Posted:
#1
Hi all.
I recently sent this email to someone who may know a good amount abt wagering.
I'm waiting to hear back from him, but I figured I'd post it here and see what the community thinks.
Any constructive feedback would be much appreciated.
Btw, sorry abt the big font in the email; that's how it pasted, and when I tried to change it it wouldn't.
Part of my email:
"It's a labby strategy. It's based on the fact that you only need to win 33.34% of your bets to win your line.
From what I know, there are four popular bets which should average out to winning 50% in the long run: Overs, Unders, Betting the favorite on a spread, and betting the underdog on a spread.
Since these bets average well over the 33.34% needed to finish labby lines, I assume in the long run, they should, mathematically, always end up clearing labby lines.
There would be long losing streaks. You might even sometimes have to split your lines (I assume you're very aware of what that means, and I don't wanna be insulting, but just to be exact, I'm talking of when you feel the amount you're risking becomes too high, halving the line and working on each half. So a line with four 100s remaining becomes two lines with four 50s remaining, etc.)
But even with splitting, I think mathematically you should eventually clear your lines, as you're always using bets which avg 50% on lines which only require 33.34%. As long as you manage your $ well enough to stay in the game and continue working on your lines, I think you should clear your lines.
I figure this strategy should work even quicker betting favorites of at least -200. Of course, you'd have to be smart abt $ management because you're always risking a bunch more than you win, but in clearing lines the main success factor may be how much of a percentage above 33.34% your bets average winning, and betting these types of favorites (from -200 up to as high a fave as you feel comfortable with) should win at least 2/3 of the time, and with the higher favorites, even more.
Again, $ management is VERY KEY, but as long as you manage it well enough so that you can always stay in the game, working on your lines, I don't see a flaw in the strategy.
But that's why I'm asking you, because maybe you do :)
Anyway, I'd genuinely appreciate hearing what you think, suggestions, etc.
Thx...E"
I recently sent this email to someone who may know a good amount abt wagering.
I'm waiting to hear back from him, but I figured I'd post it here and see what the community thinks.
Any constructive feedback would be much appreciated.
Btw, sorry abt the big font in the email; that's how it pasted, and when I tried to change it it wouldn't.
Part of my email:
"It's a labby strategy. It's based on the fact that you only need to win 33.34% of your bets to win your line.
From what I know, there are four popular bets which should average out to winning 50% in the long run: Overs, Unders, Betting the favorite on a spread, and betting the underdog on a spread.
Since these bets average well over the 33.34% needed to finish labby lines, I assume in the long run, they should, mathematically, always end up clearing labby lines.
There would be long losing streaks. You might even sometimes have to split your lines (I assume you're very aware of what that means, and I don't wanna be insulting, but just to be exact, I'm talking of when you feel the amount you're risking becomes too high, halving the line and working on each half. So a line with four 100s remaining becomes two lines with four 50s remaining, etc.)
But even with splitting, I think mathematically you should eventually clear your lines, as you're always using bets which avg 50% on lines which only require 33.34%. As long as you manage your $ well enough to stay in the game and continue working on your lines, I think you should clear your lines.
I figure this strategy should work even quicker betting favorites of at least -200. Of course, you'd have to be smart abt $ management because you're always risking a bunch more than you win, but in clearing lines the main success factor may be how much of a percentage above 33.34% your bets average winning, and betting these types of favorites (from -200 up to as high a fave as you feel comfortable with) should win at least 2/3 of the time, and with the higher favorites, even more.
Again, $ management is VERY KEY, but as long as you manage it well enough so that you can always stay in the game, working on your lines, I don't see a flaw in the strategy.
But that's why I'm asking you, because maybe you do :)
Anyway, I'd genuinely appreciate hearing what you think, suggestions, etc.
Thx...E"
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