Sammy Watkins' Rib Posted January 9, 2022 Share Posted January 9, 2022 (edited) Chiefs crushed me last night. Had them in multiple teasers betting the line down to -5. I didn't mind when it looked like the Bills might get the #2 seed but to have all my teasers and parlays blown up before the Sunday early games AND not get the #2 seed. That is like being kicked when you are down. The joys of gambling on the NFL! For the year I am up about $50 and that's where I'll leave it for this season. My worst beat for the season so far was the Jonathan Taylor TD to close out the Patriots. Just trying to get a first down to run the clock out and he breaks it for a 70 yard TD. I had the Patriots in a 6 team teaser and that was the only one that didn't hit. Cost be around $200. Edited January 9, 2022 by Sammy Watkins' Rib Quote Link to comment Share on other sites More sharing options...
BillnutinHouston Posted January 9, 2022 Share Posted January 9, 2022 I have a question for those who bet. How do you address that in your budget? Do you just budget for what you put down as an expense, and any winnings are just extra income? Quote Link to comment Share on other sites More sharing options...
NewEra Posted January 9, 2022 Share Posted January 9, 2022 4 minutes ago, Sammy Watkins' Rib said: Chiefs crushed me last night. Had them in multiple teasers betting the line down to -5. I didn't mind when it looked like the Bills might get the #2 seed but to have all my teasers and parlays blown up before the Sunday early games AND not get the #2 seed. That is like being kicked when you are down. The joys of gambling on the NFL! For the year I am up about $50 and that's where I'll leave it for this season. My worst beat for the season so far was the Jonathan Taylor TD to close out the Patriots. Just trying to get a first down to run the clock out and he breaks it for a 70 yard TD. I had the Patriots in a 6 team teaser and that was the only one that didn't hit. Cost be around $200. Ouch. I was watching that Taylor run thinking that it would suck to have bet the pats that game. I had colts ML Quote Link to comment Share on other sites More sharing options...
gonzo1105 Posted January 9, 2022 Share Posted January 9, 2022 Signed up for the Caesars 300 have Bills/Jets Over 40.5 and my 1,000 dollars rebet is on Washington -7 over NYG Quote Link to comment Share on other sites More sharing options...
Mr. WEO Posted January 9, 2022 Share Posted January 9, 2022 24 minutes ago, Bill from NYC said: Are they taking it from the bettors or the bookie's profits? OK, but are winning bettors expected to declare the profits? It's 51% of gross revenues of all 9 companies. It's 51% of the 7.5% "hold" online companies take on all wagers. All gambling winnings are taxable as regular income. Legit online gambling sites are supposed to report winnings of an individual over $12K. 17 minutes ago, Teddy KGB said: cocaine and strippers ? hookers and blow are hot dogs and apple pie... Quote Link to comment Share on other sites More sharing options...
SageAgainstTheMachine Posted January 9, 2022 Share Posted January 9, 2022 8 minutes ago, BillnutinHouston said: I have a question for those who bet. How do you address that in your budget? Do you just budget for what you put down as an expense, and any winnings are just extra income? Exactly. Same as in poker, you make sure your bankroll is an amount of money that doesn't hurt your personal finances if you lose it all. Entertainment expense with a solid chance of profit. Quote Link to comment Share on other sites More sharing options...
Albany,n.y. Posted January 9, 2022 Author Share Posted January 9, 2022 10 hours ago, Johnny Hammersticks said: I need to figure if I can drive to NYS (I live 20 min away from border in VT) and place bets. I’m assuming it’s based on your phone’s geolocation. I'm not sure about that since you have to give them your address. If you have an out of state address, they may not accept your application. Quote Link to comment Share on other sites More sharing options...
Sammy Watkins' Rib Posted January 9, 2022 Share Posted January 9, 2022 1 minute ago, SageAgainstTheMachine said: Exactly. Same as in poker, you make sure your bankroll is an amount of money that doesn't hurt your personal finances if you lose it all. Entertainment expense with a solid chance of profit. Yep. With my case i have been lucky enough that I have not had to make a deposit in a few years. Keep your bets to around 1% of your bank roll and you can ride out the lows and then when you get on a hot streak hopefully get back to your starting balance or even more. This season I have consistently been betting the following each week: 5% on 6team teasers 1% on a 6 to 8 team teaser 1% on a 5 team parlay What ever one does I would suggest being as consistent as you can in your percentages and what you like to bet weekly. Quote Link to comment Share on other sites More sharing options...
PetermansRedemption Posted January 9, 2022 Share Posted January 9, 2022 18 hours ago, Steptide said: Bet that kc covers the spread and kelcey has a td. Pretty safe bet I think Or not 😂 (full disclosure, I bet the same, also thinking it was very safe) Quote Link to comment Share on other sites More sharing options...
SageAgainstTheMachine Posted January 9, 2022 Share Posted January 9, 2022 (edited) On Caesar's - Max $100 bet on rookies Lawrence, Wilson and Jones to each have 2 or more passing TDs. At +3300. I'm also betting confidently on the Jets +16.5 line and the Over on our game at 40.5. Both are likely and it's also a nice hedge because it would be relatively hard for the combined score to be less than 41 with the Jets losing by 17. Edited January 9, 2022 by SageAgainstTheMachine Quote Link to comment Share on other sites More sharing options...
Sammy Watkins' Rib Posted January 9, 2022 Share Posted January 9, 2022 1 minute ago, PetermansRedemption said: Or not 😂 (full disclosure, I bet the same, also thinking it was very safe) I had a "favorites roll parlay" going yesterday. Just 1%. First time all year I had done one of all big favorites. Chiefs blew it up. Quote Link to comment Share on other sites More sharing options...
