Football Money Management System : ...

[Kramer]

Grin and ‘Bare’ Your Monthly Budget


If you can honestly say you know, without having to check your personal records, exactly how much money you have left over each month after all your living expenses are paid, you are exactly the kind of person who will do wonderfully as a disciplined gambler.

Congratulate yourself and move down to the next section, where you’ll set your Personal Betting Bankroll.


However, if you have no idea how much money you have going out each month for all your personal bills, don’t be discouraged. You’ve got plenty of company. You’d be surprised how many people -- even extremely wealthy ones -- have never sat down and drawn up a personal budget.


In a way, they’re like gamblers who use no money-management technique. They live week to week, paycheck to paycheck, spending as urges and whims come and go, content not to know the potentially scary truth of their financial situation as long as there is some money in the bank and room on their credit cards.


let’s quickly determine your monthly budget so you’ll know how much of a beginning Bankroll you have to play with.
It takes only about 15 minutes -- whether you’re one of the
middle-class masses or a multimillionaire -- and it can only help your personal and gambling life to know exactly where you stand financially.


To complete your personal budget, fill in the Chart at the end of this chapter. Simply write in dollar amounts next to each of the monthly budget categories, making sure they’re all accurate monthly figures. For instance, if you spend $125 a week on groceries and dining out, make sure you put $500 in that category, assuming a 4-week month.



Also, if you have expenses such as taxes or insurance that you pay quarterly or yearly, don’t forget to divide them by the number of months in the quarter or year, and then include them as well as monthly expenses, so you don’t come up short when those bills come due.


Note that if any of your expenses are taken out of your paycheck before you receive it, don’t deduct them. We’re trying to determine your monthly “Total Disposable Income,” or what’s left of your paycheck after you pay all of life’s “little” essentials.
When the Chart is filled out, you’ll be able to subtract your combined monthly expenses from your monthly income and be left with your Total Disposable Income.


Betting a Safe and Secure Bankroll


Whether you’ve just outlined your personal budget for the first time or knew all along where all your dollars and cents were going each month, you’re now able to set your Personal Betting Bankroll.



Take a look at your monthly Total Disposable Income, the amount left over after you’ve paid all the items on your personal budget -- from the mortgage to the car payment to the kids’ college fund.

Now take that dollar figure and cut it by 50%. If you have that dollar figure right now in your dresser drawer, your savings account or your wallet, whether it’s $200 or $20,000, you’ve established a good, safe amount for your beginning Personal Betting Bankroll.
1 month’s Total Disposable Income divided by 2 = your Personal Betting Bankroll.


What’s the remaining 50% for, you ask? The unexpected. The last thing you want to do is risk losing the money needed to take care of life’s little emergencies -- like car repairs and unexpected doctor’s bills -- because the Knicks end up losing to the Celtics.



If you don’t have half a month’s Total Disposable Income available right now to start betting with, divide it in half again, which should give you one week’s pay -- after all your personal expenses -- and make this number your Personal Betting Bankroll. That way, you can keep reading and be ready to bet safely and responsibly after you cash your next paycheck and pay all your bills, using just 25% of your Total Disposable Income.


Saving for a Rainy Day at the Sportsbook


Now that you’ve set your Personal Betting Bankroll, put it safely aside either at home or in a bank account (if you’re betting with your local neighborhood bookie), or in 1 or more reputable online sportsbook accounts (if you’re betting on the Web).


As you’ve undoubtedly gathered by now, my entire approach toward helping you make money via sports betting is to have you gamble smartly, conservatively and according to my 12 Money-Management Programs, which utilize proven mathematical certainties to help steadily build your Bankroll.


In keeping with this, I am going to have you take your Personal Betting Bankroll and divide it evenly into 4 equal “Betting Blocks.” For example, if you’re starting with a Personal Betting Bankroll of $1,600 (based on a portion of your Total Disposable Income), break it into 4 equal Betting Blocks of $400 each.

$1,600 Personal Betting Bankroll divided by 4 = Betting Blocks of $400 each.


Rather than risk your entire Bankroll right off the bat, you’ll begin putting a calculated portion of your $400 Betting Blocks on each bet. These bets are hereafter referred to as “Series Amounts,” since all my Programs provide preset “Series,” or a specific number of wagers, for you to make.


Divvying up your Personal Betting Bankroll into Betting Blocks from which you’ll set your Series and Series Amounts prevents you from ever losing everything during an unfortunate losing streak. Knowing that you have substantial “reserves” in your Bankroll, and that you must only win as few as 1 in 8 parlays and slightly better than 1 in 4 straight bets in a Series to make a profit with my 12 Money-Management Programs, you’ll bet calmly, with a clear head.


Of course, just because I have selected $1,600 as a possible beginning Bankroll and $400 as the natural Betting Blocks for this Bankroll doesn’t mean you should automatically set your Bankroll and Betting Blocks at these amounts.



Your budget may warrant a lower or higher Bankroll and Betting Blocks, which you should set according to the budget and monthly Total Disposable Income numbers you’ve determined for your own specific financial situation.
For consistency in betting examples throughout this book, however, I always will be using $1,600 as a Personal Betting Bankroll and $400 as Betting Blocks.

I’ll also be setting your betting “Series,” the preset number of wagers in any given System, and your “Series Amounts,” the dollar figure you’ll wager, precisely so that you’re “guaranteed” to make a profit and protect your Bankroll by picking a reasonable amount of winners.


