Posted:
#151
Quote Originally Posted by JoeMahirap:
Basically when the MLB season started back in March 31, 2014 my initial strategy was RL Underdog Parlay 5-win streak strategy. This means you have to win 5 consecutive bets of RL Underdog Parlays starting with betting an amount of 100 and rolling over the wins and initial bet all the way to the 5th bet. If it is followed by a loss, then you go back to a bet of 100. Sad to say by July 11, 2014 I called a lost season for that strategy. It didn't seem to work and it was really difficult. The most I ever did was win consecutively 3 times on 2 separate occasions. So by July 11, 2014 I called that quits and the record for that strategy on Post #95 of that thread is YTD: 23-22 -1,666 Loss. However, looking at the previous 94 posts on that thread I have noticed on the 45 bets that I never lost 5 straight bets, and on a couple of occasions only lost 3 straight bets. So I decided to do a chase system. Seeing that there are many 5-times chase system in this forum, I decided to have a 5-win chase system, meaning I can chase for a win 5-times. I could have doubled down progressively 100 to 200 to 400 to 800 to 1,600. And you know what, at this time, it would have worked and returned 7,000 plus back from July 11th all the way to tonight, August 25th. But I decided to protect the bankroll at the time initially since I wasn't sure if it will work throughout the whole remaining season. So I did a limited chase, meaning instead of doubling down 100 to 200 to 400 to 800 to 1,600, I would start of with 100 then to 140 then to 181 then to 221 and finally to 262. Thus if I do lose five straight, I could still continue the season and the bankroll and wins are protected. Now I continued the thread on this one just to see how much of the initial strategy loss of -1,666 from the other strategy can be recovered. So far +1,426 of the -1,666 loss have been recovered by tonight. Only 244 more to go and that loss is gone and back to +000.
I started that RL Underdog Parlay 5-win chase strategy and so far as of August 25 it is YTD 20-24 +1426 ahead. You can take a look at that thread to see the progression.
I also tried any 2 kinds of MLB choice parlays as well. I started this back on May 25, 2014. It proved really difficult. Favorite teams or heavily favored teams doesn't translate to a parlay win as it is indicated on that thread. That is when I deemed the luck factor, the "bad luck factor" is too strong for those heavy faves or faves that really looked too good to win. I even stopped for a couple of weeks a couple of times to ward of the "bad luck factor." But it was no use. I called it a loss season by August 13, 2014 on post #34 of that thread. So the Any 2-teams or any kind of 2-choice parlays 2-win streak strategy was stopped at a YTD: 5-14 -1,102 Loss at August 13, 2014. I went to my bread and butter to regain some of the losses of that lost season utilizing the RL Underdog Parlay 5-win chase strategy and so far I have recovered +561 or -1,102 losses so far with only 541 more to go in order to call it even at +000 on that one as well.
As for this thread, you can easily read about it on post #1, basically you just have to win two straight rolling down the initial money along with the winning money of the previous winning bet. After winning that again, then you go back to betting 100. Any loss is always followed by a bet of 100 as well.
Thanks for the great explanation .
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