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VEGAS-RUNNER has moved "Steam" for almost every major betting syndicate through the years and was a well known "runner" in Las Vegas for many years before taking all that experience and knowledge and eventually began moving his own...

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GRIND YOUR WAY to PROSPERITY in the SPORTS BETTING MARKET

by vegas-runner on 05/29/2008 10:01 AM

"GRIND" is a term that I have heard used by all types of professional gamblers...from dice slicers to card counters and coin hustlers to past posters, it seems like all of them have the same common denominator...they all profit from "Grinding". Then, as poker came to the mainstream and began to explode via the internet, we came to know those "rocks" and pros refered to as "rounders", as poker players who were able to beat the games they sought out by "grinding" away at a profit. Today though, I want to discuss the way "Grinding" has been used by professional sports bettors for years to profit in this market and how it can be employed by anyone who has the self-control and desire to patiently build their bankrolls, and eventually their business with calculated precision, while eliminating risk as much as possible...which in turn may also limit reward, but with hard work can also guarantee longevity...and therefore, eventually the opportunity for success and prosperity.

Grinding when it comes to sports wagering is when the bettor is willing to remain consistant and regardless of the individual results along the way, keep his main focus and priority on the long-term or big-picture. A "grinder" in sports will not step up and wager more than double his normal wager no matter what the circumstances and even his own certainty about an event isn't going to change that because like I said before, he has a long-term plan in effect and plans on not letting anything stop him from reaching it. A grinder can take a $1,000 bankroll and bet $16.50 per game and on his "Locks", bump it up to $27.50, because he knows that win or lose, this is the best way to take all of the gamble out of it and instead turn it into a much safer investment as long as his handicapping ability is where it needs to be.

For a "grinder" they would much rather go 3-2 on Monday and 2-1 on Tuesday, than 2-0 for that same profit because 5-3 is 62% and much more attainable and maintainable than having to go a very improbable 100%. Because for a "grinder" it really isn't left up to chance and like I mentioned above, every move is calculated and every wager has been accounted for. A "grinder" has been able to use the sports market and make it his very own investment opportunity by not trying to defy probability and willing to keep realistic goals. Sure, some bettors are able to double their money in 2 days, but to do that, they also need to be willing to lose it in 2 days also and that isn't why a "grinder" bets on sports. The thing that a "grinder" understands better than most is that it actually is very simple to do and it only comes down to having the driver and dedication to succeed and realizing the kind of return that you should be looking for based on your initial investment.

I mean, the one problem that many sports bettors face is the dilema of beginning with that same $1,000 and building it to $1,200 in a month and coming to the conclusion that nothing was really accomplished. What they fail to realize is that they made a Return On Investment of 20% and if you were instead speaking about a Wall St investment that had a ROI of 20% in a YEAR, many investors would be delighted. That is the reality that the "grinder" has already considered and instead of adding more risk to their business model to try and increase profits, they have the patience to allow their bankroll to grow first and by increasing their wagers accordingly, they know that in time profits will grow. You really do need a lot of patience to be a successful sports bettor and the ability to realize that there will always be games that you like more than ever before.

Because a lot of my own guys have been commenting in my daily thread about how they are enjoying the way we continue to grind away at profit, I decided that I would write about it because it truely is the exact method that I employ and it is actually the exact method that I was introduced to when I began moving Steam and wagering for men who were actually making an excellent living and beating this market . Grinding is what the "wiseguys" use to profit from sports betting. That is why they prefer a lot of volume and are willing to take a much lower win% because of it. The strength is their volume and they are aware that the more wagers they can place in a month, then the more that they should profit. Almost like the sports book does when it estimates its hold based on handle. And they can do this because they have proven to themselves that they have the ability to pick more winners than losers...

Which brings me back to what this entire blog was about...'Grinding"....and how I can guarantee each and everyone of you that if you can truely say with 100% confidence that you can pick more winners than losers, then you will be able to make an excellent living doing something that I am sure you will love...betting on sports....because as long as you are willing to "grind" out a profit, then their is no way that they will ever be able to beat you and once you get way ahead on them...your contentment to keep on "grinding" assures you that they can now never get their money back. That is a very powerful feeling to have as a handicapper and sports bettor. Knowing that there is absolutely no way that they will ever get all the money that has been won, because you are willing to keep "grinding"....I can tell you from my own experiences that this is definately the best way to wager. It puts the least amount of pressure on you, and makes getting over loses and not being too happy over wins so much easier...and it all goes back to what I always say about being a Professional Sports Bettor..."Betting on sports has paid me like a business, because for a very long time I have treated it like one"...and there is nothing stopping any good capper from doing the very same. Best of Luck to you, Vegas-Runner....


