help me with my math here

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so assuming i can expect to hit 56% to 58% over the long term by working hard on my own plays.....always hope to hit at a higher rate, but i feel like that's a very reasonable expectation when using the "work hard at everything you do" approach....

but i also like having action, and most days i don't feel like taking the time and effort, so my original idea was on those days i will tail a solid capper here and just bet half of what i would on my own plays

then i got to thinking about it, and assuming that these action plays will probably result in a 50% W/L rate because i'm not tailing these good cappers every day, just hopping on and off....anyway, over the course of a year i suddenly realized that these small action plays will eat a serious hole in the profits i might make by working hard and sticking to what i do.....

now in a perfect world i would have the discipline just to lay off when i don't do my own work, and i'm working on that and making improvements.....but the way things are going now, it looks like i will wind up playing twice as many "small action plays" as i will plays that i actually work on, and even by betting just half the amount on these plays, the result would be basically an overall break even (assuming 56% on my own plays at 100 plays per year and 50% on action at 200 plays per year).....and that's depressing considering the time i might put into it over the course of a year

so then i thought what about making my action plays just a quarter of what a normal bet would be? the problem i run into there is the idea that you're at a point where you might as well not even bet if you're betting that small.....

point is, and sometimes i can be a master statesman of the obvious, but betting for action can seriously affect the bankroll over the course of a year even though they seem harmless at the moment.....

so i'd kind of like some feedback from the vets who are in the sports forums daily and it always seems like they have several plays going at once (you know who you are goddammit)....i'm thinking maybe i put a couple hundred in a book and use that as my "degenerate money", with the objective simply being not to lose it? i'm getting better at laying off, but i've still got some holes i need to fix.....15 years of bad gambling habits won't be fixed overnight

thanks
 

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Hitting 58% over a thousand well capped plays is not easy, I'd say it's nearly impossible. If you can hit 56% you're one of the best IMO. My advice is to only bet the games you have capped to give you an edge. Hitting 58% long term would give you an ROI of over 10%. I'd say most pros are taking in 2-3% with the very best getting close to 5%.
 

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Okay I did the math, if you could hit 56% over 100 games betting 100 dollars you'd have an ROI of 4.96% bringing in about 496 then you bet 200 games at 25 dollars hitting 50% losing you about 230 dollars, 496-230 gives you a net profit 266 dollars with an ROI% of 1.77. So if you can hit 56% but must be a degenerate only bet 25% of a regular unit on your degenerate games and you'll still come out ahead.
 

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Sooner, have you ever considered just scalping and middling?

not really fish, i don't have the bankroll necessary.....

it's not something i'm trying to be a pro at....or hell, even to make money....with any luck i'll be snapping pictures for national geographic in some obscure place or something like that in a couple years.....if i could get to a point where i'm not routinely finding myself in a bad spot because of poor betting decisions, that would be a good day.....

several months ago i asked myself if i could just walk away and never mess with it again...and the answer to that was a big fat no, and fooling myself into believing that seemed like a bad idea.....so the only logical answer becomes, "better get good enough at it so that i can keep it from fucking me up".....i might say some things on here i'd normally keep to myself, but at the same time i'm not worried about bumping into fish head and billsfan at the gas station tomorrow.....

so i'll ask questions sometimes that may be 2nd grade level in nature, but unfortunately these are some of the things i have ignored for a long time.....i have read many gambling books, and one of the first things i always did was skip the obligatory 2 page bankroll management chapter....and i've started over many times, so right now i may be going through the annual, "i'm gonna be a winner this time" phase.....

but i am encouraged by my progress since i pm'd wil a few months ago and made sure that i was welcome to come back....this is the longest i've stuck with a plan, but at the same time i've been fortunate enough to not hit the dreaded cold spell....aside from trying to incorporate more common sense into gambling and keeping it enjoyable, i think my next big challenge is how well i handle that stretch where i can't win a bet to save my life....if i can make it through that, then i might just have a chance....

between now and then i'm trying to teach an old dog new tricks....the whole 1 to 5 unit approach didn't work....so i scaled it down to 1-3 unit approach and that didn't work....now i'm trying a 1-2 approach....please God, don't turn me into a flat bettor, i may not be disciplined enough for that yet....
 

