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Thread: What are your rules when you gamble??

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  1. #1 What are your rules when you gamble?? 
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    I noticed Fishead won't take an NFL fav bigger than -3 and McIrish has mentioned he don't like to bet NBA road teams. Most people around this place are fairly sharp, what are your "guidelines". I only have 2 rules .......

    1. Don't chase under any circumstance.

    2. Be patient and wait for good bets.

    I figure to be in the minority as most gamblers are a lot more strict but different things work for different people and I am interested what they are
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  2. #2  
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    Actually it's road chalk in the NBA I shy away from, not just any old road team. Will take them if I get some points.

    Good thread, be interested to what others might share. I like your two Valdosta, can be tough to adhere to but will save you a load of money if you do.
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  3. #3  
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    My rule: If I can't keep my initial investment, stop playing.

    Bet on every game -> there's always going to be a winner
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  4. #4  
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    Don't bet for the sake of action.
    Don't listen to others.
    Don't change your bet because of listening to others.
    Don't play a sport not familiar with.
    Don't chase.
    Don't bet with money you don't have.
    Don't play on sunday because on the 7th day Jesus rests.
    Don't bet with your heart(betting on your teams because they're your team ex. Dante not betting on the steelers.)
    Don't take this too serious.(If you can't handle losing then you're in the wrong game.)
    Don't play nba/nfl totals.
    Don't go all in.
    Don't bet on orl or oak, although i think orl will win their next game regardless of who there playing and spread.
    Don't listen to me.

    Chatroom anyone?
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  5. #5  
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    <BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Patrick McIrish:
    Actually it's road chalk in the NBA I shy away from, not just any old road team. Will take them if I get some points.

    Good thread, be interested to what others might share. I like your two Valdosta, can be tough to adhere to but will save you a load of money if you do.<HR></BLOCKQUOTE>

    Shit, yeah that's what I meant about you It's a little late right now
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  6. #6  
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    <BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by JESUS:
    Don't bet for the sake of action.
    Don't listen to others.
    Don't change your bet because of listening to others.
    Don't play a sport not familiar with.
    Don't chase.
    Don't bet with money you don't have.
    Don't play on sunday because on the 7th day Jesus rests.
    Don't bet with your heart(betting on your teams because they're your team ex. Dante not betting on the steelers.)
    Don't take this too serious.(If you can't handle losing then you're in the wrong game.)
    Don't play nba/nfl totals.
    Don't go all in.
    Don't bet on orl or oak, although i think orl will win their next game regardless of who there playing and spread.
    Don't listen to me.

    Chatroom anyone?<HR></BLOCKQUOTE>

    I like your list. I have been guilty of #3 and #4 and got burnt a bit. Learned from my mistakes though Sure, I am up for chat
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  7. #7  
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    Enjoy betting. Dont let it control you.



    "Any questions refer back to my name"

    [This message was edited by Dont Ask on November 30, 2003 at 03:12 AM.]
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  8. #8  
    RX Senior drunkguy's Avatar
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    1. Never play heavy chalk in baseball (-150 or so), especially on the road

    2. If you can't get the "best" line on a game, pass on it. If the line has moved against you, don't bother with it. Value is probably gone.

    3. Always play a low % of bankroll. Anyone can go on a losing streak.

    4. Never lay 7 or more in NFL.
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  9. #9  
    The Great Govenor of California Railbird's Avatar
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    Take 2 weeks off and then quit
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  10. #10  
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    Take 2 weeks off and then quit only to play tennis with the fine OC women right?

    In chatroom.
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  11. #11  
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    A couple of rules for me.
    1 Never bet bad teams to cover.
    2 Bet teams you feel can win the game.(ex.)if you give team no chance to win game pass or play team that can win.Many 14 plus to 20 plus pointspreads there can be logic on why they can win game if not do not play or must play favorite if under can win in your mind play the dog.
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  12. #12  
    RX Senior mvbski's Avatar
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    I always take a extra look at home dogs
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  13. #13  
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    Good thread topic Valdosta.

    Two more quick rules that I follow pretty strictly involving lines and that is......

    SHOP THE BEST LINE & MOST CERTAINLY, NEVER EVER TAKE ANYTHING REMOTELY WORSE ON A LINE THAN YOU COULD HAVE HAD EARLIER. FOR INSTANCE, IF I CAN CURRENTLY GET +7.5 ON A GAME THAT IS THE BEST LINE AVAILABLE AT THE TIME BUT WAS +9 EARLIER, I WOULD PASS THE GAME.

    Again, dont point these out in a public forum much, but this is my EASY way to profits in the NFL. Follow these rules and you will certainly not lose in the NFL ever again.

    1. GET BEST LINE POSSIBLE
    2. NEVER LAY OVER -3
    3. MAKE SURE THE OPPONENT YOUR BETTING AGAINST IS A TOP 5-6 JOHN Q. PUBLIC BACKED TEAM.

    Good luck friends!
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  14. #14  
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    bonus scalp and cashout!

    A winner everytime
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  15. #15  
    RX Local Dante's Avatar
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    Never bet more then you feel comfortable losing...(in fact if you consider it LOST already it should not make you feel bad)


    NEVER chase

    Take breaks if you go on a decent losing streak
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  16. #16  
    Never bet against the house.And never bet an amount that you are pissed off if you lose.
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  17. #17  
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    I have one rule, though its not self imposed.

