In a nutshell:
"I play all bets
the same; I risk the same on all bets."
- Bob McCune
A Very Important Thing
A Crash Course In
A very important
thing to know Much like investing in stocks, you can't expect to make money
every day at sports betting. Here's what you can expect.
Sports Betting Money Management
R.J. Miller sheds light on the business of sports betting!
If you think progressive betting schemes can win more than you deserve, buy a round-trip
ticket in advance
Test Your Sports
Use these questions to check your "expert" friends
Some pointspreads are much more important than
A Crash Course In
...And it's NOT 4.55%
Track Us HERE
The Social Impact of
EMAIL FROM GAMBLERS
Please send me an example of what I would be getting if I ordered the 10
yrs. of NFL stats. Thanks, J. A.
P.S. I get a great deal of knowledge from your site. I'm an aspiring
sports investor that has had his years of frustration, but am very close to
putting it all together [thanks to sites like yours.] Keep up the good work
and remember there are a few of us out there that really appreciate the work
you put in.
Thanks for the email. A sample of our NFL stats is attached. - J. R.
...Only up $1000 after 2 months of betting (against the NFL) with $100 bets?
Are you sure you should be bragging about that? - Barb
After subtracting the cost of our newsletter, and
using 2% of bankroll per bet, that works out to 16+% profit in about 8
weeks...That's an annual percentage rate well over 100 percent. Compare that
return on investment to the stock market or to other forms of investment.
Something tells us you've been listening to sports touts, promising to
make you rich in a couple of weekends. - J. R. Miller
is your opinion of (edited sports service)? Can I trust his (sports) picks?
I am on the road a lot and I bet only now and then. (Edited) offers picks by
the day instead of by the month like you do...
Any sports service with a website should offer a
like we do. If they don't, why don't they? Such a page is easy to maintain
and it allows the whole world to see his real results. In other words, if a
sports service won't allow you to track their record, stay away. - J. R.
idea that most people don't have a problem with gambling, they have a
problem with losing, really opened my eyes. I don't want somebody to cure
me, I want them to teach me how to win. I know I'm not a head-case but I
love to bet on sports even though I have never been able to win over the
long haul. I just ordered your book. I figured it is time to go to school...
- Larry L.
It really wasn't my idea that all losers might
not be "head-cases", but I do agree that it's easier to show a man how to
quit losing than to overhaul his personality to make him quit gambling. I'm
reminded of the myth that a man's sexual performance peaks at 18 and tapers
off the rest of his life....Hey! Maybe we ought to look at what 18-year-olds
are sleeping with, then look at what 60-year-olds are sleeping with! The age
of a man might not have anything to do with it! In other words, before
reaching conclusions we should always make sure our premises are sound. -
It is time for you to write a new book...In your new
book I would like to see more information on NFL totals and a section on
betting half-times both sides and totals. I love your work and have followed
your examples for years. Money management is right on. Thanks for your help.
- Bill R.
We're working on it...We really are. Thank you
very much for your confidence and trust in our work. - J. R.
(See our article,
Debunking the Kelly criterion)....
...Talk about 30 minutes invested wisely! I started out with a fantasy
$10 thousand and within 66 bets I had "Kelly'ed" it down to $6200. That was
at a 58% expectation! I turned over six cards at a time to simulate one day
of baseball, NBA, or NFL and recalculated my bet after each six wager cycle.
I could continue and see just how long before I was completely broke, but I
really don't see the need. I then took the exact same bets (all 66 of them)
and graded my earnings using a flat 1% of the bankroll. Much better....Boy,
are you right. The Kelly Criterion is a death trap. I can't understand how
anyone can recommend it with a clear conscience.....All my best, George
I don't think it's a matter of 'conscience' but
simply a matter of mistaken logic. The Kelly criterion seems to work on
paper so long as the expected percentages are achieved. The trouble is, the
expected percentages are often NOT achieved over the relatively short term
in real life, such as 30-40-50 bets. That's when the Kelly fails badly
against sports. - J. R.
have the (sports betting) classes that Bob (McCune) taught with Jack Painter
at the Commuinity College of Southern Nevada on tape, as Bob says in his
book? Thanks. - Jeff
We decided to clean them up, edit the superfluous
material from them, and transfer them to print form. Those articles are
almost ready. The first is,
Make Your Own NBA Lines," and should be available in less than a
month. When they're ready we will be able to attach them to an email
(Microsoft Word ".DOC" format) and send them directly to you. Please
check our website for availability. We will announce them as soon as
possible on our Index page.
was wondering if you have an opinion on the new wave of "person-to- person"
betting sites, and if they are reputable...Thanks for all your knowledge.