Don’t Lose Sleep or Your Bankroll


To show you why it’s so important to both set a reasonable Personal Betting Bankroll and to divide it up into 4 equal Betting Blocks, let’s take a peek ahead at Program #1,

The 2-6 Straight Bet System.


The 2-6 Straight Bet System requires that you win a minimum of just 2 wagers in every 6 bets made in a Series, and pre-calculates your “Series” of wagers at $11, $22, $44, $66, $88 and $132. In other words, your “Series Amounts,” or the dollar figure you will be wagering or attempting to win, will be
11-22-44-66-88-132.


Don’t be alarmed if this doesn’t make complete sense to you right now. It will when I go into full detail about how Program #1,


the 2-6 System, makes you steady profits if you win just 33% of your wagers. For the moment, however, I’m interested only in your understanding how dividing up your Personal Betting Bankroll into Betting Blocks prevents you from losing everything.




Say, for example, you make 1 bet a day for 6 days utilizing Program #1 and have a horribly unlucky week, losing all 6 wagers. (Remember, your goal is to win at least 2 of every 6 bets.) By going 0-6, you lose a total of $363 -- but since you’ve set your Personal Betting Bankroll at $1,600 and your Betting Blocks at $400, you’ve still got more than 75% of your original Bankroll left to win your way out of the slump.



It’s important to understand that, unlike stupidly “chasing your losses” with huge bets, my 12 Money-Management Programs use mathematical “Formulas” based on easy-to-hit minimum winning percentages to ensure that you steadily recoup your losses, and then some.


Watch as Your Bankroll Builds


Rather than merely “protecting” your Bankroll, my 12 Money-Management Programs have been designed to build on it steadily and consistently.
Assuming you can hit 26% or more winners on straight bets or 12% or better on 2-team parlays, you’ll see your Bankroll growing in no time. Using the example of a $1,600 Personal Betting Bankroll above, when you have won enough to roll $400 in winnings back into your Bankroll, it will then be worth $2,000. At that point, you will divide it into 4 equal Betting Blocks of $500 each.
This way, you can start wagering a little more on your plays.

For example, The 2-6 Straight Bet System that began with a betting Series of

11-22-44-66-88-132
increases when your Betting Blocks move from $400 to $500 to a betting Series of
22-44-88-132-176-264,
which once again allows for substantial profits while risking relatively little, even if you go on the occasional 0-6 losing streak.
I suggest that you take no money out of your Personal Betting Bankroll for the first year. That way, it increases substantially and you will be making big bets -- and big profits. Of course, there’s no reason you must raise the amount of your Betting Blocks or can’t “withdraw” profits from your Personal Betting Bankroll as it grows.


You can reward yourself by dipping into some of your winnings, keeping your original Personal Betting Bankroll amount the same. Or, whenever you feel comfortable with my Programs, you can increase your Betting Blocks -- and your expected profits.
If you do raise your Betting Blocks to $500 each and steadily make winning bets that double that amount, then your Personal Betting Bankroll will now be worth $2,500, and you can divide your 4 Betting Blocks into $625 each. At that point, you’ll likely want to increase your betting series as well to
44-88-176-264-352-528.


Just as you increase the amount of your Betting Blocks when you double your money, if you happen to lose an entire 6-bet Series, simply divide the resulting Personal Betting Bankroll total by 4 and set up a new Betting Block amount with new Series Amounts.
For example, if you had a Betting Block of $625 and lost 6 consecutive bets, your Personal Betting Bankroll would then be $1,875 and you’d have 4 equal Betting Blocks of about $470 each. With that total, you would want to drop your Series back to
22-44-88-132-176-264.


