Its near impossible for me to string 7 dogs together in a row. I have ONE losing streak of 6. In over 6 years and over 8000 bets.The question was, and still is, why? Why is it near impossible or non-existent?Its just very difficult to pick 7 dogs in a row. Its hard enough to pick 7 favourites. Its never happened to me and I cant see it ever happening.
Contrary to the widespread opinion of the mass, the inevitable loss has nothing to do with losing streaks, unless one plays Martingale.
It is the DRAWDOWN that does the killings.
One can have max losing streak of say three only, followed by one or two wins, down again, etc. which produce consistent los.
In practice however, what mostly happens is several large streaks with a few small corrections and finally the last downstreak that ends even huge EV+ game.
Based on your parlays it looks like you have the edge of about 5% and you are doing pretty well with bet sizes.
Just one thing: When your max bet reaches 2% of your bankroll, don't raise it anymore.
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Quote Originally Posted by Sentinel3:
Its near impossible for me to string 7 dogs together in a row. I have ONE losing streak of 6. In over 6 years and over 8000 bets.The question was, and still is, why? Why is it near impossible or non-existent?Its just very difficult to pick 7 dogs in a row. Its hard enough to pick 7 favourites. Its never happened to me and I cant see it ever happening.
Contrary to the widespread opinion of the mass, the inevitable loss has nothing to do with losing streaks, unless one plays Martingale.
It is the DRAWDOWN that does the killings.
One can have max losing streak of say three only, followed by one or two wins, down again, etc. which produce consistent los.
In practice however, what mostly happens is several large streaks with a few small corrections and finally the last downstreak that ends even huge EV+ game.
Based on your parlays it looks like you have the edge of about 5% and you are doing pretty well with bet sizes.
Just one thing: When your max bet reaches 2% of your bankroll, don't raise it anymore.
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