Love your site. - Phil S.
I'm sorry, I am too ignorant about them....Be
suspicious of any website that doesn't clearly state who is responsible for
the site. Name, address, phone number, etc. Avoid any site that claims to be
run by a "group" of unnamed "professional gamblers." - J. R. Miller
more week left of preseason (NFL) and already (your article,
How to Beat
has guaranteed me a profit (for preseason)...Many thanks! - A. L.
can this go on??? 9 straight winner days. Dont stop now. I have never got my
moneys worth this good. Thank you and keep up the great work. - Austin G,
Thanks for noticing. Sometimes what people think
of us depends on when they start tracking us. We've had 9 straight winning
days, alright, and we're up almost 19 units in those 9 days....But we are
NOT that good. We have winning streaks and losing streaks just like anybody
else. We've simply had a winning streak. In the end, over the long haul, we
expect to win exactly what we say we will at several other places on this
website; - a profit of more than 5% of all money risked. Beware of
overconfidence. Acceptable money management is crucial. - J. R.
picked texas to beat the D(evil) R(ays) today and the DRs won 15 to 4.
look dumber than a guy dating Rosie.
must say I just stumbled across your site and am VERY impressed. I am
thinking of subscribing to the newsletter. I can be very busy at work
sometimes, so busy I might not have much time to check my email and play the
games. What time are your selections posted? Is it just one email per day
or numerous throughout the day? If I would get the selections early enough,
I could easily see this being a tremendous advantage to me. Thanks for you
answers in advance. Best Wishes, Keith R.
Thank you for your interest. Our newsletter is
delivered daily as soon as possible. We don't "hold" it until a specific
time. It's sent as soon as we have made the selections and added our
analyses. Consequently, it doesn't arrive at any certain time, but it is
almost always sent at least two hours before the first game(s) go off, -
usually before 1:00 PM USA Eastern Time. Thanks again! We hope you'll come
aboard. - J. R. Miller
know you donít Ďcap college games, but Iím looking for a college football
database......Do you know of a good college FB database website or software
program where I can do some research? Thank you. Best Wishes, Jerry
I don't, but I'll bet I know who does. Check with
Howard Schwartz at Gamblers' Book Shop in Las Vegas. Howard knows more about
gaming literature and research materials than anyone else in the world. Best
wishes. - J. R.
a quick question for you. I was wondering if you knew of any good sports
statistics sites that might provide daily matchups and comparisons for games
that you might be betting on for the day. I have been searching the net for
a good free site or a cheaper stats site than ones like statfox.com which
charges like $400 for 3 months. Any recommendations here would be greatly
appreciated. Thanks. - R. A.
Excellent stats can be had through USA Today (http://www.usatoday.com),
and it's free.
We keep our own running records for historical research so we don't use
any stats sites except USA Today. In fact, we offer some of our own stats.
Take a look at our page offering NFL games' stats on an Excel
spreadsheet. It's at
. Just ask for a sample and we'll email you one. - J. R. Miller
.....Do you know what impresses me about you? After getting your ass handed
to you (June 5) to the tune of 7+ units you stepped right back up the
next 3 days and won it all back.... - T. K. W.
I guess it comes with experience, or in knowing
that no matter what happened yesterday, everything figures to be all right
in the end. I'm not sure it can be taught. We went 1-8 on June 5th, then
went 9-2 the next 3 days, one of which was a +225 underdog. Results from
those 4 days show relatively extreme fluctuations from the norm...Unusual,
of course, but not really unexpected. It's more proof of the importance of
correct money management. - J. R.
I have been studying your site, which I find very interesting.
I went to the "track us here" page today. I was looking for your
predictions to be listed right after game time, and I checked up until
2:30pm (by refreshing page) but there were not any posted. Was there
something wrong with your server, or should I be checking on another page?
Thank you. Robert F.
They were posted within minutes after
kick-off....Next time, instead of refreshing your page, try holding down
"Control" while you refresh in order to reload the page.
Emails from Gamblers pages