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Old 12-20-07, 04:06 PM
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Wagering System:

This a contiuation from a topic posted in the basketball forum.

It's so long I have to break it up into sections for it to fit. if you want more info or have questions post them here. If I don't get back to you in a day or so just PM me, because I may forget to check the thread daily.

Okay so you want a wagering system?

This one will blow your mind. It's a very very long to read, and I DON'T ADVOCATE IT however it does work. It's just that losing streaks will have you in a nervious wreck.

My Buddy Tony wrote this, and he got it from some professional gamblers he worked around in Vegas. I've got it saved on file.

This may be too many words to fit into one page:

There is a straight up and a parlay version (I didn't post the parlay version, but will if requested).

Again tread with extreme caution using this. Don't go using your whole bankroll on it. I CAN use this system this year and win, by breaking my bankroll into about eight different sections. I'm just not sure I'd be able to fire that BIG bet in there when the time come, and it will come you can count on it.

The Set Monthly-Income System (Straight Bet Version)

Here are two money management programs that I use on a daily basis when placing my bets.


Taken from my book “Money Management for the year round Professional Sports Handicapper”


Going Pro or Betting For Fun and Profit


Every casual sports bettor has entertained the idea. Usually after a big score or while on a hot streak. “Hey, I could do this for a living.” Most never try it, remaining content to risk only their “mad money” by betting online or with their favorite local bookie. They get the thrill of gambling, the entertainment value of following their games on TV and the camaraderie of commiserating with other bettors over a beer.


It’s sort of like baseball, in that there are countless guys who play Little League, but only a small number of them have the ambition or the talent to go on to play high-school ball, and a tinier fraction of them earn a scholarship to play for a college team, and an even smaller percentage of them get drafted to play in the minor leagues, and only the best and luckiest of them ever make it to the big leagues.


Similarly, tens of millions of people bet on the Super Bowl and Final Four, but only a fraction of them have the Bankroll or the ambition to bet every weekend during football and basketball seasons, and an even tinier number of them make enough money to begin betting every day year-round on those and other sports, and only the best and luckiest of them ever make it to the betting big time, or to the point at which they make their entire living from it.


You now know that to make consistent money by betting on sports you must set and build a Bankroll by showing unwavering discipline -- and using money-management techniques like this as kind of trial run. They’ll tell the tale of whether you’ve got the mettle to make it as a pro gambler.


Even if you don’t want to “go pro” and make your entire living by gambling, The Set Monthly-Income System will allow you to make a predetermined amount of money each and every month from gambling, be it $400 or $4,000, or even more. And whether you’re doing it to make next month’s mortgage or merely enough for a family vacation, gambling for a set income is not only satisfying, it’s downright fun.

Last edited by Docwatson; 12-20-07 at 04:22 PM. Reason: size to big
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Old 12-20-07, 04:17 PM
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Wagering System Cont.:

2 Systems That Can Earn You 6 Figures


When most people think of John and Paul, they think of the Beatles. I think of the bettors -- two of the best I’ve ever known. I met them in 1989 while working at the Rio Sportsbook. They came in every day to check my lines, never lingering too long. Later, I found out why -- mine was only 1 of 20 sportsbooks they hit every single day.


This was just a single sign of their incredible discipline and work ethic. They also used a money-management technique that they shared with me, which I’ve modified and named The Set Monthly-Income System.


Back then, more than 2 decades ago, John and Paul were making $15,000 a month each betting on sports. During football and basketball seasons, they used the Straight Bet Version of the System. For baseball and hockey bets, they used the Parlay Version of the System, which I cover in the next chapter.


I just ran into John and Paul at the Stardust several weeks ago, and they are still grinding out the profits. It’s been a quarter-century, and the same System continues to bring them a 6-figure yearly income. They’re living proof that a comfortable living can be made from only betting on sports.


Now, I am going to show you how to achieve this incredible lifestyle too.



The Set-Up


Each of my 12 Money-Management Programs are composed of a Series of bets that are either predetermined by me or can be quickly calculated by you using a Formula I’ll provide you.


For the purposes of our examples in this System, all bets are straight wagers on which you will lay $11 to win $10 (or multiples thereof), unless otherwise noted.


