Betting Talk

Rip's Gambling Methodology

Rip007Rip007 Banned
edited February 2014 in Sports Betting
Posted in other forums, but thought I'd share this:
credentials: longtime bookmaker, tax professional, 40 years sportsbetting experience
goal:
simple but Important points: winner go to dinner, pay your bills when you win, when you win you are playing with YOUR money, not the bookmakers
set a constant weekly goal, appox 300.00 weekly cutoff on loses

find a local with a 100. 00 drag, think it (too difficult with (sportsbooks)
50.00 dollar bet example:
ok, what you are trying to do here is attain 150.00 to 200.00 in winnings weekly, experience has taught me 300.00 to difficult
say, you take home 800.00 weekly, what you are attempting to do is increase your net......say of that you pay 600'00 in bills, if you win 150.00 you are paying bills on 750.00, and trying to attain this goal 2 or 3 weeks in a row (short-term)
some weeks it might take you 3 games to reach, 150.00, other weeks it might take you 13 games to win the 3 games, other weeks you might lose 3 games in a row.........[think 3).........you do not want to be playing a lot of games at one time

method: I look a line history, I "painstakingly" reviewed on a daily/weekly basis, all nba, college football
for two years games writing down notes , college bb , is tough so many games
but doable
there are certain "constants" in the line history...gotta do some work......

never overlook any piece of information, I pay attention to a tout sheet that hits at 59%,
I saw a move on the Gonzaga/Santa Clara game last week, right at tip, saw two guards for Santa Clara out winner !

Summation: you are not going to win all the time, this has losing streaks as well, I lost 500.00 on halve/quarter bets
last month.....the point being you HAVE to being the game.......if you pay your bills when you win, and you win 2 or 3 weeks in a row......you are off and running......if I can do it, you can too, there is something to be said for having the peace of mind of No immediate bill pressure
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Comments

  • TommyLTommyL Super Moderator
    edited January 2014
    Here is the TommyL method...

    Find stuff that you are +EV in and play it
    Find others that are +EV and play their stuff
    Find offmarket stuff (ie stuff that you could scalp at a major offshore if you wanted to) and play it
    Find obscure stuff that's not correctly lined (you're likely talking props at this point)
    Find a slow moving book and play moves with them before they post them (note that this will also involve feeding them some "square" action likely, so this is where I try to play my own stuff that I feel is +EV)

    Set aside a set amount of $ that is your bankroll. Don't worry how you do on a certain day, week, or even month for that matter. Just keep firing stuff that's +EV and eventually it will head in the right direction. And make sure to keep a whole bunch of outs and always line shop for that extra half point (or extra cent of two on a moneyline).
  • cpech56cpech56 Senior Member
    edited January 2014
    Thanks for this Rip, greatly appreciated!
  • Dr. HDr. H Senior Member
    edited January 2014
    Is this a poll? I'd like to vote for TL's method.
  • kdogkdog Senior Member
    edited January 2014
    Dr. H wrote: »
    Is this a poll? I'd like to vote for TL's method.

    Does coherency in posting count?
  • Rip007Rip007 Banned
    edited January 2014
    Dr. H wrote: »
    Is this a poll? I'd like to vote for TL's method.

    subjective vote, he'd ban you otherwise !
  • GoatsGoats Head Moderator
    edited January 2014
    Rip007 wrote: »
    subjective vote, he'd ban you otherwise !

    Pretty sure Dr. H (and every other pro/semi-pro) would vote for TommyL's method no matter who posted it. Sorry.

