Archives
PayneInsider feels it's only fair to introduce you to what makes us successful. In this very Archives section of the site, we will reveal how our information comes together to form a winning product. We want to show you how it is done, and give you an understanding about how sports’ betting really works. The reality is; most gamblers end up losing money. In fact, more than 99% of sports gamblers out there lose money every year. This site will not contribute to that high rate of failure.
Part of the reason why is a Bank Roll Management system PayneInsider uses, which MUST be exercised in combination with prepared selections. The Bank Roll Management system is a familiar one that most handicappers use. They calculate their bets and winnings by a familiar term called Dimes. You can call them whatever you would like or what makes you happy. Call them apples or oranges if that’s the name you like. On this site we call them Dimes so get used to that term immediately. Now, selecting winners is the next very important step, but also knowing how to use your money to the best of your ability is something people tend to under-emphasize. You must realize that sports’ betting is mostly a game of streaks, but for PayneInsider, it's more good than bad. The point is - we will lose sometimes. So you must manage your money the best way possible so that when you do lose, it's minimal, and when you win, it's more than you lose. It's a very simple concept of minimizing losses while maximizing profits.
PayneInsider has managed to do that successfully for over 8 years and since 2007 on the internet. We have provided you with our personal records from the start of this website and forward to help you believe in the product PayneInsider is selling, and they are always updated daily. In addition to our advice about the selection of games and bankroll management, we also feel there are some great rules to follow. PayneInsider has compiled these important tips in the Rules section below. Read them and embed them into your brain. While jumping into the pool is obviously the best way to get wet, everyone likes to dabble their feet in the water first. So check out our records below, they speak for themselves. Scroll down for the Bank Roll Management section as well as the rules and tips. Included in the Records portion below is our season breakdowns in every sport. We have been keeping official records on this site since it has opened for business in 2007.
YEARLY RECORDS BY SPORT:
2010-2011 NFL (4-2-0) 67% +85.5 DIMES as of 9/2/2010
2010-2011 NCAA Football (1-0-1) 100% +40 DIMES as of 9/2/2010
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2009-2010 NFL (55-40-1) 58% +355.5 DIMES
2009-2010 NCAA Football (51-38) 57% +447.5 DIMES
2009-2010 NBA (37-21-4) 64% +475.5 DIMES
2009-2010 NCAA Basketball (56-51-3) 52% +129 DIMES
2010 MLB (39-19-2) 67% +384.5 DIMES as of 9/2/2010
2010 Other Sports: (17-3-1) 85% +323 DIMES as of 9/2/2010
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2008-2009 NFL (52-32-2) 62% +1,505.5 DIMES
2008-2009 NCAA Football (59-52-2) 53% +151.5 DIMES
2008-2009 NBA (58-35-4) 62% +336.5 DIMES
2008-2009 NCAA Basketball (107-94-2) 53% -410 DIMES
2009 MLB (94-70-7) 57% +305.5 DIMES
2009 Other Sports: (4-0) 100% +115 DIMES
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2007-2008 NFL (68-50-6) 58% +270 DIMES
2007-2008 NCAA Football (80-54-5) 60% +198 DIMES
2007-2008 NBA (136-92-4) 60% +365 DIMES
2007-2008 NCAA Basketball (160-121-6) 57% +463.5 DIMES
2008 MLB (217-176-9) 55% +71 DIMES
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BANK ROLL MANAGEMENT:
Variations of this system have been around for a while, but if you're new to bankroll systems, allow me to introduce you. Many top sports advisor/experts use them, or something equivalent to them. Some handicappers call them units, dimes, or stars there are many different terms. The system is very helpful and works better than any other system if used correctly over a period of time. It is very convenient to use in that it pertains to EVERYBODY -- from the player that wagers $100 a day to the guy that bets $10,000 a day. Anybody can bet a game and win, but what goes through your mind before you place your bet? That is what PayneInsider wants to help you with and make simple for you. Most likely, you're thinking, "How much should I bet?" In answering that question, you should always decide how much you can afford to lose first. The ultimate goal of this site is to leave our customers asking, "How much do I want to win?" Well, the system that PayneInsider provides will help you answer all of these questions. It is a Bankroll Management system that we call DIMES, and it varies upon each and every customer depending on your wager amount. The system is very simple. Below is an example to further help you understand how it works.
BANK ROLL EXAMPLE:
Let's say your total bankroll on this particular day of betting for YOU is $100. (This is the total amount you can afford to lose that day with out having your family disown you, or your bookie coming after you). On this particular day, PayneInsider releases 5 games for you to play. Each of those 5 games will have a DIME along with them. (The game with the higher amount of DIMES indicates that we feel more comfortable with that selection). Of the 5 games we provide that day, PayneInsider has one 50 DIME play (most confident), two 20 DIME plays, and two more 5 DIME plays. Without being a graduate from the Wharton School of Business, we can see those 5 picks add up to 100 DIMES of TOTAL daily action on the card.
