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Sports Betting Journey

Discussion in 'BlackHat Lounge' started by everythingred, Jul 3, 2013.

  1. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    The reason I'm doing this is because I made two picks on BHW that cashed and there seems to be some interest so I figured why not. Before I begin, if you decide to follow my picks you are responsible,gamble responsibly and don't bet anything you can't afford. I can afford to piss away some money so losing is just part of the experience and it doesn't hurt the bank.

    Betting is illegal in places around the world like the US but you can buy a prepaid Vanilla MasterCard and use it on Bovada sports book but their odds are much worse than the sports book I use as well as others.

    If you're outside of the US you can use 5Dimes, Bet365, Heritage, etc. I use Bet365 because they don't have any problems, they post their odds quickly and have live betting. I wouldn't mind referring you but there's no obligation.

    Next thing to learn is units. If I upload $100, it is wise to bet 5%-10% of that on each bet. So let's say my bets will be $10, that is what i mean by betting one unit. One unit can be something different for every body.

    Next is odds, you can use American or Decimal odds. I wont explain american dds because you can do that but i prefer decimal odds because i can just multiply my unit by the decimal odds and figure out my potential returns quickly.

    I dont know how often i can post because i work 12-14 hours a day and spend spare time on ecommerce store and stocks, but i will do my best to post plays here before i bet in case some people want to follow.

    YTD = year to date.

    0-0-0

    As im typing all of this on my phone please look up what it means but the last 0 is for a 'push'
     
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  2. Vic Sage

    Vic Sage Jr. VIP Jr. VIP

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    Edit: Good luck to op. Though, still don't support such venture.

    Cheers.
     
    Last edited: Jul 4, 2013
  3. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    I don't think you read the post; I have a full time job, run an commerce store and blogs, and am long in the stock market. This is for leisure, hence it is posted in the Lounge and note the journey.
     
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  4. allegran73hm

    allegran73hm Junior Member

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    I'd be interested in following your picks. What sports do you bet?
     
  5. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    MLB: Boston ML @ 1.54 for 1 unit

    MLB: Boston -1.5 @ 2.0 for 0.5 unit

    Similar to stocks, I am doing some hedging here. If Boston wins by more than 1.5 points, I get paid for both bets. If they win but by less, I have broken even. If Boston loses, however, then I am down 1.5 units. I believe Boston will win because they are a batting powerhouse and hopefully they show up.
     
  6. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    Well Wimbledon has made me some money so I'm betting that as well as MLB because most sports are on break. I bet the occasional soccer game but not unless I see a great play.

    MLB has been going so-so but I'm new at it so its getting better.
     
  7. greenmusic

    greenmusic Regular Member

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    Man This is just AWESOME I'll follow you on this. Just keep updating this thread PLEASE!!!
     
  8. cire81

    cire81 Junior Member

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    Bet small for leisure. Enjoy and have fun.
     
  9. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    Boston wins 2-1, so YTD = 1-1-0

    MLB = +0.04 units
    Total = +0.04 units

    Good thing I hedged the bet. It's poo-change in terms of profit so you can say I practically broke even. Tomorrow is another day.

     
  10. .Oscar

    .Oscar Regular Member

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    I saw the thread when you called the picks, good luck brother.
     
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  11. VintageAude

    VintageAude BANNED BANNED

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    great thread. sports betting is just an investment if you do it smartly and not recklessly. Hopefully you're still doing picks when the next NBA season rolls around. I think NBA is the best league to bet on
     
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  12. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    I can't wait until the NBA & NHL come back. NBA is good but it seems rigged at times, especially with the way the referees gave the Lakers so many fourth quarter foul opportunities towards the end of the season.
     
    Last edited: Jul 4, 2013
  13. Parallax

    Parallax Registered Member

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    You must know your stuff pretty damn well to cover multiple sports, do you reference stats at all to aid your decisions? Nice thread btw, I'll be following.
     
  14. partymarty4870

    partymarty4870 Elite Member

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    I'll just drop this in this thread for all our Aussie, Pommy and Indian friends out there.

    If you've got a set and some available cash, there's some good $$$ to be made betting on test match cricket with betfair. I'll get myself in a position on 4 out of 5 games where I can't lose by getting $$$ on each possible outcome (except tie). My betting mark is a minimum of $3.50.
     
  15. MarcoE

    MarcoE Newbie

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    Learn to play poker properly, it's a hell of a hobby that can make you win lots of money in the looooong run, don't go high at the start, just be responsible about it.
     
  16. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    Stats are definitely taken into account because I don't have time to watch games. If I watched games I'd probably have better results but oh well.
     
  17. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    I know how to play poker but it requires a lot of time which I can't spare. Plus, I'm not trying to get rich doing this. This is just playing with money.
     
  18. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    I'll post the odds when I have more time but I have Cardinals ML and Kansas City under 8 both for a unit
     
  19. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    MLB: Cardinals ML @ 1.73 for 1u

    MLB: Kansas City Under 8 @ 1.83 for 1u


    Took me forever to post because doesn't have app and mobile site sucks.

    Cardinals have best July 4th record. Let's get it!
     
    Last edited: Jul 4, 2013
  20. blkmagic

    blkmagic Junior Member

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    Been doing this for sometime. Glad to see another BHW member making some bets. The NBA is definitely rigged. People forget that sports are entertainment and a business. That said, keep this in mind and you'll do great. Goodluck OP.

    P.S. Love the Stoned Immaculate... Excellent album.