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Author Topic: Slow Profit Sports Betting System  (Read 2263 times)
Astargath
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April 22, 2015, 09:54:26 AM
 #41

Martingale based systems have only one ending in the longrun.

Theoretically true maybe but practically not if the ev of a bet was very high consistantly, perhaps we cant get ev very high consistantly in sports betting though.  We only live for so long.

As i explained before having bigger ev will only make you lose later but you will still lose eventually even with 99% of win ratio you would still lose with martingale in the long looooong run.

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April 22, 2015, 10:22:04 AM
 #42

Martingale based systems have only one ending in the longrun.

Theoretically true maybe but practically not if the ev of a bet was very high consistantly, perhaps we cant get ev very high consistantly in sports betting though.  We only live for so long.

As i explained before having bigger ev will only make you lose later but you will still lose eventually even with 99% of win ratio you would still lose with martingale in the long looooong run.

Yes you would but the chances of say 10 times 99% edge bets losing becomes nothing to worry about, wont happen to anyone here in their lifetime.  But yeah you are right.
Astargath
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April 22, 2015, 10:31:08 AM
 #43

Martingale based systems have only one ending in the longrun.

Theoretically true maybe but practically not if the ev of a bet was very high consistantly, perhaps we cant get ev very high consistantly in sports betting though.  We only live for so long.

As i explained before having bigger ev will only make you lose later but you will still lose eventually even with 99% of win ratio you would still lose with martingale in the long looooong run.

Yes you would but the chances of say 10 times 99% edge bets losing becomes nothing to worry about, wont happen to anyone here in their lifetime.  But yeah you are right.

The problem i see with martingale in sports is that you would need to start with a base bet really high in order to make profit because at dice you can play thousands of bets fast but in sports you wont play 1.000 bets in a year

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...CURB...
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April 22, 2015, 02:18:00 PM
 #44

This method is using martingale.
There will still be instances where the results don't go to your favour.

     

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sherbyspark
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April 22, 2015, 03:26:39 PM
 #45

System bet #2:  Colon v Atletico Rafaela - at 3.00 odds betting .06 to make back the unit.

Side bet on the under 2.5 goals at 1.5 .10 to win .05 to cover the loss of first bet. Based on my system this game has a probability of 72% to go under.

So, red card 68th minute at 1-0. Rafaela scores a goal to even it at 1-1 and of course a man down they allow a 2nd goal in the 87th minute to screw me haha. Love gambling.

System bet #3: Marlins -1.5 over Philadelphia Phillies tonight.

This is what I meant. The Bet seems to have lost as the game ended at 3-7 with Marlins losing. You will now go on to the 4th bet, after which you will only be able to bet 1 more match. I know that you are claiming to be successful using martingale, but it isn't something you should be doing without posting any slips, as probably you will have some one following you, and them losing their bankroll on it.
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April 22, 2015, 04:12:20 PM
 #46

Yes, It can but it will be very slow.
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April 23, 2015, 02:30:08 AM
 #47

Guys we are going system bet 4 on the Over 206.5 for Clippers/San Antonio.

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April 23, 2015, 02:40:05 AM
 #48

This method is using martingale.
There will still be instances where the results don't go to your favour.

you will only lose if you dont know who will be the winner. but if you have skills to know, you will definitely win unlike on dice sites

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April 23, 2015, 02:53:22 AM
 #49

This method is using martingale.
There will still be instances where the results don't go to your favour.

you will only lose if you dont know who will be the winner. but if you have skills to know, you will definitely win unlike on dice sites
martingale method only worked on totally random games as far as I know, Sports Betting need knowledge about the sport.
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April 23, 2015, 06:16:21 AM
 #50

Guys, so far system is 3-0. It has taken me deeper than I would like 2 times back to back, but has come thru.

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April 23, 2015, 11:43:51 PM
 #51

This method is using martingale.
There will still be instances where the results don't go to your favour.


thats right, martingale the only system or method that we can use on any gambling,,also the easiest to use..
martingale will give you good profit too if we used it in shortrun..in long run it will give some bad streaks too..

