Farewell guys

Forum: Systems & Strategies Page 1 of 2  1 2  
Author: [Systems & Strategies] Topic: Farewell guys
smdio PM smdio
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Posted: 11/10/2010 9:29:17 PM
I've started a few different threads on this forum including chases for various systems, and have been participating in tailing a few others (dj_destroyer, TheThinker).  

I just can't do it anymore.  Although I haven't lost money (yet), I can't take the stress of losses.  The last 2 nights now, teams that we had plays on had enormous leads going into the final period, only to see them evaporate and my bankroll shrink.  I just can't take the losses.  This is why I quite several years ago.  

I apologize for the threads that I started and those that decided to tail them.  If someone wants to pick up the slack, you're more than welcome.

I just can't deal with this.  I have far more important things in my life to worry about other than being stressed out all day long about sports, and to go home aggravated to my family. 

Peace out guys 
Jokeheads PM Jokeheads
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Posted: 11/10/2010 9:45:31 PM
Sorry to hear. Enjoyed all of your thoughts.

If you are that stressed about losses, you are probably betting too much. Divide your bet size in 2 or 5...and keep it going. Gambling should always be a hobby. I'll never make a living doing it, but I will enjoy it.

You should do the same.
butta01 PM butta01
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Posted: 11/10/2010 9:48:28 PM
Just give it a break...

Winners don't quit
SKiLLsSoLoN PM SKiLLsSoLoN
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Posted: 11/10/2010 9:50:59 PM
Just like that saying "Can't take the heat stay out of the kitchen!"


Take a easy!
bettor2win PM bettor2win
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Posted: 11/10/2010 9:56:13 PM
SMD... Man, I hear ya brother. Family does take a hit from this crap.  My head spins every nite when I come home.  Kind of like coming home to pay the bills when I get on the comp and constant score checking.  I may just put this crap away for a while too.  But, until I do, may I win. Goodluck my friend.  Take care until we meet again.
cashColt PM cashColt
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Posted: 11/10/2010 10:21:03 PM

I hear ya Smdio. Even when it's just a hobby and your bankroll is essentially disposible income, losses still take a big toll. Capping games and monitoring chase systems takes a lot of time and effort. When you're losing or just breaking even it's hard to justify losing the time that could have been spent elsewhere.

I've taken some of the worst beats I've ever seen in the past week. Using responsible money management my bankroll is still healthy, but the stress and frustration definitely spills over into life outside of sports. Personally, I'm gonna keep grinding because I believe things can't get any worse than they have been, and I have accepted that no matter how much you research and analyze, the end result of a sports bet is completely out of your hands. It takes more discipline to not let the losses get to you than it does to follow a system religiously or maintain proper money management.

That being said, it also takes some balls to quit while your ahead. Most bettors will tell you it all comes down to winning money. I would argue that sports bettors risk more than just money. There is also a signicant opporunity cost associated with the time spent handicapping games, as well as an individuals happiness and well-being. If there overall costs (i.e. time, money, stress) outweigh the benefits (profits, enjoyment) for an individual, then in the long run, a bettors time and resources would be better spent elsewhere.

HotShotPicks PM HotShotPicks
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Posted: 11/11/2010 1:37:49 AM
Goodluck my friend I wish you the best.

kreatture PM kreatture
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Posted: 11/11/2010 2:04:15 AM
Degenerates..
kreatture PM kreatture
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Posted: 11/11/2010 2:05:53 AM
QUOTE Originally Posted by smdio:


 
I just can't do it anymore. 




kreatture PM kreatture
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Posted: 11/11/2010 2:08:18 AM
QUOTE Originally Posted by Jokeheads:



Gambling should always be a hobby. I'll never make a living doing it....


Kill me now..

The crap I keep hearing on this forum. Insane. 
nolemonasses PM nolemonasses
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Posted: 11/11/2010 6:04:58 AM
Jokeheads nailed it. Lower your bets. Lower them so much that you don't run to the computer/tv to score check or follow the game you are betting.
LSU2thBone PM LSU2thBone
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Posted: 11/11/2010 8:19:36 AM
A mature decision...I see you on a lot of different threads. Maybe just betting too many systems at the same time. I'm contemplating that whole scenario myself.

