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Old 06-03-2007, 08:07 PM   #31
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Default Re: Clevland Cavs 5-1 underdogs

Quote:
Originally Posted by Thorpesaurous
Sure you can. There's plenty of bookmakers, from local amatuers to online outposts, to Vegas sports books that do just fine betting on sports. And there's more then a few professional gamblers who make a fine living.
you can make a fine living being a sports handicaper...and sure Vegas wins tons from gamblers..

but as far as just making a living betting on sports?....please show me one example of a person who has done this over the course of his life??
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Old 06-03-2007, 08:08 PM   #32
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Default Re: Clevland Cavs 5-1 underdogs

BoDog was a big one for a while. I used Jim Fiest sports for a while, mostly because they used the americasline lines that I'm accostomed to. Most places have you set up an account, where you put in whatever cash you want via credit card, or better debit or check. You're already paying 10% for every loss, why pay a credit card rate just for the money that's in there on top of that. You can then bet up to what's in your account. You don't get paid if you win, but rather your account is credited. You can withdrew money from that account just like a bank account. Although it can take some time to get the check.

I know guys who go all summer with just a couple hundred bucks in their account, because unlike a real life book, there's no minimum. I was at the bar with my buddy in San Diego, and he was sweating every baseball score that came out. I figured he had a ton of money on a game, but he just puts 2-5 dollars on a bunch of games every night. It's more fun then anything else.
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Old 06-03-2007, 08:09 PM   #33
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Default Re: Clevland Cavs 5-1 underdogs

Quote:
but as far as just making a living betting on sports?....please show me one example of a person who has done this over the course of his life??


Lefty Rosenthal. There are plenty of pro sports gamblers. There are tons in horse racing alone.
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Old 06-03-2007, 08:14 PM   #34
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Default Re: Clevland Cavs 5-1 underdogs

Quote:
Originally Posted by -primetime-
everyone thinks they can figure out how to win at gambling...

it is impossible...you can not make a living betting on sports

Yes you can. You can not find mathematical equations to insure victory but you can make a living if you have a large enough bankroll.

Bankroll is everything and it is why the house always wins. Cause they can sustains swings in odds and losses.

If you have 5 thousand dollars in the bank and quit your job to make a living at gambling you will go broke because your bankroll is too small.

But if you have 200 thousand and quit your job and know what you are doing and go for the small calculated bets over time and avoid the large pretty bet you can make a living for the rest of your life.

Two reasons people go broke.

Their bankroll is too small to sustain bad odds.

When they hit a losing streak betting small they keep increasing their bets to make it up and go broke.

If you always bet 5 thousand a week with the chance to win 5 thousand and take your loss and don't try to make it up and stick to the formula every week you can make your living if you know what you are doing.

Take Black Jack on a table with a 100,000 dollar limit and you have a bankroll of 200 thousand.

You enter the casino with 100,000 dollars with the goal of making 5,000 everyday sticking to this formula.

Bet 1 100

All your profit will be made on bet 1. So you are going to make your 5 thousand by winning 50 100 dollar bets. You will always leave win you win the 5 thousand and will do this 3 or 4 times a week.

You win Bet 1 so you are plus 100 dollars.

Since you won you remain on phase 1 and rebet 100 dollars. Any time you win on phase 1 you stay on phase 1 and bet 100 dollars. Phase 1 is where your money is made. Every other phase except 2 is simply to break even and return to phase 1.

You lost on Phase 1.

Phase 2 Bet 200. If you win return to Phase 1 and bet 100.

If you lose go to Phase 3 bet 300.

Phase 3 if you win you have made up the 300 you lost know return back to Phase 1 and bet 100. Everytime you win at Phase 1 or Phase 2 you make 100 dollars profit. Every other phase is to break even.

Bankroll 100,000 Table Limit 100,000 They must allow a table minimum of a 100 dollar bet.

Phase 1 100
Phase 2 200
Phase 3 300
Phase 4 600
Phase 5 1200
Phase 6 2400
Phase 7 4800
Phase 8 9600
Phase 9 19200
Phase 10 38400

This is 57600

Never split or double down. Even if it is normally in your best interest 11 or 10 or dealer has 6 because it throws off the pattern. Keep your bet on the table if you push at anytime and don't change it.

What this means is for the casino to break you you must lose 11 hands in a row. The odds of losing 11 hands in a row on Black Jack are in the millions.

If you happen to hit those terrible odds and lose 11 in a row walk out with the 43400 you half left and add it to the 100,000 you have in the bank and come back in a couple of days. Don't bet that last 43400 on Phase 12 because if you lose they broke you and if you win you haven't broke even.

What this pattern allows.

Everytime you win on Phase 1 or 2 you make 100 profit.

Add your profits to a seperate stack. Your goal is to make 5 thousand profit. Once the profit is made you leave.

You also have the benifit of house pays 1 and 1/2 on Black Jack. So if you hit a Black Jack in a higher Phase you can make your 5 thousand goal that way. Always leave the second you hit the 5 thousand or surpass it on a high phase Black Jack.

Say you hit Black Jack on Phase 8. You will you will make 4800 profit.

What this means is for the Casino to break you you must lose 10 hands in a row on 3 different ocassions and not have profits in the bank.

200,000 in bank.

