Here is my strategy I thought of that I'm backtesting now, but I wanted to know if anyone has ever heard of it or used it before.
-Using a variation of the Martingale betting strategy, I bet on the home team in every 3-4 game series.
-I always start to win 1 unit
-When the home team wins a game in the series, I stop betting on that series.
-If the home team loses, I bet on the same team the next game in the series only I increase my bet to be up 1 unit total on the series.
-The idea behind it is teams rarely get swept at home, no matter how good their opponent is.
Example:
Scenario 1:
1.2 unit on Team A -120 (at home, vs Team B)
Team A wins, I win 1 unit, no more plays in this series
Scenario 2:
1.2 unit on Team A -120 (at home, vs Team B)
Team A loses
2.2 units on Team A +100 (at home, vs Team B)
Team A wins, I win 2.2 units, up 1 unit on the series, no more plays in this series
Scenario 3:
1.2 unit on Team A -120 (at home, vs Team B)
Team A loses
2.2 units on Team A +100 (at home, vs Team B)
Team A loses
6.16 units on Team A -140 (at home, vs Team B)
Team A wins, I win 4.4 units, up 1 unit on the series
Scenario 4:
1.2 unit on Team A -120 (at home, vs Team B)
Team A loses
2.2 units on Team A +100 (at home, vs Team B)
Team A loses
6.16 units on Team A -140 (at home, vs Team B)
Team A loses, I lost 9.56 units in this series, start back at 1 next series
There are some other caveats but I won't go into too much detail. I'm only through checking the AL from last season right now but it seems to be quite profitable.
Hopefully that made sense. Has anyone heard of this strategy before? Is it legit?
-Using a variation of the Martingale betting strategy, I bet on the home team in every 3-4 game series.
-I always start to win 1 unit
-When the home team wins a game in the series, I stop betting on that series.
-If the home team loses, I bet on the same team the next game in the series only I increase my bet to be up 1 unit total on the series.
-The idea behind it is teams rarely get swept at home, no matter how good their opponent is.
Example:
Scenario 1:
1.2 unit on Team A -120 (at home, vs Team B)
Team A wins, I win 1 unit, no more plays in this series
Scenario 2:
1.2 unit on Team A -120 (at home, vs Team B)
Team A loses
2.2 units on Team A +100 (at home, vs Team B)
Team A wins, I win 2.2 units, up 1 unit on the series, no more plays in this series
Scenario 3:
1.2 unit on Team A -120 (at home, vs Team B)
Team A loses
2.2 units on Team A +100 (at home, vs Team B)
Team A loses
6.16 units on Team A -140 (at home, vs Team B)
Team A wins, I win 4.4 units, up 1 unit on the series
Scenario 4:
1.2 unit on Team A -120 (at home, vs Team B)
Team A loses
2.2 units on Team A +100 (at home, vs Team B)
Team A loses
6.16 units on Team A -140 (at home, vs Team B)
Team A loses, I lost 9.56 units in this series, start back at 1 next series
There are some other caveats but I won't go into too much detail. I'm only through checking the AL from last season right now but it seems to be quite profitable.
Hopefully that made sense. Has anyone heard of this strategy before? Is it legit?