    This reminds me of the VP joker (drawing a blank on his name) whose "method" involved reaching a trip win goal and then going home before returning for another trip (as if somehow tagging his his house between sessions would impact his long-run results).
  • duritodurito Senior Member
    edited January 2014
    If I was worried about paying my bills I wouldn't make any bets.
  • Rip007Rip007 Banned
    edited January 2014
    Fair enough, goats.... reminds me of the Capital Grille, on Newbury St. Boston...when I used to go in for one drink after work, most everyone, looked and acted the same.......the moral of the story, I know what a "donut is," some people don't ......you say it all the time........... respectful of others opinions , regardless, if you agree or not.......I put this thread out to help others , if one person "gains" from it...fine......I see the way it is 'accepted'
    I will refrain from giving any (experience- related )advice in the future......back to my coin flips, the "board" gave me LaSalle today see what happens
  • cpech56cpech56 Senior Member
    edited January 2014
    Rip007 wrote: »
    Fair enough, goats.... reminds me of the Capital Grille, on Newbury St. Boston...when I used to go in for one drink after work, most everyone, looked and acted the same.......the moral of the story, I know what a "donut is," some people don't ......you say it all the time........... respectful of others opinions , regardless, if you agree or not.......I put this thread out to help others , if one person "gains" from it...fine......I see the way it is 'accepted'
    I will refrain from giving any (experience- related )advice in the future......back to my coin flips, the "board" gave me LaSalle today see what happens

    How dare you have a different opinion than the cult leaders. Drink the Kool Aid
  • Dr. HDr. H Senior Member
    edited January 2014
    cpech56 wrote: »
    How dare you have a different opinion than the cult leaders. Drink the Kool Aid

    This is like trying to claim 2 + 3 = 7 and then bitching about being ostracized by the cult that says it's 5.
  • old schoolold school Banned
    edited January 2014
    TommyL wrote: »
    Here is the TommyL method...

    Find stuff that you are +EV in and play it
    Find others that are +EV and play their stuff
    Find offmarket stuff (ie stuff that you could scalp at a major offshore if you wanted to) and play it
    Find obscure stuff that's not correctly lined (you're likely talking props at this point)
    Find a slow moving book and play moves with them before they post them (note that this will also involve feeding them some "square" action likely, so this is where I try to play my own stuff that I feel is +EV)

    Set aside a set amount of $ that is your bankroll. Don't worry how you do on a certain day, week, or even month for that matter. Just keep firing stuff that's +EV and eventually it will head in the right direction. And make sure to keep a whole bunch of outs and always line shop for that extra half point (or extra cent of two on a moneyline).
    Agree 100% with this approach.
  • GoatsGoats Head Moderator
    edited January 2014
    The issue here is that many of us view the advice (at least the part about weekly goals) to be detrimental and factually incorrect rather than simply a harmless case of differing opinions.

    There's a reason to follow certain opinions/established norms in these cases... because they're more fact than opinion.

    By all means, gamble however you see fit with your money. I hope you know I'm not disagreeing with you just for the hell of it as I'm the last person who enjoys pointless internet arguing (while others love it for whatever reason).
  • StevieYStevieY Senior Handicapper
    edited January 2014
    Rip007 wrote: »
    Fair enough, goats.... reminds me of the Capital Grille, on Newbury St. Boston...when I used to go in for one drink after work, most everyone, looked and acted the same.......the moral of the story, I know what a "donut is," some people don't ......you say it all the time........... respectful of others opinions , regardless, if you agree or not.......I put this thread out to help others , if one person "gains" from it...fine......I see the way it is 'accepted'
    I will refrain from giving any (experience- related )advice in the future......back to my coin flips, the "board" gave me LaSalle today see what happens

    Respectful of others opinions is one thing, but if you can save people from listening to opinions that could hurt them, speaking up is not wrong. A harmless opinion is "I'll take Brady over Manning any day". A harmful opinion is this thread because it goes against facts.

