1. #246
    ledjend
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    TODAY 8/4


    - Min C bet (vs Tor) -
    currently +147, play Run Line +1.5 at -145 (707 est)
    - SF A bet -
    currently -111, play Alt Run Line +1.5 at -265 (710 est)
    - NYM A bet (vs Mia) -
    currently -127, play Alt Run Line +1.5 at -285 (710 est)
    - TB A bet (vs CHW) -
    currently +119, play Run Line +1.5 at -190 (810 est)
    - SD A bet (vs Mil) -
    currently +112, play Run Line +1.5 at -205 (810 est)


    Kind of a scary C bet today on the surface, but Hughes has been pitching well and the Twins normally score a ton of runs with him on the mound. They have also owned Estrada in the past. He's 0-2 with a 6+ ERA against them.

    Toronto's hot, but hopefully the Twins can cool them off for one game.

    Good luck!


    *IMPORTANT:
    Be sure to monitor the lines on Covers.com and wait as long as you can to place your action. Closing lines of -130 or lower should be made on the Run Line/Alternate Run Line.

  2. #247
    chief42
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    Ledjend,

    Regarding the closing lines that you base your runline/ml/altrunline plays on from covers.com I am going to use the Mets vs Marlins as an example. Are you using the lines from this page here from the odds that covers.com tracks for the away team? Also, if the team is home do you use the odds listed on this page here? I just wanted to clarify to make sure I am tracking the correct odds.

    Great Job so far, I have seen a few systems on this site most do not pan out for the long haul. I sincerely hope that yours does and that your hard work and research pay off you. I have followed your plays since its inception in July and have started to tail you as of today. If I could say one thing in advice: Ignore the people who hate on you for whatever reason. Best thing to do is to ignore them, once you reply it only adds fuel to their fire. I hope this thread stays classy through the ups and downs. BOL to you sir

  3. #248
    ledjend
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    Quote Originally Posted by chief42 View Post
    Ledjend,

    Regarding the closing lines that you base your runline/ml/altrunline plays on from covers.com I am going to use the Mets vs Marlins as an example. Are you using the lines from this page here from the odds that covers.com tracks for the away team? Also, if the team is home do you use the odds listed on this page here? I just wanted to clarify to make sure I am tracking the correct odds.

    Great Job so far, I have seen a few systems on this site most do not pan out for the long haul. I sincerely hope that yours does and that your hard work and research pay off you. I have followed your plays since its inception in July and have started to tail you as of today. If I could say one thing in advice: Ignore the people who hate on you for whatever reason. Best thing to do is to ignore them, once you reply it only adds fuel to their fire. I hope this thread stays classy through the ups and downs. BOL to you sir
    Hey Chief,

    Thanks for checking in and welcome aboard!

    This is the page I use. It's the "Scores & Matchups" link in the drop-down menu under MLB.

    And I agree with your philosophy as far as haters go - but I also like to give people the benefit of the doubt. Just because someone disagrees doesn't necessarily make them a hater in my opinion. And sometimes it takes a little back in forth interaction to make that distinction. Also, haters are sometimes the best teachers because they're always looking for a chink in the armor - and they'll let you know immediately if you have one.

    My point is, if it sometimes seems like I'm adding fuel to someone's fire, there's reason behind it.

    Good luck tonight!

  4. #249
    bryanoens
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    Ledjend, thanks for your research and info. Been following for about 3 weeks and I'm all smiles. Haters will hate. Sure the juice can look bitter but the results are sweet. Keep it up! Still 80 units to go

  5. #250
    F42294
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    Quote Originally Posted by ledjend View Post
    TODAY 8/4

    - Min C bet (vs Tor) -
    currently +147, play Run Line +1.5 at -145 (707 est)
    - SF A bet -
    currently -111, play Alt Run Line +1.5 at -265 (710 est)
    - NYM A bet (vs Mia) -
    currently -127, play Alt Run Line +1.5 at -285 (710 est)
    - TB A bet (vs CHW) -
    currently +119, play Run Line +1.5 at -190 (810 est)
    - SD A bet (vs Mil) -
    currently +112, play Run Line +1.5 at -205 (810 est)
    I took the Alt Run Line on all the plays today but SF and NYM both were very close to -130. I think depending on the site you use it may have been over -130. I know the rule is to use Covers but my thinking is I should use the line based on what I am actually getting instead of what Covers has since that isn't actually the line I am betting.

