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    All Forums | Systems & Strategies

    My Money Management Goal

    lltb43
    prof8t
    PatrickBateman
    MontanaMax
    Participants:
    Search
    Views: 628
    Posts: 4
     
    lltb43
    lltb43
    Veteran
    Participation Meter
    Joined: Dec, 2004
    Posts: 1862
    Posted: Jan. 22, 2010 - 1:33 PM ET #1

    Greetings everyone,

    I have always had trouble managing my betting habits. Therefore, I have decided to try something to fix it. I am starting with $100. My intention is to increase this ten-fold over thirteen four-week periods by winning 57% of my wagers (16 of 28 per period). I will be playing moneyline parlays that will return no less than even money. These wagers will include multi-sport parlays. Each wager will be 5% of the beginning balance of each four-week period. Maintaining these standards should see a minimum 20% increase of my starting balance each four-week period. 

    Beginning balance: $100.00

    Period One/Week One: 22-28 Jan 2010

    Multi-sport moneyline parlay: Orlando and Phoenix (NBA), and New Jersey (NHL)

    $5.00 brings back $7.49

    Good luck to everyone 

    Money is a good servant, but a bad master
    Reply
    To remove first post, remove entire topic.

    Greetings everyone,

    I have always had trouble managing my betting habits. Therefore, I have decided to try something to fix it. I am starting with $100. My intention is to increase this ten-fold over thirteen four-week periods by winning 57% of my wagers (16 of 28 per period). I will be playing moneyline parlays that will return no less than even money. These wagers will include multi-sport parlays. Each wager will be 5% of the beginning balance of each four-week period. Maintaining these standards should see a minimum 20% increase of my starting balance each four-week period. 

    Beginning balance: $100.00

    Period One/Week One: 22-28 Jan 2010

    Multi-sport moneyline parlay: Orlando and Phoenix (NBA), and New Jersey (NHL)

    $5.00 brings back $7.49

    Good luck to everyone 

     
    prof8t
    prof8t
    Rookie
    Participation Meter
    Joined: Jan, 2007
    Posts: 576
    Posted: Jan. 22, 2010 - 10:39 PM ET #2

    Thats not a bad money management plan.  I wish you well with this.
    Reply
    Thats not a bad money management plan.  I wish you well with this.
     
    PatrickBateman
    PatrickBateman
    Veteran
    Participation Meter
    Joined: Mar, 2007
    Posts: 1066
    Posted: Jan. 25, 2010 - 2:48 PM ET #3

    Like the idea, just a suggestion though- Stay away from playing ML in hockey using this strategy, -200 faves lose all the time and will screw you.
    Reply
    Like the idea, just a suggestion though- Stay away from playing ML in hockey using this strategy, -200 faves lose all the time and will screw you.
     
     
    MontanaMax
    MontanaMax
    Prospect
    Participation Meter
    Joined: Nov, 2008
    Posts: 473
    Posted: Jan. 25, 2010 - 8:42 PM ET #4

    Quote Originally Posted by PatrickBateman:

    Like the idea, just a suggestion though- Stay away from playing ML in hockey using this strategy, -200 faves lose all the time and will screw you.



    Pat.........
    Always appreciate what you bring to the table here and elsewhere but.................
    All -200 favs aren't as bad as you think
    Yes one part of a good tasting sandwich is a quality MM which does look good here
    The other part is having a top performing winner of a system in which to utilize that MM for optimum units

    Now for an example Debo15 is sharing a system others and I elsewhere have cooking
    He is posting our NHL plays here in the NHL forum
    Here they are 28-8 on the ML with yes........ a good amount near or past the dreaded -200 figure and more lines to get steeper as the season goes on

    As famously quoted........
    "Fear causes hesitation......... And hesititation causes our worst fears to come true"

    Since  12/1.......... 73-26 or so give or take a few offhand
    On the ML
    If one were to be skeptical on this record.........
    That's ok I would be too on the surface
    I would have no problem sharing the parameters so the back testing can be confirmed
    Gotta keep it honest
    Now unit wise can't say cause cats are playing the system differently with the -1 line, .5 reg line, -1.5 / PL's,  parlays and round robins.
    Point is that these options could help too with MM in selecting how to play a system
    Me personally, I won't eliminate a play based on the juice cause that's what Vegas wants us to do as it wins.
    More or less I capp the match up and not the line but do put its value into perspective 
    I use other methods to get lost units back on high juice losses
    As per MLB when many heads take the RL over the ML and the team wins by 1.
    Also with cutoffs
    I respect how people filter out plays due a high juice figure
    If it ain't broke......... Don't fix it / yes
    But I know what your saying though Mr. Bateman, can't disagree



    lltb43...........
    I don't know the # 's but.............
    There are some old simple ML systems to follow if your interested if you already don't have something up your sleave
    I haven't put the time in to see if they're up to snup but you never know


    BOL..................



    Reply
    Quote Originally Posted by PatrickBateman:

    Like the idea, just a suggestion though- Stay away from playing ML in hockey using this strategy, -200 faves lose all the time and will screw you.



    Pat.........
    Always appreciate what you bring to the table here and elsewhere but.................
    All -200 favs aren't as bad as you think
    Yes one part of a good tasting sandwich is a quality MM which does look good here
    The other part is having a top performing winner of a system in which to utilize that MM for optimum units

    Now for an example Debo15 is sharing a system others and I elsewhere have cooking
    He is posting our NHL plays here in the NHL forum
    Here they are 28-8 on the ML with yes........ a good amount near or past the dreaded -200 figure and more lines to get steeper as the season goes on

    As famously quoted........
    "Fear causes hesitation......... And hesititation causes our worst fears to come true"

    Since  12/1.......... 73-26 or so give or take a few offhand
    On the ML
    If one were to be skeptical on this record.........
    That's ok I would be too on the surface
    I would have no problem sharing the parameters so the back testing can be confirmed
    Gotta keep it honest
    Now unit wise can't say cause cats are playing the system differently with the -1 line, .5 reg line, -1.5 / PL's,  parlays and round robins.
    Point is that these options could help too with MM in selecting how to play a system
    Me personally, I won't eliminate a play based on the juice cause that's what Vegas wants us to do as it wins.
    More or less I capp the match up and not the line but do put its value into perspective 
    I use other methods to get lost units back on high juice losses
    As per MLB when many heads take the RL over the ML and the team wins by 1.
    Also with cutoffs
    I respect how people filter out plays due a high juice figure
    If it ain't broke......... Don't fix it / yes
    But I know what your saying though Mr. Bateman, can't disagree



    lltb43...........
    I don't know the # 's but.............
    There are some old simple ML systems to follow if your interested if you already don't have something up your sleave
    I haven't put the time in to see if they're up to snup but you never know


    BOL..................



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