Summing It All Up


Setting and building on your Personal Betting Bankroll is as easy as 1-2-3-4-5:
1) Determine your Personal Betting Bankroll, making sure that it is no more than 25% to 50% of a single month’s Total Disposable Income.
2) Divide your Personal Betting Bankroll into 4 equal Betting Blocks.
3) Bet just a portion of any Betting Block on any single wager, using Series Amounts dictated by my 12 Money-Management Programs and their Formulas.
4) Roll all your winnings back into your Personal Betting Bankroll, so it builds steadily.
5) Every month or so, evaluate your Personal Betting Bankroll, and increase your 4 Betting Blocks if you feel comfortable doing so.
Now that you’ve set your initial Personal Betting Bankroll and the dollar total of your 4 Betting Blocks, it’s time to become intimately acquainted with my 12 Money-Management Programs.
Once you decide which of my 12 ways to beat your bookie you like the most, you can start making winning wagers, and build your Bankroll.
PERSONAL BUDGET (MONTHLY)
MONTHLY INCOME
Take-Home Pay (After Taxes) $
+
All Other Income (Government, Family, Investments) $
=
__________________________________________________ __________
A) TOTAL MONTHLY INCOME $
MONTHLY EXPENSES
Home
Total Rent(s) and/or Mortgage(s) $
+
Second Mortgage(s) $
+
Property Taxes $
+
Utility Bills (Electric, Gas, etc.) $
+
Home Maintenance and Repairs (Gardening, etc.) $
+
TVs and Computers (Cable, Satellite, DSL, etc.) $
+
Telephones (Home and Cellulars) $
+
Renter’s or Homeowner’s Insurance $
=
__________________________________________________ __________
B) MONTHLY HOME SUBTOTAL $
Health and Children
Healthcare (Insurance, Doctor’s Visits, Medicines, etc.) $
+
Childcare (Centers, Babysitters, Diapers, etc.) $
=
__________________________________________________ __________
C) MONTHLY HEALTH & CHILDREN SUBTOTAL $
Schooling
Tuitions (For Entire Family) $
+
School Loan(s) Payments $
=
__________________________________________________ __________
D) MONTHLY SCHOOLING SUBTOTAL $
Car and Other Vehicles
Vehicle Payments (All Loans and/or Leases) $
+
Insurance Payments (For All Vehicles) $
+
Fuel (Gas, Diesel, etc.) $
+
Repairs/Service (Tires, Tune-ups, Oil Changes, etc.) $
+
Public Transportation (Bus, Taxis, etc.) $
=
__________________________________________________ __________
E) MONTHLY VEHICLES SUBTOTAL $
Food
Groceries $
+
Dining Out $
=
__________________________________________________ __________
F) MONTHLY FOOD SUBTOTAL $
Entertainment and Incidentals
Entertainment (Movies, Nightclubs, etc.) $
+
Travel (Getaways and Vacations, etc.) $
+
Publications (Papers, Magazines, Books) $
+
Miscellaneous Spending Money $
=
__________________________________________________ __________
G) MONTHLY ENTERTAINMENT SUBTOTAL $
Financial
Deposits to Accounts (Savings, Money Market, etc.) $
+
Other Investments (Stocks, bonds, etc.) $
+
Donations (Charitable, Religious, etc.) $
+
Personal Loans (not previously listed) $
+
*Credit Card Payments (Total of all cards) $
=
__________________________________________________ __________
H) MONTHLY FINANCIAL SUBTOTAL $
Professional
Legal Expenses $
+
Accounting Expenses $
=
__________________________________________________ __________
I) TOTAL PROFESSIONAL SUBTOTAL $
Other
Miscellaneous Expenses (Emergency Fund, etc.) $
__________________________________________________ __________
J) MONTHLY MISCELLANEOUS SUBTOTAL $
DETERMINING YOUR TOTAL DISPOSABLE INCOME (MONTHLY)
Now that you’ve calculated all your monthly income and expenses, it’s a matter of simple subtraction to determine your Total Disposable Income. Use the subtotals from above to subtract all your monthly expenses from your total monthly income.
A) TOTAL MONTHLY INCOME $
-
B) MONTHLY HOME SUBTOTAL $
-
C) MONTHLY HEALTH/CHILDREN SUBTOTAL $
-
D) MONTHLY SCHOOLING SUBTOTAL $
-
E) MONTHLY VEHICLES SUBTOTAL $
-
F) MONTHLY FOOD SUBTOTAL $
-
G) MONTHLY ENTERTAINMENT SUBTOTAL $
-
H) MONTHLY FINANCIAL SUBTOTAL $
-
I) TOTAL PROFESSIONAL SUBTOTAL $
-
J) MONTHLY MISCELLANEOUS SUBTOTAL $
=
__________________________________________________ __________
TOTAL DISPOSABLE INCOME (MONTHLY) $
Note that for our purposes, you are going to take no more than 25% to 50% of your personal Total Disposable Income figure above and use it for your Personal Betting Bankroll. Read more about this in Chapter 2.
* While I am not a certified financial advisor, I believe most professionals in the field would urge you to pay off credit cards as quickly as possible, not merely make the minimum monthly payments, since interest and finance charges can accumulate, limiting your disposable income and hurting your overall financial health.
Chapter 3
Program #1
THE 2-6 STRAIGHT BET SYSTEM

Keeping the Customer Satisfied


A big part of any sportsbook manager’s job is making sure the regulars and high-rollers are kept happy.

This involves a good amount of schmoozing and an even greater amount of “comps” -- complimentary meals, hard-to-score show tickets and plush hotel suites.
The idea is to keep them in -- or coming back to -- your hotel and casino, because the longer they play, the better the odds they’re ultimately going to lose.
After working for a while at the Rio and Desert Inn sportsbooks, I noticed that a small percentage of these regulars -- and I do mean small, about 2% -- seemed to defy the odds and win on a consistent basis. At first, I thought they may just be lucky.
Then it occurred to me -- they weren’t lucky. They were smart. They were “betting wise.”
Loose Lips Sink Bookies’ Ships


So I made it my personal mission to find out what these players knew that other gamblers -- and even a sportsbook manager like me -- didn’t. Zeroing in on a longtime regular at the Desert Inn named Ed, I approached him one day with some small talk and a fistful of comps. He remembered me from the “old days” at the Rio, and we spent the afternoon reminiscing.
Finally, I got up the nerve and asked him: “How are you doing it?” He eyed me for a moment and then smiled. Very few people who are great at what they do can resist talking about it. And even fewer can keep a secret.
So he grabbed a cocktail napkin and a pen and showed me one of the simplest, most brilliant money-management strategies in the history of gambling. An old-timer from back East had taught it to him years before, and he’d since been using it to make big money. I’m now going to show it to you.


The Set-Up


For the purposes of examples, all bets are straight bets on which you will be laying $11 to win $10 (or multiples thereof), the standard odds against the spread on basketball and football games, unless otherwise noted.

