I dont beleive you can ACURRATELY determine if you will get hot or cold betting wise

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Rx Wizard
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Something that I have long felt I didn't agree with was when a poster says that to slow down when you are cold or up your bets when you are hot. Doing something like that is death (IMO).

Now don't get me wrong if your bankroll hits a predetermined spot than sure you should up or down your regular bet size accordingly but trying to handicap your yourself based on how well you have done the past day or so will kill you longterm. Trying to forecast when you are going to get hot and going to get cold based on the past few days will cut into your profits . Going about your betting this way will leave you falling short of normal rate of return for your win pct in the long run, I can absoluetly guarantee it.

I can't tell you how many great days were followed by poor ones and vice versa for me. Gambling has no memory and if you are a proven bettor who has won at a certain rate then you should still be thinking or betting that way. I like to think that 90% of my bets are "beat the vig in the long run" type bets, now maybe they are not but at least I am going about it that way and overthinking things.

Now if you are betting too much and it is effecting your judgement and causing discomfort at all for you then yes you should slow down but trying to accurately predict streaks is impossibile. How do you expect to handicap your handicapping if you can't accuratley handicap the games right now:ughhh: .

I made $1,131 on 1-31 and proceeded to lose -490 on 2-1 and thankfully I bet the same standard bet that I did the day before because I knew that what I did yesterday should have zero effect on how I would do that day and this is the way you should be if you have a bankroll and follow the standard rules of betting a predetermined pct of it per bet.

My advice for guys with gambling bankrolls is to up your bets when your bankroll increases 25%, that is what most players will tell you is the right way to do this.
 

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Ice the methods you use to wager you should never stop you have a small positive ROI on every wager you make now.

for a normal run of the mill gambler its not that the past really predicts the future but during bad streaks they tend to make even more negative expecation wagers and compound their problems. so some advise to slow down a bit it solid.
 

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This is just like a trend in a market..........you never knew it was a trend until it was a trend.
 

Rx Wizard
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The Falls said:
This is just like a trend in a market..........you never knew it was a trend until it was a trend.

right!!! How are you to know when you are hot and if it is going to keep going?
 

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There's no such thing as being hot as a gambler...it's not physical .


<<<<<<<<<<----------Now he could get hot.
 

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Journey, thats a sick avatar. I might be wrong but I think that was MJ's only dunk in that whole entire series and that game was the only time he eclipsed 30pts. Payton really did a fantastic job on MJ in that series.
 

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Iceman said:
Something that I have long felt I didn't agree with was when a poster says that to slow down when you are cold or up your bets when you are hot. Doing something like that is death (IMO).

Now don't get me wrong if your bankroll hits a predetermined spot than sure you should up or down your regular bet size accordingly but trying to handicap your yourself based on how well you have done the past day or so will kill you longterm. Trying to forecast when you are going to get hot and going to get cold based on the past few days will cut into your profits . Going about your betting this way will leave you falling short of normal rate of return for your win pct in the long run, I can absoluetly guarantee it.

I can't tell you how many great days were followed by poor ones and vice versa for me. Gambling has no memory and if you are a proven bettor who has won at a certain rate then you should still be thinking or betting that way. I like to think that 90% of my bets are "beat the vig in the long run" type bets, now maybe they are not but at least I am going about it that way and overthinking things.

Now if you are betting too much and it is effecting your judgement and causing discomfort at all for you then yes you should slow down but trying to accurately predict streaks is impossibile. How do you expect to handicap your handicapping if you can't accuratley handicap the games right now:ughhh: .

I made $1,131 on 1-31 and proceeded to lose -490 on 2-1 and thankfully I bet the same standard bet that I did the day before because I knew that what I did yesterday should have zero effect on how I would do that day and this is the way you should be if you have a bankroll and follow the standard rules of betting a predetermined pct of it per bet.

My advice for guys with gambling bankrolls is to up your bets when your bankroll increases 25%, that is what most players will tell you is the right way to do this.

ICE, I'm curious why at the value of 25% is it based on that kelly criterion thing that everyone is talking about?
 

Rx Wizard
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Valuebets said:
ICE, I'm curious why at the value of 25% is it based on that kelly criterion thing that everyone is talking about?

good question and that is something most have always preached on here and other forums. Not sure but seems standard for most.
 

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A moving bankroll will always outperform a static one in the long-run if the bets are +EV. I disagree strongly with the 25% rule.
 

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In over 40 years of gambling I am convinced that it is streaky and the best way to make money is to press your bets up when things are going your way and to back them down when things are working against you.
This is not to say that you should not hone your skills to give you every advantage on the odds, but all the books are doing that also.
 

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