1. #141
    J.M. Disciple
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    Quote Originally Posted by BetaB View Post
    The worst part of labby is that on losing streaks you are being penalized much more than a winning one, thus betting favorite in theory would not be as good as betting on dog. E.g. 10 win streak = 20 number crosses(traditional labby) where as 6 loses will burn 2+3+4+5+6+7 27 units. So, what would you do if you start of with 42-18 for you first 60 bets and you know that eventually w/l ration will end up round 50:50 keep on labbying?
    That is why i advocate more strongly now a big bankroll for this method. It has to be able to sustain multiple 20+ unit bets in order to clear the line. Once you have this big enough bankroll though it literally just becomes printing money. I assure you the lines will clear with a 50% WIN RATE.

    Also once you get a big enough bankroll you could just run like 8 labby lines and bet every single game at the start of the day. If each line has 4 #s on it, then you can bet 2 games per line. Then just go back and check how you did the next morning and reaverage your lines.

    Bankroll once again is the key aspect that i thought i had figured out, but apparently I over looked how bad some of the streaks can get + the juice. With some of the very high juice on these games it basically became a chase instead of a labby.

    --jmd

  2. #142
    mikey360
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    JMD you should transfer those betpoints to the SBR sportsbook and do some Labby testing with it, who knows if it works maybe you can get a IPad2 or something lol, anyways its a good way to test stuff out.

  3. #143
    jolmscheid
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    Quote Originally Posted by J.M. Disciple View Post

    I also did do it at an online sports book (betus.com). I know it has failed me many times, but i really needed to win a couple hundred to make sure i could keep sports betting. I really needed that extra cushion.

    Baccarat all though its kinda confusing to determine how to deal it yourself, it becomes really easy online because the dealer takes care of everything for you. I just turn Fast play on and each hand literally takes less then 5 seconds. Those 5 seconds are just managing the labby and figuring out your bet amount.

    I start with standard 2 strike labby.

    $1 lose
    $1 / $1 Lose
    $1 / $1 / $2 Lose
    $1 / $1 / $2 / $3 Lose
    $1 / $1 / $2 / $3 / $4 Win
    $1 / $2 / $3 Win
    $2 (if i got here I would split into 2 #s. to reduce future variance).

    Rather then going
    2 Lose
    2 2 lose
    2 2 4 lose
    2 2 4 6 lose

    I would be back to
    1 1
    1 1 2
    1 1 2 3 etc...

    I know this strategy eventually fails. The only way to beat this game is to figure out how often you are going to make 50 units compared to how often a 50 unit loss happens, so that when you lose and create a stop loss at max bet $25 or max # of units on a line 50. Then just start back over with a new line if you reach that point.

    It really doesn't take too long to make back that 25-50 units. That is just my opinon on it. The min bet is $1 and max bet is $100 on it. Some people may feel comfortable labbying until they reach the $100 max bet.

    Tip: bet on banker when you play. I seen a stat some where in the past where player wins like 49.5% or something and banker is at like 50.5%. Bacause the game is basically 50/50 they do take a small rake. I actually wasn't paying too much attention to it, but i think its 5cents or something.

    Dont get carried away with trying to clear your labby line if it gets too big, just start back over.

    Also try and research Labby over flow method. I think i know how it works, but i do not want to explain it wrong. I gotta talk to icebet some more about it once agian.

    --jmd
    Thanks for the update on this JMD...I really do think that if you apply stop losses, etc for both your baccarat and sports betting, ALONG WITH having a very small starting unit, you should do well...

  4. #144
    play4win
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    Is there a reason why you use different numbers every line?
    and why odd numbers after point like 4.93?

  5. #145
    J.M. Disciple
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    [COLOR=#000000 !important]Is there a reason why you use different numbers every line?
    and why odd numbers after point like 4.93?
    [/COLOR]
    [COLOR=#000000 !important][/COLOR]
    [COLOR=#000000 !important]I use single line averaging. Thats why the numbers are different every line. Global averaging (averaging all lines together) is usually a bad idea when you are adding new units to cleared lines. [/COLOR]

  6. #146
    alexy
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    jm disciple. are you posting in any thread? thanks for reply

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