Sports Betting Made Simple: SUNDAY: 55 DIME LOSS ON THE MICHIGAN STATE SPARTANS -7 OVER THE ST. LOUIS BILLIKENS PLAYING IN COLUMBUS

Sunday, March 18, 2012

SUNDAY: 55 DIME LOSS ON THE MICHIGAN STATE SPARTANS -7 OVER THE ST. LOUIS BILLIKENS PLAYING IN COLUMBUS

UPDATE: The Michigan State Spartans do not cover and I lose my bet. Thanks for reading and please feel to leave a comment. Have a great day, every day!

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Today I am taking Michigan State, betting 50 dimes or 5.5% of the bankroll. Brandon Lang has:

50 Dime Play - Lehigh +3.5 over Xavier - Loser
20 Dime 3-Team Parlay - Norfolk State +14, South Florida -2.5, NC State +4.5 - Loser

His Free Play is Creighton +8.5 over North Carolina - Loser

I can't bet Xavier today to fade Lang. The line has already moved from -3.5 to -4. My gut tells me to stay off this game so I am.

Total profit since this blog started and today's beginning balance: $123,983

Bet per dime: ($123,983 divided by 1,000 units) times 1.1 = $136.38

ITS 12:19 PM EASTERN SUNDAY - FRIENDS OF CHEETAH FOLLOW PLAY: 50 Dimes on the Michigan State Spartans - 7 playing the St. Louis Billikens at the Nationwide Arena in Columbus, Ohio at 2:45 PM EST., Bet $6,819 (50 X $136.38), grading this at - 7, as always shop around. RESULTS: Lost $6,819

FINAL SCORE: Michigan State Spartans 65 St. Louis BIllingtons 61

Loss on the day: 55 dimes or $6,819

Total profit since this blog started and today's ending balance: $117,164

4 comments:

MattyMeachMarch 18, 2012 at 4:57 PM
Can't win 'em all. Let's hope for better luck tomorrow. As always, thanks for keeping this site going.
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BloggerMarch 18, 2012 at 5:16 PM
MattyMeach: Thanks!
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FoyboyMarch 18, 2012 at 8:34 PM
got to trust the fade
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BloggerMarch 18, 2012 at 8:41 PM
Foyboy: You are so right! I can't pick a game worth a dam. That's obvious now, so I am just sticking to the fade, maybe following a little Indian Cowboy. Part of keeping a journal is finding your strengths and weaknesses. Thanks for the comment.
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My rules for sports betting:

As you win, your bets per dime should go up. As you lose, your bets per dime will go down. This automatically adjusts for runs or streaks. You should bet more when you are winning and bet less when you are losing. This rule does not apply to Labby Lines.

ALWAYS get the best line. Shop Around. Get up early. Have multiple outs. This is critical to long-term success, you have to do the work. Never play at a sports book which is known for not paying winners, make sure your sports book is not on the Black List. For grading purposes, we will grade all plays as what is most available to players. So don't be surprised if I change the line during the day for grading purposes, IF the line goes against me.

Use 1,000 dimes. Have the biggest bankroll you can put together. Most of the money you can just keep in the bank. But it has to be there to withstand any severe downturn. This is money you can afford to lose.

Never pay for a pick or bet based on what a paid tout says. You know I am giving you my best opinion, because I am not selling you anything! Help your hungry neighbor if you want to give money to someone. You need to have a filtering process to beat the vig. You got to win more than you lose.

If you ever get the urge to bet on a hockey game, lay down till the urge passes.

If you hit a winning streak and get ahead a lot, consider taking your original bankroll off the table and playing with just the profits. As night follows day, a good winning streak can be followed by a bad one.

Watch for fishy lines in college basketball in small leagues, such as the Horizon League. If several casinos have this off the board and the line moves so that it crosses zero stay off the game or consider betting which way the money is flowing. It may turn into a very entertaining game to watch in the last two minutes.

Don't bet the board. Be very selective. Surround and pound! Scared money is no money. Less is more!

Don't do parlays. Bet one game at a time. Parlays are for losers. Never bet on a hockey game.

You can do teasers, but be very selective.

When you get burned out on gambling or don't feel you are up to your best game, take a few weeks or months off. Enjoy the profits. Travel the world or do something different. Life is short.

Football rule - Tattoo this rule on your arm: Buy the half point (the hook) either up or down depending whether you are on the favorite or the underdog when the line crosses 3, 4 or 7 and sometimes 10.

In the NFL, skip the game or play the other side when a home team opens up at -2 1/2.

Bet the favorites early and underdogs late, especially in a game that is getting a lot of action. Generally the public will be all over the favorite, driving up the price.

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