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I am officially quitting sports gambling. Here's why

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Participants:

Posts: 67

moneyisevil

Prospect

Joined: Feb, 2013

Posts: 124

Posted: Mar. 15, 2013 - 1:11 PM ET #51

He also told me that sports gambling screws up your health in the long run because of all the backdoor covers at the very last second. He said that kind of BS happening all the time has got to take a toll on your health

VenomLugz

Veteran

Joined: Sep, 2008

Posts: 1523

Posted: Mar. 15, 2013 - 2:23 PM ET #52

quit now because you like his old's ball!!!

gamblerdevil911

Veteran

Joined: Dec, 2007

Posts: 4630

Posted: Mar. 15, 2013 - 4:52 PM ET #53

USE your money$$$$$$$ to make $$$$ or invest in something that make you money not buying beer or buy hooker or crack that why it fark you up . gambling is like buying stock at your own risk you losing because you doing something bad

lighten up

cuben2006

Prospect

Joined: Sep, 2010

Posts: 467

Posted: Mar. 15, 2013 - 5:16 PM ET #54

Quote Originally Posted by moneyisevil:

Well I'm 25 years old and have been sports gambling on and off for the past 3 years. I ran across a very old guy in his 90's today and he said he used to be heavily into sports betting back in the day. He told me to get out while you can. I asked him why and he said "it feels good when you win. You feel like you're on top of the world, you buy a lot of nice and fancy things and you feel great. But when the money starts to go thin and you are looking for another big win, you end up losing and in the process you lose back all of the things you bought with the money you won previously. Even when you win you're really losing. It's a losing game"

I never really thought about it that way, but the old man made a lot of sense. I have a good paying job, but I would like more money which is why I gamble on sports, but what I now understand is that making fast money is just as fast to lose.

From now on I am going to play it safe and just continuing working at my job and saving my money. Deciding to get out of gambling early. Slow and steady wins the race I guess

Quit now or it will be too late

stopweeping

Veteran

Joined: May, 2011

Posts: 1290

Posted: Mar. 15, 2013 - 5:20 PM ET #55

see you in the baseball forum in April bro

trustandfall

Banned

Joined: Dec, 2011

Posts: 2013

Posted: Mar. 15, 2013 - 5:24 PM ET #56

Quote Originally Posted by moneyisevil:

He also told me that sports gambling screws up your health in the long run because of all the backdoor covers at the very last second. He said that kind of BS happening all the time has got to take a toll on your health

Ok, and you believe this? Now I know you're BOTH off your rockers.

Bodogjoe

Rookie

Joined: Apr, 2007

Posts: 926

Posted: Mar. 15, 2013 - 5:38 PM ET #57

been though up and down.....the only way to do this is bet small or not at all......don t get caught up in the ....OH MAN I COULD HAVE WON THIS MUCH OR SOME OHER BUUL garbage.....biggest rule in gambling.....DON T BET MORE THAN YOU CAN AFFORD......YOU can have fun ....you got to have self contoll BOL IN YOUR life.

Vic-Vega

Legend

Joined: Feb, 2007

Posts: 31469

Posted: Mar. 15, 2013 - 7:36 PM ET #58

There's only one thing worse than losing.....not playing the game at all.

j18

Prospect

Joined: Jan, 2012

Posts: 243

Posted: Mar. 15, 2013 - 8:55 PM ET #59

Quote Originally Posted by baseonstat:

THE OLD MAN ISNT WISE ENOUGH TO WIN MONEY. ITS A ZERO SUM GAME. SOMEBODY WINS WHEN SOMEBODY LOSES. THE OLD MAN JUST LOST THE GAME

Sorry but sports betting IS NOT A ZERO SUM GAIN.

Sportbooks /Bookies make a profit.

Action_Junkee

Veteran

Joined: Mar, 2008

Posts: 3026

Posted: Jan. 17, 2015 - 11:54 PM ET #60

fadeORdie

Veteran

Joined: Sep, 2014

Posts: 3812

Posted: Jan. 18, 2015 - 1:48 AM ET #61

Will be looking forward to your picks for tonight's game. BOL!

dontknowhowtobe

Banned

Joined: Dec, 2011

Posts: 926

Posted: Jan. 18, 2015 - 2:03 AM ET #62

Carll

Veteran

Joined: Jul, 2014

Posts: 1482

Posted: Jan. 18, 2015 - 10:34 AM ET #63

i dont get...sure we all lose...just don't bet every bet every game etc...if you had of bet $1000 on the hawks the last month you be up $20k easy!

GeneCam27

Veteran

Joined: Sep, 2013

Posts: 3403

Posted: Jan. 18, 2015 - 11:14 AM ET #64

Thread is funny..... everyone commenting in here like they feckin win.....

97% of scrubs in here are feckin losers too.....

Shiit i musta dropped 20K to at least get a small understanding on how to win in the long run.... and that's nothing.

Old man just never learned. You gotta learn how to lose to understand how to win. You're dealing with a game where you're meant to lose over 40-45% of the time..... just remember that. And learn to understand that. You're margins are super narrow and tiny.

Baby_BA

MVP

Joined: Feb, 2011

Posts: 19550

Posted: Jan. 18, 2015 - 11:21 AM ET #65

Quote Originally Posted by fadeORdie:

Will be looking forward to your picks for tonight's game. BOL!

This thread is two years old and he hasn't posted since.

St2ee

Captain

Joined: Apr, 2010

Posts: 7947

Posted: Jan. 18, 2015 - 11:56 AM ET #66

So because a 90 year old man.....not sure why age legitimizes him or his words but, told you his own story of personal ruin, you are quitting? If you have a problem with bankroll management, then yes, sure, quit. Obviously the old man did. Sounds like he was a chasing degenerate. Rule#1 don't bet more than you can afford to lose. Generally you should never bet more than 5% of your bankroll at one time. Set 1000 aside for gambling and see where it takes you. That means $50 bets to start. You lose it all, that's it. Don't sell your PS4 and window curtains to bet again.....my god.