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| Posted By : bigboydan - 4/6/2005 6:21 PM |
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are you an aggressive bettor. or, a conservitive type bettor.
i'd like to know some theroies on how you change your betting habbits when your on either a winning streak or
a losing streak.
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| Posted By : TOW - 4/6/2005 6:23 PM |
| I must admit I am a degenerate when it comes to black jack......but my idea of degenerate is that i budget my max loss and eventually chase till I've used it all up. I'd never chase after that. |
| Posted By : drunkguy - 4/6/2005 7:02 PM |
generally bet 1% of bankroll per play, will occasionally go up to 4-5%
I would recommend most people use a flat betting scheme
If you are in a situation where you can ACCURATELY estimate your edge, you can increase your wagers in proportion to your edge. Unfortunatley most people do not have a good enough handle on their expectation to do so.
I base my % only on the amount of money I have offshore. In other words I completely segregate my "bankroll" for other finances, and believe this is the best way to do it. Even when wagering on credit, I still make plays in proportion to that bankroll.
I don't bother with "streaks", either winning or losing. |
| Posted By : bigboydan - 4/6/2005 9:11 PM |
im not an aggressive type bettor at all. but, i'm not a conservitive either. i bet according to info i aquire.
if the info is top notch info, i bet it accordingly. if not, i will stick with a standard size bet. but, will not chase betting games but, will chase when i'm in a casino at the craps tables and or the track. |
| Posted By : bigboydan - 7/29/2005 7:22 PM |
at this point in the baseball season, has your money management policies changed any and, if so how.
a good capper is only as good as his info.
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| Posted By : RPM - 7/29/2005 7:50 PM |
| usually its best to stick with a percentage of your bankroll. as your roll goes up, so does your wager amount. |
| Posted By : Shaun - 7/29/2005 8:34 PM |
I feel it is best to decide on a system and ride it out for the entire season. Decide my bankroll, break the roll into 1% units, and wager 1 unit per bet, no exceptions. Streaks never effect my bet amount.
Manage the Book, not the Player
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| Posted By : drunkguy - 7/29/2005 11:26 PM |
Shaun said...
I feel it is best to decide on a system and ride it out for the entire season. Decide my bankroll, break the roll into 1% units, and wager 1 unit per bet, no exceptions. Streaks never effect my bet amount.
EXACTLY what I do
1% plays, I have a mechanical system I use
If I add any plays, I keep them at 1% too
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| Posted By : asabace - 7/30/2005 12:07 AM |
| i agree with Shaun and DG stick with a system, i also like to go on due factors |
| Posted By : RPM - 7/30/2005 12:18 AM |
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asabace,
due factor isnt really that great an idea imo. its like betting black on roulette because red has come up 15 times in a row. the wheel doesnt care what color comes up.....
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| Posted By : bigboydan - 7/30/2005 1:33 AM |
asabace, using the "due factor" type logic could leave you in the poor house.
the best example of this type of theroy is san diego because, they lost something like 8 straight before snapping there losing streak.
a good capper is only as good as his info.
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| Posted By : asabace - 7/30/2005 7:08 AM |
ya the due factor in a casino will have you chasing, ive learned my lesson
lets take florida for example in baseball, as of last week they just went on a streak of 10 in a row overs, with their pitching staff you know that wasnt going to last, i guess you just have to pick your spots |
| Posted By : asabace - 7/30/2005 7:10 AM |
| whats your advice...ride the streak...break the streak or lstay away from it altogether? |
| Posted By : bigboydan - 7/30/2005 7:16 AM |
i would either ride the streak or back off the streak personaly.
a good capper is only as good as his info.
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| Posted By : RPM - 7/30/2005 2:08 PM |
| DEPENDS on when you catch the streak. if a team has already won 10 in a row, i'd leave it alone. if I just happened to catch it from the first game, i'll ride it out. |
| Posted By : bigboydan - 7/30/2005 5:23 PM |
RPM said...
DEPENDS on when you catch the streak. if a team has already won 10 in a row, i'd leave it alone. if I just happened to catch it from the first game, i'll ride it out.
well, what about betting into a losing streak RPM
when do you feel it's safe to bet against one, if at all ?
a good capper is only as good as his info.
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| Posted By : RPM - 7/30/2005 8:40 PM |
| Same thing. if i catch it early, ill ride it. if not, i leave it alone. |
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