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mcadamsmcadams Posts: 2,611 ✭✭✭
I am really bummed that it is now virtually impossible to use Bodog for sports betting. In the past, you could just use a credit card to fund the account. Then you had to use other internet "wallet" accounts which were legal.

But now...I just checked out how to fund an account. It involved going to a Western Union and sending funds to some guy in Costa Rica who would then fund another MyPaylinQ account, which I could then use to deposit into Bodog. LOL....No thanks!

Is there no easy way to gamble on college football anymore?
Successful transactions with: thedutymon, tsalems1, davidpuddy, probstein123, lodibrewfan, gododgersfan, dialj, jwgators, copperjj, larryp, hookem, boopotts, crimsontider, rogermnj, swartz1, Counselor

Always buying Bobby Cox inserts. PM me.
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Comments

  • stevekstevek Posts: 27,582 ✭✭✭✭✭
    Yea, I'll tell ya the best way...I don't know what your bankroll is but let's say it's $1,000 and your average bet is around $50 a game...put the $1,000 in a jar and put another $1,000 in another jar. Label one as the bookie's jar and the other one is your bankroll jar. When placing a bet, put the money in the bookie's jar like you would at Bodog including the juice...if ya win, take it out of the bookie's jar and put it into your bankroll jar, and when ya lose, the money stays in the bookie's jar.

    At the end of the football season, I guarantee that you'll have much more than $1,000 in the bookie's jar, but unlike betting it at Bodog, it will still be your money.

    You're welcome...but I would prefer that instead of thanking me for saving you a bundle of money, instead kindly contribute a small piece of what you saved to Doug or Barry's charity work on here - you'll find it if you want to.

    And just in case you're the forum hotshot who thinks he can beat the sports bookies, we had a running thread on here around 4 or 5 years ago for around ten hotshots who posted their football pics each week, with fictional betting amounts, and by around the 10th week, all except for one was losing badly, and the one winning player if I'm remembering right was going downhill, and the thread died out.
  • BrickBrick Posts: 4,923 ✭✭✭✭✭

    I think one could do quite well if knowledgeable about the game. In fact Ohio State once had a pretty good quarterback who gave up a promising pro career because he did so well on sports betting.
    Collecting 1960 Topps Baseball in PSA 8
    http://www.unisquare.com/store/brick/

    Ralph

  • mcadamsmcadams Posts: 2,611 ✭✭✭


    << <i>And just in case you're the forum hotshot who thinks he can beat the sports bookies >>



    You're not competing with the bookie, you're competing with the market. Bookie's don't set the lines, they just collect the cash.
    Successful transactions with: thedutymon, tsalems1, davidpuddy, probstein123, lodibrewfan, gododgersfan, dialj, jwgators, copperjj, larryp, hookem, boopotts, crimsontider, rogermnj, swartz1, Counselor

    Always buying Bobby Cox inserts. PM me.
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>I think one could do quite well if knowledgeable about the game. In fact Ohio State once had a pretty good quarterback who gave up a promising pro career because he did so well on sports betting. >>



    Of course you refer to Art Schlichter.
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>

    << <i>And just in case you're the forum hotshot who thinks he can beat the sports bookies >>



    You're not competing with the bookie, you're competing with the market. Bookie's don't set the lines, they just collect the cash. >>



    I don't follow it that closely anymore, but I don't believe Bodog has "exchange betting" - if they do I'll stand corrected...otherwise most of your comment is incorrect.

    With exchange betting, there is still house juice involved, and I've followed it a few times and it sure seemed like a sucker's game to me...although some who profit off the betting with affiliate commission websites, etc, will make it sound very beatable with their sales pitch.

    The bottom line is if you're smart enough to develop some sort of computer betting system to take advantage of dynamic wagering patterns on sports betting exchanges for miniscule amounts of money, compared to the time and effort involved, then I would suggest a career of stocking shelves at Walmart on the night shift - there's more money in it, plus benefits.
  • mcadamsmcadams Posts: 2,611 ✭✭✭


    << <i>

    << <i>

    << <i>And just in case you're the forum hotshot who thinks he can beat the sports bookies >>



    You're not competing with the bookie, you're competing with the market. Bookie's don't set the lines, they just collect the cash. >>



    I don't follow it that closely anymore, but I don't believe Bodog has "exchange betting" - if they do I'll stand corrected...otherwise most of your comment is incorrect.

    With exchange betting, there is still house juice involved, and I've followed it a few times and it sure seemed like a sucker's game to me...although some who profit off the betting with affiliate commission websites, etc, will make it sound very beatable with their sales pitch.

    The bottom line is if you're smart enough to develop some sort of computer betting system to take advantage of dynamic wagering patterns on sports betting exchanges for miniscule amounts of money, compared to the time and effort involved, then I would suggest a career of stocking shelves at Walmart on the night shift - there's more money in it, plus benefits. >>



    You have no clue what you're talking about. If a line moves at large auction house, most other houses move thier lines as well depending on position. The lines are very rarely more than half a point different anywhere. No 1 book keeper dictates the line. The market dictates the line. I never said anything about exchange betting.