    Thoughts?

  6. #251
    bob6199
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    Using Pinnacle's line the 3 Gm loss of Fading Toronto was around 11.35, so perfect chase to lose, considering the AVG loss is much higher then that

  7. #252
    Slipknot26
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    The back testing is based of covers spread , so I would only base everything off of that line.
    If yours is different , you should still base the bet off the line to which covers is using. It could be the difference in a lot of money should you base it off your line and lose an extra chase or two.
    Example - You take -132 at your book on a "C" chase , so you bet straight at -132. While covers was 128, so you should bet ALR +1' . The team you bet losses by 1 , that's a 17 unit loss by basing off your line which should be a Win since it should have been ARL .
    He can answer but the past years data is only off covers -130 line when using the ARL. So I've been betting off of it regardless what I get it at due to the results from the back testing.
    Or I hope it is , the system is all based off specific data , "Covers " line .
    Points Awarded:

    ledjend gave Slipknot26 2 Betpoint(s) for this post.


  8. #253
    ledjend
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    Quote Originally Posted by bryanoens View Post
    Ledjend, thanks for your research and info. Been following for about 3 weeks and I'm all smiles. Haters will hate. Sure the juice can look bitter but the results are sweet. Keep it up! Still 80 units to go
    My pleasure Bryan - awesome to hear you've been playing for that long! Last 3 weeks were tremendous - but definitely still work to be done!

    Thanks for chiming in!
    Last edited by ledjend; 08-04-15 at 10:51 PM.

  9. #254
    ledjend
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    Quote Originally Posted by bob6199 View Post
    Using Pinnacle's line the 3 Gm loss of Fading Toronto was around 11.35, so perfect chase to lose, considering the AVG loss is much higher then that
    That's exactly how I feel, Bob. Knowing that losses are gonna happen, you couldn't ask for a better series to lose.

    I had lines at: -155, -110, and -140.
    Total cost: -11.86 units.

    We'll round to 12 to keep it neat.

  10. #255
    ledjend
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    Quote Originally Posted by Slipknot26 View Post
    The back testing is based of covers spread , so I would only base everything off of that line.
    If yours is different , you should still base the bet off the line to which covers is using. It could be the difference in a lot of money should you base it off your line and lose an extra chase or two.
    Example - You take -132 at your book on a "C" chase , so you bet straight at -132. While covers was 128, so you should bet ALR +1' . The team you bet losses by 1 , that's a 17 unit loss by basing off your line which should be a Win since it should have been ARL .
    He can answer but the past years data is only off covers -130 line when using the ARL. So I've been betting off of it regardless what I get it at due to the results from the back testing.
    Or I hope it is , the system is all based off specific data , "Covers " line .
    I was hoping someone would answer that question - thanks for grabbing the horns, Slip. Couldn't have said it better myself!

  11. #256
    ledjend
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    YESTERDAY 8/4

    Flat Betting
    (Entered day 74-42, -.94 u)

    - Min +1.5 at -140 - Loss
    - SD +1.5 at -195 - Loss
    - SF +1.5 at -270 - Win
    - NYM +1.5 at -300 - Win
    - TB +1.5 at -205 - Win


    3-2, -.35 u on day

    Year to date only -199 lines and below - 53-32, +2.86 u
    Year to date only -200 lines and above - 24-12, -4.15 u

    Year to date combined - 77-44, -1.29 u



    Chase
    (Entered day 73-1, +56.5 u)

    - Min C bet (vs Tor) - Loss...-155, -110, -140 = -11.85 u (rounded to -12 units)
    - SD A bet (vs Mil) - Loss
    - SF A bet - Win
    - NYM A bet (vs Mia) - Win
    - TB A bet (vs CHW) - Win


    Year to date - 76-2, +47.5 u


    Important Note:
    As of 7/23, lines of -200 or greater I have not been flat betting - but I continue to keep records for both: 1) for those of you who still are, and 2) to see whether that decision will turn out to be profitable or not.