The Program

The brilliant beauty of The 2-6 Straight Bet System is that you can win just 2 of any 6 bets (for a winning percentage of .333) in a Series and still attain a profit.

Additionally, your wagers, or “Series Amounts,” are predetermined, so there’s no guesswork regarding how much to lay on a particular game.


In The 2-6 Straight Bet System, you are going to make a Series of up to 6 bets, in the pre-calculated amounts of $11, $22, $44, $66, $88 and $132.
You will bet 1 or 2 games at a time in the Series, moving up to the next Series Amount after each bet. When you achieve your goal of just 2 total wins, you roll your profits back into your Personal Betting Bankroll and start over at the beginning if you’d like.
For example, to begin, make 1 wager in the Series Amount of $11, or 2 wagers, 1 in the Series Amount of $11 and the other in the Series Amount of $22. If you win both bets, your goal is attained and you add your profits to your Bankroll. If you win just 1 wager of the 2, however, you can bet only 1 game at a time thereafter, since you are seeking just 2 total wins anywhere in the Series of up to 6 wagers.


Say, for instance, you win your first wager for $11, then lose bets in the subsequent Series Amounts of $22, $44, $66 and $88. Then you win your final wager in the Series, for $132, reaching your goal of only 2 total wins in 6 wagers. At that time, you can go back to the first number in the Series and start over with another Series of up to 6 bets, or begin playing one of my other great 12 Money-Management Programs.


The Goal


The simple objective is to win any 2 bets in a Series of no more than 6 wagers.
The Series
11-22-44-66-88-132.


(Again, Series are pre-calculated so that you can profit by winning the minimum set numbers of wagers in a particular System, in this case, 2. They also protect your Bankroll by representing about 25% of your total available money, so if you happen to go on a losing streak and lose your entire Series, you are down just 1 Betting Block, and still have 75% of your Bankroll with which to wager.)


The Formula


For those who find the Series Amounts in the Series
11-22-44-66-88-132
too rich or poor for your blood, there is no reason you can’t raise or lower the amounts according to your betting objectives.
The formula for setting the 6 Series Amounts in The 2-6 Straight Bet System is
a, 2a, 4a, 6a, 8a, 12a.
In the Series above, a = 11 or $11. If you find this too conservative, try a larger multiple of 11 for the value of a, say 22. If you pick 22 for the starting bet, your Series would be calculated 22, 44, 22 x 4 = 88, 22 x 6 = 132, 22 x 8 = 176 and 22 x 12 = 264, or
22-44-88-132-176-264.
On the other hand, if the prospect of having to risk $132 to make $120 should you go 1-4 or 0-5 in your first 5 bets makes you nervous, you can start with a $5.50 bet, or a Series of
$5.50-11-22-33-44-66,
which will limit the downside in the event you pick less than 50% winners or go on occasional losing streaks.


For our purposes here, however, we will stick with the original betting Series for examples.
Note that when setting your own Series Amounts, if you add up each of the 6 numbers in the Series, they should total about the same dollar figure of each of your 4 Betting Blocks, give or take 10%. This is what prevents you from losing more than 25% of your Bankroll during any given losing streak.


The Rules


1) Make only 1 or 2 bets at a time in the predetermined amounts until you have won at least 1 bet.
2) Once you have won 1 bet, bet only 1 game at a time in the predetermined Series Amounts, until you win a second wager.
3) When you win 2 bets in any Series of up to 6 wagers, your goal is achieved, so you roll your profits back into your Personal Betting Bankroll and either start over with a new Series to build your Bankroll, or begin a Series in another of my 12 Money-Management Programs.
4) If you suffer an unfortunate losing streak of 1-5 or 0-6, start over with a new Series and begin recouping your recent losses.


The Proof


It’s one thing for me to boast that this System can turn a profit for you if you can pick just 33% winners, and it’s another to see it in black and white. Below is the proof.
First, let’s look at example where you pick just 2 of 6 (or 33%) winners while betting traditional 11-10 odds against the spread, say on football or basketball games.
Bet $ Wagered Result $ W/L Net Profit
#1 11 lose -11 -11
#2 22 lose -22 -33
#3 44 lose -44 -77
#4 66 lose -66 -143
#5 88 win +80 -63
#6 132 win +120 +57
It’s hard to believe, but by going on a 2-4 losing streak, you’ve added an astounding $57 to your Bankroll.


Of course, the goal is to achieve 2 wins as fast as possible in the Series of up to 6 wagers, so hopefully you won’t regularly reach the sixth bet. Remember, your Series can end after 2 bets, if you win them both, at which point you start over.
In our next example, let’s look at a scenario in which you win a mediocre 14 of 30 bets (or 47%) over the course of a month, assuming you lay 1 bet in this Series per day. (Keep in mind that you can run several Series at once, or play early and late games every day in a single Series and end up laying wagers on more than 30 bets in a month if you’d like.)

While the Bookmaker.com/?cmpid=4437" target="_blank">Bookmakers’ 10% “juice” (or commission) would cause you to lose money picking 50% winners with straight bets of the same amount, my System allows you to post a substantial profit.


Bet $ Wagered Result $ W/L Series Profit Net Profit
#1 11 win +10 +10 +10
#2 22 lose -22 -12 -12
#3 44 win +40 +28 +28
You win 2 out of your first 3 bets, so your Series goal is achieved. Add your winnings to your Bankroll and start over with another $11 wager.


