Posted:
#1
Hello all - I've been betting (i.e. losing) on sports for the past 12-14 years. I am convinced my losing is due primarily to my lack of discipline. I've never tracked my winning percentage, but I'd guess it to be around 55-58%. My problem is I will get on a hot streak, then double or triple my wager amount and eventually lose all my winnings....plus some!
My reason for starting this thread is a feeble attempt to create some discipline (i.e. accountability for myself). I will post all of my wagers on a google spreadsheet (let me know if you want access). I will post on here occasionally, but don't have time to login and post every play.
My simple plan is to bet 2% of my bankroll on every play. My bankroll for 2017 is $10,000. I will update my wager amount every Monday - based on my current bankroll for that week.
Based on some potentially bad math. If I bet an average of 15 games per week with 10% juice, here's where I should end up at the end of the year (with 43 weeks left in the year).
55% winning percentage (1.65% gain each week): $19,957
58% winning percentage (3.54% gain each week): $44,632
I bet primarily with a local and in Football and Basketball I get 5% juice, so actual results will vary.
Onward...
Day 1's wagers:
Wiscy -7.5 -105
William and Mary +5 -105
Siena +6.5 -105
Wofford +1 -105
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