I've mentioned this exact concept as the corner stone of my system that I came up with in a different post...perhaps you read it. There really is no steadfast, perfect way to manage your units. You can come up with fancy equations and long drawn out explanations, but the answer really depends on how you're betting and what games your betting. You have to consider the risk involved to make sure your bankroll doesn't evaporate too quickly, but balance that against gaining enough profit to make the whole thing worth it. Another thing to consider is if you're chasing or not (this is not just for MLB, but for any sport...lord knows I've had some looooooooong Saturdays with NCAA football and basketball.
I will say this...a straight Martingale approach will almost certainly have you going broke quickly. Probably won't get much debate there. I think the key to unit management is to keep a very close count of how many units you have on the board, how many units you plan to win over a given time, and how many units you're up or down at any given moment. If you know those things, you can adjust your betting strategy to the situation. Labouchere is a great tool of course, but it's not without flaws. That's why I never stick exactly to any method. You HAVE TO leave room for interpretation. THAT is up to the individual. There was a thread by SN last year in MLB that tried to teach this exact idea. Not posting his units infuriated people. I understood that part...he probably just should have conceded in the end, if for nothing more than to keep the focus on sabermetrics, but that was his choice. The point is, the units did not matter with what he was trying to show. Furthermore...you must apply (to borrow his term) "situational analysis" so there is no way to say exactly how to play things each day without typing out 10000 words for how you came up with what you did. Sometimes I play a system. Sometimes I try to cap. Sometimes I play just for fun. Sometimes I'll throw an extra couple units on a game because I like it. Hell, sometimes I'll even bet on a game just to make it interesting because I'm going to see it live (i'm definitely not alone on that one).
There are countless scenarios and no exact "answer" or formula. Use the tools that are available to you (Straight wager, Labourchere, Martingale, throwing darts, insider info, following your favorite capper, flip a coin, pay services...whatever) and make your own decisions.
-Leprechaun
0
I've mentioned this exact concept as the corner stone of my system that I came up with in a different post...perhaps you read it. There really is no steadfast, perfect way to manage your units. You can come up with fancy equations and long drawn out explanations, but the answer really depends on how you're betting and what games your betting. You have to consider the risk involved to make sure your bankroll doesn't evaporate too quickly, but balance that against gaining enough profit to make the whole thing worth it. Another thing to consider is if you're chasing or not (this is not just for MLB, but for any sport...lord knows I've had some looooooooong Saturdays with NCAA football and basketball.
I will say this...a straight Martingale approach will almost certainly have you going broke quickly. Probably won't get much debate there. I think the key to unit management is to keep a very close count of how many units you have on the board, how many units you plan to win over a given time, and how many units you're up or down at any given moment. If you know those things, you can adjust your betting strategy to the situation. Labouchere is a great tool of course, but it's not without flaws. That's why I never stick exactly to any method. You HAVE TO leave room for interpretation. THAT is up to the individual. There was a thread by SN last year in MLB that tried to teach this exact idea. Not posting his units infuriated people. I understood that part...he probably just should have conceded in the end, if for nothing more than to keep the focus on sabermetrics, but that was his choice. The point is, the units did not matter with what he was trying to show. Furthermore...you must apply (to borrow his term) "situational analysis" so there is no way to say exactly how to play things each day without typing out 10000 words for how you came up with what you did. Sometimes I play a system. Sometimes I try to cap. Sometimes I play just for fun. Sometimes I'll throw an extra couple units on a game because I like it. Hell, sometimes I'll even bet on a game just to make it interesting because I'm going to see it live (i'm definitely not alone on that one).
There are countless scenarios and no exact "answer" or formula. Use the tools that are available to you (Straight wager, Labourchere, Martingale, throwing darts, insider info, following your favorite capper, flip a coin, pay services...whatever) and make your own decisions.
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