Pendulum Cycle Theory: MLB chase experiment

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  • arpeggiomeister
    SBR MVP
    • 05-23-08
    • 1015

    #71
    Definitely have 9 lives. The Parlay Matrix covers and is very
    close to hitting 40%. Two more bets should do it... ...as long as
    they cover that is. Houston loses so we continue our chase. The over
    under streak comes to an end after 6 in a row. I am going to try SD
    again and chase it. It might not cover right away but the main
    premise of my theory is that the over bet will become overvalued
    making the under a strong bet.





    Today's plays:





    Underdog Chase

    HOU
    +155

    $24.37




    O/U Chase

    SD
    U7

    $26.40




    Parlay Matrix

    SFO
    +150/O6 -120

    $4.75
    - $17.02

    SFO
    +150/U6 EV

    $4.25
    - $17.00

    LAD
    -1.5 +135

    $9
    -$12.15

    Comment
    • arpeggiomeister
      SBR MVP
      • 05-23-08
      • 1015

      #72
      The Parlay Matrix covers and hit my target of 40% ROI. I will
      post the results. Despite the successful trial I think that only
      having 2 tiers is dangerous. This strategy is ultra risky. I can
      not tack on another tier for it would make the ROI so small that it
      is just not worth it. Actually, now that I think of it, if you were
      to do 3 tiers it would add a serious measure of safety, but you would
      be looking at making roughly 12% for the season. Greed is the number
      one killer in this game so 12% is not really that bad in the grand
      scheme of things.





      The Astros won last night. They are still on the bottom of the
      ESPN power rankings so we start a new chase with them. The under bet
      lost and SD is not playing today so I am switching to TOR/LAA. I
      would also note that the Rockies went under and it would probably be
      a good bet to start chasing them with the over since they have been
      on fire lately. I will stick with the under for today though.





      Today's bets:





      Underdog Chase

      HOU
      +115

      $8.70




      O/U chase

      TOR
      U9

      $85.50




      Here are the results from the Parlay Matrix experiment.





