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HB Localboy

I am the COMMON SENSE poster!

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Everything I post is TRUTH TIMES INFINITY!

 

Ask me anything and I will tell you the common sense truth!

 

Common Sense is truth!

Truth iz Truth! 

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Just now, The Real timschochet said:

Took a lot of common sense to bet $50,000 on Kansas City last week. 

Actually, it did take common sense!

 

Mahomes has a winning record in the SB

Mahomes was 3-0 in SB

 

You don't bet against trends, you bet with trends.

 

It was a good bet that didn't pay out.

 

Every investment is a bet...the stock market is a bet.

If you have money in the stock market, you are gambling with your money.

 

I lost 10% of my retirement $$$ on the bet

You win some

You lose some

That's life!

Life is a gamble. 

Some win!

Some lose!

Some stay the same. 

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14 minutes ago, HB Localboy said:

Every investment is a bet...the stock market is a bet.

If you have money in the stock market, you are gambling with your money.

No you're not.  There is risk, same with walking out the door or driving in a car.  But its a long ways from betting.  If you follow sound investment practices it almost a certainty. Betting is usually a coin flip minus vig.  HTH 

And you're poor, you can't afford to lose 10% of your retirement.  :lol:

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4 minutes ago, Horseman said:

No you're not.  There is risk, same with walking out the door or driving in a car.  But its a long ways from betting.  If you follow sound investment practices it almost a certainty. Betting is usually a coin flip minus vig.  HTH 

The market goes up and down, but in the long run it's UP UP UP!

 

Individual stocks are the bet...some win and some lose.

 

So while it's true that the stock market goes up....not all stocks go up.  

 

That's why I bet only 10% of my retirement on the SB.  Most of my stocks are safe and conservative, but I allow for 10% for BIG RISK BIG REWARD! 

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3 minutes ago, HB Localboy said:

The market goes up and down, but in the long run it's UP UP UP!

 

Individual stocks are the bet...some win and some lose.

 

So while it's true that the stock market goes up....not all stocks go up.  

 

That's why I bet only 10% of my retirement on the SB.  Most of my stocks are safe and conservative, but I allow for 10% for BIG RISK BIG REWARD! 

Index funds for the win.  

And a 50-50 bet isn't a big reward for the risk. It's not even +EV.   

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2 minutes ago, Horseman said:

Index funds for the win.  

And a 50-50 bet isn't a big reward for the risk. It's not even +EV.   

Mahommes was 100% in the SB

100% Prior History vs 46% ROI

 

I still think it was a good risk verus reward bet. 

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4 minutes ago, HB Localboy said:

Mahommes was 100% in the SB

100% Prior History vs 46% ROI

 

I still think it was a good risk verus reward bet. 

You need to check your math. 

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13 minutes ago, HB Localboy said:

Mahommes was 100% in the SB

100% Prior History vs 46% ROI

 

I still think it was a good risk verus reward bet. 

It would have been a 91% ROI dummy. 

And Mahommes was 75% in the SB, now hes 60%.  All QBs, and any team to win their third championship in a row were and still are 0%. 0% prior history vs 91% ROI.   

You can't claim to have had an edge on vegas after you lose.  If you would have predicted an Eagles blowout when vegas had it as a pick'em then we'd talk about how smart you were. Instead it's the opposite.   

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5 minutes ago, thegeneral said:

You need to check your math. 

I didn't word it the way I wanted to word it....

 

I meant to say 86% chance to win 100% 

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8 minutes ago, HB Localboy said:

I didn't word it the way I wanted to word it....

 

I meant to say 86% chance to win 100% 

KC was like a one point favorite.

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2 minutes ago, thegeneral said:

KC was like a one point favorite.

True, but Vegas charges a 10% juice.  So even if it is a pick em, you still have to bet $110 to win $100.  

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2 minutes ago, HB Localboy said:

True, but Vegas charges a 10% juice.  So even if it is a pick em, you still have to bet $110 to win $100.  

Not sure what that has to do with your thinking that KC had an 86% chance of winning.

