Hey all
Long time member…first time poster
Just thought I would try my hand at some college hoops this season. Gonna start with $100 and see how far I can get with that. I’ll be tracking my plays throughout the season on this thread.
PICKS:
There won’t be any write-ups. I’ll just post my plays, bet amount, and potential winnings. Plays are not based on any system, just my gut feelings/research.
MONEY MANAGEMENT:
1. Will start with a bankroll of $100.
2. No money line plays. Will only play point spreads (@ -110 juice).
3. I will be using a 3-game chase system. In order to only require a 33% winning percentage (1/3 picks correctly) and still make a profit every 3 games:
Original bankroll / 7.458 = BET #1
Original bankroll / 3.568 = BET #2
Original bankroll / 1.707 = BET #3
4. Every time I make a winning bet, my “original bankroll” will reflect that.
Very simple example:
Bankroll: $100
Bet #1: $13.41 to win $12.19
If I win:
My bankroll becomes $112.19, and the new Bet # 1 becomes $112.19 / 7.458 = $15.04
If I lose:
Bet # 2: $100.00 / 3.568 = $28.02 to win 25.47.
If I win:
My bankroll becomes $112.06 and so on……
If I lose:
Bet # 3: $100/ 1.707 = $58.57 to win $53.25 and so on…....
Very simple concept as you can see. Requires me to get 1/3 correct to keep the streak going, so any advice on games would be much appreciated!!!!!!!!!!!!
Once I double or triple my starting bankroll, I will revert to a 4 game chase system that will require me to only get 1/4 picks correct.
Any questions, advice, comments are welcome.
Good luck to all the cappers this season and let’s make some money!!!!!!!!!!