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PROGRESSIVE CHASE STRATEGY

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Views: 25430
Posts: 210
 
Prospect
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Joined: Jun, 2015
Posts: 155
Posted: #51
Remaining Balance: 4,435.75

*Results on Picks (08-07)*
Twins (5L Running) - Risk 1200 Odds: +119 
Royals (2L Running) - Risk 150 (-1.5) Odds: +146 
Total Return: 2,628.00

Total Balance: 7,063.75 

Will start betting on my next picks at 175, (175, 350, 700, 1400, 2800). Just waiting for all games to end. 

 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #52
Total Balance: 7,063.75

*Picks 08-08*
Royals (3L Running) - Risk 300 Odds: -115
Giants (3L Running) - Risk 175 Odds: +125

Remaining Balance: 6,588.75
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #53
Remaining Balance: 6,588.75

*Results on Picks (08-08)*
Royals (3L Running) - Risk 300 Odds: -115
Giants (3L Running) - Risk 175 Odds: +125
Total Return: 560.87

Total Balance: 7,149.62
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #54
Total Balance: 7,063.75

*Picks 08-09*
Giants (4L Running) - Risk 350 Odds: +152
Yankees (2L Running) - Risk 175 (-1.5) Odds: +149 
Astros (2L Running) - Risk 175 (-1.5) Odds: +156
Dodgers (2L Running) - Risk 175 (-1.5) Odds: +147
 
Remaining Balance: 6,188.75
 
Prospect
Participation Meter
Joined: Mar, 2001
Posts: 378
Posted: #55
Not that it really matters, but the Giants have lost 3 in a row, not 4.
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #56
Remaining Balance: 6,188.75

*Results on Picks (08-09)*
Giants (4L Running) - Risk 350 Odds: +152 
Yankees (2L Running) - Risk 175 (-1.5) Odds: +149 
Astros (2L Running) - Risk 175 (-1.5) Odds: +156 
Dodgers (2L Running) - Risk 175 (-1.5) Odds: +147 
Total Return: 0 

Total Balance: 6,188.75
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #57

Total Balance: 6,188.75

*Chasing on 08-11*
Yankees (3L Running)
Giants (4L Running)
Astros (3L Running)

*This day will be interesting as both teams (Astros and Giants) that I'm chasing will have a match* Tomorrow, I'll explain how I will go about this.

*Picks 08-10*
Dodgers (3L Running) - Risk 350 Odds: -130

Remaining Balance: 5,838.75

 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #58
Remaining Balance: 5,838.75

*Results on Picks (08-10)*
Dodgers (3L Running) - Risk 350 Odds: -130
Total Return: 0
 
Total Balance: 5,838.75
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #59
Total Balance: 5,838.75

*Picks 08-11*
Yankees (3L Running) - Risk 350 Odds: +106
Dodgers (4L Running) - Risk 700 Odds: -164
Astros (3L Running) - Risk 1050 Odds: +129
Remaining Balance: 3,738.75
 
*I choose Astros for one thing, power ranking.
How I go about the 1050? - I combined the progressive risk I had for both teams. Same method on the progressive (rollover it twice).

 
 
Prospect
Participation Meter
Joined: Dec, 2013
Posts: 179
Posted: #60
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #61
Remaining Balance: 3,738.75

*Results on Picks (08-11)*
Yankees (3L Running) - Risk 350 Odds: +106
Dodgers (4L Running) - Risk 700 Odds: -164
Astros (3L Running) - Risk 1050 Odds: +129
 
Total Return: 4,865.58
 
Total Balance:
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #62
*ERRATUM*

Total Return: 1,126.83

Total Balance: 4,865.58
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #63
Total Balance: 4,865.58

*Picks 08-12*
Yankees (4L Running) - Risk 700 Odds: +116
Astros (4L Running) - Risk 2100 Odds: +116
Remaining Balance: 2,065.58
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #64
Remaining Balance: 2,065.58

*Results on Picks (08-12)*
Yankees (4L Running) - Risk 700 Odds: +116 
Astros (4L Running) - Risk 2100 Odds: +116 
Total Return: 4,536.00
 