But if you are going to quit, you should not even be reading this post. Good luck
Snappa PM Snappa
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Posted: 11/11/2010 10:13:13 AM
I hear ya, SMDIO.   It sounds like a change is in order.  I, too have had heavy hits to my BR lately, so I re-evaluated my wagering scenario and realized I was taking way too much action(15-20 games per day).  So I went through my records and cut out the areas that were dragging me down and kept the ones that are most profitable, with a couple systems on the bubble.  I feel less stressed after only one day....for one thing it has saved me at least an hour of work capping all those games or researching systems.  So, maybe after a reasonable break, you might consider betting just 2 or 3 games per day at a unit level that allows you to relax and not stress over losses.  Whatever you do, GL to you and your fam.
               
smdio PM smdio
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Posted: 11/11/2010 1:12:20 PM
Well you guys certainly give great advice.  I was contemplating not even reading the responses, but I'm glad I did

I think you're all right.  I was following 4 different chase systems (JM v4 NBA, Anti-JM v1 & v2, JM NFL, and JM v4 NHL).  This resulted in roughly 4-5 wagers per day, and even more on Sundays for NFL.  I was also tailing TheThinker in the "Power Ratings" thread, as well as dj_destroyer's daily picks in the "Destroy the Books" thread. My total wagers were in the vicinity of 15-25 per day, depending on the card. 

I'm going to cut everything except the Power Ratings program.  This is probably just temporary, but I'm just totally sick of the stress and the time it's taking away from my family.  I shouldn't have to get home from a long days work at 7 or 8 at night and have to constantly be checking scores and then getting extremely pissed off at the results.  That's just not fun whatsoever, it's more of a burden.

Thankfully, I'm still in the +$ range, and that really has nothing to do with why I want to quit.  I just can't justify the stress and ruining of my days/weeks, and potential harming of my family in the long run.

The Power Ratings thread is very unique and it's yielded the most profits so far for me.  I'm going to stick with Thinker and ride it out.  I advise others to do the same, if you aren't already

I really, honestly, genuinely appreciate the advise.  That's why I came here to begin with.  Thanks guys 
metslider PM metslider
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Posted: 11/11/2010 1:42:05 PM
smdio

the only plays i put in nightly are with the thinkers power play system.  on the weekend i will play my own NFL games.  The only thing I watch is my NFL plays.  Its not easy to do but i force myself to do anything other than watch the games or scores.  no matter what i do it wont change the outcome so why have no life.  I am not capping the nhl or nba because i dont want to nor can i do it well.  the beauty of the thinker is i dont have to.  he can do it for me and i can make the profits.  welcome back smdio 
like2betmore PM like2betmore
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Posted: 11/11/2010 1:50:42 PM
Thinker thread the best to tail.  Close second I would say is societic hustle.  Man is + everyday. Start small and build it back up.  There is a bet everyday if you can just win one more than you lose everyday it builds up very fast.  Like someone said its a marathon not a sprint.  Winning 50 bucks a day for 3 months can add up quite nicely. 
Snappa PM Snappa
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Posted: 11/11/2010 2:34:41 PM
Sounds like you have a good head on your shoulders Smdio.  You are not alone with your gambling problems,bro....I'm sure a lot of us here on these threads have had issues too.  You had the balls to bring it out in the open. I guess there really is something to that old axiom "Everything in moderation."  Anyway, welcome back, and keep posting!
            
oilcountry99 PM oilcountry99
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Posted: 11/11/2010 3:18:48 PM

packed it in for less than 24 hrs.....you either need sympathy or have a problem, I hope it's not the latter.

why start a farewell thread, why not start an advice thread instead

ridiculous

nolemonasses PM nolemonasses
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Posted: 11/11/2010 3:23:32 PM

I quit chasing starting this Fall, and man what a stress reduction.

I used to defend chasing, but not anymore. To each their own...

Good call to eliminate those in my opinion. Thinkers system is good b/c of no chasing and all + money bets.

Flat betting AJM NBA on B and C bets is another option for you to consider if you want to add back more options later this year.

jv040 PM jv040
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Posted: 11/11/2010 10:09:42 PM
I'm going to miss you being around.   heres to hoping youll stay and post even if you don't bet. 
swahili PM swahili
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Posted: 12/15/2010 10:09:09 PM
please never leave -- you keep me laughing with all your words of wisdom
scotth69 PM scotth69
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Posted: 12/15/2010 10:20:04 PM

i guess in 1 month you now know EVERYTHING...great to have you around.

Do you do 401K Money Management as well?

kreatture PM kreatture
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Posted: 12/16/2010 2:05:16 AM
This was one of the funniest threads of the year.. it should definitely be nominated for some type of Award..!

This thread deserves an Award equivalent to a WWE Slammy!!


kreatture PM kreatture
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Posted: 12/16/2010 2:10:53 AM
And now.. the COVERS SLAMMY for the BEST DRAMATIC POST OF THE YEAR goes too...............


SMDIOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

(in very fine print on the bottom of the screen.. "Earlier tonight, Smdio also received the Brett Favre Retirement Award, awarded to the stupidest retirement of the year, with the quickest return to the field.")

I'm expecting an acceptance speech for this, btw, smdio..
alldayinvestor PM alldayinvestor
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Posted: 12/16/2010 2:19:19 AM

Kreatture,

 

Where is your new thread at?   I followed your baseball stuff before and anxious to see your latest creation. 

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