      04/10/14
      MIA
      +185/O +105

      $4.00
      - $19.36

      L
      L



      MIA
      +185/U -125

      $4.00
      - $16.52

      L
      L



      WAS
      EV


      $9
      - $9

      W
      W
      $221
















      04/11/14
      HOU
      +190/O8 -105

      $4.00
      - $18.65

      L
      L



      HOU
      +190/U8 -115

      $4.00
      - $17.69

      L
      L



      TEX
      -1.5 -110

      $11.00
      - $10.00

      L
      L
      $202
















      04/12/14
      CHI
      +205/O7 EV

      $40
      - $204

      L
      L



      CHI
      +205/U7 -120

      $40
      - $183.67

      L
      L



      STL
      -1.5 -110

      $118.00
      - $107.27

      W
      W
      $225.27
















      04/13/14
      CHI
      +200/O7.5

      $4
      - $20.60

      L
      L



      CHI
      +200/U7.5

      $4
      - $17.60

      L
      L



      STL
      -1.5 -110

      $11
      - $10

      W
      W
      $227.27
















      04/14/14
      NP
























      04/15/14
      SDP
      -1.5/O7 -105

      $4.00
      - $17.48

      L
      L



      SDP
      -1.5/U7 -115

      $4
      - $16.57

      L
      L



      COL
      +116

      $10
      - $11.60

      W
      W
      $229.87
















      04/16/14
      Cubs
      +175/O7.5 -110

      $4
      - $17

      L
      L



      Cubs
      +175/U7.5 -110

      $4
      - $17

      L
      L



      NYY
      -1.5 -105

      $10.50
      - $10

      W
      W
      $231.87
















      04/17/14
      NP
























      04/18/14
      HOU
      +180/O7 -110

      $4
      – 17.38

      L
      L



      HOU
      +180/U7 -110

      $4
      - $17.38

      L
      L



      OAK
      -1.5 -110

      $11
      - $10

      W
      W
      $233.87
















      04/19/14
      HOU
      +180/O7.5 +105

      $3.75
      - $17.77

      L






      HOU
      +180/U7.5 -125

      $4.25
      - $17.17

      L






      OAK
      -1.5 -EV

      $10.00
      - $10.00

      L
      $215.87















      04/20/14
      HOU
      +205/O7.5 -115

      $43
      - $202.19

      L






      HOU
      +205/U7.5 -105

      $42
      - $208.10

      L






      OAK
      -1.5 -115

      $130
      - $113.04

      W
      $243.04















      04/21/14
      HOU
      +225/O6.5 -105

      $3.75
      - $20.04

      L






      HOU
      +225/U6.5 -115

      $3.75
      - $19.04

      L






      SEA
      -1.5 -115

      $11.50
      - $10.00

      L
      $247.83















      04/22/14
      CHI
      WS +210/08 -115

      $3.75
      - $17.98

      L






      CHI
      WS +210/U8 -105

      $3.75
      - $18.95

      L






      DET
      -1.5 -115

      $11.50
      - $10

      W
      $250.33















      04/23/14
      CHI
      WS +160/O8.5 -115

      $4.50
      - $17.37

      W






      CHI
      WS +160/U8.5 -105

      $4.50
      – $18.34

      L






      DET
      -1.5 +105

      $10
      - $10.50

      L
      $252.70















      04/24/14
      Break
























      04/29/14
      CIN
      -1.5 +160/O7.5 -110

      $4.50
      - $17.84

      L






      CIN
      -1.5 +160/U7.5 -110

      $4.50
      - $17.84

      L






      CUBS
      +125

      $9.00
      - $11.25

      L
      $234.70















      04/30/14
      CIN
      -1.5 +105/O7.5 -120

      $70.00
      - $193.08

      L






      CIN
      -1.5 +105/U7.5 EV

      $65.00
      - $201.50

      L






      CUBS
      +165

      $99.70
      - $164.50

      W
      $264.70















      05/01/14
      NP
























      05/02/14
      HOU
      +170/O7.5 -120

      $4.25
      - $16.79

      W






      HOU
      +170/U7.5 EV

      $3.75
      - $16.50

      L






      SEA
      -1.5 -115

      $11
      - $9.56

      L
      $266.74
      05/03/14
      PHI
      -1.5 +180/O7.5 -105

      $3.85
      - $17.20

      W






      PHI
      -1.5 +180/U7.5 -115

      $4.15
      - $17.57

      L






      WAS
      EV

      $10.00
      L
      $269.79















      05/04/14
      ATL
      +165/O7 -115

      $4.50
      - $17.79

      L






      ATL
      +165/U7 -105

      $4.50
      - $18.78

      L






      SFO
      +117

      $10
      - $11.70

      W
      $272.49















      05/05/14
      HOU
      +225/O7.5 -110

      $3.50
      - $18.22

      L






      HOU
      +225/U7.5 -110

      $3.50
      - $18.22

      L






      DET
      -1.5 -115

      $11
      - $9.56

      W
      $275.05















      05/06/14
      SEA
      +153/O7 -120

      $4.50
      -$16.37

      W






      SEA
      +153/U7 -EV

      $4.50
      - $18.27

      L






      OAK+133
      $9
      -$11.97

      L
      $277.92















      05/07/14
      HOU
      +190/O9 EV

      $3.75
      - $18

      L






      HOU
      +190/U9 -120

      $4.25
      - $18.35

      L






      DET
      -1.5 -115

      $11.50
      - $10.00

      L
      $258.42















      05/08/14
      HOU
      +170/09 -110

      $55
      - $228.50

      L






      HOU
      +170/U9 -110

      $55
      - $228.50

      W






      DET
      -1.5 EV

      $148
      - $148

      L
      $283.92















      05/09/14
      COL
      +160/O EV

      $4.75
      - $17.89

      L






      COL
      +160 U -120

      $4.25
      - $17.85

      L






      CIN
      -1.5 +115

      $10
      - $11.50

      L
      $274.92















      05/10/14
      MIN
      +215/O -105

      $34
      - $175.01

      L






      MIN
      +215/U -115

      $36
      - $176.01

      L






      DET
      -120

      $120
      - $100

      W
      $304.92















      05/11/14
      SFO
      +150/O6 -120

      $4.75
      - $17.02

      W






      SFO
      +150/U6 EV

      $4.25
      - $17.00

      L






      LAD
      -1.5 +135

      $9
      -$12.15

      L
      $308.69
      Comment
      • arpeggiomeister
        SBR MVP
        • 05-23-08
        • 1015

        #73
        Both bets lose. I am going to take Toronto again today on the
        under.