The Program


The unique allure of The Set Monthly-Income System is that is allows you to set a “salary” for yourself that you’d like to make entirely by gambling on sports each and every month. Because of the mathematical certainties on which the Straight Bet Version of The Set Monthly-Income System is based, you must pick just 26% winners in order to earn your “salary” -- or Monthly-Income Goal. Even more so than usual in my 12 Money-Management Programs, possessing the necessary discipline and Bankroll are virtually as important as picking the winners.


The Set Monthly-Income System is perhaps the most complicated system I've ever seen, so I’ll first give you an overview before detailing every single step in the System. Of course, in a few days, this will all be second nature to you.


In The Set Monthly-Income System, the first thing to do is set your Monthly-Income Goal. This can be any dollar figure you want, from $100 to $10,000 or more, but is obviously limited by your Personal Betting Bankroll. Once you have your Monthly-Income Goal, you set your own 3-number Series based on this goal. It then takes just 2 winning wagers to eliminate each 3-number Series, at which point you start over. So you must eliminate just 4 Series with 8 winning wagers to earn your desired profits over the course of a month or 30 bets. Assuming you bet 1 game a day, you can pick just 8 winners and 22 losers (for a winning percentage of only .266) in any given month and still achieve your Monthly-Income Goal.


Let’s assume that you have a modest Bankroll of $1,600 to wager with, as we have throughout this book. A simple rule of thumb to determine your Monthly-Income Goal is to divide your Personal Betting Bankroll by 4, which in this example means your goal is to win $400 the first month.



Monthly-Income Goal = Personal Betting Bankroll divided by 4.


Now, based on your Monthly-Income Goal, you set a Series Total from which you will in turn set a 3-number Series. Because you need to win just 4 Series over the course of a month to achieve 8 total wins and the subsequent profits you desire, divide your Monthly-Income Goal (in this example, $400) by 4 and get a Series Total (in this example, $100).
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Old 12-20-07, 04:18 PM
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Part 3:

Series Total = Monthly-Income Goal divided by 4.


Now that you have a Series Total, break it into 3 numbers (or Series Amounts) so that the first and third numbers are equal to each other and are twice the amount of the second number. In this case, then, your Series would be 40-20-40, since $40 + $20 + $40 = $100, with $40, the first and third numbers, being twice the value of $20, the second number.



Series = Series Total broken into 3 numbers -- or Series Amounts -- so that Nos. 1 and 3 are equal and twice the amount of No. 2.



The object is now to eliminate your Series (in this case, 40-20-40) with 2 winning wagers. With the first winning wager, you eliminate the “outside” numbers, 40 + 40 (or 80, Nos. 1 and 3 combined). With the second winning wager, you eliminate the “inside” number, 20 (or No. 2). You do this by betting enough to first win $80, then by betting enough to win $20.


It’s important to understand that whenever you lose a wager trying to eliminate either the outside 2 numbers or the inside 1 number, you always move up to a new Series that features higher wagers. In other words, whenever you lose a wager in an attempt to eliminate the 2 outside numbers, you immediately move up to a new, higher 3-number Series without worrying about eliminating the 1 inside number. Likewise, if you ever lose a wager trying to eliminate the 1 inside number, you automatically move up to a new, higher 1-number Series.


After any loss, you determine these new, higher Series by dividing the amount of the previous wager evenly among the number(s) -- or Series Amount(s) -- in the previous Series. In order to win any Series Amount, you will lay a dollar figure known as an Actual Wager Amount.



Actual Wager Amount = the dollar figure you lay to win a Series Amount (or a combination of 2 Series Amounts) in your Series.



To help you get the hang of it, let’s look at our example Series of 40-20-40. To eliminate the 2 outside numbers, you lay an Actual Wager Amount of $88 to win $80, the profit of $80 representing the combined value of the outside numbers (or Nos. 1 and 3, 40 + 40). Remember, in our examples, we’re assuming both teams are given standard 11-10 odds.


If you win this first wager, the outside 2 numbers are eliminated, and you are left with just 1 “inside” number (or No. 2) to achieve your Series goal (in this case, 20). So a second wager is made to eliminate this 1 inside number, meaning you lay an Actual Wager Amount of $22 to win the Series Amount of $20. Hopefully, you win this wager and, having eliminated the Series entirely, you achieve your goal and start over with another, new Series (in this case, 40-20-40, meaning you make another $88 bet to win $80).


