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  #21 (permalink)  
Old 12-21-07, 02:10 AM
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Re: Wagering System:

Great stuff Doc! I think the hardest part of this system is knowing the best way to react if the losing streak does hit. Either take it as a loss of .25% total BR and start with a new series, or borrow from the other 3 portions until you get those two needed wins. It seems tempting to just borrow from one of the other banks and get that first win out of the way. The second win will be much lesser of a wager size wise and therefore less stressful. I think the key is to have many bankrolls broken down from your total funds and run 2-4 systems at a time. The rest of the banks are in reserve in case of losing streaks.

I love the idea because we know we can pick at least 50% winners if not better over the long haul. Just so long as you have back up cash when the inevitable losers come knocking, I think this system is money.

Last edited by Mongi; 12-21-07 at 02:24 AM.
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  #22 (permalink)  
Old 12-21-07, 03:07 AM
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Re: Wagering System:

Quote:
Originally Posted by Mongi View Post
Great stuff Doc! I think the hardest part of this system is knowing the best way to react if the losing streak does hit. Either take it as a loss of .25% total BR and start with a new series, or borrow from the other 3 portions until you get those two needed wins. It seems tempting to just borrow from one of the other banks and get that first win out of the way. The second win will be much lesser of a wager size wise and therefore less stressful. I think the key is to have many bankrolls broken down from your total funds and run 2-4 systems at a time. The rest of the banks are in reserve in case of losing streaks.

I love the idea because we know we can pick at least 50% winners if not better over the long haul. Just so long as you have back up cash when the inevitable losers come knocking, I think this system is money.
Yes. Excently stated, and kinda what I was trying to say.

Peace

Doc
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  #23 (permalink)  
Old 12-21-07, 04:24 AM
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Re: Wagering System:

Makes sense Doc - thank you for the response. Looks like you've really done your homework.

Seems like if you ran 2 or more systems it would be a lot easier to sort of hedge your bets and run each series relying on the strongest plays with the weaker plays cancelling each other out - if that makes sense, it does in my head some how..


Anyway, thanks again. I'm going to try this system out.
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  #24 (permalink)  
Old 12-21-07, 10:30 AM
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Re: Wagering System:

Doc you know what the sad thing about this whole thing is that after all that some players just can't do it.

They can pick enough winners for the plays to be made but I have said with the other system some players are just not in it for the bottom line and that is fine as long as you dont lose your A-S.

This is all about $$$$$ in the end and I will use 1 of my books just for what you speak of THANK YOU AGAIN FOR POSTING THIS ATM MACHINE.
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Old 12-21-07, 12:55 PM
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Re: Wagering System:

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.
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  #26 (permalink)  
Old 12-21-07, 01:28 PM
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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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  #27 (permalink)  
Old 12-21-07, 01:35 PM
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Re: Wagering System:

I see your point Bartender but MONEY MAKES MONEY and SCARED MONEY DONT MAKE MONEY in my opinion.

You have to have the proper BANK to back it up and yes it is a martingale variation just stay small and all should be well.

The MAIN thing that I have to say to all at the lounge is DONT EVER TRY TO MAKE A LIVING WITH GAMBLING I DONT GIVE A RATS A-S WHO YOU ARE OR HOW MUCH YOU MAKE AND YES SOME OF YOU MAY THINK OTHERS DO BUT IF YOU DID OR THEY DID YOU WOULD NOT BE POSTING you would srtaight up be living large or your a sick puppy.

You can make money though as a secondary outlet 2nd job whatever you want to call it that you do hobby or just for fun.
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  #28 (permalink)  
Old 12-21-07, 01:47 PM
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Re: Wagering System:

Most definitely Bartender, that's the catch with these systems. I think the word "nuts" was used somewhere in this thread, which can sometimes be confused with stupidity. Though if a player knows that the risk of a losing streak is almost garuanteed and budgets properly so that he has other portions of the bankroll to fall back on, I think one could still be successful. It does take a pair to lay down large bets when deep in the sequence, but for it to work you must continue.

