Working on a New system for mlb ..need help with $ management

Question

so i was doing some research on a new system i've been backtesting. It could be a chase if i so choose but i am not sure if that would be more profitable then taking straight games instead for perhaps the A and B games. I'll post my numbers here for your guys info. For 2009 I have:
159 A wins
53 B wins
25 C wins
13 D wins
6 losses
..so i'm thinking I should maybe take all my A bets as straight bets as well as my B bets and stop there. any thoughts?

HotShotPicks · Answer

so i was doing some research on a new system i've been backtesting. It could be a chase if i so choose but i am not sure if that would be more profitable then taking straight games instead for perhaps the A and B games. I'll post my numbers here for your guys info. For 2009 I have:
159 A wins
53 B wins
25 C wins
13 D wins
6 losses
..so i'm thinking I should maybe take all my A bets as straight bets as well as my B bets and stop there. any thoughts?

onlinesport · Answer

it also depends on how high the odds are for your system

jv040 · Answer

you could use labby lines found here  https://platinumsportsinvesting.com/labourchere.aspx

Airmail26 · Answer

I&#x27;ve used a Labby line to bet MLB, NBA and NHL the last few years.  If you do it right and manage your money it&#x27;s a pretty simple way to make money.  I currently have 15 labby lines going in MLB.

HotShotPicks · Answer

ok say your bankroll was $1000, what would your first labby line be?

Airmail26 · Answer

Depends what sport and how many lines you are going to have going at once. If you are betting football and just going to have one line (ex. 5,5,5,5,5,5,5,5,5,5) Then I would say 5 is a good starting #.

If it's baseball I would start with a smaller #. Probably 2's. It seems small but you have to take bankroll management seriously.

For instance a line like this 4 days ago (2,2,2,2,2,2,2,2,2,2) betting on the Phillies...now looks like this

(2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 5.88, 20.48, 76.43, 127.06)

So now all of a sudden after a 4 game ass kicking at home you have lost over $230 and you are looking at bet of about $130-$200 depending on the line tomorrow.

That's how people lose money and get pissed off, but if you have got the bankroll to back it up you can get through it. The next week is going to scary as hell but you can get through it.

Football and basketball is not as bad because the lines are usually -110 instead of baseball where they fluxuate so much.

Hope that helps.

Working on a New system for mlb ..need help with $ management

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