Posted:
#1
Overall Record
YTD: 764-632-108 (55%) *** +3.49% Return on Risk ***
ML: 238-199 (55%)
F5: 175-149-61 (54%)
RL: 31-48-2 (40%)
O/U: 320-236-45 (58%)
Parlays: 0-0-0 (0%) *** Daily Parlay Pick ***
Starting / Current Bankroll: $1,500 / $2,047 (+36%)
Picks of the Day Record
YTD: 94-57-15 (62%) *** +15.67% Return on Risk ***
ML: 34-12 (74%)
F5: 25-16-6 (61%)
RL: 4-6 (40%)
O/U: 31-23-9 (57%)
Bet Sizing: 1 Unit is 1% of my bankroll (~$20 as of today). Admittedly, I place relatively small wagers in comparison to other bettors on individual plays. But, to put things into perspective, if you were a dime bettor (flat bets) and followed all of my plays you would be up $52,515 on the season based on my return on risk performance (+$26,016 in 166 wagers if PODs only).
Number of plays: I have received some feedback regarding the amount of action (plays) I have each day. I often elect to spread my risk out by selecting wagers that express the same view. So, while the number of bets might seem high, 2-3 plays on the same game can often be consolidated into 1 play with more concentrated risk. For example, sometimes I split my risk between the first 5 innings and the full game while also placing a wager on the run total.
Diversification/Money Management: Remember, you can express a view in a number of ways and it's about finding the cheapest way with the best risk/reward profile. Don't fall into the trap of putting too much risk in one place. You (and I) will lose "sure thing" wagers, so limiting the damage from one pick is imperative. If there is one takeaway this is it. Diversification is key to money management.
Picks of the Day (POD) / Regular Play (RP): Going forward I will color code my plays to differentiate between my favorite plays (orange) and my regular value plays (blue). I won't necessarily size any differently. A few people approached me and asked me to do this, so I am going to try it out for the second half of the season. Maybe I will discover something that I can incorporate for the next season.
Daily Parlay Pick (DPD): For the last few weeks of the season I am going to incorporate 2 pick parlays, which will typically be a subset of my PODs and sized at 0.50% of bankroll.
YTD: 764-632-108 (55%) *** +3.49% Return on Risk ***
ML: 238-199 (55%)
F5: 175-149-61 (54%)
RL: 31-48-2 (40%)
O/U: 320-236-45 (58%)
Parlays: 0-0-0 (0%) *** Daily Parlay Pick ***
Starting / Current Bankroll: $1,500 / $2,047 (+36%)
Picks of the Day Record
YTD: 94-57-15 (62%) *** +15.67% Return on Risk ***
ML: 34-12 (74%)
F5: 25-16-6 (61%)
RL: 4-6 (40%)
O/U: 31-23-9 (57%)
Bet Sizing: 1 Unit is 1% of my bankroll (~$20 as of today). Admittedly, I place relatively small wagers in comparison to other bettors on individual plays. But, to put things into perspective, if you were a dime bettor (flat bets) and followed all of my plays you would be up $52,515 on the season based on my return on risk performance (+$26,016 in 166 wagers if PODs only).
Number of plays: I have received some feedback regarding the amount of action (plays) I have each day. I often elect to spread my risk out by selecting wagers that express the same view. So, while the number of bets might seem high, 2-3 plays on the same game can often be consolidated into 1 play with more concentrated risk. For example, sometimes I split my risk between the first 5 innings and the full game while also placing a wager on the run total.
Diversification/Money Management: Remember, you can express a view in a number of ways and it's about finding the cheapest way with the best risk/reward profile. Don't fall into the trap of putting too much risk in one place. You (and I) will lose "sure thing" wagers, so limiting the damage from one pick is imperative. If there is one takeaway this is it. Diversification is key to money management.
Picks of the Day (POD) / Regular Play (RP): Going forward I will color code my plays to differentiate between my favorite plays (orange) and my regular value plays (blue). I won't necessarily size any differently. A few people approached me and asked me to do this, so I am going to try it out for the second half of the season. Maybe I will discover something that I can incorporate for the next season.
Daily Parlay Pick (DPD): For the last few weeks of the season I am going to incorporate 2 pick parlays, which will typically be a subset of my PODs and sized at 0.50% of bankroll.
0
Nice picks.
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