If you lose a wager, you continue betting with a higher Series -- a 3-number Series if the loss came as you were betting to eliminate the outside 2 numbers, or a 1-number Series if the loss came as you were betting to eliminate the 1 inside number. To determine the Series Amount(s) for the new Series, take the previous Actual Wager Amount and break it evenly over the remaining Series Amount(s) in the Series.


For example, if you lose the first wager in our example (in this case, $88 to win $80), you divide the previous Actual Wager Amount by 3, rounding to the nearest dollar (in this case, 88 divided by 3 = 29), and add that figure (in this case, 29) to each of the numbers in your 3-number Series (in this case, the new Series Amounts would be 69-49-69, since 40 + 29 = 69, 20 + 29 = 49 and 40 + 29 = 69).


Similarly, if you lose the second wager (in this case $22 to win $20), you add the previous Actual Wager Amount (in this case, 22) to the only number in your 1-number Series (in this case, the new Series Amount would be 42, since 20 + 22 = 42).


Continue betting to eliminate first the 2 outside numbers then the 1 inside number until you go through an entire month’s worth of wagers, presumably 30 or 31 bets and/or days. Of course, you may make 1 wager on an early NFL game on Sunday and then follow it up with a second bet on an afternoon game, so your “month” may end before 30 days are up. Or, if you wish, you may extend your month beyond 30 wagers to a full calendar month, regardless of the number of wagers. Or, like me, you may use this System year-round, and use calendar months only to keep track of how much you’re making as you go.


As long as you eliminate a minimum of 4 Series -- totaling 8 winning bets -- every 30 days or 30 wagers, you should reach or exceed your Monthly-Income Goal. After your first month, roll your $400 in profits into your Personal Betting Bankroll and set a new Monthly-Income Goal. Using our Formula, you would divide your new Personal Betting Bankroll of $2,000 by 4 and get $500, giving you a new Series Total of $125 and a new Series 50-25-50. In this way, after a year, your Personal Betting Bankroll is $6,400, meaning your Series Total is $1,600 and your new Series is 160-80-160.
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Old 12-20-07, 04:19 PM
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Re: Wagering System:

The Goal


The objective is to earn a “salary” from gambling every month, the amount of which you preset, by winning as few as 26% of your straight wagers.



The Series


The 3-number Series in this is System set by you, depending on the amount you set as your Monthly-Income Goal, and is eliminated by 2 winning wagers, the first to eliminate the 2 outside numbers and the second to eliminate the remaining 1 inside number.



The Formulas


There are, as you’ve learned above, several formulas relating to this System -- ones for determining your 1) Monthly-Income Goal, 2) Series Total, 3) Series, and 4) Actual Wager Amounts.



1) Monthly-Income Goal = Personal Betting Bankroll divided by 4.


2) Series Total = Monthly-Income Goal divided by 4.


3) Series = Series Total broken into 3 numbers or Series Amounts so that Nos. 1 and 3 are equal, and are twice the value of No. 2. Below find several examples of properly set Series and their corresponding wagers:




Monthly Income Goal in $ - Series Total in $ - Series – 1st Wager In $ - 2nd Wager in $ if 1st one Won


400 - 100 - 40-20-40- 88 to win 80 - 22 to win 20

500 - 125 - 50-25-50- 110 to win 100- 28 to win 25

800 - 200 - 80-40-80- 176 to win 160- 44 to win 40

1,000 - 250 - 100-50-100- 220 to win 200- 55 to win 50

1,600 - 400 - 160-80-160- 352 to win 320- 88 to win 80

2,000 - 500 - 200-100-200- 440 to win $400- 110 to win 100

4,000 - 1,000 - 400-200-400- 880 to win 800- 220 to win 200

5,000 - 1,250 - 500-250-500- 1,100 to win 1,000- 275 to win 250

10,000 - 2,500 - 1,000-500-1,000- 2,200 to win 2,000- 550 to win 500



4) Actual Wager Amount = the dollar figure you lay in order to win a Series Amount, or a combination of Series Amounts, in your Series. Below find an example using your 40-20-40 Series, and the progression that takes place depending on winning and losing wagers:


Series – Bet To Win – If You Lose Move Up to – If You Win, Bet To Win – Win? Congrats – Lose? Bet To Win


40-20-40- 88-80- Next Series- 22-20 - Start over- 46-42

69-49-69- 152-138- Next Series- 54-49 - Start over- 113-103

120-100-120- 264-240- Next Series- 110-100- Start over- 231-210

208-188-208- 457-415- Next Series- 207-188- Start over- 435-395

360-340-360- 792-720- Next Series- 374-340- Start over- 785-714



For more information or clarification, read “The Program” section above, and the rest of this, especially “The Proof” and “Crunching the Numbers” sections, both below.
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Old 12-20-07, 04:19 PM
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Still going.....