    You made a VERY naive comment about "beating the sports bookie" because you don't understand how bookies make money. The good ones have no risk to the outcome of the game at all. The bookies aren't competing with the gamblers, they are simply position brokers. Do some homework before telling me my comment is incorrect next time.
    Successful transactions with: thedutymon, tsalems1, davidpuddy, probstein123, lodibrewfan, gododgersfan, dialj, jwgators, copperjj, larryp, hookem, boopotts, crimsontider, rogermnj, swartz1, Counselor

    Always buying Bobby Cox inserts. PM me.
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>And just in case you're the forum hotshot who thinks he can beat the sports bookies >>



    You're not competing with the bookie, you're competing with the market. Bookie's don't set the lines, they just collect the cash. >>



    I don't follow it that closely anymore, but I don't believe Bodog has "exchange betting" - if they do I'll stand corrected...otherwise most of your comment is incorrect.

    With exchange betting, there is still house juice involved, and I've followed it a few times and it sure seemed like a sucker's game to me...although some who profit off the betting with affiliate commission websites, etc, will make it sound very beatable with their sales pitch.

    The bottom line is if you're smart enough to develop some sort of computer betting system to take advantage of dynamic wagering patterns on sports betting exchanges for miniscule amounts of money, compared to the time and effort involved, then I would suggest a career of stocking shelves at Walmart on the night shift - there's more money in it, plus benefits. >>



    You have no clue what you're talking about. If a line moves at large auction house, most other houses move thier lines as well depending on position. The lines are very rarely more than half a point different anywhere. No 1 book keeper dictates the line. The market dictates the line. I never said anything about exchange betting.

    You made a VERY naive comment about "beating the sports bookie" because you don't understand how bookies make money. The good ones have no risk to the outcome of the game at all. The bookies aren't competing with the gamblers, they are simply position brokers. Do some homework before telling me my comment is incorrect next time. >>



    Your post is a good example of how a liitle bit of knowledge can be dangerous. You truly have no clue about how sports bookies operate...but you think you do...and that little bit of knowledge you possess can be extremely dangerous to your bank account when you windup "tranferring" your money into Bodog's bank account.

    Some learn the easy way by listening and following good advice, and some have to learn the hard way. It's your choice. I'd wish ya good luck with sports betting but in fact, luck has nothing to do with it...the bookie's juice will grind out your bankroll in the long run, and it's usually the short run as well, if making frequent enough and big enough bets.

    In any event, I really don't care all that much what you do. But I would rather see you keep your money rather than have Bodog get it, and they will eventually get it, your entire bankroll and more, and the only way to avoid that is to stay away from them.
  • stevekstevek Posts: 27,582 ✭✭✭✭✭
    You sound like a real hotshot and that's okay...I don't mind that. So...under the premise of trying to save you money and your bank account, why not stay away from Bodog, and you start a thread here, or I guess you could use this thread, to show the world how good you are at handicapping football games and winning money. Make your college and pro football picks with the amounts, and after Monday night, you add up the losses including the 10% juice and add up the wins. You do all the math, show the spreads, over/unders, etc of your bets...and promise that I will completely stay out of the thread without comment, no matter how you do.

    We'll all see how you do...but I already know how you'll do, and don't take it personal because nobody in the long run can do better.
  • In college, my roommate and I handled bets from a lot of other fraternity members at UAB. Had a group of friends over in T-town who did the same. We would call some off to each other to limit our exsposure. From those years I can tell you that bookies always come out on top.

    We also had blackjack tables in our basement. We dealt dollar to 5 blackjack every thursday night. That to was a money maker.

    We would take our extra loot to Vicksburg and Philadephia and lose it all on the roulette wheel. Not smart, but it sure was fun.

    One of our T-town buds is now a fairly prominent on-air sports talkshow host in B-ham. He too would attest to the fact that bookies win.

    Not wise to gamble, but it sure can be fun.

    Blew a lot at the dog track too. Once we did a trifecta box with 1,4,5,8 on all 15 races and left. Ended up winning 3 tri's and made just a little. Figured we got lucky and never did that again.
    Scoreboard Malfunction
  • mlbfan2mlbfan2 Posts: 3,115 ✭✭✭


    << <i>At the end of the football season, I guarantee that you'll have much more than $1,000 in the bookie's jar >>



    Billy Walters wants in on this action!
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>

    << <i>At the end of the football season, I guarantee that you'll have much more than $1,000 in the bookie's jar >>



    Billy Walters wants in on this action! >>



    <<< and has been so successful that many Las Vegas bookmakers are afraid to even take his bets. >>>

    Yea, but they do take his bets don't they?...so with that premise of the story already suspect, in my opinion it's likely the rest of the story is basically suspect as well. I hope you don't believe everything you read? After reading the above comment from the story writer, I just glanced at the first page and saw the info about the golf hustling.

    Yes there are professional gamblers who hustle other gamblers in sports activity such as golf, many other sports, and cards...and they can make a good living at it...but they aren't hustling sports bookies.

    The media loves gambling because in fact gambling advertising is one of their biggest sources of revenue, so pro-gambling stories such as this are the norm with them. They usually don't check out the statements from the gamblers because they don't wish to prove them wrong. Frankly, gamblers who are in action, are some of the most notorious liars on the face of this earth, often exaggerating their wins, and usually understating their losses, or sometimes not even stating their losses at all.

