Martingale Sports Betting

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Author: [Las Vegas] Topic: Martingale Sports Betting
SinCityTwist PM SinCityTwist
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Posted: 3/18/2013 2:06:57 PM
QUOTE

Originally Posted by ad1260:

Nice man...but damn Blue Devils 

Exactly that would have made for a great weekend,  that's why it's called gambling. I can't wait for the tourny to start though this is my favorite time of the year.

SinCityTwist PM SinCityTwist
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Posted: 3/18/2013 2:09:08 PM
QUOTE Originally Posted by DNorman702:

My buds know this is as the "Norman-Gale".  

I learned of the real Martingale story couple years ago.  Then I thought that should be applied to the NFL because teams very rarely cover 3 times in a row.  This is profitable, especially when a team goes 0-2 ATS at any point, the likelihood of them going 0-5 ATS is bottom basement low, the numbers evade me.  I then applied this strategy starting after last years all star break and had enormous success.  I started choosing a home team for a 3 or 4 game series betting the first game and doubling up as the series progressed if they were to lose.  Of all the "home favorites" I chose none were swept at home. 

I then pondered what else this wonderful system could do.  Add in the O/U and TTR you find your self with an insane amount of options.  Take for example the Angels coming off a 4 game series in which they didn't score more than 4 runs in any of the games.  Law of probability states they will score more than 4 in one of the next 3 games simply because they are an offensive powerhouse and they score runs.  And if they don't, well hell, that's gamblin'. 

Before one were to undertake such a thing you must commit your self to following through.  For example, if you choose the Braves as your series and they lose the first 2 games, you will then be looking at a massive wager for the 3rd game. If you decide to use this system then you cannot bow out on those huge 3rd game wagers.  No matter what.  

I don't know much about baseball but this sounds like a great way to make money.  I was just going to bet 3 teams that I know score and take the over everyday, that was going to be my strategy but I never thought about taking a whole series.  Thanks for the info!

vegas_sports_11 PM vegas_sports_11
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Posted: 3/28/2013 10:44:35 PM
QUOTE Originally Posted by Danrules24:

BOL.

Just curious, do you bet online through William Hill? I have an account set up at Red Rock (stations) and I'm looking for another online book to shop lines.  Considering Cantor's online, but if WH had one, I'd probably do that.


I am a vegas local and have a book if you want to check it out. I will give you a line of credit to start so you know im legit.  in box me and we can talk.
BIGfnPOO PM BIGfnPOO
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Posted: 4/6/2013 1:32:55 AM
are u krizzushing them?
Danrules24 PM Danrules24
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Posted: 4/9/2013 4:09:10 PM
QUOTE

Originally Posted by vegas_sports_11:


I am a vegas local and have a book if you want to check it out. I will give you a line of credit to start so you know im legit.  in box me and we can talk.

Appreciate the offer but I'll stick with betting legally at the sportsbooks. Really no need for a local guy when I have access to the casinos.

Bling PM Bling
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Posted: 4/9/2013 8:48:08 PM
Bookies in Vegas
metoshi PM metoshi
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Posted: 9/27/2013 6:52:50 AM
good to read your thread....last month i bet on football match through NCAA football picks....if anyone want to make money with that can visit here collegefootballwinning.com/
mbialowas PM mbialowas
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Posted: 9/27/2013 11:52:46 AM
QUOTE Originally Posted by Bling:

Bookies in Vegas
I know it seems odd and maybe a little strange,  but there are actually plenty of bookies in Vegas
666LES PM 666LES
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Posted: 9/30/2013 4:20:32 PM
Bling is the fool.Try calling up your Stations account and betting the late game Sunday night on credit..As long as theres gamblers they be betting what they don't have and chasing.
BIGfnPOO PM BIGfnPOO
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Posted: 10/1/2013 4:07:57 AM
[Quote: Originally Posted by BIGfnPOO]


 are u krizzushing them? 

meluise PM meluise
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Posted: 10/1/2013 4:20:30 AM
QUOTE Originally Posted by SinCityTwist:

I don't know much about baseball but this sounds like a great way to make money.  I was just going to bet 3 teams that I know score and take the over everyday, that was going to be my strategy but I never thought about taking a whole series.  Thanks for the info!




Once i saw this game on television....and from that day i like most this game....
DrRenob PM DrRenob
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Posted: 10/2/2013 7:48:49 PM

lotsa shylocks in vegas

Daddydbol PM Daddydbol
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Posted: 10/4/2013 11:53:48 AM
Not to knock what you're doing or anything but the Martingdale system essentially is the exact opposite of good money management. 

