Sunday, March 20, 2005

Round 2 Updates

This should be a short post.
So Illinois won and that's where I placed my big bet. I also went a little risky and placed a $30 four team parlay: Wisconsin, Duke, Oklahoma St, and Michigan State. All four won so I got back around $65.
I have no current bets and my stack is up to almost $124.
There have been a good number of upsets, and I'm not too sure about the next games. Right now, I'm leaning towards just cashing out with some winnings (or maybe put in one $10 bet).

4 comments:

Dawn said...

Nice to hear of a better with self-control, you break the stereotype.

Neville said...

If you don't mind answering:

-How much $$ did you start off with it
-To date, how much percentage gain are you at
-How much time do you spend doing your research

P.S. My post today mentioned you

savingadvice said...

Dawn,
I definitely want to always have self-control. I always compare the benefits and the risks involved with each bet- and I always start off with an amount that will not cause too much damage if lost.

Neville,
I started with around $97 (I had some left over from a previous betting experience) and I'm current over $123.
So percentage-wise, it's +26.8%
As for research: I love basketball so I catch as many big games as possible, although this makes it hard to analyze a team like Vermont since they usually don't play nationally. The research I do involves looking over the past scores for both teams, taking note of individual players (ie does the best player get into foul trouble)
also I check how the line-up compares, if one team has several big men (power forwards/centers) who are the main players, but the other team lacks in the big men area- this is a big advantage. Then I normally check the starting point guard, he's the one who controls the team.

Wannabe,
i think everyone's bracket is messed up this year! (so far 3/4 of my final four are still there- the other one was Wake)

Neville said...

Thanks Jason,

If I start betting, I won't be doing more than 5 minutes of research. I hate watching sports on TV for hours on end...although my new roommate just brought in his giant 60" TV, and I must admit..sports look a WHOLE lot better on it!