Check these other pages:
The Best Way to Gamble
Something I Learned
from Sonny Reizner
Handicapping &
Common Sense
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One Month's Roller-Coaster
Results
There are losing streaks always lurking...
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A Very Important Thing
to Know
Parlays & Profit
Order
Page
A Crash Course In
Vigorish
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Could
YOU be a pro gambler? Full time betting is not for everyone, but if you've got
what it takes, it's a great way to live!
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Sample
newsletter
A very important
thing to know Much like investing in stocks, you can't expect to make money
every day at sports betting. Here's what you can expect.
Sports Betting Money Management
R.J. Miller sheds light on the business of sports betting!
Debunking the
Kelly criterion
If you think progressive betting schemes can win more than you deserve, buy a round-trip
ticket in advance
Test Your Sports
Betting IQ
Use these questions to check your "expert" friends
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When Lady
Luck Turns to Ice Your ability to
handle losing streaks is one of the things that will determine your success as a sports
bettor.
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Key NFL
Pointspreads
Some pointspreads are much more important than
others
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Check our article, Top 10 Ways to LOSE at Sports
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A Crash Course In
Vigorish
...And it's NOT 4.55%
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How To Spot NFL 'Positive Universes'
R. J.
Miller tells how to find winning NFL situations!
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Winning Percentages
Track Us HERE
Sample Newsletter
Complimentary pick
The Social Impact of
Gambling
Great Gambling
Stories
///
Check this book!
Education of a Sports Bettor
- Bob McCune
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EMAIL FROM GAMBLERS
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....What's the most common mistake made by (losing sports bettors)?.... -
Stephen G.
Bad money management.
Amateur bettors believe that varying the sizes of their
bets will make them more profit than they deserve. They use things like the
"1-Star, 2-Star, 3-Star" system, or some form of the Kelly criterion, or
even some form of the old Martingale betting system, and they are inevitably doomed.
They will "press" a winning streak, believing they are "in" a winning
streak, so they will increase the size of their bets. The problem with that
is, no one can tell when they are "in" a winning streak; you can only know
when you've just HAD a winning streak. Tomorrow is another day and sports
bets do not have a memory. Amateurs invariably risk too much of their
bankroll on their individual bets. Risking only 5% of your bankroll per bet
will eventually ruin you.
///
J. R.,
Just a note to thank you for all your efforts that you have and
continue to share through your books, articles, and newsletter. I am a
47 year old Neonatal ICU nurse, father of two, on my second wife, just a
"normal" boring guy. During a trip to Vegas a few years ago I found
myself drawn to all the screens and boards at Caesar's sportsbook. I
had never bet on sports, really didn't follow sports, and all the
numbers and symbols meant little to me. But it was intoxicating to be
in that environment with the lights and chatter. It was like I had
stumbled into a private club of which I was not a member. I promised
myself to do some research when I got home (Texas) to see if I could
decipher the code of the sportsbook. You obviously know what I found
when I did an Internet search on "sports betting".
Flashing banners and unbelievable claims and "guaranteed can not
lose picks", and gee J. R., everyone wanted to be my friend and make me
some money,... and then...I came across a website that is about as plain
as they come. Black background, lots and lots of small print typing,
pictures of old guys who wanted to tell me how hard sports betting is,
and how most people were ill-suited to be a serious sports bettor. As I
read on I found very few claims, no promises, and a whole lot of math
that seemed to fly in the face of everything else I had found on the
Internet. I continued on because the articles on your site were helping
me crack the veiled code of the sportsbook. Then other things started
making sense to me. Money management, realistic expectations, proper
mental attitudes. The epiphany was beginning, but I didn't act on it.