The Rules

1) Set your Monthly-Income Goal by dividing your Personal Betting Bankroll by 4, in this case $1,600 divided by 4 = $400.


2) Determine your Series Total by dividing your Monthly-Income Goal by 4, in this case $400 divided by 4 = $100.


3) Calculate your Series by breaking your Series Total into 3 numbers so that the first and third numbers are equal, and so that the second number is half the value of the first and third numbers, in this case 40-20-40.


4) Make a straight wager in an attempt to eliminate the combined total of the 2 “outside” numbers of the 3-number Series (or 40 + 40), in this case an $88 bet to win $80.


5) If you win the first wager, you eliminate the 2 outside numbers in the Series and are left with just the 1 “inside” number, in this case 20. Make a straight wager (in this case, $22 to win $20) in an attempt to eliminate it and achieve your goal, at which point you start over at the beginning with a new 40-20-40 Series.


6) If you lose a wager trying to eliminate these or any 2 outside numbers, divide the previous Actual Wager Amount evenly over the remaining Series Amounts in the Series. In this case, if you lose the 1st wager, divide 88 by 3 and add the resulting 29 to each amount in the 3-number Series, making your new 3-number Series 69-49-69, and your next Actual Wager Amount $152, in an attempt to win $138 (or 69 + 69).


7) If you lose a wager trying to eliminate your original (or any) 1 inside number, add the previous Actual Wager Amount to the previous Series Amount in the Series. In this case, add 22 to 20, making your new 1-number Series 42, and your next Actual Wager Amount $46, in an attempt to win $42 (or 22 + 20).


8) Continue betting, seeking to eliminate first the 2 outside numbers of any given Series with an initial wager, then the 1 inside number with another wager. Once you win 2 bets, eliminating both 2 outside numbers and 1 inside number, start over.


9) Bet a full month in this fashion, picking at least 26% winners to earn your Monthly-Income Goal.


10) At month’s end, roll your profits (in this case, at least $400) into your Personal Betting Bankroll and set a new Monthly-Income Goal. Using the Formula, you would divide your new Personal Betting Bankroll (in this case, $2,000) by 4 for your new Monthly-Income Goal ($500), which you divide again by 4 to get your new Series Total ($125), from which you calculate your new Series (50-25-50).


11) Remember to keep track of all your bets using the Chart at the end of this chapter.



The Proof


As long as you follow the simple rules of The Set Monthly-Income System, you can make a regular monthly “paycheck” by betting on sports if you can pick at least 26% winners. All you need to do is stay disciplined, don’t over-bet your Bankroll and do your homework on all the games.


But, let’s face it, if you pick 26% winners on a regular basis, you’re not much of a gambler. Hopefully, you pick up to 50% or more winners. Still, in the “Crunching the Numbers” section below, there is proof in black and white that you can indeed profit by picking just a little better than 1 in 4 winners.


Here, however, let’s look at the kind of profit you can make by picking a more reasonable -- and expected -- number of winners, say 14 of 30 (for a winning percentage of .466). At the same time, it gives you the chance to make sure you understand how the System works, step by step.
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Old 12-20-07, 04:20 PM
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and going.....

Bet # - Series – Bet To Win – W/L – Series Profit $ - Net Profit $



1 40-20-40 88-80 lose -88 -88

2 69-49-69 152-138 win +138 +50

3 49 54-49 lose -54 -4

4 103 113-103 win +103 +99



Because you lose your first wager in an attempt to eliminate the 2 outside numbers in the 40-20-40 Series, you move up to the next Series, 69-49-69, and wager $152 to win $138. This pick is a winner, netting you an overall profit of $50, even though your record is just 1-1 (or .500). Now you try to eliminate the remaining 1 inside number, but lose in your first wager attempt before winning the second wager, adding $99 to your Bankroll for picking just 2 winners and 2 losers (again, .500). Because your goal is achieved, you start over at the beginning with another Series of 40-20-40.




