I had 1850 in my account. I cashed out 500$ with WU. And I played the rest out in stupid parlays, losing 1 - 2 picks in each.
How do you guys stay disciplined in your picks? I think I'm sticking with straight now. How much should I start over with? $100? $200? $500 that I cashed out?
I had 1850 in my account. I cashed out 500$ with WU. And I played the rest out in stupid parlays, losing 1 - 2 picks in each.
How do you guys stay disciplined in your picks? I think I'm sticking with straight now. How much should I start over with? $100? $200? $500 that I cashed out?
how many times you gotta hear it? "parlays are the quickest way to go bankrupt." my bankroll management is terrible, but i have NOT made a parlay in over a year
how many times you gotta hear it? "parlays are the quickest way to go bankrupt." my bankroll management is terrible, but i have NOT made a parlay in over a year
Because over the years I've learned that the fight is not between me and the bookie. The fight is between me and myself.
Correctamundo. It is all about discipline and knowing that if you have a bad day that they are going around again tomorrow ( and the day after that ).
Parlays are a mugs game. A wise man once told me. " Do you know how much a 5 team parlay pays? No one does, because no one ever hits a 5 team parlay. "
Because over the years I've learned that the fight is not between me and the bookie. The fight is between me and myself.
Correctamundo. It is all about discipline and knowing that if you have a bad day that they are going around again tomorrow ( and the day after that ).
Parlays are a mugs game. A wise man once told me. " Do you know how much a 5 team parlay pays? No one does, because no one ever hits a 5 team parlay. "
Bankrolls get destroyed when people mess around too much.
I quit gambling because I had no self control. I would bet anything just for action.
A friend of mine started gambling. Being experienced one, I sort of mentored him on how to play smart. He never had to go through his learning experience of making sucker bets and losing.
Anyways, his Achilles heal was whenever he made money, he would mess around doing 4 game parlays for 100 bucks a piece. He would run his account negative 5-6 hundred bucks quickly every single time.
We were usually able to win it back with a good straight bet on heavier juice, but if we lost, we would be in a world of trouble.
The last time we broke even I told him no more messing around, or I'm done helping him.
He couldn't help himself. I quit the "team" and he dropped 6 grand is profits plus another 3 grand or so because he liked betting the local teams too much just so he could watch them on TV.
If you want to be successful, you need discipline. You find the best play and you bet it. The more bets you make, the more advantage the house has.
Betting stuff for "fun" is the downfall of many. Quit the parlays, minimize on games, and protect the bankroll. If you try to strike it rich you'll probably go broke first.
Bankrolls get destroyed when people mess around too much.
I quit gambling because I had no self control. I would bet anything just for action.
A friend of mine started gambling. Being experienced one, I sort of mentored him on how to play smart. He never had to go through his learning experience of making sucker bets and losing.
Anyways, his Achilles heal was whenever he made money, he would mess around doing 4 game parlays for 100 bucks a piece. He would run his account negative 5-6 hundred bucks quickly every single time.
We were usually able to win it back with a good straight bet on heavier juice, but if we lost, we would be in a world of trouble.
The last time we broke even I told him no more messing around, or I'm done helping him.
He couldn't help himself. I quit the "team" and he dropped 6 grand is profits plus another 3 grand or so because he liked betting the local teams too much just so he could watch them on TV.
If you want to be successful, you need discipline. You find the best play and you bet it. The more bets you make, the more advantage the house has.
Betting stuff for "fun" is the downfall of many. Quit the parlays, minimize on games, and protect the bankroll. If you try to strike it rich you'll probably go broke first.
1. Money management. Bet less than 5% of your total current bankroll per bet. Be discipline.
For example: If your total bankroll is $2000. 5% of your $2000 is $100. If you lose your $100 bet, now you have $1900. 5% of your $1900 is $95. Now you bet $95 instead of $100 because of your total current bankroll has changed. Bet like this and you can either slowly gain or slowly lose but can never be completely broke.
1. Money management. Bet less than 5% of your total current bankroll per bet. Be discipline.
For example: If your total bankroll is $2000. 5% of your $2000 is $100. If you lose your $100 bet, now you have $1900. 5% of your $1900 is $95. Now you bet $95 instead of $100 because of your total current bankroll has changed. Bet like this and you can either slowly gain or slowly lose but can never be completely broke.
1. Money management. Bet less than 5% of your total current bankroll per bet. Be discipline.
For example: If your total bankroll is $2000. 5% of your $2000 is $100. If you lose your $100 bet, now you have $1900. 5% of your $1900 is $95. Now you bet $95 instead of $100 because of your total current bankroll has changed. Bet like this and you can either slowly gain or slowly lose but can never be completely broke.
1. Money management. Bet less than 5% of your total current bankroll per bet. Be discipline.
For example: If your total bankroll is $2000. 5% of your $2000 is $100. If you lose your $100 bet, now you have $1900. 5% of your $1900 is $95. Now you bet $95 instead of $100 because of your total current bankroll has changed. Bet like this and you can either slowly gain or slowly lose but can never be completely broke.
If your goal is to turn 100 into 1000 and 1000 into 10,000 in a short period of time, you will bust out constantly (and even if you do manage to do this once in your lifetime you will lose all of it back trying to turn 10,000 into 100,000)
Your goal should be turn 1000 into 1250 by betting 25 to 50 a game.
If you only have 100 to deposit, you may as well try to turn it into 1000 by betting parlays. because it isn't worth most people's time to bet 3 bucks a game.
With parlays, you can hit 75% and lose every single parlay, especially if you use the same team in all your parlays.
If your goal is to turn 100 into 1000 and 1000 into 10,000 in a short period of time, you will bust out constantly (and even if you do manage to do this once in your lifetime you will lose all of it back trying to turn 10,000 into 100,000)
Your goal should be turn 1000 into 1250 by betting 25 to 50 a game.
If you only have 100 to deposit, you may as well try to turn it into 1000 by betting parlays. because it isn't worth most people's time to bet 3 bucks a game.
With parlays, you can hit 75% and lose every single parlay, especially if you use the same team in all your parlays.
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