  12. #257
    ledjend
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    After the C bet loss tonight I became curious to see exactly when the losses occurred in the past - whether they've been bunched or not. In case you were curious too, here's that info:

    2015 - 7/3 and 8/5
    2014
    - 9/7 and 9/13
    2013 - 8/1, 2 on 8/8, 8/18, and 9/1
    2012 - 7/2, 7/31, 8/19, 9/10
    2011 - 7/10, 7/21, 7/30, 8/4, 8/28, and 9/10
    2010 - 7/29, 8/7, 8/24, 8/28, and 9/19


    Aside from that really rough patch in 2013 where there were 2 losses in the same day, they've been pretty spread apart - which is what I was hoping for.

    Obviously this year could be different, but it helps me sleep when I know percentages are in our favor.

  13. #258
    F42294
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    In relation to using covers line or the line you are getting when you place the bet.... it can work both ways as to being a positive or a negative. Sometimes a loss will save you units or cost you units.

    In the Slipknot26 example above it would have cost units to not use the Cover line and take the Alt Run Line instead, However, in ledjens own example from this year he shows how a loss would have been cheaper in his own experience because he had them on the +1.5 line (note: he had +1.5 even though Covers close was -129)....

    Quote Originally Posted by ledjend View Post
    Yea they closed at -129 on Covers.com - anything under -130 is a Run Line play. I had them at -220 on sportsbetting.com. If you didn't take them at +1.5 you lucked out.

    I'll try to wait as long as I can to post plays so we're at least in the ballpark with the closing lines - but you guys are definitely going to have to do some monitoring of your own. I normally don't place my bets until right before the first pitch.
    ...this shows how using or not using Covers line can cost you $ or save you $ on any single loss.


    This system is based not on one particular game but on a series of games. Knowing that historically there are only about 5 series loss' per year I would think that when the line is around the cutoff for using the Alt Run Line that the most prudent course of action would be to error on using the Alt Run Line. By using the Alt Run Line when Covers vs your book are on opposite sides of -130 you are risking more units on a particular game. However, by using the Alt Run Line you could actually win a game that someone who took the game on the Money Line would lose. If the bet team loses a game by 1 run, Money line players lose while Alt Run Line players win, however there is never an instance when Money Line players would win while Alt Run Line players would lose.

    The risk is that if a game is lost by more than 2 runs the Alt Run Line player would lose more on this particular game and would have to risk more on subsequent games in the series. However, a win in subsequent games would render the extra risk a mute point, the only issue would be if this happened to be one of the rare series loss' (historically about 5 per year). Because the historically low risk of a series loss in this system I think you are better off taking the Alt Run Line vs taking the money line when the line is on opposite sides of -130 between Covers and your book.
    Last edited by F42294; 08-05-15 at 10:35 AM. Reason: Fix number of series loss' per year

  14. #259
    ledjend
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    Quote Originally Posted by F42294 View Post
    In relation to using covers line or the line you are getting when you place the bet.... it can work both ways as to being a positive or a negative. Sometimes a loss will save you units or cost you units.

    In the Slipknot26 example above it would have cost units to not use the Cover line and take the Alt Run Line instead, However, in ledjens own example from this year he shows how a loss would have been cheaper in his own experience because he had them on the +1.5 line (note: he had +1.5 even though Covers close was -129)....