        I have decided to continue the Parlay Matrix experiment and add a
        3rd tier. This will produce somewhere around 12% ROI for
        the season if I do not crash and burn. That is a far cry from my
        target of 40% but having a 3rd tier just might make this a
        viable strategy. Greed is the number one killer of bankrolls. If
        12% is what this strategy will yield than I must accept it for what
        it is. I can not just back test this to see if it will work because
        there are often multiple games that fit the criteria. The only way
        to find out is do an experiment like this. The bankroll would need
        to be $2,220 to sustain this.





        Today's plays:





        Underdog Chase

        HOU
        +104

        $27.60




        O/U Chase

        TOR
        U9 -115

        $188.49




        Parlay Matrix

        CWS
        +170/O8.5 -120

        $4.50
        - $17.78

        CWS
        +170/U8.5 EV

        $4.00
        - $ 17.60

        OAK
        -1.5 EV

        $10.50
        -$10.50

        Comment
        • arpeggiomeister
          SBR MVP
          • 05-23-08
          • 1015

          #74
          Houston and the Parlay Matrix both cover, TOR under pushes.





          Today's plays:





          Underdog

          HOU
          -109

          $10.90




          O/U


          OAK
          U9 -115

          $188.49




          Parlay Matrix

          CWS
          +175 O9 -105

          $3.90
          - $17.04

          CWS
          +175 U9 -115

          $4.10
          - $16.98

          OAK
          -1.5 EV

          $11
          - $11

          Comment
          • arpeggiomeister
            SBR MVP
            • 05-23-08
            • 1015

            #75
            Everything covered last night. HOU has the day off so there is no
            underdog chase today.





            Although I am sticking with the under strategy right now I would
            note that COL went under and if they they stay true to form then they
            will probably hit the over within the next two or three games. CLE
            exploded last night, scoring 15 runs, so we are going with the under
            today.





            Today's plays:





            O/U chase

            CLE
            U9 -120

            $12.00




            Parlay Matrix

            CUBS
            +170/O6.5 -115

            $4.15
            - $16.80

            CUBS
            +170/U6.5 -105

            $3.95
            - $16.87

            STL
            -1.5


            $9.90
            - $11.39

            Comment
            • arpeggiomeister
              SBR MVP
              • 05-23-08
              • 1015

              #76
              The under and the Parlay Matrix covered. There will be no Parlay
              Matrix today as nothing fits my criteria.





              Today's plays:





              Underdog Chase

              HOU
              -103

              $10.30




              O/U Chase

              COL
              O10 -105

              $10.50
              Comment
              • arpeggiomeister
                SBR MVP
                • 05-23-08
                • 1015

                #77
                Both bets lost so we go to the second tier on both. The Astros
                are favored to win for a second day in a row. It is a little ironic
                considering that we are calling this the underdog chase, but it is
                what it is. I am going to continue riding COL to hit the over.






                The Parlay Matrix is not the usual set up I look for but it
                balanced really well. LAA is +140 on the spread. This allowed me to
                raise the bet on the parlays from $4 to $5. I typically want to see
                the underdog around +180, +200 is ideal. I want the favorite to have
                a strong chance of winning by 2 runs or more. Since there is nothing
                on the boards like that I figured I would give this a shot.





                Todays Plays:





                Underdog Chase

                HOU
                -123

                $37.27




                O/U Chase

                COL
                O9.5 EV

                $30.50




                Parlay Matrix

                TB
                +140/O8.5 -105

                $5.00
                – $18.43

                TB
                +140/U8.5 -115

                $5.00
                - $17.43

                LAA
                -1.5 +140

                $9.00
                - $12.60

                Comment
                • arpeggiomeister
                  SBR MVP
                  • 05-23-08
                  • 1015

                  #78
                  Everything hit yesterday. Today everything starts back on tier 1.
                  The Astros are favored again which is not how I like to start a
                  chase with an underdog for it is far more expensive then betting them
                  with plus odds, but I will stick by them. The Parlay Matrix will be
                  similar to yesterday because there is no teams on the board +180 or
                  better.