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Just now, thegeneral said:

Not sure what that has to do with your thinking that KC had an 86% chance of winning.

You must be a libtard!

I'm not saying that KC had an 86% of winning the game.  I'm just saying it was worth the risk to try to double my investment! 

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Just now, HB Localboy said:

You must be a libtard!

I'm not saying that KC had an 86% of winning the game.  I'm just saying it was worth the risk to try to double my investment! 

You wouldn’t have doubled your investment. Maybe next time put 50K on Red.

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Just now, thegeneral said:

You wouldn’t have doubled your investment. Maybe next time put 50K on Red.

There are two green spots 0 and 00 so that isn't even 50/50.

 

You really must be a low IQ libtard that is bad at math.  

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Just now, HB Localboy said:

There are two green spots 0 and 00 so that isn't even 50/50.

 

You really must be a low IQ libtard that is bad at math.  

I didn’t place “50 k” for a chance to almost double my money on a coin flip football game 😂

But we all know this is made up.

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Does a constitutional crisis happen when the executive and legislative branch looks for cost savings and staffing reductions or when the lowest rungs of the judicial branch hold nationwide injunctions telling the executive and legislative branches to stop looking for cost savings, demand they pay for everything, and won't let them fire anyone?

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1 minute ago, thegeneral said:

I didn’t place “50 k” for a chance to almost double my money on a coin flip football game 😂

But we all know this is made up.

At first I believed him; then I thought it over and agreed with you that it was made up. But now I’m not sure again; why would he admit such stupidity? 

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Just now, The Real timschochet said:

At first I believed him; then I thought it over and agreed with you that it was made up. But now I’m not sure again; why would he admit such stupidity? 

There’s no chance this bet was placed.

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1 minute ago, Voltaire said:

Does a constitutional crisis happen when the executive and legislative branch looks for cost savings and staffing shakeups or when the lowest rungs of the judicial branch hold nationwide injunctions telling the executive and legislative branches to stop looking for cost savings, demand they pay for everything, and won't let them fire anyone?

It happens when you don’t follow the rules Cost cutting is fine but some of this has to go through Congress. If a judge rules against you and you disobey the judge that’s when the crisis starts. 
 

Up to this point Trump hasn’t disobeyed the judges. He’s talked about it but he hasn’t done it. If and when he does it then we will have a crisis. 

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1 hour ago, HB Localboy said:

Mahomes was 3-0 in SB

 

51 minutes ago, HB Localboy said:

Mahommes was 100% in the SB

100% Prior History vs 46% ROI

 

40 minutes ago, HB Localboy said:

I meant to say 86% chance to win 100% 

 

17 minutes ago, HB Localboy said:

You really must be a low IQ libtard that is bad at math.  

Who is bad at math?

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1 hour ago, Horseman said:

No you're not.  There is risk, same with walking out the door or driving in a car.  But its a long ways from betting.  If you follow sound investment practices it almost a certainty. Betting is usually a coin flip minus vig.  HTH 

And you're poor, you can't afford to lose 10% of your retirement.  :lol:

Betting is fun though. I made $4k last year, and  about $2800 the year before. Not a lot of money, but fun.  Even if I lost I would have had fun. I haven't been to a casino over the past 5-6 years. Maybe it's time for a visit. 

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This is like if Giants Fan and the Sanctuary had a special needs love child.  

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8 hours ago, HB Localboy said:

Everything I post is TRUTH TIMES INFINITY!

 

Ask me anything and I will tell you the common sense truth!

 

Common Sense is truth!

Truth iz Truth! 

Is Jesus Christ your Lord and Savior? 

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13 hours ago, HB Localboy said:

 

Every investment is a bet...the stock market is a bet.

 

The stock market has a long history of going up and making money for investors.  Casinos and bookies have a long history of taking money from investors.  Equating them is the opposite of common sense.   But that is why you are $50,000 poorer.   If you had put that in the stock market, it probably would have grown to $150k by the time you retire.   

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