    And just because a "professional" gambler states that on their tax return, doesn't mean it is true. Drug dealers and others involved in illegal activities, often state on their tax returns that they earned their reported income from gambling, so they can pay their taxes and spend the money without prosecution from the IRS. The IRS doesn't care how you make your money, only that you pay taxes on it, but I don't think even the most hardened drug dealer would have the stones to put "drug dealer" as an occupation on his tax return. LOL

    Also...most bookies are always complaining about how they are getting beat...but they actually love stories about guys like this, self proclaimed winners beating the bookies, when the bookies truly relish in stories such as this which entice others like the OP into thinking sports betting against bookies can be beat. In reality, the bookies have no fear, none, of this guy in the story or anyone else ever beating them in the long run.

  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>In college, my roommate and I handled bets from a lot of other fraternity members at UAB. Had a group of friends over in T-town who did the same. We would call some off to each other to limit our exsposure. From those years I can tell you that bookies always come out on top.

    We also had blackjack tables in our basement. We dealt dollar to 5 blackjack every thursday night. That to was a money maker.

    We would take our extra loot to Vicksburg and Philadephia and lose it all on the roulette wheel. Not smart, but it sure was fun.

    One of our T-town buds is now a fairly prominent on-air sports talkshow host in B-ham. He too would attest to the fact that bookies win.

    Not wise to gamble, but it sure can be fun.

    Blew a lot at the dog track too. Once we did a trifecta box with 1,4,5,8 on all 15 races and left. Ended up winning 3 tri's and made just a little. Figured we got lucky and never did that again. >>



    All good points...and I'm not saying sports betting can't be profitable, just not against a bookie with the juice. If ya found enough idiots out there willing to bet you straight up on a game when their team is a dog, and of course there's no bookie juice, then ya could make a living doing that if ya knew enough stupid people willing to do that. LOL

    Trying to hustle or beat Bodog or the Vegas books? Fool's folly.

    BTW, your post reminded me of my younger days, and I'm gonna leave it at that. image


  • << <i> I hope you don't believe everything you read? >>



    Stevek, this is great food for thought, so much so that I believe nothing that I read that you have typed.
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>

    << <i> I hope you don't believe everything you read? >>



    Stevek, this is great food for thought, so much so that I believe nothing that I read that you have typed. >>



    Ah yes, as expected, another hotshot "know it all" gambler...well then prove to the world that you are right and I am wrong...make a list of your brilliant football picks here and keep track of it...we'll see how you do for the season.


  • << <i>

    << <i>

    << <i> I hope you don't believe everything you read? >>



    Stevek, this is great food for thought, so much so that I believe nothing that I read that you have typed. >>



    Ah yes, as expected, another hotshot "know it all" gambler...well then prove to the world that you are right and I am wrong...make a list of your brilliant football picks here and keep track of it...we'll see how you do for the season. >>



    Nothing to do with gambling, just everything in general.

    Example; the Eagles are gonna win the Super Bowl.
  • Example; the Eagles are gonna win the Super Bowl.



    I BELIEVE THE ODDS ARE 11 TO 2
    Scoreboard Malfunction
  • stevekstevek Posts: 27,582 ✭✭✭✭✭
    Here's some more info for the hotshot "know it all" gamblers, that I'm sure they won't understand or don't want to understand. Let's say the juice on a $100 sports bet is 10% - what this means is you lose around 5% on each bet whether you win or lose the bet. Yes, each subsequent bet doesn't have a memory of the previous bet, however with random numbers, and sports betting is betting random numbers, on the average if betting $100 a game, you will lose $100 after 20 bets, IE: 20 bets x $5 lost per bet = $100.

    I guarantee if you do the thing I mentioned and you bet 20 games for $100 each, that you should be down right around $100 at that time. And of course there is variance and numbers can get skewed and 20 bets is not that many. So let's take a bigger sample and say you bet here 10 games a week for $100 each over say 17 weeks. You will have bet on 170 games and the "coin flips" are more certain to even out and you will have likely lost right around $850 at that time - guaranteed.

    I've seen rare situations whereby a gambler is actually up for the football betting season. Then next season, he can't understand why he is so cold...when in fact it's simply the random numbers evening out over the course of time.

    You can believe all this or not, and I'm sure the hotshots on here won't believe it...but go ahead and bet 170 games for the season here and let's see where you're at in the end...if you want to...I couldn't care less either way....because I already know the result...it is a mathematical certainty and is exactly why the bookies never lose in the long run.
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>Example; the Eagles are gonna win the Super Bowl.



    I BELIEVE THE ODDS ARE 11 TO 2 >>



    It's already etched in stone...the Eagles are gonna win the Super Bowl. image
  • Straight bets are your best odds. Parlays are the sucker bets.

    To break even on straight bets, you have have to win 10% more than you lose. Is it possible? Yes. Has it happened? Yes. Does it happen often? No.


    I'm picking the Cowboys this year. Its a stretch.
    Scoreboard Malfunction
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>Straight bets are your best odds. Parlays are the sucker bets.

    To break even on straight bets, you have have to win 10% more than you lose. Is it possible? Yes. Has it happened? Yes. Does it happen often? No.