More than a year passed and occasionally I would visit
professionalgambler.com and read another article. Finally a couple
months ago I decided it was time to either swim or get out off pond, and
I bought a Bob McCune book, a Standford Wong's book, and your book on
beating the NFL. Two weeks ago I finished those books and even one
other by John Patrick who claims to be a professional gambler but also
believes in playing into winning streaks and that dice and dealers come
with hot and cold cycles that should be charted (I think Mr. Patrick
makes more money on book sales than gambling). I also bought a six
month subscription to the professional gambler newsletter, divided my
bankroll into three parts and wired each third to a recommended online
sportsbooks. I have an absolute business mindset about my sports
investing. I don't vary my 1 unit bet per play and right now I bet
exactly as suggested by your newsletter. I finished you piece on
parlays last night and will use those as suggested to limited my risk
when appropriate. I know my educAtion has just begun and will never
end, but what to say I can't earn while I learn.
That's my story but the purpose of this letter was to tell you why
I chose the professional gambler website and newsletter to be my guide
in this new part-time profession. It simply was your blunt, fact-based,
unglazed explanation of sports betting, backed with stories of successes
and failures. Integrity rings clearly through your writings and
advice. It's refreshing not only in the hype-is-everything world of
sports betting, but also in the world in general. I believe you are one
who says what you mean and means what you say. Thank you.
On another note I was touched by the depth of feeling you
expressed when you wrote on the life and contributions of your brother
and his sudden death. I know you miss him on many levels. - Sincerely,
Patrick
(EDITOR: I wrote a personal reply to
this email, but I'm not
comfortable publishing my reply here. It's easy to see his email was
very moving and fulfilling to all of us here. - J. R. )
///
I'm
interested in your service, however, I have some concerns, and, I
certainly don't mean you to be offended by them. It seems from your
website, that this is, for the most part, a one man show (yours...JR
Miller) and, my question is this. What would happen if, god forbid,
something should happen to you? If you should pass away...Again, it's a
rather sensitive topic and don't want you to be offended, but, it's a
legitimate concern, I feel.
LOL....I guess if I "pass away" I want EVERYBODY sad. - J.
R.
(P.S.: Here's a photo from last New Year's of me and
my two main squeezes, Nita, (left) and Diane....Hopefully, I'll make it
through another year.
///
You are the
biggest moron I've ever seen. You're so desperate for a "win" that
you've resorted to playing the Mavericks on the money line.
The money line for godsake! And...you were too lazy to check the injury
reports...Josh Howard is out, you lazy idiot. Right now the mavs are
getting their asses kicked you worthless bum!
MUAHAHAHAHAHAHAHAHAHAHAHAHAHA - R. E. D.
You should have waited until the end of the game....The Mavericks
won, 115-113, and we cashed the ticket. We chose the moneyline instead
of the pointspread BECAUSE Josh Howard was out. - J. R.
///
First, I
want to thank you for your website...I've found your website articles
invaluable over the years. I'd like to see more of them.
Second, I purchased the
How to Profit from Parlays paper a few months back
and I still find myself reading it from time to time. Good stuff.
Third, I've picked your brain before with e-mails and you've
always been
kind enough to respond in a prompt and professional manner, so I'll
press my luck again. When betting baseball, how much of a difference
between your line and the book's line do you require for a bet? Is
there a set price differential you require?
For example, if my line makes the White Sox a -1.50 favorite on
the
money line, do I play them when the line is, let's say, at least 30
cents off (-1.20 or better)?
Or do you use some sort of multiplier requirement; where you
require the
line to be off by a multiple of, let's say, 1.3. - Michael K.
I do use a gradient. In other words, a 30-cent difference at -110
is much more significant than a 30-cent difference at -210. The
"percentages" are different. However, I no longer use a certain "hard"
number. There's quite a bit of subjectivity to it, a certain amount of
"judgment" involved, but I frankly don't know whether or not I'm better
off using the hard numbers or the judgment. I like to think my judgment
"helps" the hard numbers over the long haul. (LOL)
Hey, thanks for the nice words. Good luck to you. - J. R.
///
Hi, My name is Paul.
