----------------------------------------------------------- Performance History -----------------------------------------------------------
Overall 2016: 178-136-18 (57%), +9.55% Return on Risk 2015: 298-267-32 (53%), +6.46% Return on Risk 2014: 826-685-112 (55%), +4.13% Return on Risk
Picks of the Day 2016: 53-38-7 (58%), +12.48% Return on Risk 2015: 108-87-12 (55%), +14.17% Return on Risk 2014: 121-72-16 (63%), +16.60% Return on Risk
----------------------------------------------------------- Performance History -----------------------------------------------------------
Overall 2016: 178-136-18 (57%), +9.55% Return on Risk 2015: 298-267-32 (53%), +6.46% Return on Risk 2014: 826-685-112 (55%), +4.13% Return on Risk
Picks of the Day 2016: 53-38-7 (58%), +12.48% Return on Risk 2015: 108-87-12 (55%), +14.17% Return on Risk 2014: 121-72-16 (63%), +16.60% Return on Risk
----------------------------------------------------------- Performance History -----------------------------------------------------------
Overall 2016: 178-136-18 (57%), +9.55% Return on Risk 2015: 298-267-32 (53%), +6.46% Return on Risk 2014: 826-685-112 (55%), +4.13% Return on Risk
Picks of the Day 2016: 53-38-7 (58%), +12.48% Return on Risk 2015: 108-87-12 (55%), +14.17% Return on Risk 2014: 121-72-16 (63%), +16.60% Return on Risk
----------------------------------------------------------- Performance History -----------------------------------------------------------
Overall 2016: 178-136-18 (57%), +9.55% Return on Risk 2015: 298-267-32 (53%), +6.46% Return on Risk 2014: 826-685-112 (55%), +4.13% Return on Risk
Picks of the Day 2016: 53-38-7 (58%), +12.48% Return on Risk 2015: 108-87-12 (55%), +14.17% Return on Risk 2014: 121-72-16 (63%), +16.60% Return on Risk
Baltimore Orioles FG +128, Gallardo/Archer: Bet $130 to win 166.40 W
Detroit Tigers FG -144, Kennedy/Verlander: Bet $130 to win 90.28 W Toronto Blue Jays FG -133, Stroman/Mengden: Bet $195 to win 146.62 L Boston Red Sox FG +106, Wright/Pineda: Bet $130 to win 137.80 W Milwaukee/Cincinnati Over 9 FG -115, Garza/Descalfani: Bet $130 to win 113.04 P
166.4+90.28+ (-195) + 137.80 + 0 = 119.48
Am I missing something? Not trying to call you out or anything. I just want to make sure Im tracking correctly on my end for when I tail.
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im getting a total for last night of $199.48
Baltimore Orioles FG +128, Gallardo/Archer: Bet $130 to win 166.40 W
Detroit Tigers FG -144, Kennedy/Verlander: Bet $130 to win 90.28 W Toronto Blue Jays FG -133, Stroman/Mengden: Bet $195 to win 146.62 L Boston Red Sox FG +106, Wright/Pineda: Bet $130 to win 137.80 W Milwaukee/Cincinnati Over 9 FG -115, Garza/Descalfani: Bet $130 to win 113.04 P
166.4+90.28+ (-195) + 137.80 + 0 = 119.48
Am I missing something? Not trying to call you out or anything. I just want to make sure Im tracking correctly on my end for when I tail.
Baltimore Orioles FG +128, Gallardo/Archer: Bet $130 to win 166.40 W
Detroit Tigers FG -144, Kennedy/Verlander: Bet $130 to win 90.28 W Toronto Blue Jays FG -133, Stroman/Mengden: Bet $195 to win 146.62 L Boston Red Sox FG +106, Wright/Pineda: Bet $130 to win 137.80 W Milwaukee/Cincinnati Over 9 FG -115, Garza/Descalfani: Bet $130 to win 113.04 P
166.4+90.28+ (-195) + 137.80 + 0 = 119.48
Am I missing something? Not trying to call you out or anything. I just want to make sure Im tracking correctly on my end for when I tail.
Does $195 = $130?
All wagers are flat % of bankroll. Always have been. Always will be.