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April 24, 2015, 03:32:07 AM
 #52

This method is using martingale.
There will still be instances where the results don't go to your favour.


thats right, martingale the only system or method that we can use on any gambling,,also the easiest to use..
martingale will give you good profit too if we used it in shortrun..in long run it will give some bad streaks too..

i guess martingale not work use in sportbook. u can strike win or strike lose. bet sportbook without good prediction its same like killing ur self.

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April 24, 2015, 06:23:06 AM
 #53

What if your consecutive losing bets are more than 6 next time and your bankroll can not cover the liability.  Will you get more to have this going?
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April 24, 2015, 08:38:39 AM
 #54

What if your consecutive losing bets are more than 6 next time and your bankroll can not cover the liability.  Will you get more to have this going?

There will come a time in every man's life where he has to sell his house, wife and kids to keep the martingale going  Grin

Actually if hes +ev he could just write off the bankroll and start again, long term is still profit.
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April 24, 2015, 12:28:14 PM
 #55

2 problems here :

1) Expecting to never have a streak of 5 losses is extremely foolish and delusional, it will happen sooner than you think
2) Due to the human nature, the losses will have an impact on your decision making and affect the EV of future bets. Like after 3 losses in a row you will be be pushed toward bankruptcy and it will cloud your judgement in one way or another.

In the end, the only result of this "system" is "oh my god, i cant believe these retards lost that game, what a throw, i am unluckiest man in the universe"
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April 24, 2015, 06:18:45 PM
 #56

What if your consecutive losing bets are more than 6 next time and your bankroll can not cover the liability.  Will you get more to have this going?

You must plan it from the every beginning what is the target for today, how much will you achieve in one day if not you wont stop until you are satisfied and you need to have some backup fund to help you if something really bad happened. That what are you going to do when you play using martingale but try not to lose what you can't afford
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May 01, 2015, 10:56:45 PM
 #57

Guys we are back tonight. New York Yanks vs Boston Red Sox Over 8.5.

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May 02, 2015, 06:02:49 AM
 #58


2) Due to the human nature, the losses will have an impact on your decision making and affect the EV of future bets. Like after 3 losses in a row you will be be pushed toward bankruptcy and it will cloud your judgement in one way or another.


Yeah this is definitely a potential thing to watch out for, everybody goes on tilt when losing money, the best way to try and control this emotion is not chase loses, take breaks and accept the fact you will go on tilt.  With improved awareness hopefully EV decisions aren't effected as much depends on the person.
Wendigo
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May 02, 2015, 07:17:18 AM
 #59

What if your consecutive losing bets are more than 6 next time and your bankroll can not cover the liability.  Will you get more to have this going?

You must plan it from the every beginning what is the target for today, how much will you achieve in one day if not you wont stop until you are satisfied and you need to have some backup fund to help you if something really bad happened. That what are you going to do when you play using martingale but try not to lose what you can't afford

You can't plan anything special with martingale system if you lose the bet. You either have the cash to put it on 2x the amount  or you don't and stop.
WhatTheGox
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May 02, 2015, 07:57:51 AM
 #60

What if your consecutive losing bets are more than 6 next time and your bankroll can not cover the liability.  Will you get more to have this going?

You must plan it from the every beginning what is the target for today, how much will you achieve in one day if not you wont stop until you are satisfied and you need to have some backup fund to help you if something really bad happened. That what are you going to do when you play using martingale but try not to lose what you can't afford

You can't plan anything special with martingale system if you lose the bet. You either have the cash to put it on 2x the amount  or you don't and stop.

It should be fine to just stop and write off the bankroll loss & start again small with a +EV martingale system & make profit long term - so like everytime to go say 0 for 6 you for example break 1 month, build up bankroll woking on other projects, come back after start again from the initial small bet.  Probably work nicely with taking a break for emotional management also.
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