    If you lose, do you not pay your bills? If you still pay your bills then why do you mention to pay your bills when you win. Isn't that a given?
  • Rip007Rip007 Banned
    edited January 2014
    I use it as an example for people to ease the pressure of everyday life, bills are a reality of everyday life .......all I was doing was presenting a alternative
    to your views on capping......not bashing anything or saying of what you guys do is wrong.......you can't have it both ways.......do you want an "enlightened forum" or an "elitist utopia"..........majority rules, I guess......(.detrimental,) think that's a bit of a reach....not all of" main st" has 3k
    or 5k to tie up during the course of a baseball, football season,.. so "long term" has little meaning to recreational betters, and my thread was geared to them....my mistake, I see what I am up against here...won't happen again......but I think you are" off base" on how you treat posters that disagree with you .......
  • buckeyesbuckeyes Senior Member
    edited January 2014
    Rip007 wrote: »
    I use it as an example for people to ease the pressure of everyday life, bills are a reality of everyday life .......all I was doing was presenting a alternative
    to your views on capping......not bashing anything or saying of what you guys do is wrong.......you can't have it both ways.......do you want an "enlightened forum" or an "elitist utopia"..........majority rules, I guess......(.detrimental,) think that's a bit of a reach....not all of" main st" has 3k
    or 5k to tie up during the course of a baseball, football season,.. so "long term" has little meaning to recreational betters, and my thread was geared to them....my mistake, I see what I am up against here...won't happen again......but I think you are" off base" on how you treat posters that disagree with you .......

    It's not that we are treating you different because you have a different view on things. It's because you are flat out wrong. Like SY stated it can be harmful for others who may not know better. There is no one on earth that has been up in the long term following your type of strategy.
  • Old-TimerOld-Timer Senior Member
    edited January 2014
    so "long term" has little meaning to recreational betters, and my thread was geared to them....

    That statement is just wrong.
    I'm not getting into any discussion but you should seriously think about that statement.
  • duritodurito Senior Member
    edited January 2014
    Doesn't matter if you have $5 or $5 Million all the same principals apply. Long run results are just the sum of your short term results. If you want to win there are things to pay attention too, if you are just playing for fun don't bet more than you can afford to lose. It's as simple as that.
  • Rip007Rip007 Banned
    edited January 2014
    ok..... 5 months ahead on my property tax, homeowners and car insurance paid in full to November ( I have no mortgage) had an exceptional year 3 years ago , and made a concerted effort to get ahead on my bills......obviously not all my winnings covered my debts, but I have gotten ahead and stayed ahead..........large measure do to my initial post ...works for me or I would not have "posted"...good night
  • buckeyesbuckeyes Senior Member
    edited January 2014
    Rip007 wrote: »
    ok..... 5 months ahead on my property tax, homeowners and car insurance paid in full to November ( I have no mortgage) had an exceptional year 3 years ago , and made a concerted effort to get ahead on my bills......obviously not all my winnings covered my debts, but I have gotten ahead and stayed ahead..........large measure do to my initial post ...works for me or I would not have "posted"...good night

    If you paid off all those things that's great but sooner or later you will regress to the mean and if you are playing with money for bills, what are you going to do? Oh wait nvm you plan on winning every week. Got it.
  • duritodurito Senior Member
    edited January 2014
    How much of your winnings were from BG plays and how much from others?
  • Rip007Rip007 Banned
    edited January 2014
    Well, Buckeye's what I do when I have a bad run or two for that matter, I take a break, eat hot dogs and beans , wait to replenish my funds and start again ,still knowing I am ahead on my main bills

    Durito, If you read the beginning of the thread, I study line history,I look for "constants" if you saw the pages of notes I have.... anyway the(info I need is tricky, but there ) most of my "limited success" comes in college football, I use BG's plays in NFL in conjunction with numerous publications which I read.....and being a member of other forums, I pick up on others approach...follow BG in bases, but I could not exploit his winnings, because I abhor leaving any money in a sportsbooks account.....baseball is a bit different because it comes at you every day..........

    I am going to give you an example,....in the NBA, and this tip came from a very good capper ......when a number pops in the line history of a certain sportsbook, it triggers a play, usually on a 9-10 point home /road /dog.......now, this doesn't win all the time and it only has happened 12 or 14 times
    but has won I believe nine times, .......I play it on the moneyline /spreadline
    I look and review numbers all the time, all games weather I play them or not ......".I know what I am doin"
  • buckeyesbuckeyes Senior Member
    edited January 2014
    Rip007 wrote: »
    Well, Buckeye's what I do when I have a bad run or two for that matter, I take a break, eat hot dogs and beans , wait to replenish my funds and start again ,still knowing I am ahead on my main bills

