Wednesday, December 31, 2008

New Year, New Start - 1/1/2009

at USC (-9.5) vs Penn State
$50.00 to win $52.50

Bankroll Start: $0.00
Day Net: +$52.50
New Bankroll: +$52.50
Day Record: 1-0-0
New Record: 1-0-0

2008 Balance: -$191.00

Notes: I need to make some money. Bad. I'm starting to hate work with a passion. Hopefully, I can learn from what happened in 2008 on Paper Chaser and apply it to 2009. I gotta make the adjustments and learn from the mistakes, especially after donating $191.00. That's not much but in the end, it's still money. Hopefully, it was a good investment used to extract these points:

1.
My record was under .500 but this was with betting games I don't even know anything about, including run lines for baseball (which are always rough on the odds).
New plan: Only bet teams you have knowledge on. It is okay to not bet everyday hah.
2.
I was betting too small when I was rolling good.
New plan: Bet big during hot streaks, lower stakes when running cold.
3.
I started making a lot of picks per day when the bankroll started rising.
New plan: Discipline and bankroll management improvement.
4.
I lost $191.00.
New plan: Losing is not an option. Make some money. Real Money.