Lose 10 hands means you lost 57600

If that happens three times you are left with 27,200 plus all the profits you have made which would be 5000 everyday you play and don't get broke.

The odds of the Casino breaking you under this pattern is in the billions.

The odds of you making a living are 99.99999999999999%

The Casino will eventually kick you out and you will have to find other marks until you are eventually banned from all big Casinos.

Because the odds of them breaking you are so low they will eventually catch on and ban you.
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Old 06-03-2007, 09:05 PM   #35
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Default Re: Clevland Cavs 5-1 underdogs

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Originally Posted by -primetime-
Don, should I take the red pill or the blue pill?

Say something that is meaningful next time
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Old 06-03-2007, 09:15 PM   #36
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Default Re: Clevland Cavs 5-1 underdogs

I'm lost...how is it people are dropping money on the Spurs (favorites) and getting a payout?

Whether you take the pts, money line, series the amount you bet is the amount you win. Take Spurs -7.5 for $1000 and Spurs win by 8 or more? You win $1,000. Nothing more. Same with the series and money line. So how or who is giving you a payout on a favorite?



DON how much you putting down on the Spurs series? What other sports u bet on?
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Old 06-03-2007, 09:28 PM   #37
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Default Re: Clevland Cavs 5-1 underdogs

^^^

I'm not sure I understand the question.
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Old 06-03-2007, 09:30 PM   #38
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Default Re: Clevland Cavs 5-1 underdogs

Quote:
Originally Posted by GOBB
I'm lost...how is it people are dropping money on the Spurs (favorites) and getting a payout?

Whether you take the pts, money line, series the amount you bet is the amount you win. Take Spurs -7.5 for $1000 and Spurs win by 8 or more? You win $1,000. Nothing more. Same with the series and money line. So how or who is giving you a payout on a favorite?



DON how much you putting down on the Spurs series? What other sports u bet on?
Won 10 Grand on the Jazz vs. Spurs. This is the Finals. Thinking about winning 20 Grand. DON also bets on football games
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Old 06-03-2007, 09:35 PM   #39
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Default Re: Clevland Cavs 5-1 underdogs

It really though doesn't matter how much DON puts in. It matters more how much DON wants. The Spurs will win these series, no doubt. Probably will get more than just 20 Grand adding up all the single game bets.
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Old 06-03-2007, 09:36 PM   #40
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Default Re: Clevland Cavs 5-1 underdogs

Quote:
Originally Posted by Thorpesaurous
^^^

I'm not sure I understand the question.

I'm lost on this exchange. I gotta find the others...


How much you win if you put $1000 on Spurs? (should be like $50 or something? )


No, 1,000 dollars wins you around 200 or maybe a bit more.

You bet $1,000 on the Spurs you win $1,000. You dont win any more.
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Old 06-03-2007, 09:42 PM   #41
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Default Re: Clevland Cavs 5-1 underdogs

Quote:
Originally Posted by DěN
It really though doesn't matter how much DON puts in. It matters more how much DON wants. The Spurs will win these series, no doubt. Probably will get more than just 20 Grand adding up all the single game bets.

You're nuts.
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Old 06-03-2007, 09:50 PM   #42
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Default Re: Clevland Cavs 5-1 underdogs

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Originally Posted by GOBB
You're nuts.
No, confident. Its not like DON is putting 20 Grand on 1 game. Anything can happen in 1 game. Most DON puts on 1 game is like 5 Grand. And that should be a easy game to pick like Dallas vs. Golden St. Game 5, even though Dallas almost lost that one. Or even easier, San Antonio vs. Denver Game 2, you were going to win money on that game for sure. Series is easier, your almost 100% likely to be correct if their is a matchup like this one. Cavaliers didn't surprise DON at all on the Detroit Series. All that was expected. This will be another 01 Lakers vs. 01 76ers matchup.

DON would suggest everyone to bet for San Antonio. Put 20 Grand on it, DON guarantees you will be satisfied in the end.
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Old 06-03-2007, 09:53 PM   #43
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Default Re: Clevland Cavs 5-1 underdogs

Quote:
Originally Posted by DěN
This will be another 01 Lakers vs. 01 76ers matchup.

Thats how i see it.
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Old 06-03-2007, 09:57 PM   #44
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Default Re: Clevland Cavs 5-1 underdogs

The "Smart" Money is defitnetly getting dropped on Cleveland. Like some one stated before, unless you are betting big then there is no use in betting for the Spurs.

Im not so sure that the Spurs are going to win the series either. I was called a dumb ass in a thread that I started because I had the "Cavs vs Spurs" in the FInals when both Dallas and Phoenix got eliminated.

Is it no surprise to anyone that the Cavs are facing the only top team out of the West that they actually have a chance at beating?
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Old 06-03-2007, 10:04 PM   #45
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Default Re: Clevland Cavs 5-1 underdogs

Quote:
You bet $1,000 on the Spurs you win $1,000. You dont win any more.

That's correct, if you bet 1000 on the spurs, you win 1000. The problem is that you lose 4000 if they don't win (at least with the odds that are being thrown around here).

That is only true of the money line. If you take the point spread, 1000 dollars wins 1000, but loses 1100.

I'm not sure where those 50 and 200 dollar figures are coming from.
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