Bet # - Series – Bet To Win – W/L – Series Profit $ - Net Profit $



5 40-20-40 88-80 win +80 +179

6 20 22-20 lose -22 +157

7 42 46-42 lose -46 +111

8 88 97-88 lose -97 +14

9 185 204-185 win +185 +199



You score an immediate win with your first wager, eliminating the 2 outside numbers, but then it takes you 4 bets to eliminate the remaining 1 inside number, which grows from 20 to 185. Still, your $204 wager wins you $185, which puts you up $199 after 9 bets and a mediocre record of 4 wins and 5 losses. At this pace, picking less than 50%, you’ll still make about $800 for the month. Again, you start over with a Series of 40-20-40, your goal of 2 wins achieved.




Bet # - Series – Bet To Win – W/L – Series Profit $ - Net Profit $



10 40-20-40 88-80 lose -88 +111

11 69-49-69 152-138 lose -152 -41

12 120-100-120 264-240 win +240 $199

13 100 110-100 lose -110 +89

14 210 231-210 win +210 +299



Despite losing 2 wagers in a row to start the new Series, you win every penny back with the win on Wager #12. Then it takes just 2 bets to eliminate the inside number and put your Bankroll up $299 with a 6-8 record (or .428) about halfway through the month. Your goal achieved, you start over.




Bet # - Series – Bet To Win – W/L – Series Profit $ - Net Profit $



15 40-20-40 88-80 lose -88 +211

16 69-49-69 152-138 lose -152 +59

17 120-100-120 264-240 win +240 +299

18 100 110-100 win +100 +399



As you notice once again, a win after 2 consecutive incorrect picks recoups all your losses, and in this case a follow-up win adds another $100 to your Bankroll, putting you ahead by $399 after picking 8 winners and 10 losers (or .444). Again, start over.



Bet # - Series – Bet To Win – W/L – Series Profit $ - Net Profit $



19 40-20-40 88-80 win +80 +479

20 20 22-20 win +20 +499



This is the ideal outcome, when you eliminate the 2 outside numbers and the 1 inside number with just 2 total bets. Add another $100 to your Bankroll, giving you a whopping $499 profit for the month despite picking just 10 winners in 20 picks (or .500). Note that by betting the same amount on each wager, say $88, you would be -$80 now, a staggering difference of -$579. Again, therein lies of the power of money-management in general, and The Set Monthly-Income System in particular. Let’s keep going.




Bet # - Series – Bet To Win – W/L – Series Profit $ - Net Profit $



21 40-20-40 88-80 win +80 +579

22 20 22-20 lose -22 +557

23 42 46-42 lose -46 +511

24 88 97-88 lose -97 +414

25 185 203-185 lose -203 +211

26 388 427-388 win +388 +599


After winning your first wager and eliminating the 2 outside numbers, you suffer an 0-4 skid, but then right yourself with a big win on Bet #26. This adds $388 to your Bankroll and puts you up $599 for the month so far, after picking 12 winners and 14 losers (or .462). Let’s play out the month and see how much profit you make.




Bet # - Series – Bet To Win – W/L – Series Profit $ - Net Profit $



27 40-20-40 88-80 win +80 +679

28 20 22-20 lose -22 +657

29 42 46-42 lose -46 +611

30 88 97-88 win +88 +699



Finishing a respectable 2-2, you add $100 to your Bankroll for an overall profit of $699 for the month after picking 14 winners and 16 losers (or .466). At this point, you add the $699 to your Personal Betting Bankroll, making it $2,299. That means your new Monthly-Income Goal is $575, your new Series Total is $140, and your new Series can be either 50-25-50 (to play it conservative) or 60-30-60 (to risk a little more).


Whichever you choose, you must admit the power behind The Set Monthly-Income System is astonishing -- in what other line of work can you name your own salary and expect to get paid so well for being right less than half the time?
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Old 12-20-07, 04:21 PM
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Finished:

Tips


1) Use this System to bet primarily against the spread on football, basketball and any other sports for which the odds will be 11-10.


2) Because Actual Wager Amounts can become big in a hurry if you go on a losing streak, make sure you set your Series realistically and use this System with your best bet(s) of the day.


3) If your Bankroll permits, run several Series simultaneously. If you regularly have 3 strong picks a day, for example, by running 3 modest Series of 40-20-40, you can make $1,200 in profit per month by picking just 26% winners.


4) If you like betting on baseball and hockey -- or any sports in which the moneyline is available -- you can use the Parlay Version of this same System. Read the next chapter for all the details.