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Okay I did the math, if you could hit 56% over 100 games betting 100 dollars you'd have an ROI of 4.96% bringing in about 496 then you bet 200 games at 25 dollars hitting 50% losing you about 230 dollars, 496-230 gives you a net profit 266 dollars with an ROI% of 1.77. So if you can hit 56% but must be a degenerate only bet 25% of a regular unit on your degenerate games and you'll still come out ahead.

thanks reno, i have come to the conclusion that i must cut the action plays out of my life.....although it pains me to do so and i'm looking for every reason to keep them around....it's not like they're doing the laundry around here or anything

it's important to keep it enjoyable though....trying to find a happy place
 

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thanks reno, i have come to the conclusion that i must cut the action plays out of my life.....although it pains me to do so and i'm looking for every reason to keep them around....it's not like they're doing the laundry around here or anything

it's important to keep it enjoyable though....trying to find a happy place
We're all guilty of it, I bet the super bowl every year even though I'm 0-4 since I moved to Reno. I just have to have action on it. And I'll probably bet the World Cup in 4 years even though I went 0-8
 

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love sooner. refreshing to see some one tell it like it is and not give a fuck what other people are going to think............. but anyway, enough of the love fest....... I like the idea of dumping a few hundo into an account for your degenerate action, just pretend it doesn't even factor into your bank roll hahhah
 

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although I understand that is the type of thinking your trying to get away from. so hell I don't know. I'll pull up a seat and listen to what the vets have to say.
 

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i blame it on going to school and getting back into creative and journalistic writing....i can't write a check without making a novel out of it.....i try to post a quick reply to a post and i wind up with 500 words....wtf

although one of my plans that i consider important in helping me get better is getting into the habit of is providing more gambling relevant posts around here.....i'm pretty sure there's some guy sitting around who has it much worse than me, and by sharing my loserness openly from time to time, maybe they can identify with something or maybe help give them a different perspective.....if you're living right, some of the people we help most are people we will never know.....and, there are a handful of people around here who i respect as long term winners and i feel like i hit the jackpot when they respond to one of my posts.....i just wish punter would stop ignoring me....

although i do worry that i've painted myself into a corner....if i decide to change my rx persona and be a lifetime sharp, it ain't gonna take much digging around to call me out on it....counting my posts before i took my little break, i have roughly 13,000 posts on here, and all other forums combined i have less than a 1,000 (if the meat loaf fan forum wasn't so quick to ban me for a month every time i opened my mouth, i might have more posts around there.....bastards just won't give me a chance), so when it comes to posting some ideas that might make me look like an idiot or asking questions that might make me look like i'm logging on from the special ed class, this is the place i'll be.....and i know i'm not the only one around here that struggles with basic shit, so i got a couple good retorts ready to fire at the first person that wants to be a dick....90% of the time i get good answers and nobody busting my balls.....out of the 10% nonsense that i see, a closer look reveals that it's coming from me....i do enjoy my nonsense

if the meat loaf fan forum wasn't so quick to ban me for a month every time i opened my mouth, i might have more posts around there.....bastards just won't give me a chance
 

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although I understand that is the type of thinking your trying to get away from. so hell I don't know. I'll pull up a seat and listen to what the vets have to say.

nah, whatever works.....at the end of the day it's easy shit.....what works for me, i don't know yet....posting plays and keeping track in the forum has been a big help, hopefully i can get into it every day, put in some type of handicapping effort and learn to bet based on that effort.....beats the hell out of trying to find the hottest cappers and following them into an 0-5 hole because i decided to be a lazy fuck.....

200 plays....that was what i wanted to actually handicap and post as serious plays in 2011.....so far i have 2....
 

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Matchbook helps lifetime losers lose slower.

When there's no value left in their lines, you can get down as much as you want.
 

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Matchbook helps lifetime losers lose slower.

When there's no value left in their lines, you can get down as much as you want.

haha, love that answer, just when i was about to call it a night and pull up the ole nancy pelosi spank folder....
 

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haha, love that answer, just when i was about to call it a night and pull up the ole nancy pelosi spank folder....
You spank it to Pelosi? that's just wrong. I prefer the Palin mother daughter tag team myself
 

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i did get some enjoyment out of the nailin palin film, but it's just not got the staying power.....nancy pelosi will never grow old
 

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sooner, although i don't have much helpful advice, im glad youre back. when you took a break, Although I understood, I was disappointed, even contacted Wil about it.. So at the very least take some solace in the fact that on a degenerate forum you are well liked.... except for your avatar of dog balls...


I like the idea of having a separate account for just action... want me to invite you to heritage haha... Or you should find some kind of pool or contest for small amounts of money that matters for a bunch of games, and have that been your action.. that works for me... GL sooner
 

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hitting 56% ain't going to be easy....54% ain't going to be easy over a thousand plays. or even 52%. You can't beat this game....anymore !
 

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