    I'm picking the Cowboys this year. Its a stretch. >>




    You're right about the straight bets being the best odds, and as I think you know, bets such as teasers and prop bets are even worse. But just like in a casino, the "best" bet still doesn't mean it's a "good" bet. The bookies still have their juice against you going on every bet which is what mcadams doesn't quite get yet.

    And I know mcadams won't comprehend yet my next comment, which I already mentioned...that sports betting is betting on random numbers and there is no real handicapping skill involved as far as beating the point spreads and the bookies. Sports bettors think they're a genius when picking that big game and it all goes the way they thought it would go, but when they lose, they just consider that to be bad luck. When all of it, because of the uncertainties involved in sports, and the bookies uncanny skill at setting lines, makes it impossible for any gambler to beat the bookies juice in the long run.

    Actually, setting lines is not all that difficult - I've done this here before...because I follow the Eagles, I can usually call the bookies line accurately within a point or point and a half almost every Sunday. If I'm off by more than 3 points that is unusual, and again, it's no big deal to do - it's not that hard at all to set lines in the NFL when you closely follow all the teams which of course the bookies do.

    I wouldn't be surprised if mcadams does this because most sports gamblers do...IE: if they set a line at say 3 and the bookies have it at 4, they perceive that it's a good bet for them. Yes, the lines are a guideline and in fact a five year study was done of bookies lines and 50.1% of the time the dog covered, and 49.9% of the time the favorite covered - pushes of course weren't used in the percentages. So...after the lines are set, even with fluctuations which evidently mcadams believes he is so "skilled" that he can bet against these fluctuations and make money, however that is a false premise as proven by what I just stated with dogs and favorites each covering basically half of the time...the fluctuations one way or the other don't matter as far as making money is concerned.

    Sports betting isn't betting against other gamblers, it's betting against the bookies lines and the bookies juice, and in the long run it is impossible to beat. Once the lines are set, even with line fluctuations...in no way, shape, or form is it possible to accurately predict the way the ball bounces in any game, plus there are unforeseen injuries, weather condition changes, and a whole host of other factors which can change once a game starts that is impossible to predict...which is exactly why sports betting boils down to betting on random numbers with the 10% juice, or even smaller juice than that, eventually grinding out any size bankroll.

    Mcadams might think I'm picking on him personally...I'm not...my comments in this thread are for every sports bettor out there. Now it's up to them as to whether they choose to keep their money in their bank account, or transfer their money into the bank account of some sports bookie. I'd rather have my money in my bank account - it looks much better there...or spend my money on my card and coin collecting hobby. image
  • Sports betting and bust vintage wax are very similar. Both can be wildly entertaining. Both can yield some major hits. Both tend to be losers in the long run.


    The biggest question: Is your enjoyment worth the capital outlay? If so, enjoy.


    I know that the casinos end up with my money. I still go. I enjoy it every once in awhile.


    Just remember, never never never bet on Auburn to cover this year. They SUCK!!!!! Yee Haw!!!!!!!!!!!
    Scoreboard Malfunction
  • mlbfan2mlbfan2 Posts: 3,115 ✭✭✭


    << <i>Yea, but they do take his bets don't they?...so with that premise of the story already suspect, in my opinion it's likely the rest of the story is basically suspect as well. I hope you don't believe everything you read? >>



    If you're not going to believe 60 Minutes, then who are you going to believe?

    And, no, they don't take his bets because he has people that bet for him.


  • << <i>I am really bummed that it is now virtually impossible to use Bodog for sports betting. In the past, you could just use a credit card to fund the account. Then you had to use other internet "wallet" accounts which were legal.

    But now...I just checked out how to fund an account. It involved going to a Western Union and sending funds to some guy in Costa Rica who would then fund another MyPaylinQ account, which I could then use to deposit into Bodog. LOL....No thanks!

    Is there no easy way to gamble on college football anymore? >>



    i am new to the betting world but I signed up for bodog on friday and i was able to fund my account with a credit card.
  • BigRedMachineBigRedMachine Posts: 2,563 ✭✭✭
    I haven't been on BODOG since the end of the NFL season so I don't know if I'll have problems now that the new season is about to start up. I'll let you know.

    Hard to stay on topic with all the gambling lessons.
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>

    << <i>Yea, but they do take his bets don't they?...so with that premise of the story already suspect, in my opinion it's likely the rest of the story is basically suspect as well. I hope you don't believe everything you read? >>



    If you're not going to believe 60 Minutes, then who are you going to believe?

    And, no, they don't take his bets because he has people that bet for him. >>



    Hey, believe whatever ya wanna believe, but I guess you never heard of the following news story:

    Killian documents controversy
    From Wikipedia, the free encyclopediaJump to: navigation, search
    Further information: Killian documents authenticity issues and George W. Bush military service controversy

    Charles Johnson's animated GIF image comparing what CBS claimed to be a 1973-era typewritten memo with a 2004-era Microsoft Word document made with default settingsThe Killian documents controversy (also referred to as Memogate, Rathergate or Rathergate[1]) involved six documents critical of President George W. Bush's service in the Air National Guard in 1972–73. Four of these documents[2] were presented as authentic in a 60 Minutes Wednesday broadcast aired by CBS on September 8, 2004, less than two months before the 2004 Presidential Election, but it was later found that CBS had failed to authenticate the documents.[3][4][5] Subsequently, several typewriter and typography experts concluded the documents are forgeries,[6][7] as have some media sources. No forensic document examiners or typography experts have authenticated the documents, and this may not be technically possible without original documents.[8] The provider of the documents, Lt. Col. Bill Burkett, claims to have burned the originals after faxing copies to CBS.[9]
  • mlbfan2mlbfan2 Posts: 3,115 ✭✭✭


    << <i>Wikipedia - CBS 60 Minutes news story including Dan Rather >>



    I have heard of that story, but it was actually 60 Minutes II, not 60 Minutes! Ha! If you don't trust 60 Minutes, that's like not trusting an ebay seller because he has 5000 positives and 1 neg.

