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/// 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
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Debunking the
Kelly criterion
PITTSBURGH CITY PAPER ///
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Key NFL
Pointspreads
A Crash Course In ///
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EMAIL FROM GAMBLERS /// I
have been reading your articles and watched your picks for a while and have
concluded that your service looks very solid. ///
I came across your website and spent hours reading all the articles. I've
gotta say its the most impressive collection of resources I've come across
and your ideas are spot on. I have also followed your results for the last
couple of weeks but all know that's pretty much irrelevant as two weeks is
far too short a time to judge anyone's handicapping ability. Anyway I would
really like to give your service a try for a few months and get a real feel
for it. I was just wondering what your results have been for the last few
months/years. I understand I can track them myself but I would like to get
started with your service sooner rather than later..... - Peter /// Just wanted to say
hi and let you know I am back again just could not stand not getting your
letter each day and making a little money. I have to say to anyone out there
that wants to wager on sports this is the place to go. I have tried several
other handicapping sights but this is the only one that I have ever made
money using. JR is the only honest handicapper out there and is always
willing to talk to you. He has not only been my handicapper but also a good
friend. JR is the only handicapper that is willing to post his results
daily. Why do others not do this because they never win over the long haul.
Thanks my friend for the hard work you put into this and your honesty.
- Ted ///
I am really impressed you post your pix as soon as games start - actually I
am shocked - and that you post your old results, both good and
bad.....Nobody else does that and for good reason!!! ///
Nice day yesterday JR, well done!.......I would like to order but
unfortunately I just lost my job due to this shitty economy we have, and
once I get back on my feet it's something I'm going to consider.... ///
You are one cold
fish, man. You bet the same amount on the Thunder-Heat (NBA game) as you bet on the
Steelers-Ravens (AFC Championship game)??? Thats cold, man. - W. F. ///
Why don't bookmakers eliminate
pushes by making all the numbers fall on half-points? For
example, Celtics -4 (-110) could become Celtics -4 1/2 (-105).
Thanks, Doug
Of course, once the lines are posted each bookmaker controls his own lines. Some tend to do just what you say more easily than others. Generally speaking, a bookmaker thinks in terms of risk. It is important for him to get an acceptable amount of action on both sides of the play. (It's a myth that bookmakers get an equal amount risk on both sides of a bet. That virtually never happens. They only strive to get a reasonable amount risked on both sides.) By posting a whole number and not moving it, so long as he gets an acceptable amount of action on both sides, he is relatively safe. If he posts the Celtics at -4.5 instead of -4.0 and gets too much action against the Celtics, his remedy is to move the line to -4.0. By moving the line to -4.0 he figures to get more action on the Celtics, alright, but look what happens if the Celtics win by exactly 4 points.....The bookmaker is screwed. He loses to bettors betting against the Celtics -4.5, he ties the bettors at -4.0. If he moves the line from -4.5 to -3.5. consider what happens to him if the Celtics win by exactly 4 points..... /// I found the
literature of "Successful Gamblers" to
be astounding! I feel enlightened now. I'm writing because I'd like to
know what you would recommend for the NBA. If you could refer me to
another website or even works from your site. Please let me know where
to look, if you have the time to get around to it. Thanks again.
- D.P. ///
Hey J.R. what do you think
of borrowing money to invest in sports? At first glance it seems
correct to borrow at say 8% or 9% per year if your picks are
yielding 40%-120% ROI per year...so I'm tempted to go for it and
basically leverage the borrowed cash. What do you think...any other
thoughts? - cc
Oh, hell, no! For one thing, a bettor gets enough pressure from just getting behind by 15 or 20 betting units, let alone having to make payments.....Oh, hell, no.....
I've been doing this for
decades, I've had this web site since 1997, but I still get into a
funk after a few losing days in a row....If I had to pull even more
money out of the bankroll to make payments, yuck!
The worst thing about this
business is the emotional roller-coaster. Don't add to it by having
to make payments. Don't even think it. - J. R.
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YOU DA
MAN!!! Nice! Nice! - NBG
Hey.....I wrote the book, didn't I? (LOL) (NBG's email is about our Super Bowl forecast...In our Professional Gambler Newsletter, we predicted both teams would score within 23 to 30 points, with the Steelers winning outright by less than 7 points.....The Steelers won, 27-23.) ///
My
(sports) service gave me Pittsburgh -7.0 (in the Super Bowl) as a
20* ("20 star") play. (A friend gets your newsletter) and he says you nailed the game (both the point spread and the
total in Professional Gambler Newsletter)....Do you mind sending me your analysis of that game? Or how
about a copy of that day's (news)letter? - Sanford W
Here's what we wrote in our newsletter on Tuesday, 5 days before the game (We picked the Cardinals +7.0 -112 over the Steelers and we took the Over 46.5 +101): "We're pulling the trigger (early) on this game because we're afraid the lines will move against us. We're expecting both the Cardinals and Steelers to score between 23 and 30 points, barring any key turnovers. We look for the Steelers to win the game outright, but we doubt they'll win by more than 7 points. How about maybe 28-23, or 27-24, or 24-23, 28-27.....Something like that. Note we're convinced there's more than a 55% chance of the game producing more than 46 total points. Turnovers might be a deciding factor in this game. Both these teams have an excellent defense, and both these quarterbacks have been known to overheat and get dancing feet....." Of course, the Steelers won the game, 27-23.....Now the bad news.....We're not always that accurate. P.S.: If your sports service is using a "star" system, We're betting that service is a fraud. ///  Howard Schwartz (left) and Edna Luckman at Gambler's Book Shop in Las Vegas, with J. R. Miller. Howard knows more about gambling literature than anyone in the world, and materials from his store have helped countless young gamblers make or save money. /// Emails from Gamblers pages |
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