Week 1 of the NFL certainly didn’t go as I expected. I lost $50 in DraftKings, $30 in FanDuel, and $175 betting on individual games. Some may look at this as a lot of money for entertainment, and it is, but these swings are to be expected if you are going to bet on sports.

In my 7 DK contests I scored 99, 114, 127, 128, 129, 151, and 155. These weren’t complete dud lineups but I just couldn’t nail down one exactly. My biggest weakness was on WR’s that weren’t named Julio Jones like, ODB, Dez, and Cooks. FanDuel was more of the same. On the betting front the Jags lost me money straight up and killed a 4 team teaser where I had the other 3. I parlayed the Eagles ML and the under and couldn’t get there either which was where the primary betting losses occurred.

Aside from the money, my ego is bruised more than any part of me. I spent a lot, I mean a lot, of time reading up and watching commentary on the NFL. I joined a few sites and thought I had an edge over most people. To see that my hard work paid no fruits is disappointing. However, getting knocked down doesn’t mean you don’t get back up. If payment was delivered immediately, everyone would be a winner. I don’t quit.

The Defeated

Curt Schilling
schillIn July 2010, the Rhode Island Board of Economic Development approved a $75 million guaranteed loan to 38 Studios. 38 Studios promised to bring 450 jobs to the state by the end of 2012. In May 2012, 38 Studios defaulted on its loan from the state of Rhode Island and failed to meet payroll obligations to its employees. 38 Studios and its subsidiary, Big Huge Games, then laid off their staffs with a mass email.

MC Hammer
20091113_mchammer_560x375“My priorities were out of order,” he told Ebony. He claimed, “My priorities should have always been God, family, community, and then business. Instead they had been business, business, and business.”
Forbes once estimated M.C. Hammer’s net worth at approximately $33 million, but Hammer’s luxurious lifestyle and large staff ultimately put him in debt (to the tune of $13 million) and he filed for bankruptcy in 1996.


Republican presidential candidate Trump gestures and declares "You're fired!" at a rally in ManchesterDonald Trump
Four of Trump’s businesses have declared Chapter 11 bankruptcy. According to a 2011 report by Forbes, these were due to over-leveraged hotel and casino businesses in Atlantic City: Trump’s Taj Mahal (1991), Trump Plaza Hotel (1992), Trump Hotels and Casino Resorts (2004), and Trump Entertainment Resorts (2009).Trump said “I’ve used the laws of this country to pare debt. … We’ll have the company. We’ll throw it into a chapter. We’ll negotiate with the banks. We’ll make a fantastic deal. You know, it’s like on ‘The Apprentice’. It’s not personal. It’s just business.” He indicated that other “great entrepreneurs” do the same

Larry King
facebook2In the early- to mid-1970s, newspaper editor and radio personality Larry King had amassed $352,000 in debt after publicly being accused of grand larceny by a former business partner. He filed for bankruptcy in 1978, which, coincidentally, was the very same year he was offered his eponymous show.