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1. Starting bankroll: amount you afford to lose.
For me that means 10 Euro (13$). It's the money I spend on cigarettes in one week, so there's no tragedy if I lose them.
2. The objective: at the end of one week (7 days) my bankroll has to be 20 Euro (26$).
There are 2 possible outcomes:
a. I double up the bankroll and reach to 20 Euro
b. I lose the initial investment (10 Euro), the money for cigarettes for one week. No big deal, but I'll try to focus on option a.
If I manage to double up the bankroll in 3 days (let's say) I will end week 1 and start week 2 with the objective to double up again in 7 days. At any point if I lose all my bankroll my loss is the initial bankroll (10 Euro).
3. Strategy: I will pick a limited amount of games to bet on and divide my bankroll in order to achieve my goal for one week. For example I will try to bet 10 times 20% of my bankroll with odds of -200 or 5 times with odds of +100 and so on... I will vary the percentage of bankroll to use on one bet in order to achieve my goal. For example if i reached day 7 and my bankroll is still 10 Euro (initial amount) I will find a bet with 2.00 odds (decimal odds) and bet all my bankroll to try to double up untill day 7 ends.
I could play only one game in a particular week or I could play 20 games. The idea is to pick a good spot and to play as few games as possible.
4. Picking the plays: I have absolutely no rule or system to pick my plays. I will try to avoid biases generated by using systems and simply pick the best spots. I will analyse matchups and if decide I found a good spot I take a look at the odds and determine the amount to money to bet on.
I am mostly a soccer better so I will try to bet on leagues and teams that I know. I also play baseball from time to time. I think the playoff games (NHL and NBA) doesn't suite my approach.
Week 1: 24.04.09 - 01.05.09
Starting bankroll = 10 Euro
Bet 1 - 25.04 - Soccer - Romania Divizia A - Rapid Bucuresti to win @ 1.50 - play 2 Euro to win 1 Euro.
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and I am interested in the formula you said you have documented at 34-12 for 2009 season....
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