Total Balance: 6,601.58
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #65
Total Balance: 6,601.58

*Picks 08-13*
Yankees (5L Running) - Risk 1400 Odds -114
 
Remaining Balance: 5,201.58
 
Veteran
Participation Meter
Joined: Mar, 2011
Posts: 3641
Posted: #66
Good luck on dem Yankees, but I doubt they win before going into Toronto (those rich guys need the "we're on a losing streak" excuse
to cover themselves should they get swept by the red-hot Blue Jays.
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #67
Remaining Balance: 5,201.58
 
*Results on Picks (08-13)*
Yankees (5L Running) - Risk 1400 Odds -114
Total Return: 2,628.07
 
Total Balance: 7,829.65
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #68
Total Balance: 7,829.65

*Picks 08-14*
Royals (2L Running) - Risk: 175 (-1.5) Odds: +164
Cardinals (1L Running) - Risk: 175 (-1.5) Odds: +108
Dodgers (1L Running) - Risk: 175 (-1.5) Odds: +132
Remaining Balance: 7,304.65
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #69
Remaining Balance: 7,304.65
 
*Results on Picks (08-14)*
Royals (2L Running) - Risk: 175 (-1.5) Odds: +164
Cardinals (1L Running) - Risk: 175 (-1.5) Odds: +108
Dodgers (1L Running) - Risk: 175 (-1.5) Odds: +132
Total Return: 1,232
 
Total Balance: 8,536.645

*Changing my progressive risk amount from 175 to 200 (200,400,800,1600,3200)*
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #70
Total Balance: 8,536.645

*Picks 08-15*
Nationals (4L Running) - Risk: 200 Odds: -109
Rockies (5L Running) - Risk: 200 Odds: -110

Remaining Balance: 8,136.65
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #71
Remaining Balance: 8,136.65
 
*Results on Picks (08-15)*
Nationals (4L Running) - Risk: 200 Odds: -109
Rockies (5L Running) - Risk: 200 Odds: -110

Total Return: 0
 
Total Balance: 8,136.65
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #72
Total Balance: 8,136.65

*Picks 08-16*
Nationals (5L Running) - Risk: 400 Odds: +152
Rockies (6L Running) - Risk: 400 Odds: -115

Remaining Balance: 7,736.65
 
Banned
Participation Meter
Joined: Nov, 2005
Posts: 4125
Posted: #73
Just wanted to let you know that I have been following your thread as I found interesting. I took some time and back tested a few years back. The bad news is this strategy losses value over time, meaning it hovers near 50 percent. Adding filters may help improve the numbers, but just chasing losers can't make money. Now oddly, teams that have won 5 in a row faired better averaging 55.4% winning game 6.

2013
L5 = 82 - 92 (47.1%)
L6 = 44 - 45 (49.4%)
W5 = 104 -76 (57.8%)

2014
L5 = 64 - 80 (44.4%)
L6 = 39 - 40 (49.4%)
W5 = 67 - 74 (47.5%)

2015
L5 = 56 - 66 (45.9%)
L6 = 34 - 31 (52.3%)
W5 = 71 - 60 (54.2%)
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #74
@Irage, Wow.. Thanks dude for the feedback and and back testing it.. Really appreciate your feedback and the data you've provided.. My partner and I were talking about adding some filters.. One of the filters that we're considering is starting the bet on a 5L to 6L above to minimize the chase plus increasing starting amount everytime we hit 5k, 6k, 7k, etc.. We've also take into consideration betting against the teams that are on a Winning streak, we just lack the time to back test it. 

Anyways, this is just our beta test on the system. Hoping that it turns out fruitful at the end season. And if it is, we'll use it for next season.. Cheers @Irage 
 
 
Prospect
Participation Meter
Joined: Jun, 2015
Posts: 155
Posted: #75
Remaining Balance: 7,736.65
 
*Results on Picks (08-16)*
Nationals (5L Running) - Risk: 400 Odds: +152 
Rockies (6L Running) - Risk: 400 Odds: -115 

Total Return: 747.83
 
Total Balance: 8484.48
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