When You Realize You Are A Gambling Loser

[Sweet]

I got faith you will accomplish anything you put your mind to.

And I have all the faith in you and it's been a thrill and honor for being part of your shared with group, root you on and see the great stuff you predicted, great strategies you deployed and successes.

Let's just say some of the excitement for me and my exploits have turned in a more serious, dire direction...and I think my approach is going to show that!

Will it work, I dunno    But I'm going to bare down and start implementing examples set and advisement, and whatever else my brain conjures to 180 this mess into success! 

[SRP22]

McMannis was the real deal back in his era. He was an economics professor.
He was like a rock sitting on his wallet for days. I don't know how he handled gimmicks but his straight bets were 1 unit to win and 2 units to place.
If for some reason his horse finished 2nd a $3 place price would bring him even and if it was going to pay less than $3 you shouldn't be betting it anyway.
His " numpers" had a flaw but back then you could get away with it.
In today's era it would be bringing a butter knife to a gun fight.

There was another pro in that era selling his "numpbers" but he was much more under the radar.

[dougie]

McMannis was the real deal back in his era. He was an economics professor.
He was like a rock sitting on his wallet for days. I don't know how he handled gimmicks but his straight bets were 1 unit to win and 2 units to place.
If for some reason his horse finished 2nd a $3 place price would bring him even and if it was going to pay less than $3 you shouldn't be betting it anyway.
His " numpers" had a flaw but back then you could get away with it.
In today's era it would be bringing a butter knife to a gun fight.

There was another pro in that era selling his "numpbers" but he was much more under the radar.

SRP22, i'm glad I'm not the only one who heard of him. I do know he and a few followers consistently made money listening to how he wagers. I have tried to "sit on my wallet" but I do fail once in awhile. But when I do limit my wagers, as he advised, I seem to be doing a lot better. Less action for sure! But better profits. 

[SRP22]

It was called Professors Speed Service.
He would mail you updates on what " numpber" the winner ran for each race of each racing day.

[Bitter Truth]

My mom used to like to buy the tip sheet from the guy by the turnstiles at Scioto.
She did better when she bet numbers. She had some pretty good luck at times.

[rainman2]

Look at many of the individuals here on plop!
More than likely quite a few broke degenerative gamblers here!

Has anyone ever known a gambling loser?

I have and they can’t even admit to this.

[dougie]

My mom used to like to buy the tip sheet from the guy by the turnstiles at Scioto.
She did better when she bet numbers. She had some pretty good luck at times.

When I used to go to the races at Aqueduct, they used to sell the "Green Sheet" and the "Clocker Lawton" sheet. I think they were $2 each. They sold a lot in those days. I don't remember ever buying one, but a buddy of mine hit a 4G tri from the Green Sheet. He had to run around to find a "10 percenter" to cash it for him. LOL!

[dougie]

It was called Professors Speed Service.
He would mail you updates on what " numpber" the winner ran for each race of each racing day.

I wonder if he's still around. I heard he was a fixture at the Illionis throughbred tracks for many years.

[Kole Hanover]

 So, you're saying you aren't going throw as much shit as you can at the wall & hopefully some sticks?

 Always found it funny, the guys who bet every race & then wonder why they dwindled their bankroll all night.

[Sweet]

So, you're saying you aren't going throw as much shit as you can at the wall & hopefully some sticks?

 Always found it funny, the guys who bet every race & then wonder why they dwindled their bankroll all night.

I don't go driving around in an RV with my family and stay in a campgrounds, brag only about my success and never dare speak about a failure, attack someone who goes after racing cheats and animal abusers, and knowingly race a lame horse.   

That's be all you, 100% 

But I will give you props, you came into my self confessed loser thread, and topped me 

[Meadow Ford]

Money Management, Money Management, Money Management
In the late 60's early 70's I would often times meet up with Ora Stratton in the Pompano grandstand. In the beginning I would bet the same horses as Ora. I would go home a loser. Ora would go home a winner.
Why?
Ora would bet small most of the time, but big on the one or two horses he really liked. I on the other hand bet small on everything.
I soon learned to only bet on the one or two horses Ora really liked. THEN WE BOTH WENT HOME WINNERS.

[dougie]

Money Management, Money Management, Money Management
In the late 60's early 70's I would often times meet up with Ora Stratton in the Pompano grandstand. In the beginning I would bet the same horses as Ora. I would go home a loser. Ora would go home a winner.
Why?
Ora would bet small most of the time, but big on the one or two horses he really liked. I on the other hand bet small on everything.
I soon learned to only bet on the one or two horses Ora really liked. THEN WE BOTH WENT HOME WINNERS.

I agree. Money management is the key. I think many horse players, myself included love the action. So the bankroll is spread over to many races. But over the last few years, i've adjusted my thinking. It so hard to keep the cash in your pocket and let a race go by. But i'm working hard at just "picking my spots" and the results are way better than before.