    So, who do you get your news from anyway? I'd like to know the name of the newspaper, website, or channel that is always 100% accurate.
  • Stevek gets his news from the tinfoil hat he wears in the basement of his bunker.
  • that's like not trusting an ebay seller because he has 5000 positives and 1 neg.



    To not trust someone with that rating would be foolish, to believe that you can make a living from sports betting is also just as foolish.


    Sports betting is an expensive hobby, not a job. To argue that it is possible just because one person has done it, is a losing arguement. I would assume that 60 minutes had to go thru 5000 losers to find the 1 winner
    Scoreboard Malfunction
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>

    << <i>Wikipedia - CBS 60 Minutes news story including Dan Rather >>



    I have heard of that story, but it was actually 60 Minutes II, not 60 Minutes! Ha! If you don't trust 60 Minutes, that's like not trusting an ebay seller because he has 5000 positives and 1 neg.

    So, who do you get your news from anyway? I'd like to know the name of the newspaper, website, or channel that is always 100% accurate. >>



    Mostly Fox News, and Drudge on the internet, and a number of others.

    I've already explained it about the media and gambling businesses, and in general CBS with its obvious left wing liberal bias and agenda is one of which I would trust the least. Although in all fairness, 60 Minutes did a pretty good story on gambling I think it was about a year ago, the one where Lesley Stahl got into an argument with "Fast" Eddie Rendell...but there wasn't really anything new or that interesting on the program.

    Also, I've never seen Fox News do any in depth reporting about the many millions of good folks and their families throughout America who get devastated from gambling addiction...of course Fox News as well doesn't want to bite the hand that feeds them.
  • Lefty Rosenthal - my heroimage
  • stevekstevek Posts: 27,582 ✭✭✭✭✭
    Here is an interesting Youtube video on the subject, and this type of behavior could apply to sports betting, online poker, or anything else involved with gambling. I'm not saying anyone here is like this guy, but I am saying anyone here who loves gambling as much as the guy in the video, could suffer the same consequences.

    You've been warned.


    Youtube video about gambling addiction
  • mlbfan2mlbfan2 Posts: 3,115 ✭✭✭


    << <i>Sports betting is an expensive hobby, not a job. To argue that it is possible just because one person has done it, is a losing arguement. I would assume that 60 minutes had to go thru 5000 losers to find the 1 winner >>



    stevek said "At the end of the football season, I guarantee that you'll have much more than $1,000 in the bookie's jar." That's quite a guarantee because for ONE football season, there are plenty of gamblers (albeit a small percentage) that win. I posted the story about Billy Walters because it's proof that it's at least possible to win over multiple seasons, let alone one season.

    Don't worry, I'm too smart to gamble on sports myself.
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>that's like not trusting an ebay seller because he has 5000 positives and 1 neg.

    To not trust someone with that rating would be foolish, to believe that you can make a living from sports betting is also just as foolish.

    Sports betting is an expensive hobby, not a job. To argue that it is possible just because one person has done it, is a losing arguement. I would assume that 60 minutes had to go thru 5000 losers to find the 1 winner >>



    I'm not going to condone gambling, but I'm not gonna knock one CU member here (not in this thread) or anyone else, who says he occasionally blows five bucks on an online poker tourney for a few hours of entertainment, or anyone who participates for a few dollars in an office March Madness pool, goes to the track on Derby Day, or whatever.

    But frankly, the post.....<<< I am really bummed that it is now virtually impossible to use Bodog for sports betting. In the past, you could just use a credit card to fund the account. Then you had to use other internet "wallet" accounts which were legal.

    But now...I just checked out how to fund an account. It involved going to a Western Union and sending funds to some guy in Costa Rica who would then fund another MyPaylinQ account, which I could then use to deposit into Bodog. LOL....No thanks!

    Is there no easy way to gamble on college football anymore? >>>

    ....in my opinion had an air of gambling addiction about it, and the OP can deny that and tell me I'm way off base, and that's okay...it was just my opinion which is why I tried to help with the information and posts.

    Oh well...as they say...no good deed goes unpunished. image
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>

    << <i>Sports betting is an expensive hobby, not a job. To argue that it is possible just because one person has done it, is a losing arguement. I would assume that 60 minutes had to go thru 5000 losers to find the 1 winner >>



    stevek said "At the end of the football season, I guarantee that you'll have much more than $1,000 in the bookie's jar." That's quite a guarantee because for ONE football season, there are plenty of gamblers (albeit a small percentage) that win. I posted the story about Billy Walters because it's proof that it's at least possible to win over multiple seasons, let alone one season.