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Quote Originally Posted by smurph_daddy:
im getting a total for last night of $199.48
Baltimore Orioles FG +128, Gallardo/Archer: Bet $130 to win 166.40 W
Detroit Tigers FG -144, Kennedy/Verlander: Bet $130 to win 90.28 W Toronto Blue Jays FG -133, Stroman/Mengden: Bet $195 to win 146.62 L Boston Red Sox FG +106, Wright/Pineda: Bet $130 to win 137.80 W Milwaukee/Cincinnati Over 9 FG -115, Garza/Descalfani: Bet $130 to win 113.04 P
166.4+90.28+ (-195) + 137.80 + 0 = 119.48
Am I missing something? Not trying to call you out or anything. I just want to make sure Im tracking correctly on my end for when I tail.
Does $195 = $130?
All wagers are flat % of bankroll. Always have been. Always will be.
All wagers are flat % of bankroll. Always have been. Always will be.
Oh I thought POD was 1.5 Units. I am an auditor. Not a handicapper. Wish I could offer more insight. Thanks for the picks (and the clarification) as always
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Quote Originally Posted by BirdsOnBat:
Does $195 = $130?
All wagers are flat % of bankroll. Always have been. Always will be.
Oh I thought POD was 1.5 Units. I am an auditor. Not a handicapper. Wish I could offer more insight. Thanks for the picks (and the clarification) as always
I see what you did. I stopped sizing PODs at 1.50% about 6 weeks ago. All bets are the same size. I just highlight them for tracking purposes.
Before you go any further, also run the math in previous examples to see that it's not 1% conveniently when I lose a wager. Orioles RL (6/28) was POD at +100 and you will see that it was sized the same as the other picks.
I keep very detailed records and do my best to keep everything as accurate as possible in my threads. No games in here bud
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I see what you did. I stopped sizing PODs at 1.50% about 6 weeks ago. All bets are the same size. I just highlight them for tracking purposes.
Before you go any further, also run the math in previous examples to see that it's not 1% conveniently when I lose a wager. Orioles RL (6/28) was POD at +100 and you will see that it was sized the same as the other picks.
I see what you did. I stopped sizing PODs at 1.50% about 6 weeks ago. All bets are the same size. I just highlight them for tracking purposes.
Before you go any further, also run the math in previous examples to see that it's not 1% conveniently when I lose a wager. Orioles RL (6/28) was POD at +100 and you will see that it was sized the same as the other picks.
I keep very detailed records and do my best to keep everything as accurate as possible in my threads. No games in here bud
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Quote Originally Posted by BirdsOnBat:
I see what you did. I stopped sizing PODs at 1.50% about 6 weeks ago. All bets are the same size. I just highlight them for tracking purposes.
Before you go any further, also run the math in previous examples to see that it's not 1% conveniently when I lose a wager. Orioles RL (6/28) was POD at +100 and you will see that it was sized the same as the other picks.
Hey Bob thanks for the plays and all hardwork!! Much appreciated. Any reasoning for lowering your pod bets to same as all others? Your pods have extremely good track record and I was just curious
I continually modify my approach. I've become more selective over the last few years (e.g., look at the number of plays in 2014 vs 2016). I used to wager on around 10 games per day, but I have dialed that back a bit. Since May (of this year), I increased my "hurdle" rate (i.e., target Return on Risk) from 3% to 5%, which lowered the number of playable games. My POD "RoR Hurdle" is unchanged at 10%.
It's possible I could revert back at some point - or even increase the variance in wager size - but I am going to stick with flat for the time being.
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Quote Originally Posted by Berkshire:
Hey Bob thanks for the plays and all hardwork!! Much appreciated. Any reasoning for lowering your pod bets to same as all others? Your pods have extremely good track record and I was just curious
I continually modify my approach. I've become more selective over the last few years (e.g., look at the number of plays in 2014 vs 2016). I used to wager on around 10 games per day, but I have dialed that back a bit. Since May (of this year), I increased my "hurdle" rate (i.e., target Return on Risk) from 3% to 5%, which lowered the number of playable games. My POD "RoR Hurdle" is unchanged at 10%.
It's possible I could revert back at some point - or even increase the variance in wager size - but I am going to stick with flat for the time being.
It's possible I could revert back at some point - or even increase the variance in wager size - but I am going to stick with flat for the time being.
You are absolutely correct in using a fixed % of bankroll for each play. You end up getting a fractional Kelly, which is important as compounding is your real friend over the long run.
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Quote Originally Posted by BirdsOnBat:
It's possible I could revert back at some point - or even increase the variance in wager size - but I am going to stick with flat for the time being.
You are absolutely correct in using a fixed % of bankroll for each play. You end up getting a fractional Kelly, which is important as compounding is your real friend over the long run.
