy utilizes a time machine in his capping, but most of us don't.

  28. #28

    Default

    Quote Originally Posted by jackpot269 View Post
    why use my money i might need it!!!!!!!!!!!
    That's how people go in debt and screw up their lives.

  29. #29

    Default

    Quote Originally Posted by Arnold View Post

    Lucky or whatever has nothing to do with KNOWLEDGE of future events. Maybe that guy utilizes a time machine in his capping, but most of us don't.
    After enough time gambling, you can start to anticipate the streaks the more you understand them. I realize that kind of stuff isn't in your Excel spreadsheet, so it likely makes about as much sense as a "time machine" to you.

  30. #30

    Default

    Quote Originally Posted by crazyl View Post
    After enough time gambling, you can start to anticipate the streaks the more you understand them.
    This is what you like to be true, but it's not. If you can anticipate streaks, then you can anticipate which side to pick. From your posts, I don't remember you as a winning bettor, so there is no reason to talk about things you can't do.

    I realize that kind of stuff isn't in your Excel spreadsheet, so it likely makes about as much sense as a "time machine" to you.
    Of course it's not, since I'm not using spreadsheets.

  31. #31

    Default

    Quote Originally Posted by Arnold View Post
    That's how people go in debt and screw up their lives.
    I just work more overtime or try to get new business for my service business i keep a lot of credit and maintain a 725-750 credit score

  32. #32

    Default

    Quote Originally Posted by Arnold View Post
    If you can anticipate streaks, then you can anticipate which side to pick.
    Arnold streaks are a part of the game. It has nothing to do with peering into the future, but the more you understand them the more accurately you can predict them. I'm not talking about winning 11 games in a row, if that's the inference you're making.
    Quote Originally Posted by Arnold View Post
    From your posts, I don't remember you as a winning bettor, so there is no reason to talk about things you can't do.
    I don't post many picks, so I'm unsure how you could possibly make that determination. The truth of the matter is my NBA year was decent, my NFL year was disappointing.

    I may keep a public record for football this year, just because it is a sport I enjoy discussing with others.

  33. #33

    Default

    Quote Originally Posted by picoman View Post
    imagine if you have 10k in credit. that means you have interest free loan of 10k for a week. unless you're betting beyond your means, then you'd be barrelled in by paying points.

    i like to has as much credit as i can handle
    Post of year, this guy has a clue.

    SBR Founder Join Date: 7/20/2005


  34. #34
    durito's Avatar SBR PRO
    Join Date: 07-03-06
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    Default

    "Streaks" are nothing more than variance.

    Debt is a tool that can be used responsibly to one's advantage or irresponsibly to one's disadvantage. Recent history in the US suggests an excessive amount of the later.

  35. #35

    Default

    Quote Originally Posted by jackpot269 View Post
    I just work more overtime or try to get new business for my service business i keep a lot of credit and maintain a 725-750 credit score
    It's OK if you pay it in time. If you take credit and don't pay, then it's a different story.

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