5) If the potentially high Actual Wager Amounts in this System worry you, then you can also use the Parlay Version of this same System, which requires you to risk less money and pays off more handsomely. Just make sure you wager using your best bets of the day, since the Parlay Version requires you to hit 2 consecutive games in the same wager, so in effect you must win 4 bets to eliminate each Series, not just 2 bets. Again, read the next chapter for more information.


6) Don’t forget to religiously track your bets using the handy Chart at the end of this chapter.



Crunching the Numbers


Sure, you say, I see I can make great money by picking 14 winners in a month, but what about that promise that I can profit by picking just 8 winners out of 30 picks?


Just so you have no doubts about being able to pick slightly better than 1 in 4 winners and still make money using this System, let’s go through an entire hypothetical month in which you wager just 1 game a day, picking just 8 winners in an entire month. Note that the Actual Wager Amounts can begin to get large, but then again that’s the only way your few winning picks can not only recoup your losses but net you substantial profits.




Bet # - Series – Bet To Win – W/L – Series Profit $ - Net Profit $



1 40-20-40 88-80 win +80 +80

2 20 22-20 lose -22 +58

3 42 46-42 lose -46 +12

4 88 97-88 lose -97 -85

5 185 203-185 lose -203 -288

6 388 427-388 lose -427 -715

7 815 897-815 win +815 +100



As you see, you quickly eliminate the outside 2 numbers with an immediate win, yet it takes you 6 wagers to post your next win and eliminate that elusive 1 inside number. Still, after going 2 wins and 5 losses, you are already up $100. If you can maintain this winning percentage of .286, you’ll collect more than $400 profit in just 1 month. You now start over at the beginning with a new Series of 40-20-40 since your goal’s achieved.




Bet # - Series – Bet To Win – W/L – Series Profit $ - Net Profit $



8 40-20-40 88-80 lose -88 +12

9 69-49-69 152-138 lose -152 -140

10 120-100-120 264-240 lose -264 -404

11 208-188-208 457-415 win +415 +11

12 188 207-188 lose -207 -196

13 395 435-395 lose -435 -631

14 830 913-830 lose -913 -1,544

15 1,743 1,917-1,743 win +1,743 +199



This Series, you start with 3 consecutive losses before finally eliminating the outside 2 numbers. Then it takes you 4 more picks to eliminate the inside 1 number. Somehow, by going 2 wins and 6 losses, you add $1,743 to your Bankroll and are now up $199 by posting a record of just 4 wins and 11 losses (or .266, the precise minimum percentage required to meet your Monthly-Income Goal).




Bet # - Series – Bet To Win – W/L – Series Profit $ - Net Profit $



16 40-20-40 88-80 lose -88 +111

17 69-49-69 152-138 lose -152 -41

18 120-100-120 264-240 lose -264 -305

19 208-188-208 457-415 lose -457 -762

20 360-340-360 792-720 win +792 +30

21 340 374-340 lose -374 -344

22 714 785-714 lose -785 -1129

23 1,499 1,649-1,499 win +1,499 +370



This time, you go 0 wins and 4 losses before picking up a crucial win on Bet #20 to eliminate your 2 outside numbers. Two losses later, you eliminate the inside number with a big win, cashing in for $1,499, which leaves you ahead $370 after picking just 6 winners in 23 tries (for a winning percentage of .261).




Bet # - Series – Bet To Win – W/L – Series Profit $ - Net Profit $



24 40-20-40 88-80 lose -88 +282

25 69-49-69 152-138 lose -152 +130

26 120-100-120 264-240 win +240 +370

27 100 110-100 lose -110 +260

28 210 231-210 lose -231 +29

29 441 485-441 lose -485 -456

30 926 1,019-926 win +926 +470



What surely is one of your worst gambling months is over -- you pick just 8 games correctly out of 30 for a winning percentage of .266 -- but you still make more than $470. That’s the power of The Set Monthly-Income System. Make it work for you, maybe even eliminating your need to work a “real job” for a living.



Summing It All Up


Wouldn’t it be nice to know that you can have $400 extra each month to dine out, go on weekend getaways or even make your car payment, just by being able to pick a decidedly sub par 26% winners on sporting events?


The Set Monthly-Income System can enable you to do that. The mathematical laws behind it guarantee that if you can pick just 8 winners in 30 games, you can walk away with a $400 profit. All you need is to follow the System and show discipline in setting your Bankroll and Series Amounts.