    So you can predict when bad streaks are gonna happen? How aren't you a millionaire yet? You realize each play is independent of the next? Meaning just cause you lost 3 in a row doesn't mean you're gonna keep losing. That's why there is variance. You can't predict that BG would start the CBB season down nearly 20 units or that SY could lose roughly 30units before July of a baseball season. That's why the only thing you can do to win over the long haul is to dig in, practice bankroll management and get ready to ride the crazy up and down swings. As far as short term, all I can say is please don't play with money you can't afford to lose ie bills and such. Good luck to whatever you try.
  • Rip007Rip007 Banned
    edited January 2014
    part-time job for me, hit and run type guy just looking for the 150.00 per week, lowers my potential profit, lowers my potential loss as well, all about what you do with the money when you win more than picking winners, (money management) appreciate the input, respect all posters opinions regardless of which path they take thru the forest. "sometimes you get the bear, sometimes the bear gets you"
  • Rip007Rip007 Banned
    edited January 2014
    that 100.00 drag is very useful to me, while it's on the books, if I owe say 90.00 it carries to the next week, so I am content on some weeks to get below that "threshold" all juggling
  • BennyProfaneBennyProfane Senior Member
    edited January 2014
    Here is a recipe for nobby buns:
    4 cups sifted flour
    1 1/2 cups sugar
    2 teaspoons cinnamon
    1 cup butter
    3 eggs
    Cream butter until well softened and add to sugar and eggs.
    Mix quickly with flour.
    Drop mixture from a teaspoon and small jagged heaps onto a cookie sheet and bake in 375 to 400 degrees oven
  • GoatsGoats Head Moderator
    edited January 2014
    Anyone else think that opening line was going to lead to a classic Benny relationship story in which he referred to the girl as "Nobby Buns"?
  • Rip007Rip007 Banned
    edited January 2014
    Being branded" as a heretic by the ''tribal soothsayers'' flatters me
    when I left off yesterday, I stated that I have a 100.00 drag with local weekly, now in a given week( Fri to Fri) for me say if I am down say 85.00
    on a Wed.,I know that I have no chance of winning for that given week ,unless I go on a small run I can bet 50/100 and lose, and most likely pay, bet 50/100 win have a small positive/negative balance, of call my friend and have him throw I one bet in for me, I have a chance to win for that week, if I lose, I lose 55/110.. and "drag" the 85.00 into next week........food for thought gotta have a little street sense

    More' chocolate goodies' later, or should I say donuts
  • groovinmahoovingroovinmahoovin Senior Member
    edited January 2014
    I would guess that most of the "tribal soothsayers" practice responsible enough bankroll management that they're able to bet optimally in a given day, let alone a given week, without worrying about whether they can settle their accounts at the end of the week.
  • Rip007Rip007 Banned
    edited January 2014
    well I do not know about that groovin, I notice you said "guess".. lots of "powerpoint presentations" on long term, +ev, variance, BR management, but I do not find too many posts about if "they" pick up their money, when they pick their money, or if they pick up their money at all......Kahuna was kind enough to share his method ...I respect that, until that paper is in your hands, you have nothing, on that note the stock market is getting" dicey"
    can't keep printing money
  • Dr. HDr. H Senior Member
    edited January 2014
    Rip007 wrote: »
    Being branded" as a heretic by the ''tribal soothsayers'' flatters me
    when I left off yesterday, I stated that I have a 100.00 drag with local weekly, now in a given week( Fri to Fri) for me say if I am down say 85.00
    on a Wed.,I know that I have no chance of winning for that given week ,unless I go on a small run I can bet 50/100 and lose, and most likely pay, bet 50/100 win have a small positive/negative balance, of call my friend and have him throw I one bet in for me, I have a chance to win for that week, if I lose, I lose 55/110.. and "drag" the 85.00 into next week........food for thought gotta have a little street sense

    More' chocolate goodies' later, or should I say donuts

    Here's another tip: pay for things with credit cards. That way you're not really spending money at all!
This discussion has been closed.