Sucks to lose, made the shittiest $320 in my life with $100 bet on MN money line pre game. Plan to invest all the profits on NW money line. Figure if the team breaks my heart, I can have some extra spending cash. Suggest you all do the same.
Some financial advice
- Thread starter RUfanSinceAnderson
- Start date
I can't bet against my team. The money doesn't mean enough to overcome the ****** feeling I'd have about myself for doing so. One of a number of reasons I stopped betting on games.
Could never do that. I’ll never root against RU.
What type of response was OP expecting posting about betting against Rutgers after an epic collapse?
last night with mind boggling decisionsActually that one ref tried his best, for whatever reason, to overturn the winning shot but finally gave in. Strangest 12 minute replay I ever seen. He should not work another game this year.
nothing wrong with an emotional hedge
Some better financial advice:
Unless you have your own model and have demonstrated it can beat the market, this and any other strategy you concoct will lose roughly 4.5% of your money per game.
Unless you have your own model and have demonstrated it can beat the market, this and any other strategy you concoct will lose roughly 4.5% of your money per game.
So, you would bet against RU every game on the money line?
The way the bookies usually operate...your 12 winning bets (12 RU L's) would be wiped away from your 18 losing bets....so you lose either way
The way the bookies usually operate...your 12 winning bets (12 RU L's) would be wiped away from your 18 losing bets....so you lose either way
Well not sure about the average rate but if you are betting at -110 and have no edge, then you would be losing $110 half the time and winning $100 half the time, so you lose $10 for every two $110 bets i.e. $10/$220 = 4.55%.
Moneyline bets wouldn't work exactly like that but the idea / general vig level is similar.
Don’t people understand (one does) an emotional hedge. Honestly it didn’t help one bit. Still sucks to lose the game and I’m down today.
I don’t and haven’t done it at all this year, I save it for games we must win.
I don’t and haven’t done it at all this year, I save it for games we must win.
But the thread is called financial advice not emotional advice.
Well I actually thought we might win today so didn’t do NW ML, instead I took the +5. So another profit.
I truly wish we win this game, but I don’t get the betting market and the love for us.
Hoping for a comeback.
I truly wish we win this game, but I don’t get the betting market and the love for us.
Hoping for a comeback.
I did the same and was hoping RU would win by 5 or less. so instead, I got whipped cream on sh*t.
Hey there! Investing and betting can be exciting, but it's important to remember that they come with risks. While it's tempting to use your profits for another bet, it's also wise to consider diversifying your investments and seeking professional financial advice from professionals like Mortgage Broker in Hedon. Managing your income wisely can lead to long-term financial stability. Having some extra cash for spending is always good, but balancing it with a thoughtful approach would be great.
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Wanna bet on something? Buy Molybdenum at $53//kg ,like silver with a high melting point, on the London Metal Exchange (personally prefer it to Shanghai Metal Market). If you're a real gambler, buy derivatives. Take it from me, I've lost some real money on cobalt.
Unless you have Jeff Gallooley inside knowledge on injuries, I think it's a smarter play than sports betting.
Unless you have Jeff Gallooley inside knowledge on injuries, I think it's a smarter play than sports betting.
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