Note that you’re already ahead $28 by posting a 2-1 record, but if you had made 3 straight bets of $11 each, you’d be up only $9. So my System has already increased your profits by more than 300% after just 3 bets.
Bet $ Wagered Result $ W/L Series Profit Net Profit
#4 11 lose -11 -11 +17
#5 22 win +20 +9 +37
#6 44 lose -44 -35 -7
#7 66 lose -66 -101 -73
#8 88 win +80 -21 +7


Even though you now go on a slight losing streak, winning 2 bets and losing 3, you achieve your Series goal. You lose $21 for the Series but remain up $7 overall with a combined record of 4-4.
Had you been placing $11 bets, you’d be at -$4 after 8 wagers. This is a great example of how my Systems can make you money when under normal betting circumstances you’d be in the hole. Let’s continue with our hypothetical month.
Bet $ Wagered Result $ W/L Series Profit Net Profit
#9 11 lose -11 -11 -4
#10 22 lose -22 -33 -26
#11 44 win +40 +7 +14
#12 66 win +66 +73 +80
Again, your Series is over when you achieve 2 wins. What’s amazing is, even though you go just 2-2, you add $73 to your Bankroll. So, overall, you are 6-6, but you’re up $80. On the other hand, because of the juice extracted by bookies, you’d be at -$6 if you’d bet $11 on each game.
So far, our Series have lasted 3, 4 or 5 wagers each. Let’s see what happens when we go on minor winning and moderate losing streaks.
Bet $ Wagered Result $ W/L Series Profit Net Profit
#13 11 win +10 +10 +90
#14 22 win +20 +30 +110
By attaining the quickest Series win possible of 2 wins with 2 bets, you now stand $110 ahead with an 8-6 overall record. Again, by laying $11 a game, you’d have just $14 to show for your efforts. By utilizing my Money-Management Program, your profits are 785% more than they’d be by betting the old way.
Now, let’s see what happens when you go into that moderate slide.
Bet $ Wagered Result $ W/L Series Profit Net Profit
#15 11 lose -11 -11 +99
#16 22 lose -22 -33 +77
#17 44 lose -44 -77 +33
#18 66 win +60 -17 +93
#19 88 lose -88 -105 +5
#20 132 win +120 +15 +125


As you can see, by increasing your bets methodically according to the predetermined amounts, you save huge losses despite a 2-4 losing streak. Adding $15 to your Bankroll, you’re now up $125 by picking 10 winners out of 20 bets (for a winning percentage of .500), whereas if you’d kept betting $11 a game, you’d be at -$10.
Let’s finish out our hypothetical month with 1 mediocre and 1 losing Series and see how the numbers add up.


Bet $ Wagered Result $ W/L Series Profit Net Profit
#21 11 lose -11 -11 +114
#22 22 win +20 +9 +134
#23 44 lose -44 -35 +90
#24 66 win +60 +25 +150


By going an average 2-2 with your picks, you manage to once again add $25 to your Bankroll, making it $150 richer than when you began. Meanwhile, the bettor making straight $11 bets with a 12-12 record would stand at -$12.
Now, for the final Series in our month.
Bet $ Wagered Result $ W/L Series Profit Net Profit
#25 11 lose -11 -11 +139
#26 22 lose -22 -33 +117
#27 44 win +40 +7 +157
#28 66 lose -66 -59 +91
#29 88 lose -88 -147 +3
#30 132 win +120 -27 +123


Even with a disappointing 2-4 finish, you still end up adding $123 to your Bankroll for the month by winning a so-so 47% of your picks. On the other hand, those plunking down the same $11 bet every day would find their Bankrolls depleted to the tune of -$36.
Using just the first of my 12 Money-Management Programs, you have turned a $36 loss into a $123 profit. And that’s by hitting less than 50% winners.


Imagine how much you can win if you have a bigger Personal Betting Bankroll to wager with, or you follow your favorite sports closely enough to consistently pick over 50% winners.


Tips

1) The 2-6 Straight Bet System turns a profit when you bet against the spread with traditional 11-10 odds (like on football and basketball), but it can show even more profit when used with “even-money” or better bets such as moneyline wagers (or which team will win “straight up” or outright, not against the spread) on underdogs.
2) For the reasons stated in Tip #1, this System works especially well when using the strategies detailed in Program #8, The Baseball Underdog System.
3) If you are betting against the moneyline and/or with odds worse than 11-10, make sure you wager enough to win the payouts associated with your Series Amounts. In other words, if you are betting on the Yankees -150, instead of wagering $11 to win $10, you must wager $15 to win $10.
4) Related to Tip #3, for any wager with odds worse than 11-10 that you lose, you must add the additional losses, in this case $4 ($15 - $11 = $4), to the payout of what would be your normal Series Amount, in this case making your next Series Amount $26 ($20 + $4 = $24 payout so the next Series Amount at 11-10 odds would be $26 to win $24), so that a win can not only recoup your losses but post a profit.
5) Don’t forget to also add any money paid to a professional handicapper for his picks to your Series Amounts in the same way you add losses at worse than 11-10 odds (as explained in Tip #4). Keep in mind that if you pay $25 for 5 picks, you must add only $5 to each Series Amount, assuming you run 5 Series that day. In other words, divide the handicapper’s fee among the total number of picks you play that day.
6) If your Bankroll allows it, try running 2 or more Series at once, which can boost your monthly profits to $500 or more on this System alone.
7) Don’t forget to keep strict track of your 2-6 Straight Bet System bets