    No winning allowed.
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  18. #18  
    I am sorry for using the "R" word - and NOTHING ELSE! winkyduck's Avatar
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    i never place a wager on a game less than 15 minutes before it starts. i had a lot of time to bet on the game and by choosing to do it at the last minute i find the play isn't based on logic or anything but emotion - and that is where i get killed. the only excpetion is maybe on saturday's during CFB season if i have bet a few games before the one i want to bet - and i am waiting for them to end so i can see what my balance is before i bet the game i intended on betting all along.
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  19. #19  
    RX Local Fishhead's Avatar
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    <BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by winkyduck:
    i never place a wager on a game less than 15 minutes before it starts. i had a lot of time to bet on the game and by choosing to do it at the last minute i find the play isn't based on logic or anything but emotion - and that is where i get killed. the only excpetion is maybe on saturday's during CFB season if i have bet a few games before the one i want to bet - and i am waiting for them to end so i can see what my balance is before i bet the game i intended on betting all along.<HR></BLOCKQUOTE>

    Not knocking your strategy as it is hard to argue with success and whatever works with you, BUT......feel you are missing out on some great lines by not waiting. The line you are shopping for should dictate the time you make a wager.
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  20. #20  
    Fish,I think Wink means impulse betting.I myself usually wait till just befroe kick,because I'm betting against public,I should get the best # then.But my descion as to who to bet is made long before that.
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  21. #21  
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    1-MULTIPLE OUTS!!!

    2-NEVER NEVER NEVER TAKE A BAD NUMBER!!!

    3-BET DOGS VS. FAVORITES & UNDERS VS. OVERS BY AT LEAST A 2-1 RATIO EACH MONTH!!!

    4-TREAT THE NUMBER "2" in HOOPS WITH ALMOST THE SAME IMPORTANCE AS YOU WOULD THE NUMBER "3" IN FOOTBALL!!!

    5-HOME TEAMS ARE OVERRATED AS A GENERAL RULE!!!

    6-FOLLOWING ONE TEAM VERY CLOSELY IS NOT A BAD IDEA, ESPECIALLY IN COLLEGE SPORTS!!!

    THE SHRINK
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  22. #22  
    RX Senior tuleythetout's Avatar
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    Good stuff...something we've all heard before but sometimes forget in the heat of battle. It's always good to reminds ourselves of these "rules"

    My money management rules for blackjack:

    Only buy-in for half my bankroll for that session (if the most I'm willing to lose is $200, then only buy in for $100). If I lose the first $100, I only go to my wallet one more time -- AND ABSOLUTELY NO TRIPS TO THE ATM!!!

    Set win limits as I go. If I'm up $200, then I won't leave with less than $100 profit. Once I drop to that level, I cash out. If I'm up $300, the threshold if $200, etc.

    Also, I set a win limit. Once I'm up 20x my average bet, I won't leave with less than that. If I'm betting $20 a hand, that's a total profit of $400. If I increase my bets during the session to $50 a hand, then $1,000 would be win limit.

    I've had so many sessions in which I was way up and ended up giving it all back (and then some). I found that the 20x rule was pretty much the ceiling of what I could reasonably expect to win.
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  23. #23  
    RX Senior Mr. Jones's Avatar
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    Excellent thread gentlemen,

    Much to be learned here like the Fish and McIrish rules for NFL and NBA for example.

    #1. A pattern for me is clearly evident over the last few years. I do well in college foots to a lesser degree and college baskets to a greater degree. McCain and Osborne This may be due to being retired and having the time necessary to spend on these two sports.

    #2. All other games have too some degree at least cut into my bankroll. I know why I still bet and lose the small change that I do in those games. And so do you so I don't have to go into it.

    #3. Never chase but look for gift halftime lines which I do not categorize as chasing. Basically why I keep The Greek around.
    If I think I got an opinion, I start refreshing that screen before the half ends. The TENN Vols -7 2nd half yesterday was only up for a few seconds before going to -7.5 and falls into that category.

    #4. My best results come from straight bets only. 1% to 2% of bankroll. I try to flat bet mostly but at times I can't but still stay within 1% to 2%. I deviate from this only in my none winning sports where I bet "beer and pizza" money and usually don'r get the beer or the pizza. But still straight wagers always for me. I know a lot of you will disagree but I do what works for me.
    #3. Shop for lines but when there is no advantage spread my wager amounts into different outs.
    #4. I obsessively keep records which falls into having time enough to do so and, aside from not chasing, maybe the single most valuable thing I do.
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  24. #24  
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    <BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Judge Wapner:
    Never bet against the house.And never bet an amount that you are pissed off if you lose.<HR></BLOCKQUOTE>

    Some people can't help it. I am pissed off if I lose $5. a $2600 loss (I think that was my worst), had me pissed for a day. I am a VERY competitive person. It don't last long though (the being pissed off part).
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  25. #25  
    Val,I def understand.I've been doing this for long enough that I don't get pissed when I'm losing or elated when I'm winning.Of course except when the beat is unusually bad.
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