                  Today's plays:





                  Underdog Chase

                  HOU
                  -125

                  $12.50




                  O/U Chase

                  ARI
                  U9 -120

                  $12.00




                  Parlay Matrix

                  NYM
                  +138 O/7 EV

                  $5.00
                  - $18.80

                  NYM
                  +138/U7 -120

                  $5.00
                  - $16.82

                  WAS
                  -1.5 +140

                  $9.00
                  -$12.60

                  Comment
                  • arpeggiomeister
                    SBR MVP
                    • 05-23-08
                    • 1015

                    #79
                    Everything covered again yesterday. On a roll lately. Oakland
                    scored 13 so I am looking to fade the over but they are not playing
                    today. We will start a new chase with HOU.





                    I am working a 60 hour week this week and the spreads are usually
                    not available until after I have to leave so there will not be any
                    Parlay Matrix plays until Saturday. It is perfect my play covered
                    last night. Unfortunately real life gets in the way sometimes, but
                    if it were not for my job then I would not have the money to pay for
                    these little experiments. Necessary evil.





                    Today's Plays:





                    Underdog Chase

                    HOU
                    +180

                    $5.56
                    Comment
                    • arpeggiomeister
                      SBR MVP
                      • 05-23-08
                      • 1015

                      #80
                      HOU wins. I can not connect to BETDSI this morning so I will have no plays. I hope they get this shit straightened out. Guess that is another reason why the pros have multiple accounts
                      Comment
                      • arpeggiomeister
                        SBR MVP
                        • 05-23-08
                        • 1015

                        #81
                        I got the odds off from this website. I still can't access
                        Betdsi. Anyways, here are today's plays. Both are on 1rst tier.





                        Underdog Chase

                        HOU
                        +160

                        $6.25




                        O/U chase

                        OAK
                        U8 -120

                        $12.00
                        Comment
                        • redtagboys
                          SBR High Roller
                          • 01-31-12
                          • 189

                          #82
                          followed you for houston yesterday good pick!
                          Comment
                          • arpeggiomeister
                            SBR MVP
                            • 05-23-08
                            • 1015

                            #83
                            HOU loses so we are on to the second tier. Oakland Under wins.
                            Today's Plays:





                            Underdog Chase

                            HOU
                            $14.58




                            O/U Chase

                            LAA
                            U/8 -115

                            $11.50
                            Comment
                            • arpeggiomeister
                              SBR MVP
                              • 05-23-08
                              • 1015

                              #84
                              thanks brother. This is a chase system though so I can't take credit for an individual play being brilliant. My theory behind chasing Houston is that even the worst team on the power rankings is going to win some games. When you chase the worst team you are usually getting plus odds which allows for a very deep chase system. I am estimating a bankroll of $3,000. If I can survive about 120 games without busting then I will make a 40% ROI for the season. When I combine this with what I am doing in the NFL and NBA it will make 100% ROI a year. My returns on individual bets may be tiny but 100% ROI a year can turn $2,000 into $128,000 in 6 years. Right now I am playing with play money. This is the final piece to the puzzle. When the NFL rolls around I will be playing for real.
                              Comment
                              • DocC
                                SBR Rookie
                                • 05-21-14
                                • 5

                                #85
                                Don't think you need to parlay the underdog moneyline with the over/under? If you use the arb calc on sbr, your profit percentage drops. For instance calculate using 3 options and put the two parlays and runline in and calculate with 2 options and just use the underdog moneyline and favorite runline. I think you get a better percentage with the latter.
                                Comment
                                • arpeggiomeister
                                  SBR MVP
                                  • 05-23-08
                                  • 1015

                                  #86
                                  HOU loses, the under covers. It is interesting that since I start
                                  using the contrarian theory on the over under bets I have gone 12 –
                                  1 – 4. I do not expect this theory to continue hitting at 71% but
                                  if it does there is no reason to use a chase system. I will revisit
                                  that ratio once I have some real numbers under my belt and see if it
                                  holds up.





