I am all about money management. I have devised a parlay strategy that has proven to be a winner. I have profited some very good units in all 3 major sports since July 2014. I have posted all of my plays on this website and in the spreadsheet option. I post everyday and I see no signs of slowing down.
I put my plays and money management out there and if you want to tail, you will most likely make money.
Here is the magical recipe:
I will be making mostly 2 team parlays. The parlays must payout a minimum of 2.24 to 1. I need to hit 3 of these parlays in a row. Here is the outline of what I will be doing:
Parlay A: Risk 1 to win 2.24
Parlay B: Risk 2.24 to win 5.02
Parlay C: Risk 7.26 to win 16.26
You get a 23.52 to 1 scenario.
I will set a profit target and CHASE that 23.52 to 1 scenario until I win all 3 parlays or the 50 unit bankroll runs out.
So I will be gunning for a 10 unit profit. You take 10 units and divide by 23.52. This is the amount you risk for parlay A. (0.425)
*1 unit always equals 2% of the total starting bankroll
If you look closely, you will notice that we only chase "A" bet losers. Parlays B and C are "presses" from previous winnings. So bets rise very slowly after "A" bet losers and bets rise dramatically after parlay wins.