It's awesome to get more insight on how you manage your bankroll. Thank you (as always) for capping and posting your value plays. A few of us out here, tail some or tail all of your plays and we are grateful for your time. Thanks bro!!
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BOB-
It's awesome to get more insight on how you manage your bankroll. Thank you (as always) for capping and posting your value plays. A few of us out here, tail some or tail all of your plays and we are grateful for your time. Thanks bro!!
Sometimes during the weekends - when my kids are taking their early afternoon naps - I have some *gasp* free time to review my performance. Capping the current card always takes precedence, but I had a few today and thought I'd share.
One of the things I constantly look for are patterns with my strengths and weaknesses. Am I better at capping runs than I am sides? Are there teams I am doing a poor job or good job capping? Is it a certain division? You get the point.
Minimum 5 wagers placed to qualify.
ML/RL Wagers --- Top 5 Teams
Baltimore: 10-1, +87% Return on Risk
Chicago (AL): 7-2, +52% Return on Risk
Texas: 19-10, +42% Return on Risk
St. Louis: 8-4, +38% Return on Risk
Boston: 11-7, +29% Return on Risk
These 5 teams make up ~36% of my side wagers year to date. Discussion topic for another day, but I have 5 teams I follow very closely and read their local newspapers to "source" additional information that is often overlooked. In the process of following these teams, I learn a lot about them and the teams they play (that don't show up in the box score). It's been key to my success, IMO.
ML/RL Wagers --- Worst 5 Teams
Los Angeles (AL): 1-5, -72% Return on Risk
New York (NL): 3-6, -32% Return on Risk
Kansas City: 2-3, -28% Return on Risk
Pittsburgh: 3-4, -25% Return on Risk
Toronto: 3-4, -20% Return on Risk
ML/RL Wagers --- Top 5 (opposing team)
St. Louis: 8-3 (73%)
Pittsburgh: 7-3 (70%)
Milwaukee: 6-3 (67%)
New York (AL): 10-5 (67%)
Cincinnati: 4-2 (67%)
ML/RL Wagers --- Worst 3 (opposing team)
Chicago (NL): 0-5-1 (0%)
Oakland: 3-5 (38%)
Baltimore: 4-6 (40%)
It should come as no surprise that I have had success better (for or against) the Cardinals. I watch a TON of their games. I've placed a side wager on 23 of their games (~25% of all games) and have gone 16-7 in those games. Anyway, just thought Id share.
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Sometimes during the weekends - when my kids are taking their early afternoon naps - I have some *gasp* free time to review my performance. Capping the current card always takes precedence, but I had a few today and thought I'd share.
One of the things I constantly look for are patterns with my strengths and weaknesses. Am I better at capping runs than I am sides? Are there teams I am doing a poor job or good job capping? Is it a certain division? You get the point.
Minimum 5 wagers placed to qualify.
ML/RL Wagers --- Top 5 Teams
Baltimore: 10-1, +87% Return on Risk
Chicago (AL): 7-2, +52% Return on Risk
Texas: 19-10, +42% Return on Risk
St. Louis: 8-4, +38% Return on Risk
Boston: 11-7, +29% Return on Risk
These 5 teams make up ~36% of my side wagers year to date. Discussion topic for another day, but I have 5 teams I follow very closely and read their local newspapers to "source" additional information that is often overlooked. In the process of following these teams, I learn a lot about them and the teams they play (that don't show up in the box score). It's been key to my success, IMO.
ML/RL Wagers --- Worst 5 Teams
Los Angeles (AL): 1-5, -72% Return on Risk
New York (NL): 3-6, -32% Return on Risk
Kansas City: 2-3, -28% Return on Risk
Pittsburgh: 3-4, -25% Return on Risk
Toronto: 3-4, -20% Return on Risk
ML/RL Wagers --- Top 5 (opposing team)
St. Louis: 8-3 (73%)
Pittsburgh: 7-3 (70%)
Milwaukee: 6-3 (67%)
New York (AL): 10-5 (67%)
Cincinnati: 4-2 (67%)
ML/RL Wagers --- Worst 3 (opposing team)
Chicago (NL): 0-5-1 (0%)
Oakland: 3-5 (38%)
Baltimore: 4-6 (40%)
It should come as no surprise that I have had success better (for or against) the Cardinals. I watch a TON of their games. I've placed a side wager on 23 of their games (~25% of all games) and have gone 16-7 in those games. Anyway, just thought Id share.
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