Lippsman great advice ...like collectNOW mentions "mission statement" is hard to do. It should be mandatory reading for a covers newbie .
I'm talking to 5 posters now, 3 here and two others on other boards about making thier own -1 lines because thier book doesn't offer them.
I believe I need to go over these again, because I just see too much money flying at these huge ML's.
Here is a conversation I'm having with a bettor that just joined the daily pucks thread here right now.
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I hope you keep it going also. But if I may give some advice. Stay away from laying those huge ML's. They will just kill ya. You notice how I played the Caps and Nucks but played -1 lines ? Also see what Zamboni played ? It gets the juice way down, I made two dogs out of two favs.
I see you played the Nucks on the ML and PL. You in fact just made your own -1 line by playing that. It's just the amounts you played on each to even it out.
If I may ?
If you wanted to win $100, you would wager $50.82 on the ML and $32.79. You have wagered only $83.61 to win $100 !!!!!
You should do this on any big juice game. I consider laying big juice at -140 or more. But of course you could also play a -.5 line that will get the juice down also.
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In some cases, making your own -1 line is actually cheaper than taking the -1 at books that offer them. All two or 3 of them I think. 
Here is the formula for making them.
100x/(x+1) where x = ml
if you plan on betting $100 on a game with -1.30 ml and +1.60 pl
100(1.30)/(1.3 + 1)
=130/2.3
=$56 on the ml........therefore $44 on pl
works out to approx. +1.15 for the -1 spread
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I have been setting on this for awhile. But OK....if you want an Excel spreadsheet where you can just plug in the numbers, PM me. You don't have to be a friend, anyone can PM a mod. I will e-mail you the sheet.
You can put in the amount you want to wager or the amount you want to win.
Lippsman's -1 conversion formula
just posting it in here for future reference for other posters
isn't this common sense? I learned from my mistakes and thats what makes a gambler get better. If u keep making the same mistakes over and over again u have to adjust. Juz use your brain.......I know it sucks but it works.
Thank you, Sensei Lippsman! Your original post is one of, if not the very most informative and intelligent posts that I have ever seen. I look forward to applying these principles to the NHL season. You have given us some very sound advice. I have been guilty of lacking discipline in the past and will seek to change that in 2011/2012.
Good luck this season and I am looking forward to reading more posts and plays from you. 
Established in 1995,
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