This was a disastrous week betting the NFL, as my plays went 1-5. Which is includes my bet on Rams to open the season. However, as bad as the week was, I learned a lot and should benefit greatly moving forward.
If the line you created is the same as the handicappers, don’t bet the game!
I need to constantly remind myself of this tip. On Thursday night I handicapped the game, myself, as the Bills as a -2.5 favorite and still bet the Rams. I also had the Ravens/Jets and Chargers/Raiders about right and still bet the games for silly reasons.
Only Bet Games Where the Head Coach and Quarterback are the Same From Last Year.
I stuck to this tip pretty well and still lost my ass, but I’m a firm believer in this philosophy, even for week 2. If the coach and QB are the same, chances are their play and stats will be very similar, making it a safer bet when compared to teams with new QBs and new coaches.
Don’t Chase – No Matter How Bad Things Get
I did it. I admit it. I chased by live betting the Colts to comeback and defeat the Texans, I did a live wager on Raiders to beat the Chargers, and I doubled my bet on the Cowboys to beat the Bucs. All three bets I chased, lost. Which I hope will solidify this lesson, as my bank roll damage would have been less significant.
Final Damage Report
I deposited $325 when college football started. I bet $25 dollars a game.
My bank roll currently sits $230.87. I lost $127.27 yesterday.
Cowboys (+2.5) Lost $50 (doubled my bet – big no no moving forward). I’m not going to be too hard on myself for this one, as Dak got hurt.
Packers (+9.5) Lost $25 (live bet – was chasing after a bad day)
Las Vegas Raiders (+3.5) – Lost $25. However, I lost this game by just a failed 2 pt conversion. But it was still a live bet, a big no no in my list of rules, if you want to make money (However, I might implement a rule and give myself, one live bet a week).
New York Giants (+5.5) – Win! Only winner of the day, how sad.
Colts – Live bet on them to win the game and since it was a tie, I luckily got my money back.
Jets (+6) – Lost $25. Another loser. I broke another one of my rules on this game, by betting on a bad team.
Cardinals (+6.5) – Lost $25. The dysfunction is REAL in Arizona.
I if I would have stuck to my rules. And did not make live wagers or bet on bad teams, or doubled down on bets (chasing). I would have only lost, $52.27, instead of $127.27. Hopefully, this is lesson learned. Now, I have some catching up to do.
Total Bank Roll- $230.07
sharpsquarebets.com 