    Don't worry, I'm too smart to gamble on sports myself. >>



    I'm not familiar with the story, and don't have the inclination or motivation to investigate it, simply because I've checked out too many stories such as this and they all turned out to be frauds, for a variety of reasons. But that is an excellent point that even if it were true, is it worth trying to emulate somebody like this when the chances are that virtually everyone, if not everyone, trying this would lose all their money and assets in the attempt.

    I remember the Old Man on Pawn Stars being asked if he ever visits the Las Vegas casinos, and he answered, (paraphrase) "No, I only bet on a sure thing." The Old Man may be a grouch but he's a wealthy grouch with a great business and a hit TV show...but if he was an addicted gambler, he wouldn't have any of that.
  • stevekstevek Posts: 27,582 ✭✭✭✭✭
    <<< there are plenty of gamblers (albeit a small percentage) that win >>>

    Oh yes, I think I stated that there are professional gamblers out there who make a good living from gambling...and I've known a few of them. However they were not doing it against organized gambling businesses, they are winning the money off other gamblers.

    Of course gamblers can say whatever they want, and they usually do - LOL. I knew this guy at the track and he never lost according to him. You'd ask him how he was doing and he'd say something like up a little bit, up a lot, winning a bundle, even...but never was he losing...yet he drove a fifteen year old rusted out car and lived in a dingy apartment with a roomate to help pay the rent. I think that tells ya something about gamblers and their tall stories.
  • mcadamsmcadams Posts: 2,611 ✭✭✭


    << <i>You sound like a real hotshot and that's okay...I don't mind that. So...under the premise of trying to save you money and your bank account, why not stay away from Bodog, and you start a thread here, or I guess you could use this thread, to show the world how good you are at handicapping football games and winning money. Make your college and pro football picks with the amounts, and after Monday night, you add up the losses including the 10% juice and add up the wins. You do all the math, show the spreads, over/unders, etc of your bets...and promise that I will completely stay out of the thread without comment, no matter how you do.

    We'll all see how you do...but I already know how you'll do, and don't take it personal because nobody in the long run can do better. >>



    Stevek- Rather than you presuming to know what I know or don't know, why don't you stop changing the subject when you get called out after making a dumb comment. None of our conversations to this point had anything to do with the math or winning % required to overcome the 10% juice.
    Successful transactions with: thedutymon, tsalems1, davidpuddy, probstein123, lodibrewfan, gododgersfan, dialj, jwgators, copperjj, larryp, hookem, boopotts, crimsontider, rogermnj, swartz1, Counselor

    Always buying Bobby Cox inserts. PM me.
  • mcadamsmcadams Posts: 2,611 ✭✭✭


    << <i>Here's some more info for the hotshot "know it all" gamblers, that I'm sure they won't understand or don't want to understand. >>



    Ughhh. How warm and inviting.
    Successful transactions with: thedutymon, tsalems1, davidpuddy, probstein123, lodibrewfan, gododgersfan, dialj, jwgators, copperjj, larryp, hookem, boopotts, crimsontider, rogermnj, swartz1, Counselor

    Always buying Bobby Cox inserts. PM me.
  • BoopottsBoopotts Posts: 6,784 ✭✭


    << <i>

    << <i>Here's some more info for the hotshot "know it all" gamblers, that I'm sure they won't understand or don't want to understand. >>



    Ughhh. How warm and inviting. >>



    You'd do well to just ignore steve. You know, 'don't feed the trolls' and all of that. He is deeply embarrassed by the fact that he lacks the discipline and self control to gamble recreationally, and the only way he can channel that anger is to lash out at anyone here who asks a harmless question related to gambling.

    FWIW, I got down on Liverpool to win the EPL at 11/1 about three weeks ago at Bodog, and I used my credit card. It was, I think, a BofA Visa. So they are still processing credit card deposits, but it may only be cards through certain banks.

  • jdip9jdip9 Posts: 1,895 ✭✭✭
    <<<You'd do well to just ignore steve. You know, 'don't feed the trolls' and all of that. He is deeply embarrassed by the fact that he lacks the discipline and self control to gamble recreationally, and the only way he can channel that anger is to lash out at anyone here who asks a harmless question related to gambling.>>>

    While that may or may not be true, he is undoubtedly correct in his premise that over the long run, the bookies win. The sports bettor has to win 52.4% of the time to overcome the 10% juice. That is EXTREMELY tough to do year in and year out. Cold Hard Football Facts analyzes a lot of numbers to make their picks, and for the past two years they are running at about a 55% clip, which is pretty impressive (albeit over a relatively short sample size). So, if you were to take their picks for the 512 regular season games played over the last two years, and bet the same amount on each game, you would have roughly a 5.5% return on investement.

    Over that same timeframe (Sept 2009-Sept 2011), the S&P 500 is up 15% (despite the tape over the past couple of months) and gold is up 88%. Over the last 60 years, the stock market has returned an average of 7%. So while I might argue that the stock market is every bit as risky as sports betting for the general population, even a novice investor could blindly invest in the S&P 500 and make 1.5% more than the so-called "football experts" can during a hot streak in sports betting. Even if you could crank out 55% win seasons year after year (which is virtually impossible to do), there are still better places to park your money.