Now, take the $100 bankroll that you are allowing yourself to wager for the day and divide it by 100 DIMES. This is the total amount of action we have in play that day. The math will show you each DIMES is worth $1 to YOU that day.
AMOUNT YOU ARE WILLING TO WAGER (DIVIDED BY) 100 - Example: $100 (divided by) 100= $1
So, in this situation a 50 DIME play is worth 50 x $1, which equals $50 dollars from your original $100 bankroll. The two 20 DIME plays are each worth $20 (remember, $1 x 20 DIME = $20). The 5 DIME plays are each worth $5 (remember $1 x 5 DIME =$5). So, do the math: 50 + 20 + 20 + 5 + 5 adds up to your $100 dollar spendable bankroll for the day. The beauty of this Bankroll Management System, as previously mentioned, is that you can easily calculate your bets if your bankroll is $100 a day (like it was in the example above) or $10,000. The same formula applies. Once you become more comfortable and know what your means are you can say: "Hey I'm a $5 a DIME Player" then it's easy to just multiply that by the DIME Rating PayneInsider gives each selection.
Once again, money management is the key to winning. Knowing how much and what percentage of your bankroll to allocate to each game is pertinent for success in this business. First and foremost, something PayneInsider preaches to our clients and everyone for that matter is…NEVER BET MORE THAN YOU CAN AFFORD TO LOSE! This is the single biggest problem gamblers make, and that's why we stress this point so much and will continue to hammer it home to our clients. PayneInsider feels a moral obligation and need to educate. This is no different than what a financial advisor would do for you when purchasing stocks or mutual funds. He doesn't just give you the stock or fund he is confident in and says, "Put your house on it." He will let you know how much you should risk based upon the funds and assets you have available to spend without going over your means. This is the same goal PayneInsider tries to accomplish for you in sports betting.
RULES TO FOLLOW:
*NEVER BET MORE THAN YOU CAN AFFORD TO LOSE! This is the most important rule in this business today!! We refer to it as "THE GOLDEN RULE" of sports betting.
*ALWAYS FOLLOW THE BANK ROLL SYSTEM! This rule might be just as important as the golden rule. There is no need to get greedy in this business. Greed will always catch up with you. This isn't blackjack or roulette where if we go 4-1 Saturday in College Football, we should press our winnings Sunday in the NFL. Discipline is critical in sports betting because wins and losses always occur in streaks. The biggest problem is that most bettors get too aggressive during hot streaks and get cold feet during cold streaks. Streaks do not last forever, so stay consistent with your bankroll and NEVER, EVER chase your losses.
*THERE IS NO SUCH THING AS A LOCK! This is also a very important rule to keep buried in the back of your head. This also applies to the pressing idea. If you went 4-1 Saturday in College Football, you shouldn't use that success to justify an ill-advised decision to put $1,000 on the New England Patriots tomorrow because they are playing the Miami Dolphins "it's a lock". It only takes one LOCK LOSS for most people to understand this concept. We find it laughable that people-scamdicappers call games "LOCKS". If this was a business where there were no risk involved wouldn't everyone be doing it? We all know that is not the case and PayneInsider finds professional handicappers continually using this ill-advised term.
*STAY EMOTIONLESS WHEN BETTING! This is a very important rule for most to grasp when starting. Just like most people, everyone is fan of certain teams and they let that come into play when wagering. YOU CAN NOT ALLOW THIS TO HAPPEN! It blurs your decision-making and in the end, your bias towards a certain team will only lose you money. You have to look at each game with a clear mind and weigh your decision using logic - not based upon your love for a particular team, but upon the bottom-line facts. As a result, you should be able to wager on teams you root for (and against), but you must keep a clear mind towards all teams even those you love and hate.
*YOU MUST BE CONFIDENT! This is something that people have the hardest time with. You have to realize there will be losing days and weeks. The goal is to have winning MONTHS and YEARS. If you can't handle this simple fact, then sports gambling isn't something you should get into. You have to know you will encounter streaks that are good and some that are bad. There will be times when you lose 4 days in a row and things might feel like they couldn't get any worse. You must remain confident at these times. We see this happen way too often. You lose a few days in a row and you get down and don't think about how you got to this point, or the track record that you have established over the years. So when you hit a cold streak - and inevitably, you will - you must sit back and relax, refocus on the task at hand, and jump back in head first! Realize how you go to this point, and most importantly embed it into your head that you are never as bad as your 0-3 days and your never as good as your 4-0 days.
