What should Scav do?

[Scav]

Originally Posted by SentToStud

Careful about the becoming smarter stuff.

There is zero correlation between intelligence and personal wealth.

http://abcnews.go.com/Technology/story?id=3178567

I always had the smartness, just didn't have the freedom. I agree that money makes you do stupid things, I have been pissing it away on some comedy stuff (A $10 cowboy hat is one of those things) but from a wagering perspective, I actually PULLED back for once, never did that at all. I was up like $700 and said "This is enough for today" and the computer closed. a great feeling actually

[ArlJim78]

This game has a way of bringing you back down to earth and making you feel pretty dumb. Be careful about making long term decisions when you're at the top of a wave.

[SentToStud]

Originally Posted by ArlJim78

This game has a way of bringing you back down to earth and making you feel pretty dumb. Be careful about making long term decisions when you're at the top of a wave.

Along those lines, I have not made many meaningful long term decisions lately. The fact I am now losing at a slower rate than a month or two ago is, however, encouraging.

[Dunbar]

Originally Posted by Scav

I always had the smartness, just didn't have the freedom. I agree that money makes you do stupid things, I have been pissing it away on some comedy stuff (A $10 cowboy hat is one of those things) but from a wagering perspective, I actually PULLED back for once, never did that at all. I was up like $700 and said "This is enough for today" and the computer closed. a great feeling actually

Maybe a "great feeling", but the wrong move. There will be days when you lose $675 or lose $800. At the end of the year, if you have an edge then the more time you have put into capping and betting, the more money you will make. If you quit for the day every time you reach some arbitrary threshold, you are 'leaving money on the table'.

Instead of thinking in terms of how much you are up for the day, you should get in the habit of thinking in terms of where you are overall. Don't reset each day at zero. Don't waste mental energy worrying about whether you will finish ahead for that day.

--Dunbar

[SentToStud]

Originally Posted by Scav

I always had the smartness, just didn't have the freedom. I agree that money makes you do stupid things, I have been pissing it away on some comedy stuff (A $10 cowboy hat is one of those things) but from a wagering perspective, I actually PULLED back for once, never did that at all. I was up like $700 and said "This is enough for today" and the computer closed. a great feeling actually

You won't go bust buying $10 hats. And having a few $$ probably doesn't bring you freedom though it certainly does bring the illusion of it and many other things. It's good that you backed off and slowed, at least a bit.

I played full-time for 12 months after I got d-sized and packaged out. I turned $30 into $49. That includes about $17 of rebates. It was really very, very difficult but I'm glad I did it. My only advice to someone trying it would be to 1. Use a rebate shop. 2. Stick to p-3 and p-4 pools at NYRA, CD or SoCal only (The Maryland track 3 and 4 takeouts are low, but they are miniscule pools (like $5k for a Pimlico p-3 pool -- lower than Mountaineer)). Play p-6's on double+ carryovers only. I have thought about this a fair amount and while other people certainly can succeed other ways, I'm convinced this is the only way it can be done.