                                  Today's plays:





                                  Underdog Chase

                                  HOU
                                  +132

                                  $38.51




                                  O/U Chase

                                  MIA
                                  U/7.5 -120

                                  $12.00
                                  Comment
                                  • arpeggiomeister
                                    SBR MVP
                                    • 05-23-08
                                    • 1015

                                    #87
                                    Originally posted by DocC
                                    Don't think you need to parlay the underdog moneyline with the over/under? If you use the arb calc on sbr, your profit percentage drops. For instance calculate using 3 options and put the two parlays and runline in and calculate with 2 options and just use the underdog moneyline and favorite runline. I think you get a better percentage with the latter.
                                    Thanks for the tip. That is why I do these experiments on here. I will check into it as soon as I can come up for air. I am working 60 hours this week and have had very little time for this stuff. Thanks brother.
                                    Comment
                                    • arpeggiomeister
                                      SBR MVP
                                      • 05-23-08
                                      • 1015

                                      #88
                                      The under hits again. Today I wanted Cleveland but the O/U is not
                                      on the boards yet at Betdsi and I do not have time to wait. I took
                                      the under on the Rangers. I am looking to refine this theory a bit
                                      more, especially since it has been performing so strongly. I am
                                      thinking that I should possibly hold out for a team that scores 10 or
                                      more runs in a game. Nobody scored that much but TEX scored 9 last
                                      night so I am going with them.






                                      HOU loses. They would be a perfect team to do a Parlay Matrix on.
                                      They are +215 this morning. Unfortunately the spreads are not up
                                      and I do not have time to wait, but if that game is not decided by a
                                      single run in favor of SEA it wins. Since I do not have the numbers
                                      it will be my unofficial bet.





                                      Today's plays:





                                      Underdog Chase

                                      HOU
                                      +215

                                      $46.20




                                      O/U Chase

                                      TEX
                                      U/8 EV

                                      $10.00
                                      Comment
                                      • arpeggiomeister
                                        SBR MVP
                                        • 05-23-08
                                        • 1015

                                        #89
                                        The Astros and TEX under both lost. We are starting to get deep
                                        on the current chase with the Astros, hitting our 5th tier
                                        today. Despite it being deep the bet is still under $150. That is
                                        impressive. However, even with plus odds this chase will start to
                                        get really expensive if they do not cover within the next 2 or 3
                                        games.





                                        There will be no parlay matrix today as nothing fits my criteria.
                                        I found one that I could do it on but it would be forcing a play.
                                        Bad things happen when you do that. You can't lose money if you do
                                        not risk it. I will try again tomorrow.





                                        Today's plays:





                                        Underdog Chase

                                        HOU
                                        +118

                                        $131.81




                                        O/U Chase

                                        TEX
                                        U/8.5 -110

                                        $31.00
                                        Comment
                                        • arpeggiomeister
                                          SBR MVP
                                          • 05-23-08
                                          • 1015

                                          #90
                                          HOU wins. TEX scores 12 runs, blasting the over. This brings our
                                          under chase to the 3rd tier. We haven't had a Parlay
                                          Matrix for a week because I have been working sick overtime but I
                                          have one for today.





                                          It was mentioned that I might be better off just betting the
                                          moneyline on the underdog and the runline on the favorite instead of
                                          the parlays. I do not think this will work. The parlays pay back more then
                                          3 times the amount wagered. This is what allows me to balance out
                                          the bets so that each situation is profitable. I would love to
                                          create a full out arbitrage but that would require lots of liquidity
                                          and some inefficient lines from a bookie who is slow on the draw.

                                          I
                                          am human and do not claim to be a math genius. I can not see it
                                          working by just betting the two. If I am mistaken and it does work
                                          better please demonstrate it and show the math. Do not be rude or
                                          condescending. I made these threads so we can experiment, learn, and
                                          discover, not to be insulted. If you have knowledge that can help
                                          others share it. That is the spirit of this and all of my threads.