While I do not believer you should always keep your unit size the same, I have and do make larger wagers when I have a good feel on a game, I certainly do not think anyone should should chase a loss and basically that is what this system is. 

A couple years ago I read an article describing the system and it was focused entirely on baseball series, being as a team generally doesn't get swept. So over a 3 or 4 day series you would place your initial bet on game one, if it losses double up on game 2 of the series and so on. This in my opinion is much safer than picking 3 random games thru out the day. Odds are more in your favor of a team pulling out one win in a 3 game series than you not losing 3 picks in a row, which will happen sooner or later. 

Like I said not knocking you but I have been doing this a while and I can assure you, you will hit a losing streak and the only way to keep your bank roll from taking a massive hit is to keep your wagers the same or even cut them in half when you are cold. I even take days off just to collect myself after 2 or 3 losing days. 

Good luck I wish you the best.
Shirldog PM Shirldog
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Posted: 10/4/2013 1:01:57 PM
What I don't understand is why even make the first series of bets?  Why not wait until the situation arises (3rd game of a series where they have lost the first two) and bet that event.  If you believe a team won't get swept, wait until they are about to and then bet it.

Same thing for the other situations.
Michael0981 PM Michael0981
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Posted: 1/3/2014 6:05:52 PM
QUOTE Originally Posted by Shirldog:

What I don't understand is why even make the first series of bets?  Why not wait until the situation arises (3rd game of a series where they have lost the first two) and bet that event.  If you believe a team won't get swept, wait until they are about to and then bet it.

Same thing for the other situations.
Because teams offten win 3-4 in a row why miss out a good team wins 58% of the time keep your bets low ie 15$ to win if they lose add to it for then next game so now your trying to win 20 then go for 25 on the third game the key is to bet often I'm happy to make 30$ or so a series and yes I'm talking about winnings not wagers so if it cost 20 to try to win 15 then yes next you have to add 20$ to your 15 so now your trying to win 35 ( but I would go for 40 ) so maybe depending on your odds you have to bet 45 at the end of the series you win your 15-20 do this all summer and your up a few Thousand ya I know it's not a ton but i am not a full time sports better I just do it for fun and yes I'm new but so far it's work it bet on soccer and hockey until MLB starts football is not a good bet as calling spreads is tuff and they have the league set up so you can't bet enough the key to baseball is that there are over 4400 games a year so lots of chances to make your money 
nc1capper PM nc1capper
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Posted: 1/6/2014 2:49:31 PM
Age old adage -
Just pick winners
tenplay PM tenplay
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Posted: 1/24/2014 8:57:22 PM
Lots of online articles on the Martingale.  It is the oldest "strategy" for any form of gambling and is 100% certain to lose in the long run.  Lots of people try it because it makes gambling more dramatic than simply betting the same amount on each bet.  Unfortunately the odds never change in your favor.  That's why LV and books continues to make billions from enthusiastic gamblers who push it until they are broke and have to stop playing for the sake of themselves and their loved ones.  Good luck.  Lose only what you can really afford to.  
Meh PM Meh
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Posted: 2/1/2014 1:18:16 PM
Also known as chasing...
Handsdown PM Handsdown
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Posted: 2/28/2014 8:15:21 PM
QUOTE Originally Posted by tenplay:

Lots of online articles on the Martingale.  It is the oldest "strategy" for any form of gambling and is 100% certain to lose in the long run. 


Actually, that isn't true.  The only reason people always lose with the Martingale is because they run out of money to put in another, larger bet.

For example, if your 1st bet was to win $100, and your bankroll was $100,000, the Martingale would almost certainly work.  You just need a large enough of a bankroll to keep putting in the larger bet.  No one loses every single bet. 

The problem is most people don't have this sort of bankroll to play with so it's a waste of time to try it.
mafioso PM mafioso
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Posted: 3/1/2014 6:29:21 AM
110
230
480
1020
2280
4710
say 9900
say 20,000
44,000

Thats your 89 K to win a lousy 100 bucks and thats only 9 or 10 bets, surely anyone who has done this for a period of time knows losing 9,10,11, or 12 games in a row can happen and does, its called a bad run or cold streak.

I killed it in baseball last season doing live betting, made a little over 33K betting good teams that were down a couple of runs, during that great year, I lost 15 games in a row one stretch but never went over a 300 dollar bet, all bets were 300
the dodgers were Gods gift to me, they would be down 2 runs
Instead of betting 520 to win 300 at the start of the game, I woud bet them in the 3rd or 4th inning down a couple of runs 300 to win 675 
300 to win 600 and would nail it almost every time, I do not expect this same scenerio to play out this year, but Martingale = Death

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