Doc, I am wondering if there is more in your book about the two guys in Vegas who have been making six figures a year on this for years? My questions for them would be...what exactly do you do when you lose one of the portions? Dig into the others? or take the loss and start over with new series and roll? Also, how many total split up bankrolls do they have from the original large roll and how many systems would they run at a time?

I think the system is mathematically correct and does work. But as I mentioned before, you must know the best way to react to that losing streak when it comes. Obviously these guys have had to have had losing streaks somewhere in their career using this system, if we could know what they did to handle it best, we would be in the best possible shape to try it ourselves.

I think this system can work if you have the capital and break it up strategically.
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  #29 (permalink)  
Old 12-21-07, 01:59 PM
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Re: Wagering System:

Quote:
Originally Posted by Mongi View Post
Most definitely Bartender, that's the catch with these systems. I think the word "nuts" was used somewhere in this thread, which can sometimes be confused with stupidity. Though if a player knows that the risk of a losing streak is almost garuanteed and budgets properly so that he has other portions of the bankroll to fall back on, I think one could still be successful. It does take a pair to lay down large bets when deep in the sequence, but for it to work you must continue.

Doc, I am wondering if there is more in your book about the two guys in Vegas who have been making six figures a year on this for years? My questions for them would be...what exactly do you do when you lose one of the portions? Dig into the others? or take the loss and start over with new series and roll? Also, how many total split up bankrolls do they have from the original large roll and how many systems would they run at a time?

I think the system is mathematically correct and does work. But as I mentioned before, you must know the best way to react to that losing streak when it comes. Obviously these guys have had to have had losing streaks somewhere in their career using this system, if we could know what they did to handle it best, we would be in the best possible shape to try it ourselves.

I think this system can work if you have the capital and break it up strategically.
I know one guy that runs 18 different systems including this one in different variations during basketball season. He lives in Vegas, and has the capital and the smarts. Last I talked to him he was going to make a run to get on one of the pro golf tours, and use to be a sports book manager. He plays A LOT of games a day. It makes me sick when I use to see his sheet, but he had a handle on what he was doing.

I tell ya what gang. I'll use this with my NBA plays starting tonight. I'll have five series running at once, and we'll see what happens.

If they go belly up they go belly up Becasue now is a good time for me to jump in as I'm on a winning sytreak, and a little down run should be coming. I hope not, but we know the law of averages.

Peace

Doc

Last edited by Docwatson; 12-21-07 at 02:02 PM.
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  #30 (permalink)  
Old 12-21-07, 02:18 PM
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Re: Wagering System:

Good luck with the trial Doc, I'm curious to see how it works for you. I will try it myself when I have a larger roll. Thanks again for the post, its got my blood pumping in a positive way again. "I'm like a phoenix...Rising from Arizona." as Frank Costanza would say.
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  #31 (permalink)  
Old 12-21-07, 04:37 PM
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Re: Wagering System:

Quote:
Originally Posted by Docwatson View Post
I know one guy that runs 18 different systems including this one in different variations during basketball season. He lives in Vegas, and has the capital and the smarts. Last I talked to him he was going to make a run to get on one of the pro golf tours, and use to be a sports book manager. He plays A LOT of games a day. It makes me sick when I use to see his sheet, but he had a handle on what he was doing.

I tell ya what gang. I'll use this with my NBA plays starting tonight. I'll have five series running at once, and we'll see what happens.

If they go belly up they go belly up Becasue now is a good time for me to jump in as I'm on a winning sytreak, and a little down run should be coming. I hope not, but we know the law of averages.

Peace

Doc

Doc, Can you make 1 of the series for 40-20-40? This is the amount I want to play and I need to see how it works with losses and wins involved until I get the hang of it.

Also will you be posting in this thread or are you going to start a new thread?

