Quote from: mkr on March 07, 2016, 02:14:52 PM

Quote from: niagwai on March 05, 2016, 01:34:18 AM

So I am risking 0.00128 BTC on Illinois State money line at 1.58 odds to beat Indiana state in college basketball. The game starts tonight in about an hour.

http://espn.go.com/ncb/game?gameId=400868334

https://nitrogensports.eu/betslip/1eca34cWmtuSWZ0SGVPeWxRYW1CZTNGdjc5UT09/r/595422

The main reason I took Illinois State is because they were able to win 9 of their last 12 regular season games, and even beat Wichita State who appear to be a good team. Their recent form is better than Indiana state. They are rated better defensively than Indiana State, which I believe will be the difference in the contest. Also Indiana state is ranked two spots lower than Illinois State in the conference standings, so they have performed slightly worse this season. Indiana has won only 46% of their games so they do not have a winning record.

* Well that was a huge fail! I will have to think about what went wrong. For starters I did not spend enough time making a decision. I was not patient enough, not selective enough, and did not research enough I suppose. It was surprising how badly Illinois played, and I wonder if there was anything that would have indicated that before the game started. I guess I have learned that Illinois State college basketball is a fairly inconsistent team. Maybe going forward I will focus on teams who are extremely consistent. While I am disappointed, I'm not going to give up, and I'm going to restart the challenge from 0.001 BTC. Currently my overall profit sits at -0.001 BTC.

So you failed on your first step? Cheesy

Well you can learn from your own mistakes if nothing else.

But you're being overly analytical here, if betting was all about analytics everyone would be winning all the time.

Not that being un-analytical is good....