Quarterly review of your gains/loses - MensTennisForums.com

View Poll Results: You're gains / loses
I usually gain significant amount 2 25.00%
I usually gain marginal amount 6 75.00%
I usually break even (I just gamble because it's fun) 0 0%
I usually lose marginal amount 0 0%
I usually lose significant amount (I should quit) 0 0%
Voters: 8. You may not vote on this poll

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post #1 of 62 (permalink) Old 01-23-2006, 05:14 PM Thread Starter
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Quarterly review of your gains/loses

Just curious.. I know some of you have been doing this several years now..

What's your average gain/lose per quarter (3 month period, or per year if that's too short)..

We talking about 20% gain/ 20% loses or are you guys breaking even?
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post #2 of 62 (permalink) Old 01-23-2006, 05:37 PM
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Re: Quarterly review of your gains/loses

This is my first full year atm mate...and I'm up by a little after a rocky start...so check back with me in at least 3 months
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post #3 of 62 (permalink) Old 01-23-2006, 05:37 PM
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Re: Quarterly review of your gains/loses

But I do gamble for fun so maybe that is the current option
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post #4 of 62 (permalink) Old 01-23-2006, 05:43 PM Thread Starter
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Re: Quarterly review of your gains/loses

Quote:
Originally Posted by jez
This is my first full year atm mate...and I'm up by a little after a rocky start...so check back with me in at least 3 months
Hehe I just started last week. Lost all $300 of my initial deposit real fast making stupid bets. Had to put in another $700 deposit to try to recover. Now I'm fully recovered and up $500. Thinking about just withdrawing all my deposit money and playing with the $500 I won from the bookies and keeping my bets much low to stay out of danger. Slowly build up the bank by following most you guys advise

Seriously midway through the week I was feeling I might lose the 2nd $700 deposit and have to quit before start losing too much. But now after being on a good streak I have the dumb feeling like this is too easy which I know isnt true.

Last edited by TwistServe; 01-23-2006 at 05:49 PM.
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post #5 of 62 (permalink) Old 01-23-2006, 05:43 PM Thread Starter
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Re: Quarterly review of your gains/loses

Quote:
Originally Posted by jez
But I do gamble for fun so maybe that is the current option
The suspense, stress and rush is also fun! yes
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post #6 of 62 (permalink) Old 01-23-2006, 07:16 PM
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Re: Quarterly review of your gains/loses

Quote:
Originally Posted by TwistServe
Hehe I just started last week. Lost all $300 of my initial deposit real fast making stupid bets. Had to put in another $700 deposit to try to recover. Now I'm fully recovered and up $500. Thinking about just withdrawing all my deposit money and playing with the $500 I won from the bookies and keeping my bets much low to stay out of danger. Slowly build up the bank by following most you guys advise

Seriously midway through the week I was feeling I might lose the 2nd $700 deposit and have to quit before start losing too much. But now after being on a good streak I have the dumb feeling like this is too easy which I know isnt true.
this is grand slam thats why its easy caz all the players take it seriously.. wait and see once the small tourny starts

as for myself.. i dont calculte this % or ROI or ARP bla bla and all lol... all i do is earn 100$ a day during weekdays and around 200-300$ on friday, saturday and sunday ... does not matter which sports or how i get the picks. i do this to pay my tuition fees

Last edited by mini bad gambler; 01-23-2006 at 07:19 PM.
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post #7 of 62 (permalink) Old 01-23-2006, 07:19 PM Thread Starter
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Re: Quarterly review of your gains/loses

Quote:
Originally Posted by mini bad gambler
this is grand slam thats why its easy caz all the players take it seriously.. wait and see once the small tourny starts

as for myself.. i dont calculte this % or ROI or ARP bla bla and all lol... all i do is earn 100$ a day during weekdays and around 200-300$ on friday, saturday and sunday ... does not matter which sports or how i get the picks. i do this pay my tuition fees
What happens when you have a down day? Do you make up for it the next day or try to win it back the same day? Or do you just take the loss and start fresh the next day with the same strategy?
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post #8 of 62 (permalink) Old 01-23-2006, 07:35 PM
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Re: Quarterly review of your gains/loses

Quote:
Originally Posted by jez
This is my first full year atm mate...and I'm up by a little after a rocky start...so check back with me in at least 3 months
Same here.
I just started 3 months ago with 10 units, now I'm up to 80 units.

Rafa AlmagroGuilleGaudioCalleriMoyaCHELALuczak


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Roger Federer, what an arrogant asshole.
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post #9 of 62 (permalink) Old 01-23-2006, 07:35 PM
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Re: Quarterly review of your gains/loses

Quote:
Originally Posted by mini bad gambler
this is grand slam thats why its easy caz all the players take it seriously.. wait and see once the small tourny starts

as for myself.. i dont calculte this % or ROI or ARP bla bla and all lol... all i do is earn 100$ a day during weekdays and around 200-300$ on friday, saturday and sunday ... does not matter which sports or how i get the picks. i do this to pay my tuition fees
Don't you back on challengers?
You can gain some easy money if you know some really good hometown players