    ...this shows how using or not using Covers line can cost you $ or save you $ on any single loss.


    This system is based not on one particular game but on a series of games. Knowing that historically there are only about 5 series loss' per year I would think that when the line is around the cutoff for using the Alt Run Line that the most prudent course of action would be to error on using the Alt Run Line. By using the Alt Run Line when Covers vs your book are on opposite sides of -130 you are risking more units on a particular game. However, by using the Alt Run Line you could actually win a game that someone who took the game on the Money Line would lose. If the bet team loses a game by 1 run, Money line players lose while Alt Run Line players win, however there is never an instance when Money Line players would win while Alt Run Line players would lose.

    The risk is that if a game is lost by more than 2 runs the Alt Run Line player would lose more on this particular game and would have to risk more on subsequent games in the series. However, a win in subsequent games would render the extra risk a mute point, the only issue would be if this happened to be one of the rare series loss' (historically about 5 per year). Because the historically low risk of a series loss in this system I think you are better off taking the Alt Run Line vs taking the money line when the line is on opposite sides of -130 between Covers and your book.
    Thanks for the post F42294.

    The point I think Slip was trying to make and that I agree with is that Covers is the be-all and end-all line when it comes to using this system. It is the only line that you and I should ever be concerned with - period.

    That being said, I do agree with erring on the side of caution by playing the Alt Run Line when in doubt. You made a great description of how you would actually be risking more by playing the Money Line instead of the Alt Run Line in a flip-flop situation.

    From my experience, lines generally don't move more than 1-2 points in the last 10 minutes before first pitch. So if the line's sitting at -133 within that last 10 minutes, I'd say it's safe to pull the trigger on the Money Line. Same with -127, which you'd then play the Alt Run Line. The tricky part is when you're sitting -128 to -132. That's when I'll normally just punch the ARL.

    I'm glad you brought this up because it hasn't been talked about before and it's extremely important - thanks again!

  15. #260
    ledjend
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    TODAY 8/5


    - Bos A bet -
    currently +177, play Run Line +1.5 at -120 (705 est)
    - Was A bet (vs Ari) -
    currently -143, play Money Line (705 est)
    - SD B bet (vs Mil) -
    currently +114, play Run Line +1.5 at -195 (810 est)


    Good luck tonight!


    *IMPORTANT:
    Be sure to monitor the lines on Covers.com and wait as long as you can to place your action. Closing lines of -130 or lower should be made on the Run Line/Alternate Run Line.

  16. #261
    ledjend
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    YESTERDAY 8/4

    Flat Betting
    (Entered day 77-44, -1.29 u)

    - Was -132 - Loss
    - SD +1.5 at -205 - Loss
    - Bos +1.5 at -120 - Win


    1-2, -2.37 u on day

    Year to date only -199 lines and below - 54-33, +2.54 u
    Year to date only -200 lines and above - 24-13, -6.20 u

    Year to date combined - 78-46, -3.66 u



    Chase
    (Entered day 76-2, +47.5 u)

    - Was A bet (vs Ari) - Loss
    - SD B bet (vs Mil) - Loss
    - Bos A bet - Win


    Year to date - 77-2, +48.5 u


    Important Note:
    As of 7/23, lines of -200 or greater I have not been flat betting - but I continue to keep records for both: 1) for those of you who still are, and 2) to see whether that decision will turn out to be profitable or not.

  17. #262
    ledjend
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    TODAY 8/6


    - StL A bet (vs Cin) -
    currently -153, play Money Line (1235 est)
    - SD C bet (vs Mil) -
    currently +105, play Run Line at -205 (210 est)
    - Was B bet (vs Ari) -
    currently -150, play Money Line (405 est)


    All early games today - good luck!


    *IMPORTANT:
    Be sure to monitor the lines on Covers.com and wait as long as you can to place your action. Closing lines of -130 or lower should be made on the Run Line/Alternate Run Line.
    Points Awarded:

    bob6199 gave ledjend 2 Betpoint(s) for this post.