Sammy Watkins' Rib Posted January 9, 2022 Share Posted January 9, 2022 7 minutes ago, SageAgainstTheMachine said: On Caesar's - Max $100 bet on rookies Lawrence, Wilson and Jones to each have 2 or more passing TDs. At +3300. I'm also betting confidently on the Jets +16.5 line and the O/U on our game at 40.5. Both are likely and it's also a nice hedge because it would be relatively hard for the combined score to be less than 41 with the Jets losing by 17. Are you taking the over or the under in our game? That wasn't 100% clear as I read it. It sounds like you are taking the Jets to score a decent amount of points in this game (to cover the spread) and so you are taking the over right? Quote Link to comment Share on other sites More sharing options...
Codyny13 Posted January 9, 2022 Share Posted January 9, 2022 11 hours ago, Codyny13 said: Lol I’ve been off shore betting for years. I’ll keep my books, f*ck NYS Not taxing my betting Quote Link to comment Share on other sites More sharing options...
AlCowlingsTaxiService Posted January 9, 2022 Share Posted January 9, 2022 Not me. Not much of a gambler TBH. If I’m gonna light money on fire, I’ll do it with the purchase of impractical motorized conveyances 😂 Quote Link to comment Share on other sites More sharing options...
Steptide Posted January 9, 2022 Share Posted January 9, 2022 19 minutes ago, PetermansRedemption said: Or not 😂 (full disclosure, I bet the same, also thinking it was very safe) Woulda won $150 if they had covered 🙄. So close Quote Link to comment Share on other sites More sharing options...
SageAgainstTheMachine Posted January 9, 2022 Share Posted January 9, 2022 6 minutes ago, Sammy Watkins' Rib said: Are you taking the over or the under in our game? That wasn't 100% clear as I read it. It sounds like you are taking the Jets to score a decent amount of points in this game (to cover the spread) and so you are taking the over right? Heh yeah, I realized that and edited. Definitely taking the over. 1 Quote Link to comment Share on other sites More sharing options...
PetermansRedemption Posted January 9, 2022 Share Posted January 9, 2022 44 minutes ago, Steptide said: Woulda won $150 if they had covered 🙄. So close Chiefs blew up a few of my parlays before they even got started Quote Link to comment Share on other sites More sharing options...
Bill from NYC Posted January 9, 2022 Share Posted January 9, 2022 3 hours ago, Mr. WEO said: It's 51% of gross revenues of all 9 companies. It's 51% of the 7.5% "hold" online companies take on all wagers. All gambling winnings are taxable as regular income. Legit online gambling sites are supposed to report winnings of an individual over $12K. I'm sorry, I don't understand the bold. Quote Link to comment Share on other sites More sharing options...
BillsCuse Posted January 9, 2022 Share Posted January 9, 2022 4 hours ago, SageAgainstTheMachine said: Exactly. Same as in poker, you make sure your bankroll is an amount of money that doesn't hurt your personal finances if you lose it all. Entertainment expense with a solid chance of profit. This is what a smart gambler should do, but this type of thinking does not belong in a degenerate thread lol. 1 Quote Link to comment Share on other sites More sharing options...
BillsCuse Posted January 9, 2022 Share Posted January 9, 2022 Bills related booster props on Cesars: Allen - Over 249.5 passing yards and 1 rushing TD. +350 Diggs - Over 99.5 receiving yards and one reception TD. +375 Really like the Allen one and Diggs is definitely achievable. Quote Link to comment Share on other sites More sharing options...
Buffalo716 Posted January 9, 2022 Share Posted January 9, 2022 4 hours ago, BillnutinHouston said: I have a question for those who bet. How do you address that in your budget? Do you just budget for what you put down as an expense, and any winnings are just extra income? Personally.. I don't wager what I'm not willing to lose So I obviously have some money budgeted that I could play with When that money's gone it's gone till I budget more of it... When I win it's just some extra pocket cash Quote Link to comment Share on other sites More sharing options...
Albany,n.y. Posted January 9, 2022 Author Share Posted January 9, 2022 Thank you Jake Fromm. I knew you would come through for me. Quote Link to comment Share on other sites More sharing options...
Mr. WEO Posted January 9, 2022 Share Posted January 9, 2022 1 hour ago, Bill from NYC said: I'm sorry, I don't understand the bold. i assume it’s a vig Quote Link to comment Share on other sites More sharing options...
Bill from NYC Posted January 10, 2022 Share Posted January 10, 2022 3 hours ago, Mr. WEO said: i assume it’s a vig If so, that sucks. On straight up bets, old time bookies had a 5% take, assuming that bettors will win 50% of their bets. 7 1/2% seems excessive, no? Quote Link to comment Share on other sites More sharing options...
Mr. WEO Posted January 10, 2022 Share Posted January 10, 2022 53 minutes ago, Bill from NYC said: If so, that sucks. On straight up bets, old time bookies had a 5% take, assuming that bettors will win 50% of their bets. 7 1/2% seems excessive, no? seemed like the online industry standard. Quote Link to comment Share on other sites More sharing options...
BRH Posted January 10, 2022 Share Posted January 10, 2022 11 hours ago, SageAgainstTheMachine said: I’m also betting confidently on the Jets +16.5 line and the Over on our game at 40.5. Both are likely and it's also a nice hedge because it would be relatively hard for the combined score to be less than 41 with the Jets losing by 17. whoops… Quote Link to comment Share on other sites More sharing options...
SageAgainstTheMachine Posted January 10, 2022 Share Posted January 10, 2022 2 minutes ago, BRH said: whoops… Yep. Win some, lose some. I didn't think the Jets would look THAT pathetic after almost taking it to the Bucs last week. 1 Quote Link to comment Share on other sites More sharing options...
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