    All that said, I don't begrudge anybody that wants to spend their disposable income on sports betting. After years of casual sports betting, I can fully appreciate the thrill of having a game "mean something". As long as the sports bettor goes into it with the mindset that their betting funds are likely to be lost forever, then they should never encounter any problems.
  • BrickBrick Posts: 4,923 ✭✭✭✭✭


    << <i>

    << <i>Wikipedia - CBS 60 Minutes news story including Dan Rather >>



    I have heard of that story, but it was actually 60 Minutes II, not 60 Minutes! Ha! If you don't trust 60 Minutes, that's like not trusting an ebay seller because he has 5000 positives and 1 neg.

    So, who do you get your news from anyway? I'd like to know the name of the newspaper, website, or channel that is always 100% accurate. >>



    No one is 100% accurate. Not possible especially with deadlines to be met. However we need to understand motivation of news organizations as well as their track record. There was an obvious bias against GWB and stories were released to do the most damage to him as possible. The main news organizations lean quite a bit left and that is their perogative. The National Guard story with no evidence of accuracy, in fact Killians family disputed the story if I remember correctly. Ws drunk driving conviction story was released the night before the election so as to do the most damage even though they had the story way in advance of that date. CBS declared Gore the winner in Florida while voting was still happening in the Panhandle with the purpose to dissuade voters from "wasting" their time going to the polls at the end of the day. This was a heavily right leaning area. They did a hit piece on Reagan just before his alzeiheimers was diagnosed. 60 minutes did a show on Reagan misspeaking and showing where he said the same thing in speeches as he did in his old movies. I did not understand the reason for this other than to bash the man as there was nothing he said that would be objectionable to any degree. To give them the benefit of the doubt they did not know of his illness at that time. Michael Moore made a mockery of Charlton Heston while knowing full well of his illness. 60 minutes also used to edit their questions in the studio. They did not change the words but did change the tone of voice and and what they accentuated. They defended the practice by saying they changed nothing but anyone with any sence of fair play would know better. I remember hearing questions and wondering why their was no negative reaction to it. It was because that was not really the question asked. It is obvious Fox News leans far Right but it is also apparent the other News Organizations are using their influence to promote the Left.
    Collecting 1960 Topps Baseball in PSA 8
    http://www.unisquare.com/store/brick/

    Ralph



  • << <i>

    So, who do you get your news from anyway? I'd like to know the name of the newspaper, website, or channel that is always 100% accurate. >>



    The Onion.
  • mlbfan2mlbfan2 Posts: 3,115 ✭✭✭


    << <i>CBS declared Gore the winner in Florida while voting was still happening in the Panhandle with the purpose to dissuade voters from "wasting" their time going to the polls at the end of the day. >>



    The five biggest networks declared Gore the winner, all within a few minutes of each other. From what I've read, NBC was the first.
  • grote15grote15 Posts: 29,480 ✭✭✭✭✭
    CBS declared Gore the winner in Florida while voting was still happening in the Panhandle with the purpose to dissuade voters from "wasting" their time going to the polls at the end of the day. >>



    The five biggest networks declared Gore the winner, all within a few minutes of each other. From what I've read, NBC was the first.


    That is correct.

    SteveK may be an alarmist, but the basis of what he says he is correct with regard to losing in the long run, if not the short run.

    I think that if you can control your wagering to the point where it doesn't affect your livelihood or family relationships and responsibilities, the enjoyment factor may outweigh the longer odds. Just like with drinking, not everyone develops a drinking problem, and gambling is similar in that regard.

    We rip open wax packs in search of gem mint and rookie cards even though the long term odds of beating the game are even longer than with gambling, but the enjoyment one gets out of that activity (as long as they are in control of their spending) outweighs those long odds.


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
  • mcadamsmcadams Posts: 2,611 ✭✭✭


    << <i>

    << <i>I am really bummed that it is now virtually impossible to use Bodog for sports betting. In the past, you could just use a credit card to fund the account. Then you had to use other internet "wallet" accounts which were legal.

    But now...I just checked out how to fund an account. It involved going to a Western Union and sending funds to some guy in Costa Rica who would then fund another MyPaylinQ account, which I could then use to deposit into Bodog. LOL....No thanks!

    Is there no easy way to gamble on college football anymore? >>



    i am new to the betting world but I signed up for bodog on friday and i was able to fund my account with a credit card. >>




    Seriously? Are you US based? I thought they banned that LONG ago.. What type of card were you using?
    Successful transactions with: thedutymon, tsalems1, davidpuddy, probstein123, lodibrewfan, gododgersfan, dialj, jwgators, copperjj, larryp, hookem, boopotts, crimsontider, rogermnj, swartz1, Counselor

    Always buying Bobby Cox inserts. PM me.
  • mcadamsmcadams Posts: 2,611 ✭✭✭


    << <i>

    << <i>that's like not trusting an ebay seller because he has 5000 positives and 1 neg.

    To not trust someone with that rating would be foolish, to believe that you can make a living from sports betting is also just as foolish.

    Sports betting is an expensive hobby, not a job. To argue that it is possible just because one person has done it, is a losing arguement. I would assume that 60 minutes had to go thru 5000 losers to find the 1 winner >>



    I'm not going to condone gambling, but I'm not gonna knock one CU member here (not in this thread) or anyone else, who says he occasionally blows five bucks on an online poker tourney for a few hours of entertainment, or anyone who participates for a few dollars in an office March Madness pool, goes to the track on Derby Day, or whatever.