Rafa AlmagroGuilleGaudioCalleriMoyaCHELALuczak


All youngsters

Murray Baghdatis Monfils JMDP Gasquet






Roger Federer, what an arrogant asshole.
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post #10 of 62 (permalink) Old 01-23-2006, 07:39 PM
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Re: Quarterly review of your gains/loses

lets see... last friday i made 340$ profit... but i was in a hurry to earn the money (tuition fee due this week) so on saturday i made $600 bet on arsenal thinking that will cover for my fee.. but it blew and the whole day i made only 200$ by just betting 50$ on each bet. i took that as a bad day and stopped in the evening.. on sunday i started fresh not thinking about the loss ( but it was still in the back of my mind and tuition fee was also scaring me) but i tried not to think about it and concentrated one bet at a time.. by nite i made a profit of 795$ so i'm up again and happy but still i need 1K. i have 2 bets for today in running both wins i get 300$. u just have to know when to increase ur speed. i have talked to many people and everyone said u cannot win if u are chasing mony. if u think about chasing ur loses u will never get it. i remember this all the time and also when ever i lose a big bet i wont place another bet for few hours... like for example i had 300$ on lyon to win yesterday and in 85th minute i was calculating my profit when lyon was leading 1-0 then in 89th minute the score became 1-1 and my heart just stopped... i dint panic but i was sad.. went out smoked few cigarettes.. came back ate, watched tv for a while then came back and bet on seahawks -3 (won) kiefer (won) and grosjean + hingis (won) and i was happy again . start fresh everyday.. set limits, once u reach it then stop for the day.. if u lost money on that day.. nvm go back to step one
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post #11 of 62 (permalink) Old 01-23-2006, 07:42 PM
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Re: Quarterly review of your gains/loses

hey mini bg, i saw you on MTV other day, well atleast the guy from the photos you posted and said it was you



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post #12 of 62 (permalink) Old 01-23-2006, 07:47 PM
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Re: Quarterly review of your gains/loses

Quote:
Originally Posted by JerrySienfeld
hey mini bg, i saw you on MTV other day, well atleast the guy from the photos you posted and said it was you


that was a joke i am g35-great lovingly know as ^P-i-m-P^

arent u Mike Jones
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post #13 of 62 (permalink) Old 01-23-2006, 07:49 PM
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Re: Quarterly review of your gains/loses

Quote:
Originally Posted by TwistServe
Hehe I just started last week. Lost all $300 of my initial deposit real fast making stupid bets. Had to put in another $700 deposit to try to recover. Now I'm fully recovered and up $500. Thinking about just withdrawing all my deposit money and playing with the $500 I won from the bookies and keeping my bets much low to stay out of danger. Slowly build up the bank by following most you guys advise

Seriously midway through the week I was feeling I might lose the 2nd $700 deposit and have to quit before start losing too much. But now after being on a good streak I have the dumb feeling like this is too easy which I know isnt true.
1. Betting is never too easy...that is why few people succeed in the long run. As MBG says - this is Slam. The players do their best here because they get maximum media exposure etc. Small events attract bad attitudes from the likes of Gaudio etc.

2. You are new to the scene and have been losing a lot initially - you should be on a better money management scheme e.g. the 10% payroll scheme. Put 10% of your balance on a bet and you don't go wrong. Win the bet - your next stake is higher. Lose the bet - you don't lose money...just lower stake value for the next bet. Sure and secure way to learn more about tennis and safe betting.

3. Down days are many peoples' downfall. Don't EVER place another bet just to get back your losses. Often, you lose again, and you wonder why you did it. Everyone has bad days, even bad weeks - no one is perfect.

4. Keep to a winning strategy. If you win with one strategy, stick to it, as long as it ensures you don't lose a lot/everything when a bad period hits you.

5. Don't play too many bets at once...don't bet everyday even. Some days the matches are too tough to call / odds are too low. It is not worth the risk and you may lose most of the profits you have fought hard to gain over the week. If you bet on nearly every single match in an event, you will definitely lose some bets...law of probability.

TwistServe - I really would strongly recommend you do the 10% payroll system. I am no person to judge you or anyone as to how you go about your business, but I think, until you become more knowledgable both in the game and in betting, it would be better in the long run. Your current system seems too open to "disaster" if you have a bad period. Hope this helps
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post #14 of 62 (permalink) Old 01-23-2006, 07:50 PM
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Re: Quarterly review of your gains/loses

Quote:
Originally Posted by mini bad gambler
that was a joke i am g35-great lovingly know as ^P-i-m-P^

arent u Mike Jones
one of my few names

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post #15 of 62 (permalink) Old 01-23-2006, 07:52 PM Thread Starter
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Re: Quarterly review of your gains/loses

Quote:
Originally Posted by mini bad gambler
lets see... last friday i made 340$ profit... but i was in a hurry to earn the money (tuition fee due this week) so on saturday i made $600 bet on arsenal thinking that will cover for my fee.. but it blew and the whole day i made only 200$ by just betting 50$ on each bet. i took that as a bad day and stopped in the evening.. on sunday i started fresh not thinking about the loss ( but it was still in the back of my mind and tuition fee was also scaring me) but i tried not to think about it and concentrated one bet at a time.. by nite i made a profit of 795$ so i'm up again and happy but still i need 1K. i have 2 bets for today in running both wins i get 300$. u just have to know when to increase ur speed. i have talked to many people and everyone said u cannot win if u are chasing mony. if u think about chasing ur loses u will never get it. i remember this all the time and also when ever i lose a big bet i wont place another bet for few hours... like for example i had 300$ on lyon to win yesterday and in 85th minute i was calculating my profit when lyon was leading 1-0 then in 89th minute the score became 1-1 and my heart just stopped... i dint panic but i was sad.. went out smoked few cigarettes.. came back ate, watched tv for a while then came back and bet on seahawks -3 (won) kiefer (won) and grosjean + hingis (won) and i was happy again . start fresh everyday.. set limits, once u reach it then stop for the day.. if u lost money on that day.. nvm go back to step one
How do the bookies make money if everyone I talk to all claim they're making money lol.. If you can always make a few hundred bucks a day thats pretty impressive. I started making too many bets mid last week and loses started canceling wins and it was getting out of hand so I'm trying to slow down while I'm still ahead. Make a 1-3 solid bets a day and work slowly.
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