The General
Another Day, Another Dollar
One of the bigest mistakes gamblers make is poor money management.
It is the Biggest mistake.
One of the bigest mistakes gamblers make is poor money management.
Sam Odom said:If only one thing can be learned from this thread (I believe many lessons are here) it is, do not wager on any one event over a set % of B.R. I stick to 1-3% -- I cannot imagine betting 6% of my total BR on any one bet.
thanx for the bump Shrink..spent the last hour and a half digesting it...great read and one of the best educated debates i've seen on EOG..especially given the fact that although posters disagreed on the subject, it was for the most part handled with class..
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Hey guys, since we are here. Could a major book prosper by writing even money wagers on the major sports which were standard vig of 110 sides and totals in years past, IF they have the proper & large enough volume?
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Absolutely not.
More on all of this later.
But for now, let me leave you with this thought.
The definition of "gambling" is to wager at unfavorable odds. A properly run book is wagering at favorable odds, not gambling.
IT WAS AN EXCELLENT THREAD. IT WAS BY FAR THE MOST EDUCATED THREAD AT EOG. I WISH BAKER,WANTI, JUDGE, AND DRUNK WOULD START BACK POSTING OVER HERE. IT WAS ONLY ONE POSTER THAT TRIED TO RUIN THE WHOLE THREAD. I WILL GIVE YOU ONE GUESS ITS A NO BRAINER.thanx for the bump Shrink..spent the last hour and a half digesting it...great read and one of the best educated debates i've seen on EOG..especially given the fact that although posters disagreed on the subject, it was for the most part handled with class..
Absolutely not.
More on all of this later.
But for now, let me leave you with this thought.
The definition of "gambling" is to wager at unfavorable odds. A properly run book is wagering at favorable odds, not gambling.
A POLISH MIDDLE IS WHEN YOU MIDDLE YOURSELF ON THE SAME GAME. I THINK YOU CAN FIGURE THE REST OUT. BETTING THE GAME, AND THAN IN THE 2ND HALF BETTING THE OPPOSITE OF THE ORIGINAL SIDE OR TOTAL.THATS A POLISH MIDDLE.Just read the whole thing, and I still don't know if the Kelly method (which I have used from time to time) is great or horrible. I've seen so many guys bash and praise it that I'm not sure. I've never stuck with it over a long enough haul to be sure.
Also, what's a "Polish middle?":+clueless
Thanks, Rainbow. I like to play for middles and sides, and wanted to know if I was being "Polish.":LMAO
So the Polish middle would be attmepting to catch a middle after the game has already begun, but the same way you middle a game with 2 lines that are different beforehand?
OK, now I get it, thanks for the explanation-I figured it had to be bad to be referred to as "Polish":+textinb3 I just hadn't ever seen it explained, I appreciate you taking the time to clue me in. :cheers I'm guessing that you'd really have to feel like you were on the wrong side to take that chance.NOPE. A polish middle is: laying 7.5 and taking back +6.5. Get it now? Its usually only professionals that experience it, when the move goes against them, they are smart enough to bail even at a worse price, because the former bet is now irrelevant.
OK, now I get it, thanks for the explanation-I figured it had to be bad to be referred to as "Polish":+textinb3 I just hadn't ever seen it explained, I appreciate you taking the time to clue me in. :cheers I'm guessing that you'd really have to feel like you were on the wrong side to take that chance.
IT CAN HAPPEN TO YOU AFTER A GAME STARTS ALSO, THE BOTTOMLINE ITS JUST LIKE IRONLOCK STATED. ON A TOTAL OR THE SIDE. I KNOW OF SEVERAL TIMES WHERE PLAYERS MIDDLED THEMSELVES BY WATCHING THE 1ST HALF AND THEIR GETTING BLOWN OUT, SO THEY DECIDE AT HALFTIME TO JUMP SIDES, I BELIEVE YOU KNOW THE REST, THEIR ORIGINAL TEAM THEY BET ON BEFORE THE GAME,WINS THE 2ND HALF BUT DOESN'T COVER THE SPREAD FOR THE GAME. THATS A POLISH MIDDLE.Thanks, Rainbow. I like to play for middles and sides, and wanted to know if I was being "Polish.":LMAO
So the Polish middle would be attmepting to catch a middle after the game has already begun, but the same way you middle a game with 2 lines that are different beforehand?
This was my favorite thread at EOG, It was the MOST EDUCATED THREAD I?ve ever read at EOG..............IT CAN HAPPEN TO YOU AFTER A GAME STARTS ALSO, THE BOTTOMLINE ITS JUST LIKE IRONLOCK STATED. ON A TOTAL OR THE SIDE. I KNOW OF SEVERAL TIMES WHERE PLAYERS MIDDLED THEMSELVES BY WATCHING THE 1ST HALF AND THEIR GETTING BLOWN OUT, SO THEY DECIDE AT HALFTIME TO JUMP SIDES, I BELIEVE YOU KNOW THE REST, THEIR ORIGINAL TEAM THEY BET ON BEFORE THE GAME,WINS THE 2ND HALF BUT DOESN'T COVER THE SPREAD FOR THE GAME. THATS A POLISH MIDDLE.
Hey guys, since we are here. Could a major book prosper by writing even money wagers on the major sports which were standard vig of 110 sides and totals in years past, IF they have the proper & large enough volume?
Consider me one of the educated.:cheers Still lots to learn, though.This was my favorite thread at EOG, It was the MOST EDUCATED THREAD I?ve ever read at EOG..............