Crunching the Numbers


For those who want to delve further into The 2-6 Straight Bet System and understand the mathematical laws that make it work, I’ve listed below literally every possible outcome of The 2-6 Straight Bet System in which you achieve 2 wins in a Series.
Next to each possible outcome, I’ve shown your net profits, including juice paid to the Bookmaker.com/?cmpid=4437" target="_blank">bookmaker. Next to that I’ve included the amount you would have won betting the traditional way of laying the same amount on every game. Last, there’s a column reminding you how much extra money my System has put in your pocket.
Note that even when suffering through unfortunate losing streaks, you still make so much more -- or lose so much less -- than if you’d bet the old way.
Series Your Net Profit Extra
Betting Net If Making $ For
Record Profit $ All $11 Bets You
(2-0)
W-W +30 + 20 +10
(2-1)
W-L-W +28 +9 +19
L-W-W +49 +9 +39
(2-2)
W-L-L-W +4 -2 +6
L-W-L-W +25 -2 +27
L-L-W-W +67 -2 +69
(2-3)
W-L-L-L-W -42 -13 -19
L-W-L-L-W -13 -13 0
L-L-W-L-W +21 -13 +34
L-L-L-W-W +63 -13 +77
(2-4)
W-L-L-L-L-W -90 -24 -66
L-W-L-L-L-W -69 -24 -45
L-L-W-L-L-W -27 -24 -3
L-L-L-W-L-W +15 -24 +39
L-L-L-L-W-W +57 -24 +81
As you see, there are only 15 possible winning Series outcomes of The 2-6 Straight Bet System, and 10 of them (or 67%) make you money, as shown above. Also, in 11 of the 15 scenarios (or 73%), you’re as good or better off betting with my System than with straight $11 bets.
Incredibly, of the 12 unfortunate scenarios in which you post a .500 or losing record with 2 wins in the 2-6 System, 7 of them (or 58%) still earn you profits.



In fact, all 3 scenarios in which you achieve 2 wins and 2 losses net you a profit. Remarkably, half of the scenarios in which you win 2 games and lose 3 still build on your Bankroll. Even more astounding is that 2 of the 5 scenarios in which you win 2 and lose 4 wagers earn you as much as $57 in profit -- or as much as an $81 increase over traditional betting -- for picking just 33% winners.


Weathering the Dry Spells

Into every gambler’s life comes the occasional dry spell, of course. These dreaded losing streaks that result in a 1-5 or 0-6 Series in The 2-6 Straight Bet System can cost you.

But because you’ve set up your Personal Betting Bankroll and have broken that into 4 equal Betting Blocks, you not only maximize your profits, you minimize your risks.


In the rare instance when you lose 5 of 6 wagers in a Series -- or even go all 6 bets without a win -- you still have more than 75% of your original Bankroll in reserve to recoup your losses with future wins.
Because, as all bettors know, the tide will inevitably turn back in your favor.

The examples below show the only 7 possible outcomes out of 22 (or 32%) in which you will show significant losses to one of your Betting Blocks. On the up side, if this occurs, there are 3 more Betting Blocks where those came from.
Series Your Net Profit Extra
Betting Net If Making $ For
Record Profit $ All $11 Bets You
(1-5)
W-L-L-L-L-L -342 -44 -298
L-W-L-L-L-L -321 -44 -277
L-L-W-L-L-L -279 -44 -235
L-L-L-W-L-L -237 -44 -193
L-L-L-L-W-L -195 -44 -151
L-L-L-L-L-W -111 -44 -67
(0-6)
L-L-L-L-L-L -363 -66 -297
While these numbers may seem daunting, don’t forget that 1-5 and 0-6 streaks make up less than 33% of the possible outcomes. And for regular bettors who do their homework on games, 0-6 losing streaks come along much less regularly than 1 in every 3 Series. Also, such droughts are often followed up by winning streaks that will wipe out these losses and, even if they don’t, your Betting Blocks held in reserve are created precisely for this reason.


For instance, one winning streak of 8-2, as shown below, can potentially negate the losing skid of 1 win and 5 losses shown above.
Bet $ Wagered Result $ W/L Series Profit Net Profit
#1 11 win +10 +10 +10
#2 22 win +20 +30 +30
Your goal of 2 wins is achieved, so add $30 to your Bankroll.
Bet $ Wagered Result $ W/L Series Profit Net Profit
#3 11 lose -11 -11 +19
#4 22 win +20 +9 +39
#5 44 win +40 +31 +79
With 2 wins in 3 bets, add $31 to your Bankroll for an overall profit of $79 for going 4-1.
Bet $ Wagered Result $ W/L Series Profit Net Profit
#6 11 win +10 +10 +89
#7 22 lose -22 -12 +67
# 8 44 win +40 +28 +107
Again, add $28 to your Bankroll, giving you $107 profit for posting a 6-2 record.
Bet $ Wagered Result $ W/L Series Profit Net Profit
#9 11 win +10 +10 +117
#10 22 win +20 +30 +137



By winning another $30 with 8 wins out of 10 wagers, you add $137 to your Bankroll, which erases between about 40% to 100% of the losses incurred by a 1-5 or 0-6 slump.
The 2-5 Straight Bet System: The 2-6 With a Twist
If you are an experienced gambler who doesn’t find it unusual to win 50% of your picks consistently, The 2-5 Straight Bet System is an effective variation on my 2-6 System.
I suggest that you use this Series of
20-30-40-60-120
primarily for even-money or better bets (such as selected “totals,” or over/under wagers) and/or when betting the moneyline on underdogs, and with your strongest daily picks. Why?