                                          Today's plays:





                                          Underdog Chase

                                          HOU
                                          +137


                                          $7.30





                                          O/U Chase

                                          TEX
                                          U/8.5 -120


                                          $85.20





                                          Parlay Matrix

                                          MIN
                                          +153 O/7 -120


                                          $4.75
                                          – $17.28


                                          MIN
                                          +153 U/7 EV


                                          $4.25
                                          – $17.26


                                          SFO
                                          -1.5 +130


                                          $9
                                          – $11.70


                                          Comment
                                          • sunnyCA
                                            SBR Rookie
                                            • 05-25-14
                                            • 14

                                            #91
                                            hey man I have been reading your stuff and its good info. jus somethin to share with u. I follow the series prices for MLB and I think some games would be very revealing for you if u also look at the series price to refer to. for instance that last HOU vs LAA series was -275 for LAA (which is as big as the favs get for MLB series bets) +220 or somethin like that for HOU. SO after the Angels lost the first game, even though i like your system, the odds still show that they were gonna drop the series and I think the next game was like -180 for LAA with skaggs pitching +160 for HOU and they lost. obvious every big favorite doesnt always work like that but in some instances it can really help. good luck man.
                                            Comment
                                            • DocC
                                              SBR Rookie
                                              • 05-21-14
                                              • 5

                                              #92
                                              So for the parlay matrix, i suggest using the arb calc listed under the sbr tools to balance the bets out. I see that your total bet is $18 so you would bet 4.57 at +364, 4.19 at +406 and 9.22 at +130 all of which will yield a total profit of 3.22 or about 17.93%. Of course, you lose if the favorite wins by a single run. If you wanna stick with the parlaying, i suggest you use this tool as it will allow for optimal bet sizing for balancing purposes.

                                              Now my suggestion was to get rid of the parlaying altogether and just balance bets on the moneyline of the underdog and the runline of favorite.

                                              Using the arb calc for the odds +153 and +130 you should bet 8.57 on the first and 9.43 on the second leg giving you a profit either way of 3.69 or 20.4762%, giving 2+% profit over the parlay matrix method.
                                              Comment
                                              • DocC
                                                SBR Rookie
                                                • 05-21-14
                                                • 5

                                                #93
                                                Now i do see that with your balancing that if Minnesota wins you are winning more than the profit i listed above but thats because you are sacrificing profit from the SF runline cover you know? The bets listed above are the optimal ones for securing the same profit no matter the outcome.
                                                Arb calc man its too powerful.
                                                Comment
                                                • arpeggiomeister
                                                  SBR MVP
                                                  • 05-23-08
                                                  • 1015

                                                  #94
                                                  HOU and the parlay matrix win. TEX under loses. I had to do a
                                                  double take as they scored 12 runs again. We will continue to chase
                                                  the under. This chase is starting to get some depth to it as we are
                                                  on our 4th tier. Unlike the underdog chase that usually
                                                  has plus odds the over under chase can not afford to go nearly as
                                                  deep. I estimate two more tiers before I bust. I am going to stick
                                                  to my guns and see what happens. I believe it will pull through, but
                                                  that is what these experiments are all about... ...to find that out
                                                  in a live environment without getting hurt in the process.





                                                  Today's Plays:





                                                  Underdog Chase

                                                  HOU
                                                  +140

                                                  $7.14




                                                  O/U Chase

                                                  TEX
                                                  U/9 -110

                                                  $182.82




                                                  Parlay Matrix

                                                  NYY
                                                  +150/O7 -115

                                                  $4.75
                                                  - $17.48

                                                  NYY
                                                  +150/U7 -105

                                                  $4.50
                                                  - $17.46

                                                  STL
                                                  -1.5 +140

                                                  $8.75
                                                  - $12.25

                                                  Comment
                                                  • arpeggiomeister
                                                    SBR MVP
                                                    • 05-23-08
                                                    • 1015

                                                    #95
                                                    Originally posted by DocC
                                                    So for the parlay matrix, i suggest using the arb calc listed under the sbr tools to balance the bets out. I see that your total bet is $18 so you would bet 4.57 at +364, 4.19 at +406 and 9.22 at +130 all of which will yield a total profit of 3.22 or about 17.93%. Of course, you lose if the favorite wins by a single run. If you wanna stick with the parlaying, i suggest you use this tool as it will allow for optimal bet sizing for balancing purposes.

                                                    Now my suggestion was to get rid of the parlaying altogether and just balance bets on the moneyline of the underdog and the runline of favorite.