I am 19 years old, I have been following the NFL since I was in
kindergarten. I want to know how, also what it takes to become a
professional handicapper. I study the NFL, MLB, and here and there the
NBA. I have my own guide on all the games this NFL season I went over
50% this year in the NFL, started in week 3. If you could let me in on
how I could fulfill my dream and become a professional handicapper.
- Paul H.
Twenty-one is the minimum age to bet on sports, so you've got
time to practice on paper before actually risking real money, and you've
got time to study. That's the biggest asset imaginable. Be sure to read
books by several different authors. Some authors are phonies, not
professional-level handicappers at all, and their bad advice can hurt
you more than help you. If you read several different authors you will
come to recognize the legitimate winners as opposed to ones blowing
smoke. Bob McCune, Mike Lee, and Kevin O'Neil are three solid
winners.....And me. - J. R. Miller
///
Dear JR,
I just verified your claim of being +12.67 for the month of
February [02/17/06] against my records. As usual, you are 100% accurate
to the nearest hundredth of a percentage point. I greatly admire a
number of things about your operation, but high on the list is your
unwavering honesty. It instantly says two essential things about you:
[1] you have nothing to hide, and [2] by logical deduction from #1, you
must be genuine. I have never seen this in anyone else during my
entire life!
May I relate a somewhat humorous incident that proves the point? I
started tracking your results last October 7, not realizing then that
October is the most pitiful month of the year. Anyway, by the end of
October 23, I had charted less than a hundred propositions, and you were
actually down by several units. By then, I had cynically concluded that
you were just another tout, albeit more sophisticated than most, and I
was preparing to move on. Then, on October 24, one of those many
hurricanes of last summer hit Florida, and you were offline for several
days supposedly because of "problems with your server." I figured this
was just the bullshit excuse of a con man, and that you were actually
buying time or trying to find a way to fake a better record. After all,
why would a sports handicapper based in Tennessee have an Internet
server based in South Florida, where the hurricane hit? To make matters
worse, when you finally reappeared and posted your results for October
24-26, you went 7-1 +7.99, which is very unusual for October and much
better than you had been doing. On October 27-28, you posted no plays,
and this made me really suspicious. I was also somewhat angry, figuring
that I had been outsmarted by this unknown "JR Miller dude." I started
to do more research on your webpage, and, lo and behold, tucked away in
the fine print of some Internet government form was the name and address
of your actual server: Boca Raton, Florida, which was in the hurricane's
direct path. Instantly, all was forgiven, and I have been an avid fan
ever since. I must say, however, that you are an otherwise extinct
animal, and very likely the only completely honest person in gaming.
Congratulations, and, most of all, thank you. - John
P.S. If issues ever come up about you and your service, I will
be very happy to receive emails and tell people what I have observed.
Also, please feel completely free to publish all or part of this email
on your letters from readers page. johnisaaclevy@yahoo.com
///
.....You
seem to have a lot more (baseball) bets on underdogs than on
favorites.....Is that normal.....or is it just a temprary thing?..... -
H. G.
It's normal. Successful sports bettors have more bets on underdogs
than on favorites. Here's one reason why:
Everyone likes to cheer for underdogs but not many people are
willing to risk money on them. The average bettor tends to bet on
favorites. He is reluctant to bet on underdogs, and that moves betting
lines in favor of underdogs. We often have plays on teams we expect will
lose the game, but not lose often enough to justify the value being
offered. If we think Team A figures to win a game only, say, 40% of the
time, we'd likely bet on them if they were getting odds of +200 or
better. At +200, they'd only have to win the game 34% of the time for us
to break even. Keep in mind, we don't really care about our winning
percentage. We're here to make money. We'd gladly win 40% of our plays
if we were getting odds of +200 per play. On our
Track Us
page, don't pay attention to our winning percentage; track our
profit/loss in the far left column. After all, it's all about profit,
isn't it?
///
.....How
often does an NFL team play a whole game without punting even one time? -
William K.
On average, it happens about once in 150 games.
- J. R.
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