thehitman Posts:2620 Followers:5
On 04/29/2012 07:10 PM in General

Ten Commandments of Successful Wagering

And, you can be successful (or at least stay around the break even point, which for many is success) I've started it out with 5. We have enough seasoned and wise veterans here to finish this off with another 5. If it helps only one person, it will be keystrokes well spent.

I Thou shall not forget that this hobby is a marathon, not a sprint.

II Thou shall not wager more than 4-5% of my total bankroll on any given play.

V Thou shall not chase.

VI Thou shall remember that this is a hobby, not a means to pay the mortgage.

X And lastly........thou shall not complain about a small win...........remember that you can't go broke heading to the bank.

Never, ever criticize someone until you have walked a mile in their shoes........for at that point they will be a mile away. And you'll have their shoes !
bulldog Posts:925 Followers:9
05/01/2012 01:04 PM

thou shall not make too may plays..... I break this every day but for me it is entertainment and not plying the mortgage. be bad if I counted on my sports betting to pay for anything.

spooky Posts:4511 Followers:309
05/01/2012 06:05 PM

So true Hitman. When guys realize its for fun and learn to manager their money they become a more successful player and enjoy the games much more. If you play a lot of games then just focus on a couple that are your best bets. Play them for your normal amount and then play the others for next to nothing. Then parlay the small plays. If they all win you cash what you would have anyway, if they lose it meant nothing to sweat. The 2 or 3 big plays you do the same. Cut back your bets and have fun. Good post buddy.

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finance Posts:8682 Followers:228
05/01/2012 06:57 PM

Thou shalt not bet a bad number....if the line has moved too much it doesn't hurt to take a pass - in the world we are in there's always plenty to play tomorrow...

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marksmoneymakers Posts:19152 Followers:140
05/01/2012 07:09 PM

I am about 50/50 on those commandments. Not good.

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thehitman Posts:2620 Followers:5
05/02/2012 10:19 PM

I'll add and make this # 4

IV Thou shalt not consider parlays, teasers, etc. a main course. They are for dessert or perhaps an appetizer.

Never, ever criticize someone until you have walked a mile in their shoes........for at that point they will be a mile away. And you'll have their shoes !