Posted:
#1
Hello everybody. I've started testing a strategy that I believe can be pretty profitable. It involves picking a heavy favorite to win each day, usually with odds between -1000 to -2000.
Obviously, a loss (which happens) can eat up the profits pretty quickly. So bankroll management is key here. Here's the system that I'm using.
1.) start with 400 units.
2.) bet to win 1 unit with each play
3.) in the event of a loss, add 5% of the total lost to each subsequent bet. The loss will be recovered after 20 plays.
The plays are 4-0 so far.
Today
West Virginia – $21.72 to win $1.01
Bankroll: $404.01
Profit: $4.01 (+1.0025%)
Breakdown
College Bball: 4-0 (3-1 ATS)
