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I'll give you the holy grail of gambling 1.1 (But......)

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Prospect
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Posted: #152
Found this thread while doing my due diligence on money management technique. Thanks for the detailed write-up - very, very helpful for a bright-eyed newbie.
 
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Posted: #153

Stapple this thread to the top somehow

 

Get it Done!

 
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Posted: #154
great stuff Lipp...what if you like a team more than you do another day??


are you saying bet that 2.5% no matter how much u like a team? throw away the units?



 
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Posted: #156

Quote Originally Posted by MisterNasty:

great stuff Lipp...what if you like a team more than you do another day??


are you saying bet that 2.5% no matter how much u like a team? throw away the units?



No, it you re-read again I stated that I will bump up the percentage if I'm on a run. But never on just one game.  I wager all the games the same.  When you start picking and choosing you are just asking for trouble.

 
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Posted: #157
you da man. i really like this system, thanks for sharing, keep it up
 
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Posted: #158
Quote Originally Posted by Lippsman:

No, it you re-read again I stated that I will bump up the percentage if I'm on a run. But never on just one game.  I wager all the games the same.  When you start picking and choosing you are just asking for trouble.





i did read that...so if i am winning obv the amount goes up because you are taking 2.5% of a higher number....but never pick and choose a game and go 5% on it right?? even if you LOVE the game?
 
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Posted: #159
great read, thx for info
 
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Posted: #160
just read it again lipp, i got it...you can raise it on a streak but not up to like 10%....keep it reasonable and dont risk too much on ONE game
 
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Posted: #161
hows this worked out for the last two seasons?
 
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Posted: #162

Quote Originally Posted by dynamicz:

hows this worked out for the last two seasons?

It works great for any season. It's really simple once you put in play.  You win your wager more money because there is more in your account.  You start losing then the wagers are cut back so there is less in play.

 
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Quote Originally Posted by MisterNasty:

just read it again lipp, i got it...you can raise it on a streak but not up to like 10%....keep it reasonable and dont risk too much on ONE game

That's correct

 
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Posted: #164
another year rant......

from zimbabwe ??
 
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Posted: #165
Quote Originally Posted by zipnjaz:

another year rant......

from zimbabwe ??

We love our pucks down here......err....over here..........whereever the hell we are.

 
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Posted: #166

what if i'm just rolling bad and from that 1000 i'm now down to 500 with juice and everything...i'm now betting 10...will i be able to get back to even? I don't believe that is possible

 
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Quote Originally Posted by windatmuney:

what if i'm just rolling bad and from that 1000 i'm now down to 500 with juice and everything...i'm now betting 10...will i be able to get back to even? I don't believe that is possible

It is possible, but if you were bring down your wagers as you were losing, the chances of halving your bankroll is very low. If it took a hit like that you would have to be picking about 20%.

 
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Posted: #169
Nice writeup. I just wonder how many people on here are trying it.
 
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Posted: #170
One of the most intelligent well thought out posts I've read on this site for the most part.

The MM system is exactly how I have my thread set up in Systems and Strategies, under Investment Project. My only difference is that I don't weight every game evenly (2.5% of my bankroll, but play the % based on the strength of the lean, sometimes playing upwards to 8-9% of the bankroll.)

This way really seems to be the way to go. You are essentially building upon your own returned money (Compounding interest!). As Albert Einstein once said "Compounding interest is the strongest force on Earth). In my thread which is exclusively College Football I am only 13-9 on the year but have upped my bankroll by 55% in just 4 1/2 weeks because of this.)

Great post!


 
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Posted: #171
ive been using just less the 2.5 prcnt since nov 1st
Stay safe and play smart
 
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Posted: #172
Thanks Lipps, but I bet against the LEAFS every game so my % really works out well!!!
 
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Posted: #173
Quote Originally Posted by Lippsman:

We love our pucks down here......err....over here..........whereever the hell we are.



Yeah Hilton Head ,,,,,somehow I don't see the connection
 
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Quote Originally Posted by zipnjaz:



Yeah Hilton Head ,,,,,somehow I don't see the connection

Hilton Head........

Strike one.

 
 
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bump for a certain poster
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