                                                    Using the arb calc for the odds +153 and +130 you should bet 8.57 on the first and 9.43 on the second leg giving you a profit either way of 3.69 or 20.4762%, giving 2+% profit over the parlay matrix method.
                                                    I believe I am following you. I will have to check over the numbers and see if they balance out when the run line is negative. 2% may not sound like much for a single game but in the grand scheme of things it is huge!!! Once compound interest takes hold that extra 2% will make a big difference. I will have to see whether I use it to increase my ROI or add a little safety to the chase system with an extra tier. Either way it is a significant improvement. Thanks for your input brother.
                                                    Comment
                                                    • arpeggiomeister
                                                      SBR MVP
                                                      • 05-23-08
                                                      • 1015

                                                      #96
                                                      Adapting the latest bet with Doc C's arbitrage approach NYY ML $9.80 and STL -1.5 +140 $10.21. I will have to come up with a name for this because it is not a true arbitrage I plan to adapt this approach. This is a significant improvement and should be a little easier to figure out then the Parlay Matrix approach.
                                                      Comment
                                                      • arpeggiomeister
                                                        SBR MVP
                                                        • 05-23-08
                                                        • 1015

                                                        #97
                                                        Originally posted by sunnyCA
                                                        hey man I have been reading your stuff and its good info. jus somethin to share with u. I follow the series prices for MLB and I think some games would be very revealing for you if u also look at the series price to refer to. for instance that last HOU vs LAA series was -275 for LAA (which is as big as the favs get for MLB series bets) +220 or somethin like that for HOU. SO after the Angels lost the first game, even though i like your system, the odds still show that they were gonna drop the series and I think the next game was like -180 for LAA with skaggs pitching +160 for HOU and they lost. obvious every big favorite doesnt always work like that but in some instances it can really help. good luck man.
                                                        My underdog approach does not try to predict when HOU will cover. I am simply guessing that they will win some games and that they will occur often enough as to not bust my bankroll. Since they have plus odds most of the time my chase system can go very deep. I have only needed 5 tiers so far and am currently up $390 against a $3,000 hypothetical bankroll. If I am understanding you correctly, what you are talking about doing is very similar to my 10 point teaser approach in the NFL. I am definitely intrigued because my 10 point teasers are deadly accurate. I rarely need more then 3 tiers. So I believe what you are saying is you should watch for the underdog to win a game in a series and then play the favorite in the next game in that series. That would require an additional experiment. My plate is kind of full right now but if you want to conduct the experiment you are more then welcome to on this thread. That is what my threads are all about, trying new ideas and seeing the results. You have the STL -190 over the NYY, KC -200 over HOU, and SFO -200 over the CHI Cubs. We will have to keep our eye on those series and see if one comes up. Not sure if that was what you were suggesting, but it is a very intriguing idea.
                                                        Comment
                                                        • DocC
                                                          SBR Rookie
                                                          • 05-21-14
                                                          • 5

                                                          #98
                                                          Good stuff man, I've been interested in this runline/moneyline approach for sometime now, guess we'll just have to see how a chase system applied to this works out.

                                                          Also the arb thing will balance out as long as the positive odds are greater than the negative odds...for instance
                                                          +140 and -110 will work out but its not too much of an issue as the -1.5 runline has positive odds usually it seems like. Anyways glad I could help man, keep it up
                                                          Comment
                                                          • arpeggiomeister
                                                            SBR MVP
                                                            • 05-23-08
                                                            • 1015

                                                            #99
                                                            HOU is on a bit of a roll lately. The under bet pushes. I have a decision to make. Toronto scored 10 runs and I am thinking about chasing them. A push means public expectation has been met. Not sure if there is much pull to the under now for Tex as the return was gradual. The Parlay Matrix hit. Will change officially change to the arbitrage strategy recommended by DocC. I think I will call it a "semi-arbitrage" since it is not a guaranteed win but almost every angle is covered. We have a new strategy to consider from SunnyCA as well. Both the Yankees and HOU are heavy underdogs in their series. We should expect the favorites to bounce back. This makes STL and KC good bets for tomorrow. I would probably lean towards KC beating HOU for HOU is still at the bottom of the power rankings.
                                                            Comment
                                                            • arpeggiomeister
                                                              SBR MVP
                                                              • 05-23-08
                                                              • 1015

                                                              #100
                                                              I ended up going with Toronto instead of the Rangers on the under
                                                              as I explained in my last post. HOU covers as well as the parlay
                                                              matrix which we are now using an arbitrage strategy in place of.