Because in this new Series you must win at least 50% of your first 4 bets to show a profit. Even if you go 0-4, however, the fifth bet will recoup the majority of your previous 4 losses, but not all of them.
Let’s give 2 quick examples to show how picking 50% winners can work for you in this bonus System, and how the final bet can make up for a short slump.
First, let’s examine a Series in which you hit 50% winners. (Note that we are playing even-money or better wagers, such as underdogs on the moneyline, in this example, as suggested.)
Bet $ Wagered Result $ W/L Series Profit
#1 20 lose -20 -20
#2 30 win +30 +10
#3 40 lose -40 -30
#4 60 win +60 +30
So with a 2-2 record, you net $30 in winnings, while if you’d bet every game at $20, even with even-money odds you’d merely break even.


Next, let’s see what happens when you correct an 0-4 skid with a winning bet on the next wager. (Note that, again, we are playing even-money wagers in this example, as encouraged.)
Bet $ Wagered Result $ W/L Series Profit
#1 20 lose -20 -20
#2 30 lose -30 -50
#3 40 lose -40 -90
#4 60 lose -60 -150
#5 120 win +120 -30
While a bettor laying the same $20 on each game would be at -$60 after a 1-5 record, you take just a $30 hit to your Bankroll.


Summing It All Up


Without a doubt, these examples detailing The 2-6 Straight Bet System have proven to you how essential my 12 Money-Management Programs are to limiting losses or turning them into profits, and to turning modest winnings into big money. Here’s a quick overview of the System:
1) Make only 1 or 2 bets at a time in the predetermined amounts until you have won at least 1 bet.
2) Once you have won 1 bet, bet only 1 game at a time in the predetermined amounts, until you win a second wager.
3) When you achieve your second win in any Series of up to 6 wagers, your goal is achieved.
4) Roll your profits back into your Personal Betting Bankroll and either start over with a new Series to build your Bankroll, or begin a Series in another of my 12 Money-Management Programs.
5) Should you suffer an unfortunate losing streak of 1-5 or 0-6, start over with a new Series and begin recouping your recent losses.
6) If you’re a bettor confident of regularly winning 50% of your picks, you may want to try The 2-5 Straight Bet System, which uses a slightly different Series.
7) Every month or so, evaluate your Personal Betting Bankroll, and increase your 4 Betting Blocks if you feel comfortable doing so.
8) Make sure you track every single bet

Grin and ‘Bare’ Your Monthly Budget




Don’t Lose Sleep or Your Bankroll


To show you why it’s so important to both set a reasonable Personal Betting Bankroll and to divide it up into 4 equal Betting Blocks, let’s take a peek ahead at Program #1, The 2-6 Straight Bet System.
The 2-6 Straight Bet System requires that you win a minimum of just 2 wagers in every 6 bets made in a Series, and pre-calculates your “Series” of wagers at $11, $22, $44, $66, $88 and $132. In other words, your “Series Amounts,” or the dollar figure you will be wagering or attempting to win, will be
11-22-44-66-88-132.
Don’t be alarmed if this doesn’t make complete sense to you right now. It will next chapter, when I go into full detail about how Program #1, the 2-6 System, makes you steady profits if you win just 33% of your wagers. For the moment, however, I’m interested only in your understanding how dividing up your Personal Betting Bankroll into Betting Blocks prevents you from losing everything.
Say, for example, you make 1 bet a day for 6 days utilizing Program #1 and have a horribly unlucky week, losing all 6 wagers. (Remember, your goal is to win at least 2 of every 6 bets.) By going 0-6, you lose a total of $363 -- but since you’ve set your Personal Betting Bankroll at $1,600 and your Betting Blocks at $400, you’ve still got more than 75% of your original Bankroll left to win your way out of the slump.
It’s important to understand that, unlike stupidly “chasing your losses” with huge bets, my 12 Money-Management Programs use mathematical “Formulas” based on easy-to-hit minimum winning percentages to ensure that you steadily recoup your losses, and then some.


Watch as Your Bankroll Builds


Rather than merely “protecting” your Bankroll, my 12 Money-Management Programs have been designed to build on it steadily and consistently.
Assuming you can hit 26% or more winners on straight bets or 12% or better on 2-team parlays, you’ll see your Bankroll growing in no time. Using the example of a $1,600 Personal Betting Bankroll above, when you have won enough to roll $400 in winnings back into your Bankroll, it will then be worth $2,000. At that point, you will divide it into 4 equal Betting Blocks of $500 each.
This way, you can start wagering a little more on your plays. For example, The 2-6 Straight Bet System that began with a betting Series of
11-22-44-66-88-132
increases when your Betting Blocks move from $400 to $500 to a betting Series of
22-44-88-132-176-264,
which once again allows for substantial profits while risking relatively little, even if you go on the occasional 0-6 losing streak.


I suggest that you take no money out of your Personal Betting Bankroll for the first year.