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16 Comments:

 

posted by B5I8 on 05/29/2008 1:00 PM

Unfortunately for me, I had to learn this the hard way.  I didn't look at the big picture before like I do now, I'm just glad I did eventually learn.  Nice writeup.

 

posted by bubbaken on 05/29/2008 1:24 PM

VR, thank you as always, for the time you take to help educate us.  It is much appreciated.

 

posted by rmarquez33 on 05/29/2008 4:24 PM

Great Read!!!  Thanks!!!

 

posted by jlamberti3 on 05/30/2008 3:17 AM

I like what you say about making that $200 a month on a $1000 bankroll. Also, what you say about the pressure of winning & losing being lessened by sticking to bankroll management....

Oh, before I forget to mention, I didn't know the schools down there in Philly were that good, you write like an English major!

Keep it coming, VR

 

posted by oopie on 05/30/2008 5:52 AM

Sounds like you were describing me and how I make my plays!!!!! Wanna see high volume and low units, look for me and my buddy Formula during football season! We'll make your head swim! LOL

 

posted by vegas-runner on 05/30/2008 8:10 AM

Thanks guys and to be perfectly honest, if you would have asked me 2 yrs ago what is the best advice I can pass along to someone who is seriously considering wagering on sports as a livelyhood...I probably would have concentrated on improving their handicapping skills much more before attempting to take on money management...but since coming to Pregame I have been pleasantly surprised by the amount of quality cappers who aren't even doing this professionally...I mean I know I keep saying how today's sports bettors are so much more sophisticated than when I first got into it...but it really is the truth...I have come across so many cappers just here in the Pregame Forums that definately possess the skills it takes and the ability to reason and spot value like the sharps do...and that ability to win more bets than they lose can easily become guaranteed way for them to profit and the only thing that is standing in their way is the lack of knowing how to "Grind" and being their own worst enemy...what makes this investment different than others is the fact that it is also a form of entertainment which purchasing property can't provide so a pro really needs to have that ability to walk the fine line and still make money while having fun...best of luck to you all and thanks for the responses...that is the best way for all of us to share and learn from each other because each of us has their own strengths and weaknesses, VR

 

posted by grinding on 05/31/2008 3:53 AM

Pingback from  grinding

 

posted by lgjr1 on 05/31/2008 4:35 AM

ANOTHER GREAT WRITE-UP ACE !!!!!!!!!!!!!!!!!

 

posted by Tin-Knocker on 05/31/2008 1:02 PM

Thank you yet again VR for the great read! I, as do many other sports gamblers, sometimes end up losing loosing a portion of my bankroll due to being overzealous on "solid" pick which failed for one reason or another.  When it comes to grinding out a profit as you write about should one always RISK the same amount? Or strive for a REWARD of the same amount?  I ask this since as you know there are plenty of "lock" type game (espescially in MLB) where the money line runs a high minus for the fav.

 

posted by rmarquez33 on 06/03/2008 12:27 AM

VR,

When is the best time to actually take out some of my winnings, and how much of my bankroll should I take out?  The ending of a season....every month......middle of season???  Any suggestions would be greatly appreciated.  Thanks Bro!!!

 

posted by rmarquez33 on 06/04/2008 11:18 AM

bump

 

posted by Chuck O'Luck on 06/04/2008 11:59 AM

Great Article! Money Management is definitely the KEY to SUCCE$$! Good Luck to You!

 

posted by the gambler on 06/11/2008 12:11 PM

Pingback from  the gambler

 

posted by vegas-runner on 06/11/2008 1:17 PM

marquez...I answered your question about taking some profit out of your bank in a Blog Post...and I gave an example of how I had done it many times while I was trying to increase my bankroll also...and please understand that it may be different for us all, but I believe its a pretty good guide to how anyone can continue to build, while also taking the time to reward themselves for their hard work...best of luck, VR

 

posted by coin counters on 06/19/2008 1:18 PM

Pingback from  coin counters

 

posted by Hernandez on 06/25/2008 10:15 PM

Nice write up. Very true information.

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