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Old 12-21-07, 01:28 PM
Docwatson Docwatson is offline
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Re: Wagering System:

Quote:
Originally Posted by The Bartender View Post
Sorry to rain on the parade here but someone had to do it

From my reading of this is, in essence it is a martingale system variation. By that I mean, the way you "catch up" for losses is to keep betting larger and larger amounts.

This will NEVER work!

Why?

Losing streaks, and long losing streaks are inevitable and guaranteed. You can't avoid them. Flip a coin 500 times and you will land somewhere around 250 heads and 250 tails every time. You can bank on it - it's guaranteed by the "law of large numbers."

But, mixed in there will be some runs of 10 heads in a row and likely even some runs of 15-20 heads or tails in a row. Even if you "weight" the coin so tails is more likely to come up and you end up with 275 tails to 225 heads every time, you'll have some long runs of heads.

In my humble opinion, this system, like any martingale variation, will erase your bankroll. I know some might disagree and that's fine. Let's open up the discussion.
It's very dangerous like that, and I've stated that. One thing a player can if they have their past wagers written down, or can go back and look at past wagers at their book to track how long their losing streaks run typically to get a feel if this is right for them.

Okay I really recommend doing this right here. Try it on a piece of paper for a while. I mean the rest of this season if you want. You have to be honest with your self when picking the plays. Would you really wager on this game or that game in that situation. I mean there is no hurry to jump in and start playing this sytem. It will always be right here.

That said I've seen it work, and the ones that got it to work where players that had the angles. Such as Big's NBA Road system, or playing unranked CBB favs over ranked CBB teams. There are professional gamblers that are using this sytem or some other type of wagering system to make their living.

Again though it's not for the faint of heart. When your on that losing streak and you've lost four in a row are you going to be able to make that big fifth wager with a clear mind and trust in your handicapping?

Peace

Doc
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