~My System~

[nrc85]

-I posted this in the NHL section, just thought I would share it here.

Good money management is obviously the way to have long term success, the average better will lose in the long run, so from what is regurgitated from many experienced bettors, you have to have a system in place to beat the bookie, because they follow a system as well. You need to have structure, which
I myself haven't always had. I've tried everything the past 2 years, nothing as worked. People have different systems in place, personally, I think coming up with your own researched picks everyday is the way to go. Some people follow a system where say... play a team after they win 2 out of 3 while scoring an average of 4 goals a game, to me, this is ridiculous. I'll tell you what I am currently trying... I am playing one game a day... a 5-unit play everyday (if there is a game to play), I look at like this... if you have say, $1000., look at it as having 20 chips worth $50.00. So, you have 20 chips. Somewhere in your house lay out 20 pennies and pretend they are your chips so you can get a better understanding of what your doing. If you start at $1000, you cannot decrease your unit-size. If you play one game a day, do you really think your going to hit a mammoth losing streak if you research your games and play smartly? So, you stay at $50. a chip, even if you fall back to $700. If you can lose 6 days in a row, you can win 6 days in a row, remember that. A bad stretch wouldn't put you under because your only playing one a day. So if you do hit a bad stretch, wait it out until you start winning again, as we all know, things will turn around if you believe so. Only increase your chip size when you double your payroll. so if you reach $2000., you chips will be worth $100. and you will have 20 of them once again. If you lay pennies out, you can add one when you win, take one out when you lose. You will better understand where your at and get less stressed out about it if you lose 3 or 4 days in a row. So if you lose a day, you take a penny out, and the next day you want to win the penny back. Have a bowl full of pennies to win if you have all 20 pennies that you started with, so the object would be to obviously have all of your 20 pennies, plus win pennies out of the bowl. If you have 20 pennies, and win your first day, take one out of the bowl, if you lose the next day, you take your winning penny and put it back in the bowl. Only put the penny's that came from the bowl back in the bowl if you lose. The other penny's you started with would be put beside the bowl, you need to win that back first before you can take one out of the bowl. To me, this is just a way to manage your money. I need structure. Remember, only play one game a day, you do not want to risk to many penny's at one time in case you have like an 0-5 day, then you have to take 5 penny's out, and you will start to bet to much to get those 5 back... it could get out of control if you start doing that, especially with 5-unit or more plays. So since we are playing 5-units, you need to keep it to one-a-day, or one-at-a-time for this to be successful. I forgot to mention that the games you bet on will need to be as close to -110 or EV as possible, that way it will best mimic you risking 1 penny to win a penny. That is how I bet anyway, I bet on games with 50/50 odds, or close to it, never more than -130, that is my max. If the first week you go 5-2, you will have 23 penny's.