  18. #263
    kg34
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    Been following for several weeks. Thanks for updating and posting your picks, it's appreciated.

  19. #264
    bryanoens
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    Padres down 4-0 early. Come on!!!

  20. #265
    tr4sh
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    This is going to be a painful loss

  21. #266
    bob6199
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    23.625 unit loss on the Padres, assuming they don't have a miracle comeback in them.

  22. #267
    pm9964
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    Wow, Padres you suck. Need to find some kind of filter here.

  23. #268
    pm9964
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    The last C bet that lost and now this one, any similarities? We're they cold teams or in a slump?

  24. #269
    stacks on deck
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    You guys have to figure there is gonna be like 4 or more losses.

  25. #270
    pm9964
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    Oh I'm not complaining, I understand the risk, just trying to think of filters to limit the losses

  26. #271
    Can U Tank It
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    Quote Originally Posted by stacks on deck View Post
    You guys have to figure there is gonna be like 4 or more losses.
    exactly sir- thats why this is a 1% max A bet system. risking 25% of ones bank to recoup the initial 2% A level bet should gag anyone in their right mind.

  27. #272
    pm9964
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    Let's move on to tomorrow!

  28. #273
    keel44
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    He has about a 26.9 unit profit right now. He is on pace to go (135 - 3) the rest of the way. Assuming each loss would be about 19 units lost (3 * 19 = 57)......

    135 + 26.9 in total profits = 161.9
    161.9 - 57 additional losses = 104.9 net profit

    * All of this is according to his 5 year back testing stats on page 3*

    In other words we are right on track
    Points Awarded:

    ledjend gave keel44 2 Betpoint(s) for this post.


  29. #274
    ledjend
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    Hell of a rough week so far. Losses were bound to happen, but I obviously was hoping for a little more separation between them. My bankroll took a heavy hit in the last 3 days as I'm sure yours did too (unless you're flat betting of course).

    Fact of the matter is though, we're still +25.5 units in a little over a month. So as long as you're managing your bankroll correctly (no more than 2% of your bankroll per series), you're still ahead of the game.

    Another silver lining is that a similar sequence took place in 2013 where there were actually 2 losses in one day (8/8/13). That season still managed to profit 124 units.

    Bottom line, we still have a month and a half left to do some major damage. Losing sucks. Shit happens. But history is completely on our side - and that's where my money is going.

  30. #275
    ledjend
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    Quote Originally Posted by kg34 View Post
    Been following for several weeks. Thanks for updating and posting your picks, it's appreciated.
    My pleasure kg - thanks for sharing!

  31. #276
    ledjend
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    Quote Originally Posted by tr4sh View Post
    This is going to be a painful loss
    Definitely! The cost was painful, but also the way those B and C games played out - that was the hardest part to swallow in my opinion.

  32. #277
    ledjend
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    Quote Originally Posted by bob6199 View Post
    23.625 unit loss on the Padres, assuming they don't have a miracle comeback in them.
    I need to start using your lines Bob. I had:

    -195, -205. -190 = -25.1 units (rounding to -25)

  33. #278
    ledjend
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    Quote Originally Posted by stacks on deck View Post
    You guys have to figure there is gonna be like 4 or more losses.
    Exactly, Stacks - anywhere from 2-6 losses each year.

  34. #279
    ledjend
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    Quote Originally Posted by pm9964 View Post
    Oh I'm not complaining, I understand the risk, just trying to think of filters to limit the losses
    There are filters.

  35. #280
    ledjend
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    Quote Originally Posted by Can U Tank It View Post
    exactly sir- thats why this is a 1% max A bet system. risking 25% of ones bank to recoup the initial 2% A level bet should gag anyone in their right mind.
    I kindly disagree and am of the opinion that 2% is not only safe but will also maximize profits when using this system. No more than that though.

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