I was wondering why the money is not in the Plus side. And there was an oversight on my part in the beginning. When placing the bet initially it should be Risking amount "Amount". And that amount should always be the same risk amount throughout the wagers.
Now if the wager loses, the the next Risking amount should still be the same "Amount."
If the initial risking amount wins, then the second risk amount to make it a "Two Win Streak" is the initial Risking amount in the first outlay plus the amount won in that first bet.
For Example to simplify things. The risk amount outlay for the entire season will always be 200. So if the first bet has an odds of -150 then it would be Risking 200 To Win 134. If you lose that bet, then the following bet would be risking 200 again.
However, if you win that first bet, you would win +134. Now to make it a Two Win Streak bet, the next bet would be 200 + 134 for a total of 334 Risking amount. Let's say the next bet has odds of -175. Then it would be Risking 334 To Win 191. If you win that, then you would have won a combined +325 on the Two Win Streak strategy, and you go back to the initial bet of 200 again and so on and so on.
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I was wondering why the money is not in the Plus side. And there was an oversight on my part in the beginning. When placing the bet initially it should be Risking amount "Amount". And that amount should always be the same risk amount throughout the wagers.
Now if the wager loses, the the next Risking amount should still be the same "Amount."
If the initial risking amount wins, then the second risk amount to make it a "Two Win Streak" is the initial Risking amount in the first outlay plus the amount won in that first bet.
For Example to simplify things. The risk amount outlay for the entire season will always be 200. So if the first bet has an odds of -150 then it would be Risking 200 To Win 134. If you lose that bet, then the following bet would be risking 200 again.
However, if you win that first bet, you would win +134. Now to make it a Two Win Streak bet, the next bet would be 200 + 134 for a total of 334 Risking amount. Let's say the next bet has odds of -175. Then it would be Risking 334 To Win 191. If you win that, then you would have won a combined +325 on the Two Win Streak strategy, and you go back to the initial bet of 200 again and so on and so on.
It was weird as the money at this time should be Plus +236. But that's okay. The season is a long one and we should win the oversight back and have a good season.
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It was weird as the money at this time should be Plus +236. But that's okay. The season is a long one and we should win the oversight back and have a good season.
I thought your second bet after a loss seemed wrong based on what you did last year. Your explanation in post 27 makes sense. Glad you still took the loses as shown and not just did a clerical error and showed that you were +236. Integrity does exist!
Stay disciplined and manage your bankroll
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I thought your second bet after a loss seemed wrong based on what you did last year. Your explanation in post 27 makes sense. Glad you still took the loses as shown and not just did a clerical error and showed that you were +236. Integrity does exist!
I thought your second bet after a loss seemed wrong based on what you did last year. Your explanation in post 27 makes sense. Glad you still took the loses as shown and not just did a clerical error and showed that you were +236. Integrity does exist!
Thanks. All strategies encounter X-Factors that sometimes happen (like betting the wrong team in the last minute because you were in a rush with the time constraint, or basically betting the wrong amount, and other matters, etc.). The error has to reflect on the total because that's what happened.
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Quote Originally Posted by Danrules24:
I thought your second bet after a loss seemed wrong based on what you did last year. Your explanation in post 27 makes sense. Glad you still took the loses as shown and not just did a clerical error and showed that you were +236. Integrity does exist!
Thanks. All strategies encounter X-Factors that sometimes happen (like betting the wrong team in the last minute because you were in a rush with the time constraint, or basically betting the wrong amount, and other matters, etc.). The error has to reflect on the total because that's what happened.
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