I'm trying to stay with the higher total games, although after going back through the stats, it doesn't seem to matter. So now I'm trying to keep the payouts at +120 or better. I'm not really trying to handicap the games as such. My intent is to demonstrate that lab lines can prevent you from blowing up and make you a consistent return even when there is no handicapping going on.
Adding:
Line 1- MIL +120 20/24
Line 2- SD RL +170 20/34 HOU RL +125 20/25
Line 4- CIN +155 20/31
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I'm trying to stay with the higher total games, although after going back through the stats, it doesn't seem to matter. So now I'm trying to keep the payouts at +120 or better. I'm not really trying to handicap the games as such. My intent is to demonstrate that lab lines can prevent you from blowing up and make you a consistent return even when there is no handicapping going on.
Based on the math and further digging in the stats, I've come to the conclusion that this will not work over the long term. There are 2 reasons. First we can win no more than 50% of our games on any given day. Lab lines in theory will clear with a win % of 43% but that involves having a streak of wins somewhere in the process to clear lines. Those winning streaks counterbalance the losing streaks and clear lines when you have more money in play. The process we have here does not do that. Every day it is 50% or lower with no long losing streaks or long winning streaks. This won't clear lines over the long run. 50% winners will clear lines as long as you have streaks of 3-4 winners and losers in the mix. So even though we're up at the moment, it is due to the fact that we've been hitting at a little better % on our games than what history shows. So I'm pulling the plug on this endeavour. BOL
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Based on the math and further digging in the stats, I've come to the conclusion that this will not work over the long term. There are 2 reasons. First we can win no more than 50% of our games on any given day. Lab lines in theory will clear with a win % of 43% but that involves having a streak of wins somewhere in the process to clear lines. Those winning streaks counterbalance the losing streaks and clear lines when you have more money in play. The process we have here does not do that. Every day it is 50% or lower with no long losing streaks or long winning streaks. This won't clear lines over the long run. 50% winners will clear lines as long as you have streaks of 3-4 winners and losers in the mix. So even though we're up at the moment, it is due to the fact that we've been hitting at a little better % on our games than what history shows. So I'm pulling the plug on this endeavour. BOL
Yes, I was assuming a +125 average payout on winners. The reason that we were ahead was that the average payout was a little higher than +125. 33% won't clear a line. At 33% your numbers on your line stay the same. For every win you clear two and every loss you add one. 30 wins and 60 losses for example, and you have the same amount of numbers on your lab line. The amounts are a lot higher though and you are losing money in the process. The actual % I think is somewhere around 41% to be more exact. At that % you clear lines and the amounts don't go into the stratosphere.
After giving this some more thought, I'm going to continue this experiment where we left off but with 1 major change. I'm only going to use 1 line with 12 numbers to begin with. At historical stats, we should be able to clear the line every 25 games bet (50 bets)
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Yes, I was assuming a +125 average payout on winners. The reason that we were ahead was that the average payout was a little higher than +125. 33% won't clear a line. At 33% your numbers on your line stay the same. For every win you clear two and every loss you add one. 30 wins and 60 losses for example, and you have the same amount of numbers on your lab line. The amounts are a lot higher though and you are losing money in the process. The actual % I think is somewhere around 41% to be more exact. At that % you clear lines and the amounts don't go into the stratosphere.
After giving this some more thought, I'm going to continue this experiment where we left off but with 1 major change. I'm only going to use 1 line with 12 numbers to begin with. At historical stats, we should be able to clear the line every 25 games bet (50 bets)
HOU +165 NYM +200 COL +135 WAS +135 LAD RL +115 NYY RL +140
PHI RL +105 SF RL +145
There will be 4 more bets, the other sides of the uncovered 4 above. I'm just waiting a little bit to see if I can get better odds. I'll probably end up screwing myself.
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All bets are 20:
HOU +165 NYM +200 COL +135 WAS +135 LAD RL +115 NYY RL +140
PHI RL +105 SF RL +145
There will be 4 more bets, the other sides of the uncovered 4 above. I'm just waiting a little bit to see if I can get better odds. I'll probably end up screwing myself.
I'm toying with the idea with matching the pairs up differently. For example, instead of just betting 20 on the underdog and 20 on the RL favorite, bet 20 on the underdog and 20 on a parlay RL favorite to the over for the game. You will be giving up some wins on the RL that stays under but significantly increasing the payout on the RL winners and will allow me to bet on some of the RL's that are still -odds on some heavy favorites. The logic is that if the underdog can even score 2 runs in the game, the over is more likely to hit then the under if the favorite covers the RL. As long as the favorite is not throwing somebody who is just dominating, this seems reasonable. What got me to thining is that some books won't accept that parlay, the RL favorite to the over. Usually that means there is an edge to the player. One that I use does allow it. Thoughts anyone?
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I'm toying with the idea with matching the pairs up differently. For example, instead of just betting 20 on the underdog and 20 on the RL favorite, bet 20 on the underdog and 20 on a parlay RL favorite to the over for the game. You will be giving up some wins on the RL that stays under but significantly increasing the payout on the RL winners and will allow me to bet on some of the RL's that are still -odds on some heavy favorites. The logic is that if the underdog can even score 2 runs in the game, the over is more likely to hit then the under if the favorite covers the RL. As long as the favorite is not throwing somebody who is just dominating, this seems reasonable. What got me to thining is that some books won't accept that parlay, the RL favorite to the over. Usually that means there is an edge to the player. One that I use does allow it. Thoughts anyone?
BAL +160 20/32 parlay BOS RL to over 10 (-120)(-110) 20/50 This last game just makes sense to me since the BAL starter can't get anybody out. We'll see.
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Adding:
SD +125 20/25 MIL RL +130 20/26
BAL +160 20/32 parlay BOS RL to over 10 (-120)(-110) 20/50 This last game just makes sense to me since the BAL starter can't get anybody out. We'll see.
I've been struggling to determine how to eliminate winners and add losers to the line. I think that I will count every matched pair that does not lose both sides as a win and eliminate two numbers from the line and any matched pair that loses both sides as a loss and add that total loss a two numbers to the line. For example, yesterday we had 8 matched pairs that won so we would eliminate 16 numbers from our line which would in effect wipe out the line but we did have a loser in the SD/MIL game so we would add a total of 40 to the line but split it into two 20's. Our line would now look like this:
20-20 And we would only bet to clear this line today. So let's go with OAK +150 40/60 TOR RL +130 40/52.
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I've been struggling to determine how to eliminate winners and add losers to the line. I think that I will count every matched pair that does not lose both sides as a win and eliminate two numbers from the line and any matched pair that loses both sides as a loss and add that total loss a two numbers to the line. For example, yesterday we had 8 matched pairs that won so we would eliminate 16 numbers from our line which would in effect wipe out the line but we did have a loser in the SD/MIL game so we would add a total of 40 to the line but split it into two 20's. Our line would now look like this:
20-20 And we would only bet to clear this line today. So let's go with OAK +150 40/60 TOR RL +130 40/52.
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