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Handicapping Thoughts

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  • Handicapping Thoughts

    Hey guys I want to take a minute to share a couple of thoughts on successful handicapping. I AM NOT in any way saying or thinking I am superior to any of you. Rather, I hope my words and system can be of some value to some of you.

    The first thing I'd like to say is betting too many games can crush you. In my experience, the more games a person bets, the more he loses. That is because of the lack of study in each game individually, and because of people going back-and-forth and getting juiced out. Anybody ever hear the saying "less is more?" That saying applies here.

    Next up is money management. DO NOT bet all of your money on a game. In fact, never bet more than 5% of your bankroll on any game. We all know there is no sure thing, and we've all lost top-rated plays. The simple fact is, sometimes teams don't show up! Other times there are unforseen factors. Along with money management comes line shopping. You need multiple books so you can find the spread that best fits your needs. I HATE losing by 1/2 or 1 point! If I bet it and lose, I know I got the best line available. And we've all lost a game by a 1/2 point because we didn't shop in the past. That's like getting punched in the kidney, it's hurts and we should've been covering up instead of taking it.

    For those of you who follow a cappers picks and bet them because he's been hot, think twice. Nobody wins every day and the more you win consecutively, the closer you are to be due for a loss. Some days I don't play any games, and those of you who check out my picks have noticed. That is because either I don't like any games (and I WILL NOT force a play), or because I've won too many consecutive games. After a 7-0 night, I'm usually silent the next day or two. On the flip side. after an 0-7 day, I'm ready to fire because I'm due to kick some serious bootay (although I rarely actually bet 7 games in a day). There is a law of averages, and law of probability. Don't go against them. One smart way of using these laws in your favor is to "progressively" bet. Lose $10, bet double the next. Lose that, bet double the previous bet. This is a great system as you are not likely to lose THAT many games in a row. This does, however, take a HUGE bankroll. You must have enough to cover AT LEAST a dozen losses. And you cannot start with huge bets. This is more of a long-term money-making system (I use this mainly with lower-wager casino games, but it can be applied to sports or anything for that matter).

    I will not touch bases with the trends, home/road records, matchups, etc. as this is elementary and we all understand the importance of these. If we didn't we wouldn't be here.

    I hope my thought here can help somebody, or to encourage somebody who knows this but has a hard time following. And I am not in any way saying you can't or won't win if you don't bet the way I do. Different things work for different people, and I'm just sharing things I've learned in my experience.

    I encourage any of you to add to this with your personal thoughts, experiences, and systems. Together we can make better cappers and SMASH THE BOOK!!!!! Please do add here fellas (and ladies) and GOOD LUCK TO ALL!!!!!!

    p.s. I have truly enjoyed my time here since I joined. This is a great site with great people. Kapt, you are a wonderful member. I look forward to all your posts. JC, Monte, Wayne, same to you fellas. And there are lots more!
    My rating system is as follows:

    1-10 units on plays typically
    20+ on extremely hot picks, goy, etc. (VERY rare)
    ---------------------------------------------------
    LAST SEASON:

    CBB 75-42-4 +142.6 UNITS ($14260) YEAH BABY!!!

    NFL 1-0 +1 UNITS ($100)

    NBA 49-30-4 +93.2 UNITS ($9320)

  • #2
    Thanks for taking the time for the thoughts.
    I agree 100%

    Comment


    • #3
      Anybody else have anything to add?
      My rating system is as follows:

      1-10 units on plays typically
      20+ on extremely hot picks, goy, etc. (VERY rare)
      ---------------------------------------------------
      LAST SEASON:

      CBB 75-42-4 +142.6 UNITS ($14260) YEAH BABY!!!

      NFL 1-0 +1 UNITS ($100)

      NBA 49-30-4 +93.2 UNITS ($9320)

      Comment


      • #4
        I have very little experience in handicapping... but would like to add onto the money management. Being a business owner, I am very aware of money management. And I can also say I am up money in sports. I am not too sure about how long you have been using your "bet up as you loose method," but I have seen this hurt alot of people in the long wrong. From what I have seen on this board, in terms of money management, I would strongly advise agaist it. Pretty soon, you would be risking $640 to win $10! And all it takes is one bad run, and if you play of a number of years, you ARE going to get that run, and you will be wiped out- done- finished- the grim reaper has taken i mhis sickle and cut you with one swipe- you are through. Now, you have to deal with the emotional coaster of it all and try to get back in the game and all the while turn yourself into a gambler who chases loses.

        How I even got into sports was that a guy who used to work for me told me he could pick winners. My response was why then are you working for me? Anyways, I agrreed to follow him for one season... and damn he was good! But... his downfall was he was a gambler. He would make many exotic bets and hence loose. If he stuck to basic money management and staright bets, he would have been well off.

        But, I certainly think you on on an impressive roll, Niel! And everything else you wrote I agree with.

        Comment


        • #5
          Well stated and much appreciated. If I could expand upon what you already said, it would be my mantra ( though one should do as I say, not as I do! LOL) of:

          Money Management
          Discipline
          (repeat)

          etc., etc., etc.

          Thanks for the thoughtful post
          You can't always get what you want, but if you try some time, you might find, you get what you need.

          Comment


          • #6
            Thanks for the posts. SWG, you have a valid point. I have lost using my progressive betting in the past, but that was in casino play and at a point you hit the "max bet" level and you cannot double (the max bet is usually around 7x the min. bet). The odds of losing twelve consecutive plays are .05%. If you are a solid capper, this system is not needed though (I typically do not use it, but I will up or down my bets due to the laws of probability). But thanks a lot for the input on this. It makes a man think....
            My rating system is as follows:

            1-10 units on plays typically
            20+ on extremely hot picks, goy, etc. (VERY rare)
            ---------------------------------------------------
            LAST SEASON:

            CBB 75-42-4 +142.6 UNITS ($14260) YEAH BABY!!!

            NFL 1-0 +1 UNITS ($100)

            NBA 49-30-4 +93.2 UNITS ($9320)

            Comment


            • #7
              Nice write up----thanks for sharing your thoughts with us.....It's appreciated......made some sense too.....kapt


              Don't make me go Cajun on your Ass!

              Comment

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