Thanks!
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  #32 (permalink)  
Old 12-21-07, 04:50 PM
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Re: Wagering System:

Quote:
Originally Posted by JElder View Post
Doc, Can you make 1 of the series for 40-20-40? This is the amount I want to play and I need to see how it works with losses and wins involved until I get the hang of it.

Also will you be posting in this thread or are you going to start a new thread?

Thanks!
I'll have one running in the basketball forum for my NBA. It will all be right there easy for you to read. At least I hope it will be easy to read.

Peace

Doc
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  #33 (permalink)  
Old 12-21-07, 07:46 PM
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Re: Wagering System:

That Is The Gayest System I Have Ever Seen If You Have A 1600 Roll Then Y9u Would Be Risking Your Whole Role And Them Some Several Times
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  #34 (permalink)  
Old 12-21-07, 07:58 PM
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Re: Wagering System:

Good luck Doc - the proof's in the pudding. Run it here with immaculate record keeping and we will be able to see it in live use. That will help folks understand it too.
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Old 12-21-07, 08:06 PM
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Re: Wagering System:

A word of advice. I like the system as its very similar to my own betting money management system that I play every day. However, if you are going to do this for real make sure you have thought out how to deal with a losing streak and what you will do if losses start piling up. Have a specific plan. Not knowing what you will do if you lose 6 games in a row is a dangerous way to play this system.
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  #36 (permalink)  
Old 12-21-07, 08:50 PM
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Re: Wagering System:

Thanks for the info Doc! The people complaining about this system are the ones that will never get anywhere in life. They complain and complain, that is why they never get anywhere in life and in betting. Obviously people will go on losing streaks, that is evident with every bettor. That is why you have to have the necessary funds to cover those losing streaks for basic needs of life such as rent. In the long run, the math will take care of itself. I'm a math nut, and statistically if you have a mathematical advantage over something, it will always work out. Same thing for the bookies, why do you think they are guranteed to make money? Because they have a mathematical advantage over everyone which is the 10% juice. With this system it gives you a mathematical edge over the bookies. Thanks Doc for the post, for those who complain about the system, let them miss out on the advice. Thanks.
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Old 12-21-07, 09:06 PM
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Re: Wagering System:

can somebody DUMMY up the system i dont understand it
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  #38 (permalink)  
Old 12-21-07, 11:34 PM
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Re: Wagering System:

Quote:
Originally Posted by pippy View Post
can somebody DUMMY up the system i dont understand it
I'd try reading it one part at a time and just try understand one thing at a time. Sometimes reading in depth systems can get confusing from the first read. Just read it over and over until it makes sense. GL pippy.
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  #39 (permalink)  
Old 12-22-07, 03:07 PM
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Re: Wagering System:

Quote:
Originally Posted by thopaul75 View Post
Thanks for the info Doc! The people complaining about this system are the ones that will never get anywhere in life. They complain and complain, that is why they never get anywhere in life and in betting. Obviously people will go on losing streaks, that is evident with every bettor. That is why you have to have the necessary funds to cover those losing streaks for basic needs of life such as rent. In the long run, the math will take care of itself. I'm a math nut, and statistically if you have a mathematical advantage over something, it will always work out. Same thing for the bookies, why do you think they are guranteed to make money? Because they have a mathematical advantage over everyone which is the 10% juice. With this system it gives you a mathematical edge over the bookies. Thanks Doc for the post, for those who complain about the system, let them miss out on the advice. Thanks.
Can you explain the "mathematical edge" ? Please be precise and don't just say "read the threads above." Thanks!

Last edited by The Bartender; 12-22-07 at 03:09 PM.
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Old 12-23-07, 09:14 AM
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Re: Wagering System:

Ive been trying to figure out this system since i read the post and get - to a point.
One flaw i cant seem to think out is what happens if you lose 4 in a row then win then lose another 4 in a row going 1 -8. That middle number is large enough to begin with when your that far in.

Maybe what would be helpful if a simple betting chart was set for just one round of betting in the worst case scenerio and the amount you need in your bankroll to cover the entire series.
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