    But frankly, the post.....<<< I am really bummed that it is now virtually impossible to use Bodog for sports betting. In the past, you could just use a credit card to fund the account. Then you had to use other internet "wallet" accounts which were legal.

    But now...I just checked out how to fund an account. It involved going to a Western Union and sending funds to some guy in Costa Rica who would then fund another MyPaylinQ account, which I could then use to deposit into Bodog. LOL....No thanks!

    Is there no easy way to gamble on college football anymore? >>>

    ....in my opinion had an air of gambling addiction about it, and the OP can deny that and tell me I'm way off base, and that's okay...it was just my opinion which is why I tried to help with the information and posts.

    Oh well...as they say...no good deed goes unpunished. image >>



    Well then thanks for the "help". My story about the Western Union etc. was intended to be humorous because it seems like no one (or not most people) would go to such ridiculous lengths to fund an account. As recently as a few years ago, you could ACH from your directly from your US based checking account or pay via credit card. They seemingly have made it much more difficult the past year or two. All that being said, I don't think spending $25 or $50 for a small Bodog bankroll for a college football season is really a bad thing. Its entertainment, especially for folks who watch all the games anyway.
    Successful transactions with: thedutymon, tsalems1, davidpuddy, probstein123, lodibrewfan, gododgersfan, dialj, jwgators, copperjj, larryp, hookem, boopotts, crimsontider, rogermnj, swartz1, Counselor

    Always buying Bobby Cox inserts. PM me.
  • mcadamsmcadams Posts: 2,611 ✭✭✭


    << <i>

    << <i>

    << <i>Here's some more info for the hotshot "know it all" gamblers, that I'm sure they won't understand or don't want to understand. >>



    Ughhh. How warm and inviting. >>



    You'd do well to just ignore steve. You know, 'don't feed the trolls' and all of that. He is deeply embarrassed by the fact that he lacks the discipline and self control to gamble recreationally, and the only way he can channel that anger is to lash out at anyone here who asks a harmless question related to gambling.

    FWIW, I got down on Liverpool to win the EPL at 11/1 about three weeks ago at Bodog, and I used my credit card. It was, I think, a BofA Visa. So they are still processing credit card deposits, but it may only be cards through certain banks. >>



    Thanks for the input. Thats 2 people here who seem to have no issues using card. Maybe I'll try again with a different card? As for the antagonist on this thread, I got nothing but love for Stevek. I'm ignoring his arrogant posts and focusing his good-natured attempts to warn board members of the potential problems of gambling. I should have prefaced my first post by saying that I realize I'm not good enough at sports betting to be a net winner- but I see the $25 or $50 I put into each each season as a cheap way to buy entertainment. I've never had an inkling to spend more than that, but if I did perhaps that would be a sign that some type of problem was beginning. Thanks Boopotts.
    Successful transactions with: thedutymon, tsalems1, davidpuddy, probstein123, lodibrewfan, gododgersfan, dialj, jwgators, copperjj, larryp, hookem, boopotts, crimsontider, rogermnj, swartz1, Counselor

    Always buying Bobby Cox inserts. PM me.
  • jdip9jdip9 Posts: 1,895 ✭✭✭
    I've also found it annoying how hard they make it to fund online accounts. Some day, the US Government will legislate online gambling as a means to help close the budget deficit. You better believe when that day comes, you won't have any trouble funding your accounts.
  • stownstown Posts: 11,321 ✭✭✭


    << <i>All that said, I don't begrudge anybody that wants to spend their disposable income on sports betting. After years of casual sports betting, I can fully appreciate the thrill of having a game "mean something". As long as the sports bettor goes into it with the mindset that their betting funds are likely to be lost forever, then they should never encounter any problems. >>



    +1

    To put it into perspective, they don't build billion dollar casinos to lose money. Sure, there are some gamblers that are net positive but overall, the house *always* wins.
    So basically my kid won't be able to go to college, but at least I'll have a set where the three most expensive cards are of a player I despise ~ CDsNuts
  • stevekstevek Posts: 27,582 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Here's some more info for the hotshot "know it all" gamblers, that I'm sure they won't understand or don't want to understand. >>



    Ughhh. How warm and inviting. >>



    You'd do well to just ignore steve. You know, 'don't feed the trolls' and all of that. He is deeply embarrassed by the fact that he lacks the discipline and self control to gamble recreationally, and the only way he can channel that anger is to lash out at anyone here who asks a harmless question related to gambling.

    FWIW, I got down on Liverpool to win the EPL at 11/1 about three weeks ago at Bodog, and I used my credit card. It was, I think, a BofA Visa. So they are still processing credit card deposits, but it may only be cards through certain banks. >>



    And it would be well to ignore affiliate commission hustlers who come on websites, not looking to make friends and have fun, but looking for gambling customers, right Guy?

    And as usual you've intentionally got it wrong...I'm not embarrassed in the least and you know that, as we have had many discussions on the subject of gambling. Like most left wing liberals, you like to spin the facts and blabber revisionist history to suit yourself.
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