It is that time of year again. NFL season. Donkies will wager and bookies will rejoice. We here at SMcS fit into the donk category (as do you). We’d like to offer a loose and unofficial set of guidelines for you other schleps to go by. This is by no means a bible, a set of rules, or anything we consider anything beyond some practical advice and a “how not to” guide. Take it all with a grain of salt and don’t come crying to us when you lose your Christmas money on a brutal backdoor cover or that hanging hook.
We have provided a link to a gambling terminology/glossary page. Use it. Know it. There will be a quiz
GoodCasinos.com Gambling Sports Gambling Terms/Lingo
1. Starting While You Are Behind.
As a general rule, you are not making a wise decision anytime you wager. The odds are stacked against you from the get go. If you bet with the spread, you are already 10% behind the odds based on the vigorish or juice your bookie charges. The house’s goal is to get even money on each side in order to insure a guaranteed 10% gain no matter how the final score winds up. So, what does this mean? It means we are all donkeys for betting. Live with it, we do.
2. Locks and luck.
There is absolutely no such thing as a “lock” or a guaranteed win. Erase the word from your lexicon and ban anyone as friend who uses it, EVER. Anyone who claims to have or know of a lock is a complete d-bag, a con man, or a bigger mark than you. Tips and inside information are one thing, but know that unless you have a true inside track (like a black mailing arrangement with an NFL team trainer who you caught cross dressing) tips are pure horseshit and Vegas has already adjusted the line to account for the information.
3. Don’t be a homer.
Most local bookies are smart enough to jack the line around for the home team’s game knowing that most locals will bet with the home squad. This especially rings true in cities with winning teams or a strong fan base. Be aware of this and shop the lines. Don’t be afraid to lay off or bet or take the other side when you find value in the away team’s spot. No one is forcing you to bet the game either.
4. They know what you like.
Vegas knows the mentality of a bettor and the overall flaws in the human thought process. With that being said, the line is adjusted to the favorite and the over. Don’t be afraid to bet the underdog or the under.
5. Try to control your stupid urges.
We know how it is. You look at the lines all week and pick a game or maybe two that you know you want to bet. Then you get on the phone or online and end up making those two plays and 10 more. Stop it. Slow down, donkey. There is no rule that states you need to have cash on every game. Keep in mind (see point #1) that you are severely decreasing your odds of winning the more you add plays (especially ones you haven’t put any thought into). Most successful bettors (read: the very small percentage of people actually ahead in life) know that you pick a game or two a week that you like and play them. They also know that it is not a crime to lay off the entire week should you not see a game that you like.
6. Look to the sky (or the internet).
One of the biggest mistakes that we amateurs make is to not check the weather in a game we are betting. Weather has an assload to do with how a game is played, how effective each teams game plan goes, and generally how things go on the field. If you are wagering on a game and you have no clue what is happening locally weather-wise you are a fool. And know which teams play in a dome so you can ignore the local weather report.
7. Who has a hammy.
Aside from weather, one of the most overlooked aspects of game is injury/starting status and suspensions. Like weather, who a team puts on the field is a huge part of the game. Although Vegas usually adjust the line for these situations, you still need to know what the hell is happening to make informed betting decisions. Hey, we’ve all been there; laying too much than we care to on a game, piling into the living room with hot microwave popcorn and a grape juice to ready to make some cashola only to realize that Tom Brady is out with a sprained left fallopian tube. It is 2009, with the proclivity of the internet and the plethora sports sites reporting on every minuscule detail of the NFL–there is NO REASON to not know who is scratched from a game that you are laying half your disability check on.
8. Put the phone down, donkey.
Don’t spend your hard earned money on some asshat loudmouth pickline windbag. We know, his sales pitch is slick and convincing. We know, you might be down and out and on a 10 game losing streak. We know, your best friends brothers dentists cousin Phil has been using this guy and he is 215-0 on his picks and everyone Phil knows is shopping for yachts with their winnings. Lies. All Lies. The pick guy is a scam artist and Phil, his cousin the dentist, your best friend’s brother, and your pal are all either trumping up the truth or terribly gullible. Picklines make their living hucking unqualified picks and preying upon the weakened gambler who thinks there is any easy way to payday. Put. The. Phone. Down. Donkey.
9. Watch some reruns.
There is no law, axiom, suggestion, tip or requirement to have money on every game that happens to be shown on TV. This one of the biggest downfalls for gambling donkey; having to have a little money on a game because it is on the tube. We know how it is, they could play the Super Bowl in our backyard and if we didn’t have any action on it we’d shut the curtains and play Uno. But, seriously, control yourself. Take only the games you like. Only the games you have handicapped. Only the games you are comfortable with. Screw the TV. And don’t go to Damon’s, they make it too easy to switch to each and every game.
10. Keep ‘em separate, treat ‘em right.
Fundamentally and categorically we are against playing teasers and parlays. They are a tax for the mathematically challenged. The odds don’t stack up to make them a smart play.
A parlay payout, although it seems juicy, is actually worse odds than a straight bet. In a two team parlay, you have 4 outcomes (disregarding a push/tie )
1. A and B win 3. A loses B wins
2. A wins b loses 4. Both A and B lose
Only one outcome nets you money and you only get paid 2.5 times on a win….bad odds any way you slice it.
Teasers are even worse. You have to pick two (or more games) get them all correct and you have take a professional line with robust capping and factors built in and decide on your own amateurish self how to adjust it. Then you pay double or triple the juice should you lose. It just isn’t worth the risk.