EF Private Play Parlay Now Available!!

Big Week Ahead Opt In Now!!!



Saturday, December 5, 2009

How to Lose Your Bankroll in Seven Days

The following is some sports betting advice on do's and don'ts:

Parlaying is a lot like communism. It’s a great concept that works in a perfect world. There’s only one problem: the world ain’t perfect. Sports bettors who swim in the parlay tank are flawed creatures. Their demise is inevitable because they swing for the fences instead of working small edges and carefully managing their bankrolls. Sometimes you have to learn the hard way. Just ask my bank account.

The fun is definitely over.

Rewind to week three of the NFL season. After a profitable college football Saturday, I made the ingenious decision to let it ride on a juicy three-team NFL parlay. With two already in the bag, I needed the Steelers to cover a measly three points versus the Bengals (I will henceforward refer to them as the Bungles). Ben Roethlisberger was dissecting the Bungles secondary at will; capping off a seven minute drive with a one-yard superman touchdown dive. Pittsburgh cruised into the fourth quarter holding an eleven point advantage. All was well in parlayland.

Then it happened. Roethilsberger threw a pick-six. Cedric “I’m on a boat” Benson rumbled 23 yards to cut the lead to five. After another Pitt three and out, Carson Palmer woke up from his Steeler induced coma and marched the Bungles down to the Pittsburgh twenty-yard line. After a fourth and two completion to Laveranues Coles to the fifteen I got a sinking feeling of defeat in my stomach. I knew it was over.

There’s a funny thing about parlays. No matter how bleak the outlook, they always throw you a bone on your last leg. Palmer spiked the ball on first down instead of calling a timeout. A rabid James Harrison forced Palmer to throw two quick incompletions to Ocho Cinco and Chris Henry. Fourth and ten with thirty-six ticks remaining. The Bungles called their last timeout and I was pacing hopelessly around my living room. The momentum for Cinci was a runaway freight train and I was powerless to stop it. My heart sank after third-string back Brian Leonard caught a short pass and rumbled through three Pittsburgh defenders for a first down. The next play Palmer fired a game winning four-yard touchdown strike to Andre Caldwell. The Bungles were back.

Yep, I was Bungalised

What followed violated every handicapping rule in the book. I took the only game left on the board, the Sunday night Colts-Cardinals game and parlayed it big. Whiff. Monday night I parlayed the Cowboys-Panthers game for half my bankroll. Whiff. I took the rest and placed three monster parlays for week four. At this point there was no research, no leans, there was only action. It was pure tilt, chasing losses with no regard for my remaining bankroll.

The King of Tilt. I feel you, Mikey. I really do.

After another 0-3 plate appearance I was done. Seven days of tilt erased six months of responsible systemized wagering. Just like that it was over.

“Power corrupts. Absolute power corrupts, absolutely.” Lord Acton didn’t have English Premier League parlays in mind when he coined his quote, but his words cannot ring truer. Parlays corrupt, absolute parlays corrupt, absolutely. They corrupted my discipline, my objective mind, and ultimately my bankroll.

Before you dive headfirst into the parlay tank with the oddsmaker and bookie sharks remember you have a much larger edge betting straight over the long run. I’ve heard the argument parlays eliminate the ten percent juice the house takes on straight wagers. But if you can’t beat the juice straight up you’ll never turn a profit parlaying. If you don’t believe me, they are always hiring at Wendy’s. I’m hoping to get promoted to shift manager by the end of the month.


Coll Hoops Lock

Private Play


Buy Now

Coops Parlay

Holiday Special


Buy Now



WagerWeb offers Coopers Pick clients an extra 1/2 point for most betting events.
SBG Global
SBG's online wagering sportsbook sets industry standards for sports betting.
Sports Betting
Sports Betting offers online sports betting from a single account.
OddsMaker is a sportsbook offering 100% bonuses for Sports Betting Picks

Whether you bet for fun or to make money at the sportsbook coopers pick can help you.


NBA Basketball
Professional Football
College Football
College Basketball
Major League Baseball
Professional Hockey
Mixed Martial Arts


Coopers Sports Pick for NFL Picks, news, discussion, and other football information from the experts in the sports service industry.

Powered by Blogger.

NFL lines provided by IN S PIN