                                                              Today's Plays:





                                                              Underdog Chase

                                                              HOU
                                                              +116

                                                              $8.62




                                                              O/U Chase

                                                              TOR
                                                              U/8.5 +105

                                                              $165.23




                                                              Semi-arbitrage Chase

                                                              CIN
                                                              +155

                                                              $9.40
                                                              - $4.46

                                                              SFO
                                                              -1.5 +135

                                                              $10.42
                                                              - $4.46





                                                              I also wanted to track KC -123 and STL -145 to see what happens.
                                                              A new chase system could emerge from this but I do not want to commit
                                                              to tracking it for the season just yet. Just observing for now to
                                                              see how it performs. This chase would be limited to a series which I
                                                              find a little scary because chase systems need to be really deep to
                                                              survive in baseball due to the large number of games. The
                                                              semi-arbitrage can survive with 3 tiers because the odds of that bet
                                                              winning are extremely high but this is different. I think it could
                                                              work. We will just have to watch and see how it performs.
                                                              Comment
                                                              • sunnyCA
                                                                SBR Rookie
                                                                • 05-25-14
                                                                • 14

                                                                #101
                                                                also SF lost yest and is a big fav, as well as washington. we'll see how those 4 teams do. KC, stL, SF and Wash
                                                                Comment
                                                                • DocC
                                                                  SBR Rookie
                                                                  • 05-21-14
                                                                  • 5

                                                                  #102
                                                                  I had a question as to how you would structure the chase for the semi arb plays given that you are betting a lot to win a little...are you trying to grandmartingale here too?
                                                                  Comment
                                                                  • arpeggiomeister
                                                                    SBR MVP
                                                                    • 05-23-08
                                                                    • 1015

                                                                    #103
                                                                    piece of shit is not allowing me to edit. Will repost momentarily
                                                                    Comment
                                                                    • arpeggiomeister
                                                                      SBR MVP
                                                                      • 05-23-08
                                                                      • 1015

                                                                      #104
                                                                      HOU is on a roll. The arb covers. Should have stuck it out with
                                                                      the Rangers as the under covered on that but I went with TOR
                                                                      instead... ...ouch!!! We will stick it out with TOR. This chase is
                                                                      starting to get expensive. We are on our 5th tier with
                                                                      one push. I did add an extra $10 after the push to keep the Grand
                                                                      Martingale going. The “riding the series favorite” was a mixed
                                                                      bag. I already mentioned that HOU won. NYY lost. We will keep an
                                                                      eye on HOU. If they lose today I would say the idea is worth looking
                                                                      into further.





                                                                      Correcting a mistake I made yesterday on the semi-arbitrage, next
                                                                      to the wager amount I put what the profit would be, not what I would
                                                                      actually win. Today I put that amount in parentheses.





                                                                      Today's plays:





                                                                      Underdog Chase

                                                                      HOU
                                                                      +135

                                                                      $7.41




                                                                      Over Under Chse

                                                                      TOR
                                                                      U/9 -105

                                                                      $369.00




                                                                      Semi-arbitrage

                                                                      CIN
                                                                      +170

                                                                      $8.75
                                                                      LAD
                                                                      -1.5 +110

                                                                      $11.25
                                                                      ($3.63)




                                                                      There that's better
                                                                      Comment
                                                                      • arpeggiomeister
                                                                        SBR MVP
                                                                        • 05-23-08
                                                                        • 1015

                                                                        #105
                                                                        Originally posted by DocC
                                                                        I had a question as to how you would structure the chase for the semi arb plays given that you are betting a lot to win a little...are you trying to grandmartingale here too?
                                                                        To keep matters simple I was multiplying by 10 each time. There are 3 tiers. I risk $20, $200, $2,000. The math is not refined so if you win on the second tier you are recovering almost double what you lost. If I were to sit down and figure the math on it I could reduce the bankroll size considerably which I really should do. Currently if I played 100 of these and won at the first level I would come out with an 18% ROI for the season. I balance things out properly the total bankroll can be reduced which will raise that ROI. The only problem I see is that not every bet is hitting over 20%. Today's bet is only 18%. The math is going to be a little fuzzy no matter what I do. I need to leave some room for flexibility.
                                                                        Comment
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