NHL 60 minute draw - chase

So Dan's over/under totals system sparked an idea in my head to chase every team for the 60 minute draw.

I would also add that if you are trying to win 1 unit per team, per game, I would like to at least keep 500 units set aside for this.

Interesting stuff. I'm not going to do research on this because where I bet doesn't offer that prop bet. At least I don't think so anyway. I better make sure on that. Will chime in later with any ideas if I come up with any.

Just had a quick look at some calcs.  With odds of $4.00 (+300) the bets start to get out of control at around the 11th chase mark.

Total number of OTs played in;

river...this looks promising.  Back testing is as simple as looking through each and every day's worth of games here on covers...under the "scores" tab.  Tedious, yes - but necessary when testing/considering viable wagering options.

I'll set aside this weekend for some tedious back testing then. Looking forward to my first back test, I'll let you know how it pans out.
The thing that worries me a little however is that most of the books here in oz only offer about $3.80 for the tie, which could get rather dangerous with some of the chases that would have occurred so far for this season. It makes me wonder if this turns profitable how long before the book offering $4.20 catches on and brings it in line with the others.

So work has been crazy lately, therefore no back testing. I have been tracking this since I posted first, and basically it looks good so far if you play to win 10 units then clear the lines. Has cleared twice since original post. Back testing will be done from the 27th dec - 31 dec when I'm away in a small coastal town with my grandparents so stay tuned to find out whether this is a flop or a handy little money maker.

I used to do something similar a few years ago.  Chase for OT, but only select from the Wagerline Survivor leader board...  Any NHL game that was picked by a leader with a streak of 9 wins or more was amazingly an overtime game at least 1/3 of the time.  I'm not sure if it still works, but it wouldn't hurt to monitor the results.  I would not randomly chase the NHL for OT.  GL

I've been playing this for about two weeks now and it usually earns around 2 to 5 units per night (I think, I only recently started tracking my daily earnings). I'm up 14 units in the last week and a half or so, including the Christmas break. I've been skipping the Rangers, Predators, Flyers and Penguins but I think I'm going to start including them as well.

So have done some basic backtesting of 2010/2011, 2011/2012, and this current season.

oh and i should have said the back testing i did was more than enough for me to put my balls on the line and up my units big time.

Thanks for the info. What unit size are you using relative to your bankroll? I've been betting to win 1% of my bankroll. After doing a bit of testing, I think 1% might be just a bit much considering we have to account for the occasional streaks of no overtime for up to 15 games or so. Here's the tables I've used to figure out what unit size I want to be using.

In back testing I found some very long streaks some over 20 games, all added up that would be a lot of money out of your account.
What I did notice is that if you reset the chase every time you were in profit you only require 20 units in your bankroll. I have been playing to win $100 from each team each game, the longest I have had to chase for is 10 days, but after day 10 profit went to 17.5 units...
.
After that the chase was re set, as some lines still had quite a few numbers which could easily get out of hand and eat in to your profits.
Yesterday started a new chase and profited 0.7 units, so I re set that chase too.
The most uneconomical chase I have had this season was 5 days of hockey for 2.4 units.

Is anyone following this now? I'm using the method that rivermonsterz described in the above post with a 30 unit bankroll and I'm up about 17 units in the last 3 weeks.

Yes I am chasing draws again this year. Currently up about 20 units. Variance will be the odds we get and at what point we decide to re set all the chase numbers to zero.

These last couple of days have been pretty rough for overtime. Good luck tomorrow!

Yeh it's been a rough trot. The last chase went deep and after hitting 2/3 games for Friday I accepted a loss and re set. Still up over 20 units for the season.
Keep grinding away and pray for continuation of $4.20 to $4.80 draw prices

I'm in a deep spot at the moment with this one. 3 teams have got 5 losses to their names with no overall profit for the current chase.
what I've done is divide the 5th loss from these 3 teams into 30 and added that number to every team.
roughly 12% of a unit.