Went into the break with losses across the board. We are on the
second tier of the underdog and over under chases. The
semi-arbitrage game that was rained out left me very bitter. I
reloaded the $254 that I lost on BAL bringing my account back to $500
and change. I am playing very dangerously. I am hanging it all on
the line hoping that I can hit 5 in a row.
The main focus has been on the semi-arbitrage lately because of
the amazing streaks it has had but the primary strategies being
tested are the over/under and underdog chase. The over/under holds
truest to my theory as an over under bet is an arbitrary number
completely concocted from public opinion. It has no bearing on the
outcome of the game. The teams are playing to win, they do not care
by how much. The underdog chase ties in with the theory but the
results are based on wins and losses. It is conceivable that an
underdog can lose 15 game in a row straight up and thus is not as
purely based on public opinion. The main goal is to hit 40% ROI
based on a $3,000 bank roll using a grand martingale with $10 units.
It would take 100 bets to achieve this. The underdog chase will be
the first to cross that line. Today's bet is the 84th. I
have 16 left to hit my target. Of course if bet 100 does not cover I
must chase until I either cover or bust. The over/under chase is on
its 76th bet today. Judging by the results to date both
of these chases should reach the 40% ROI target I set.
My success or failure in this experiment hinges on the underdog
and over/under chases. The semi-arbitrage is a fun distraction but
whenever I have come across something that is hitting huge returns it
ends up burning me. The primary goal was to create a system that can
produce 100% ROI a year consistently. If the two aforementioned
chases hit their targets then I believe I have found that, as my NFL
and NBA systems are consistent at 20% and 22% respectively. If you
compound from one season to the next that comes out to 100% ROI.
100% a year is enough to make you very rich in the long run. Chase
systems are very high risk but are tailor made for the bubble
phenomenon I see occurring in the odds and point spreads.
Today's Plays:
Underdog Chase
ARI
-130$37.82
O/U Chase
ATL
U/7 -105$33.60
Semi-Arbitrage
COL
+135$258.00 PIT
-1.5 +150$242.52
($105.78)