End of Week Basketball!

[Guest Carmine Bellini]

Wanted to start the Sunday thread up as soon as possible so we can fill it with knowledge :D I will be back and cover a lesson or two about the end of the week and then instead of breaking down a slew of games, I may just take down one and really dig deep to bring the information! If anyone has a topic they would like to discuss or a game, bring it in and we can dissect it. Edit to add the record: Last Week: 12-8 (60%) :clap This week 15-19 (44%) :spank CB

[Guest Carmine Bellini]

Re: End of Week Basketball! Well today is Sunday and that means everyone scrambles to get in the last whack at the bookmaker before the week ends. This is not as wide spread as it used to be because of the emergence of the offshore book, but indeed it still occurs. It also brings me onto another topic that happens everyday and that is chasing losses. Although it is a grind and it should be thought of as a marathon not a sprint, most gamblers live for the day. There is nothing worse than ending the day on a losing note so often the gambler will load up on the last game of the day to try and make it a winning day. This is one of the easiest mistakes to commit and one of the hardest to correct. What I suggest is that you break your record down to a daily, weekly, monthly, and seasonal format. If your not keeping a record that too is a very big mistake and will cost you more than chasing. This week is a perfect example for me as I am down on the week and four games below .500, but instead of chasing and hitting the board hard on Sunday I just look at previous records. For example if you combine last week’s record and this week’s record I am already at .500 which means I would need just one win today to show profit. If I add previous weeks it will show that I am ahead for the season so it allows you to step back and take a breath and not worry about making more than you have to. You can also use chasers to your advantage when you do not become one of them. Tonight there are four late games that give the bettor the last shot to make or break is man for the week, but the one that really stands out is Duke / Florida St because it is a major game and it will be televised, thus it will bring in some action allowing you to fade the majority of the public money. In the NBA there are two late games that will have similar impacts on the money fluctuations but it is this college game that will get the most attention. The bottom line is do not chase your losses and live to fight another day, this theory is lost if you do not keep accurate records or if you do not have a good money management system. Carm