While the Program may seem complicated at first, you’ll be doing it without thinking in just a few days. Here’s a quick overview of the System that could bring you up to $15,000 a month or more in gambling profits, like it does me and my professional gambling colleagues:



1) Set your Monthly-Income Goal by dividing your Personal Betting Bankroll by 4, in this case $1,600 divided by 4 = $400.


2) Determine your Series Total by dividing your Monthly-Income Goal by 4, in this case $400 divided by 4 = $100.


3) Calculate your Series by breaking your Series Total into 3 numbers so that the first and third numbers are equal, and so that the second number is half the value of the first and third numbers, in this case 40-20-40.


4) Make a straight wager in an attempt to eliminate the combined total of the 2 “outside” numbers of the 3-number Series (or 40 + 40), in this case an $88 bet to win $80.


5) If you win the first wager, you eliminate the 2 outside numbers in the Series and are left with just the 1 “inside” number, in this case 20. Make a straight wager (in this case, $22 to win $20) in an attempt to eliminate it and achieve your goal, at which point you start over at the beginning with a new 40-20-40 Series.


6) If you lose a wager trying to eliminate these or any 2 outside numbers, divide the previous Actual Wager Amount evenly over the remaining Series Amounts in the Series. In this case, if you lose the 1st wager, divide 88 by 3 and add the resulting 29 to each amount in the 3-number Series, making your new 3-number Series 69-49-69, and your next Actual Wager Amount $152, in an attempt to win $138 (or 69 + 69).


7) If you lose a wager trying to eliminate your original (or any) 1 inside number, add the previous Actual Wager Amount to the previous Series Amount in the Series. In this case, add 22 to 20, making your new 1-number Series 42, and your next Actual Wager Amount $46, in an attempt to win $42 (or 22 + 20).


8) Continue betting, seeking to eliminate first the 2 outside numbers of any given Series with an initial wager, then the 1 inside number with another wager. Once you win 2 bets, eliminating both 2 outside numbers and 1 inside number, start over.


9) Bet a full month in this fashion, picking at least 26% winners to earn your Monthly-Income Goal.


10) At month’s end, roll your profits (in this case, at least $400) into your Personal Betting Bankroll and set a new Monthly-Income Goal. Using the Formula, you would divide your new Personal Betting Bankroll (in this case, $2,000) by 4 for your new Monthly-Income Goal ($500), which you divide again by 4 to get your new Series Total ($125), from which you calculate your new Series (50-25-50).
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Old 12-20-07, 05:38 PM
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Re: Wagering System:

If i had any idea what the hell you were talking about it, i would be on this in a minute. lol

Now, if someone can just teach this to me as if i were in preschool then i would be all good

Just kidding!!!!!!!!!

But seriously

my only question is this

If i wanted to make let say $1000 a month, $2000, what the hell $5000 a month

What kind of bankroll would i need to make that possible with your system
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Old 12-20-07, 05:48 PM
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Re: Wagering System:

Great, Great stuff Doc. This needs to be stuck up top. Thank you for this - I think many folks can benefit from this for sure.
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Old 12-20-07, 05:52 PM
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Re: Wagering System:

thanks doc for the system. any way that you can post the parlay version ? i am very interested in that one. thanks
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Old 12-20-07, 05:57 PM
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Re: Wagering System:

This is a variation of the system I use in my betting. Hence I like it. What I do is very similar.
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Old 12-20-07, 06:12 PM
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Re: Wagering System:

How cool would it be to combine this wagering system with Merricks 2007-2008 NBA Road System?

I think we might be on to something
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Old 12-20-07, 06:51 PM
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Re: Wagering System:

Thanks Doc. I'd love to hear the parlay version if you have the time.
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Old 12-20-07, 08:24 PM
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Re: Wagering System:

You folks are welcome for the post. I'll post the parlay version shortly. One thing to remember is that version is mainly for moneyline wagers in sports like baseball and hockey.

Cubfan it is made for things like the NBA road system.

If anyone is good at making a single game daily wager then it work with that. I think our very own IC has a play of the day on a free page or e-mailed to you that has been on a good run for several months now. If you can find things like that, or do your own handicapping then you can make it work.

One mainthing if folks decide to use it is to be patient. If you don't really like a play that day then just pass using this system for that day.

Another thing you can do instead of using one play and putting the pressure on you for "A Play A Day", and if you have the bankroll you can break it into sections.

