9 Results for tag: money management
Here is an excellent article about aÂ
money management betting system -- written in 2011 by The 'Weatherwizard'. This might not be THE best way to do things, but it works for me. Let it be a starting point for you to develop your own
money management strategy!
A Different Perspective on your Sports Betting System:
Let me begin by saying, I am not a gambler, but an astute investor. 10% of my portfolio happens to revolve around sports, because I am good at it, or let’s say learned how to be good at it.
There is one critical area where I differ from anyone else you will ever see in this culture. I don’t view sports wagering as a ...
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There is no greater challenge facing those who handicap basketball, or any other sport, than that of keeping a clear mind when everything is going wrong and the winners are few and far between. The most talented of handicappers can bite the dust in this psychological battle, where knowledge and know-how can be reduced to mental rubble.
One bookmaker said he knows average bettors will lose 10 times more than they'll ever win, because they will stop wagering when they are $100 ahead but will keep sending good money after bad when they are losing. He says the strength of bookmaking is the fact the average bettor is satisfied to win back ...
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NHL RAW NUMBERS
Game
Score
Status
Pick
Amount
Carolina
3
5:00 PM ET
Carolina +1 -119
1.00
Columbus
2
  WINNER!
 to risk
Positive Raw Numbers on Carolina
+
55-32 +36.97 unit system active on Hurricanes
Carolina is the much healthier team in this one.
The Hurricanes just let slip a 3-5 loss and a 0-2 loss.
The Blue Jackets are on the 3 game streak and may not take Carolina seriously here.
Numbers have our guys winning straight up. I think the Moneyline is as good as the +1. Just do whichever fits your
money management style for today.
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NHL DAILY RAW NUMBERS
Tuesday, November 11
Game
Score
Status
Pick
Amount
Colorado
0
7:00 PM ET
NY Islanders -1 +136
1.00
NY Islanders
6
  WINNER!
 to risk
Buffalo
1
8:00 PM ET
St. Louis -1.5 -125
1.00
St. Louis
6
  WINNER!
 to risk
Tampa Bay
2
8:30 PM ET
Chicago -1 +116
1.00
Chicago
3
  Pushed
 to win
Basically make NYI the largest of the three / make STL and CHI a bit smaller than the usual 1 unit wager. The above is how I'm doing it, but as always consider your own
money management strategy.
*Raw NHL Numbers are hitting over 65% and up around 15% gain.
Tuesday, November 11
Game
S...
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Alright. +601 units. That's a lot if you haven't heard. I have something to say that one of my dear friends Mr. Lance said to me once:
It was something along the lines of: hey when you go hot you gotta stop going on losing streaks right after.
He's right. I don't know why it happens, but I usually have a nice down after I just shot up (not that we've 'shot up' particularly hard right now). So anyways, I will keep on giving out picks as usual, but I've said it before and I'll say it again: when you're up and happy with what you've made, don't mess with fire. Do what you can to lock in profit. A strategy I like is to simply quit the season. ...
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In colonial America stakes betting on cockfights, horse racing and in many cases hand-to-hand fights were common place. This was occasionally done as a form of rest and sometimes as a means to learn. Every time a sport was performed someone was willing to position a lay down a bet. Our American History shows that betting has always been a part of our American culture.
Betting is up all over the country as race tracks, bingo parlors, casino's, and internet gambling have been on the rise for years. It was estimated that one-in-four Americans makes a bet ...
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