Originally Posted by
sapidoc
First, I like this thread.
For everyone saying that things are confusing / still don't know what we are doing: stingyrivers looks like he has this under control. He's already said he'll be making a new thread, detailing the picks and it will be reall easy to follow once the system kicks off.
That being said, I don't want to start adding conditions/rules to what looks to be an already solid system, but a few things that have come up from various people I'd like to comment on.
#1) I don't want to lose a chase and lose tons of $. How can we reduce what we lose if it happens
#2) Let's wait for a loss and then start the chase.
Its already been stated that waiting for a loss greatly reduces the number of games/series you can play. We want to avoid this.
So I started thinking of how we can accomplish both of these things but (for lack of data and time) will not calculate a new 'rule'. I simply want to share a thought and if stingyrivers cares to comment it would be appreciated.
First, my understanding of the current system (assuming $100 units, 3x chase, and -150 odds)
$150.00 to win $100.00 GAME1
$375.00 to win $100.00 GAME2 (chase)
$712.50 to win $100.00 GAME3 (chase)
Sweep Loss: -$1237.50
Therefore (assuming constant units throughout the season) we could have a loss for every 13 series we win and show a profit.
My idea stems from the question: Of the chases we will be attempting how many of them will we win in game 1? what about by game 2?
Assuming -150, would it be a bad idea to employ the following:
$150.00 to win $100.00 GAME1
$225.00 to win $000.00 GAME2 (chase)
$487.50 to win $100.00 GAME3 (chase)
Sweep Loss: -$862.50
In this case, you could have a loss for every 9 chase wins and show a profit, but you would have less wins since you are breaking even/stopping after a Game2 'win'.
OR
$150.00 to win $100.00 GAME1
$375.00 to win $100.00 GAME2 (chase)
$562.50 to win $000.00 GAME3 (chase)
Sweep Loss: -$1087.50
Again, you could sustain a loss every 11 series you win, but of the series that you need to get to Game3 for, you breakeven so you would have less series 'wins'.
In both of these methods, you are basically reducing your loss if it occurs, but also reducing you wins if it lands on your breakeven game.
I want to say that it may very well be better expected value to just stick with the original series chase system than what I have outlined. But if the game 1 wins or game 2 wins are high enough %-likely then it is actually possible to have a better risk/reward using these.
To simplify, the only fear is really having a team come and sweep the NYY's this year (for example).
If the Jays show up in Yankee stadium and win their first two games, how pumped are they going to be to try and sweep with a win on that last game? Would they be less likely after winning the first two or more? What will the odds on that last game suggest/dictate? Could a team that has won two games already make it a 1-run game in the 3rd of the series?
Anyway, just thought I would share my thoughts. I do like this thread and all the work stingyrivers has done up until now and I wanted to contribute some food for thought.
Any comments are appreciated.