Like myself I usually play around 7 to 10 plays a day. Say I have $16,000 bankroll I can have ten sets of $1,600. If I cash on all ten in a month that would be $4,000/month for myself.

Quote:
cubfan2121 If i wanted to make let say $1000 a month, $2000, what the hell $5000 a month

What kind of bankroll would i need to make that possible with your system
For a $1,000/month you'd need a bankroll of $4,000.

For $2,000/month you'd need a bankroll of $8,000.

For $5,000/month you'd need $20,000.

So whatever amount a month you want to make just multiply that times 4 and that is the bankroll you need.

Peace

Doc
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Old 12-20-07, 10:46 PM
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Re: Wagering System:

That is some kick a-s stuff right there Doc.

Make money on a bad win % is something else boy.

I knew you had to have a thing or two up your sleeve by the way you have replied to me in posts.
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Old 12-20-07, 10:52 PM
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Re: Wagering System:

So basically, this system will ALWAYS work unless you lose 5 games in a row?? What happens when you start the month on an 0-5 cold streak? Or actually, I think the math adds up at $100 series's, if you lose your first four you are down $961 and have like $700 or so left in the BR..



Doc, have you ever lost the first 4 or 5 of the month in a row? Then what?
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Old 12-20-07, 10:53 PM
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Re: Wagering System:

By the way Cuban the system you refer to as the road system is actually mine just check the post.

I do hang my hat on that and always will regardless of what anyone thinks of it.

Systems like that one and Doc's can make a loser into a winner and a good player like Doc said a salary and a winner into a cash machine.
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Old 12-20-07, 11:02 PM
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Re: Wagering System:

just use your head and manage your money as well as be patient and not a DEGENERATE and all will be well.
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Old 12-20-07, 11:43 PM
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Re: Wagering System:

Sorry there big fella
didnt mean to cheat you of your props

nice system by the way
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Old 12-21-07, 12:06 AM
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Re: Wagering System:

Quote:
Originally Posted by kennedando View Post
So basically, this system will ALWAYS work unless you lose 5 games in a row?? What happens when you start the month on an 0-5 cold streak? Or actually, I think the math adds up at $100 series's, if you lose your first four you are down $961 and have like $700 or so left in the BR..



Doc, have you ever lost the first 4 or 5 of the month in a row? Then what?
Well that's the catch. You have to look for strong plays such as BigFellas NBA road system that is time tested.

Another approach during college basketball season is to find sites that have betting percentages. Such as the sportsbook, wagerline, and others. If you follow the numbers and find the games that have 80% on one side and the line NEVER goes with the public at ANY shop at ANY TIME then bet the lesser bet side. I'd personally watch crediable sites that have actual betting figures. Anyway losing five times in a row would be rare. Also if doing this I'd wait till the last possible minute before betting. Plus this doesn't happen every day, but it happens enough to get eight wins out of it. Usually you'll see a couple (at least one) every Saturday.

Another one is to bet a CBB game when an unranked team is favored over a ranked team. You won't see many losing streaks using this one as well.

To answer your question "what if you lose five in a row"? If that happens there are four things you could do.

You either postup more in your betting account, or you would rob from the other series (if you have more than one, and I wouldn't recommend this).

The third option is to either call it a loss and use the other series going foward to either build the losing series back up, or just keep cashing with the remaining series.

So if you started with five series running at $400/month and one has gamblers ruin instead of making $2000/month you'd be making $1,600/month. You could pull some each month from the profits to build it back up to get you at $2,000/month. While still cashing with the remaining profits.

So say your goal is five series at $1,600 each for $2,000 a month (5 series looking for $400/month). One series goes broke, but the other four thrive for $1,600. Now you could call this a profit of $1,600 and poket it, or you could pocket $1,200 and set aside $400 to start the build back up to get back what you lost in the losing series. I'd pull a little each month aside for insurance when the losing streak hits you can grab some from the cookie jar. Say instead of pocketing $2,000 a month you could pull a $100 from each profitable seires $500 to cover a rainy day (if one happens). It wouldn't take but a couple months to have some stashed.

One thing to note one series could be done in say a week and half (all you need is eight wins). So you could start that series back up since the month isn't over with that 's up to you.

It's kinda like running a business you'll have ups and downs, but proper management will keep you in the black every 12 months, or however long you play.

Patience, Patience, and more Patience.

Doc
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