I know that you are a "professional" gambler and touter and handicapper, but I have been in this game for almost 40 years and going to offer you some advice.
You will never win betting that many games a night.
Go ahead and give me all the crap you want, but you are a bookmakers dream.
I am not rooting against you, and I like your picks and have even tailed you many times, but actually playing 10 games a night is a losing proposition.
Excellent points!! And you hit the nail on the head in many aspects.
However, let me interject just a sec as to why so many games and probably after I sit down and over-analyze again why I am playing a particular pick or not perhaps I'll knock the 10 per day down to a small few. I've done this on a few occasions but very limited over the course of 33+ years.
I've used a system since 1981 when I first started handicapping and in 30+ years mostly just playing a few like you said, plays a week, mostly in football and MLB, the system I used and developed and kept note pads on because back then the only computer you could use was a MAC with a DOS program and I am not a computer geek one iota, that system I used before I moved from Nebraska to the Triangle (lost it in some boxes at ex's), earned me close to
2.3 million dollars over the course of 33 years, mind you I had stopped a few times in between due to my contractual obligations with some professional sports teams I was associated with.
I use a bankroll which I can afford, anyone who does gamble, in my opinion, needs to do their own homework for one and two, they need to really look in the mirror and say, "how much can I afford to lose?", the ones that can control it and live in the reality of gambling can earn some money but you have to consistenly win well over 53.5% of the time out of 100 bets with equal amounts of money (units I use) to earn anything.
If I wasn't in the financial position I am today, I wouldn't play as often as I do for as much as I do. I like to play for the action and to earn some extra "dough". I have ups and downs as anyone who handicaps and wagers. There are many who just handicap and don't wager and they sell their picks - I for one tried that route for a couple years with a 900 number, but that takes a lot of work and discipline and maintaining it to make it work and spend some on advertising. This is a hobby of mine. I'm not a professional tout and would never try it again or urge anyone to even become a tout, you get more headaches than it's worth. If you like to make a wager and are successful at it, the more power to you! To this day, I do not know one person who's been around as long as I have, who's made money wagering on sports every year, year in and year out. So having a lump sum put away for each sport, which I do each year, helps give me enough discipline to say, "if I lose all of this, that is it for that sport for that season!" Again you have to be disciplined in that manner.
So for example as to what I'm saying, I put $10,000 in an account time the number of sports I wager on, one for the NFL, one for College foots, one ea for NBA, College Hoops, NHL, CFL and MLB. I can afford this, not everyone can and I don't encourage anyone to put out that type of money and for some what I put out might be their weekly allowance, I have no idea and could care less, but for arguments sake, that's what I use and I chop the amount I have on hand and divide it by 100 units, and I play accordingly. I used to use a 1 thru 5 rating system, then chopped it down to 1-3-5 recently, like last spring after NCAA was done in regular season and March madness began.
So again, what you stated "fastandcash", does make sense to me, it really does, but if my system has 10 play out of 100 plays (including totals and sides) in one sport, more often in college hoops and college football, that's only 10%. If I played 10 games at 1 unit each that would be 11.1% units and if I won 6 of those contests, I would be up 3.9 units (laying 11/10). That's why I play that many in a day in a particular sport. The system I've used and have used here the last 3 years - I have tweaked it a few times and broken it down the night after how it did and how it didn't do. It used to work great for College hoop totals but last 3 years it's stunk!! Totals can do that to you in any sport anywho!! LOL!! :142smilie
But what I'm solemnly going to do after tonight, "fastandcash" is try to nail down the best play that sticks out for that particular sport and play that, which would be how I come up with my 10 and 5 unit rated plays which have been over 64% since I've been tracking them in 1996!
I believe I am 30-7 in 10 unit plays since coming back to MJs in 2010? Last time I checked that was 81.08%! For me, that's + $23,000 minus the juice on $1,000 to $1,100 per 10 unit play.
I appreciate all the kinds words and encouragement from everyone here at MJs. It's truly valuable information and a good food for thought piece to help me as I try to perfect the un-perfection of wagering or "gambling" if you will.
My son-in-law, who listens to the heavy hitters, has told me a great story about a guy who was on 60 mins one night a few years back, Billy Walters, and a question was asked to Billy if he ever had lost money in a year and what was his answer?
YES!! He did. He was also a bookmaker and he learned from his own weaknesses and others' weaknesses what to pounce on and what not to pounce. He'd also put dummy money on a play to get followers on it so the line would move towards his favor and he'd go completely opposite that play and lay a houseload and cash in. He pissed off a lot of folks, but he wasn't in it for them, he was in it for himself!
So again, thanks for the guidance and tidbit of info and suggestions. They will not fall on deaf ears, I promise you that!
Thanks again!!
WB
