Hello Covers Team,
Here is the story, the last couple of weeks have been nothing but complete hell for me. When you think you can crack the book and become a millionaire over night, all the wrong things happen. I went into degenerate gambling mode and lost 8k in just about a few bets. Some of the bad beats were Rutgers bowl game, Packers game and the Cowboys game, with a few in between, but as you can see by those picks I got straight cracked and went broke and lost my bank roll completely. This was all lost to a local bookie but I took a little time off just to recuperate and now I would like to seek some help from you guys for some tips.
I am going to be starting a brand new bank roll, new slate and a new view on picking games. It is the start of a new year and hopefully I can make something positive out of it. I am going to be opening up a 5dimes account with a bank roll of $2-300 but I am not sure just yet (money is kind of tight when you need to pay the bookies). I know a lot of big cappers stress the urgency of sticking to "units", I am the type that is an all or nothing type of better and this is what clearly hurt me. Can someone tell me what type of size bets I should be making?
My goal is to run my bankroll to about 2-3k which would be almost 10k my buy in, I know it wont happen over night but there are some successful betters out there. Some of my biggest problems came when I would make big wagers on big money line favorites assuming there is no way possible they can loose but as you can tell that is not usually the case, they do LOSE occasionally.
At a time before I tried one method which was stick to one pick, and one pick only, and in fact it worked out pretty well, as I started winning money, the natural greed factor kicked in and I would start place 2 teams a night and on and on, going back to my normal degenerate gambling. Clearly one good pick a night could be the way to go but some say otherwise. I want to start this thread in order to track my plays and see if I go broke or can actually make some sort of come back. I would like this thread to become a discussion so that we all can be able to come together and rise to the top. Of course we wont win 100% of our picks but I would defiantly like to hear some tips of how to manage my bank roll I'm willing to start with and what type of games I should have my eyes on.
Thanks in advance, and lets start this new year in the plus.