That way, it increases substantially and you will be making big bets -- and big profits. Of course, there’s no reason you must raise the amount of your Betting Blocks or can’t “withdraw” profits from your Personal Betting Bankroll as it grows. You can reward yourself by dipping into some of your winnings, keeping your original Personal Betting Bankroll amount the same. Or, whenever you feel comfortable with my Programs, you can increase your Betting Blocks -- and your expected profits.


If you do raise your Betting Blocks to $500 each and steadily make winning bets that double that amount, then your Personal Betting Bankroll will now be worth $2,500, and you can divide your 4 Betting Blocks into $625 each. At that point, you’ll likely want to increase your betting series as well to
44-88-176-264-352-528.



Just as you increase the amount of your Betting Blocks when you double your money, if you happen to lose an entire 6-bet Series, simply divide the resulting Personal Betting Bankroll total by 4 and set up a new Betting Block amount with new Series Amounts.
For example, if you had a Betting Block of $625 and lost 6 consecutive bets, your Personal Betting Bankroll would then be $1,875 and you’d have 4 equal Betting Blocks of about $470 each. With that total, you would want to drop your Series back to
22-44-88-132-176-264.


Summing It All Up


Setting and building on your Personal Betting Bankroll is as easy as 1-2-3-4-5:
1) Determine your Personal Betting Bankroll, making sure that it is no more than 25% to 50% of a single month’s Total Disposable Income.
2) Divide your Personal Betting Bankroll into 4 equal Betting Blocks.
3) Bet just a portion of any Betting Block on any single wager, using Series Amounts dictated by my 12 Money-Management Programs and their Formulas.
4) Roll all your winnings back into your Personal Betting Bankroll, so it builds steadily.
5) Every month or so, evaluate your Personal Betting Bankroll, and increase your 4 Betting Blocks if you feel comfortable doing so.

[pwherr]

Started to read this. Got tiered.LOL

[Kramer]

Summary :

In The 2-6 Straight Bet System, you are going to make a Series of up to 6 bets, in the pre-calculated amounts of $11, $22, $44, $66, $88 and $132.
You will bet 1 or 2 games at a time in the Series, moving up to the next Series Amount after each bet. When you achieve your goal of just 2 total wins, you roll your profits back into your Personal Betting Bankroll and start over at the beginning if you’d like.
For example, to begin, make 1 wager in the Series Amount of $11, or 2 wagers, 1 in the Series Amount of $11 and the other in the Series Amount of $22. If you win both bets, your goal is attained and you add your profits to your Bankroll. If you win just 1 wager of the 2, however, you can bet only 1 game at a time thereafter, since you are seeking just 2 total wins anywhere in the Series of up to 6 wagers.


Say, for instance, you win your first wager for $11, then lose bets in the subsequent Series Amounts of $22, $44, $66 and $88. Then you win your final wager in the Series, for $132, reaching your goal of only 2 total wins in 6 wagers. At that time, you can go back to the first number in the Series and start over with another Series of up to 6 bets

[Strike Force XL]

This is similar to Tony Stoffos money management system. Good Stuff

[rjb1816]

have you tried this kramer? I'm sure it works...but how do you work saturdays if you like say 4 games and their games all start at overlapping times? how would you know how much to put on each one?

[Kramer]

have you tried this kramer? I'm sure it works...but how do you work saturdays if you like say 4 games and their games all start at overlapping times? how would you know how much to put on each one?

you'd wager $ 11, $22,$44,$66
its a 2-6 bet system

then start over on sun nfl ...

[rjb1816]

but i thought it was a double up if you lost until you got 2 wins...if you bet all 4 of those at the same time and went 2-2 but lost the two big ones you would be down 80 in your bankroll

[Kramer]

The simple objective is to win any 2 bets in a Series of no more than 6 wagers.
The Series
11-22-44-66-88-132.

[jim1701]

Originally Posted by rjb1816

but i thought it was a double up if you lost until you got 2 wins...if you bet all 4 of those at the same time and went 2-2 but lost the two big ones you would be down 80 in your bankroll

Would it be wise to make each of those overlapping bets $11....and continuing the system on Sunday? I think Kramer is stating it doesnt matter how many systems you play at once...so if u went 2 - 2 then Sundays games u step up to $22...and stop or continue via that way on 4 different systems...

Kramer rocks

[gmswerk]

great stuff.

I'm going to use this system for college football and NFL this season.

[ryhenry09]

Originally Posted by rjb1816

have you tried this kramer? I'm sure it works...but how do you work saturdays if you like say 4 games and their games all start at overlapping times? how would you know how much to put on each one?

It would not be possible to do this all in one series. What you would have to do is start 4 "seperate" series of 2/6. The article does state to never play more than 2 gms that overlap.

[rjb1816]

Originally Posted by ryhenry09

It would not be possible to do this all in one series. What you would have to do is start 4 "seperate" series of 2/6. The article does state to never play more than 2 gms that overlap.

gotcha...u ever tried this?

[colloid]

great read!

[jim1701]

i would like to hear some of your other systems please Kramer. Thnx for all ur input and help. Tis what makes CappersMall Grreat!

[mark12]

I'd be curious to see how this actually works out. There is a flaw for people who are streaky. You could actually win 23 and lose only 5 (82%) and still lose money. This is a worse case scenario but for me that's what I usually watch out for because that is what will happen to me. LOL

Hope someone tries it would like to see how it does.