Best and Proven Labby System?

[jolmscheid]

Hey guys. I see that many posters on here like to use the "Labby" for their plays and I know of some posters that do very well with them like Chilidog, JW Cash, Hagball, amongst others...

Now I know there are many different variations of it like 2-line and 3-line labby's etc and many claim to use them for John Morrison and Sports Betting Professor's chase systems and gain large profits...what I am asking, is it better to use them for 1 play for each labby or will it work for many plays on a labby? I know that it takes around 42% to break even on a labby, so then why wouldn't one just bet every single underdog in the MLB each day and use it on a 2 or 3-line labby since underdogs win at a 43-44% rate?

Finally, many also say that ABSOLUTELY NO MONEY MANAGEMENT SYSTEM can turn a profit unless the plays are +EV.....so what is the real answer here guys?

Would look forward to some insight...I would like to believe that strict money management with these labby's can lead to profits, but then why wouldn't everyone be doing it if it really does work?

[jolmscheid]

Some examples of what some people do using a 2 or 3 line labby are:

*Fade touts


*Use John Morrison / Sports Betting Professor / Crusher chase systems

*Take the biggest MLB / NHL favorite of the day and play them on the -1.5 RL / PL

*Take every opening MLB series favorite of -145 or more and chase using labbys

There are many others out there as well....I would like to see some results over multiple seasons of any systems that people use on their labbys and if it really is profitable long term?

Thanks guys....would like to discuss both sides of the spectrum!

[jolmscheid]

Bump...

[wiffle]

lollercoaster

[BetaB]

I think i can answer the 2nd question. No money management will be made with out +ev is certainly true. Without +EV, the scenario is exactly the same as playing in Casino. You can read this Article(http://wizardofodds.com/gambling/bettingsystems.html) and browse around the site. Basically, it's say every money management has a particular pattern to them that will kill off your BR (e.g. a series of 3win followed by 3 loses for 3 game chase etc.) and if you had bet enough that particular pattern will occur and wash you clean(break even with no edge on either side)

[J.M. Disciple]

BetaB is right about betting in the "casino" with the labby... I played about 10,000 hands of blackjack with a $1 unit size in the casino and i was up 1500 units at one point, but the labby was busted due to table limits and I lost it all back... actually I still made $200 then I stopped. I could see that long run it was not going to work and wasn't worth all the time and effort.

Sports betting it works differently though. As I stated in the forum, just wait for the spread sheet to be posted and you will see some really good variations that the labby can be used in.

I think the AI is the biggest problem in online casinos. Also table limit is a problem. Ive had streaks where I only won 20 out of 100 hands or 29 out of 100 hands betting on black for roulete or playing baccarat which has the best odds in the casino at 49%.

AI and table limit causes great problems.... Sports betting doesn't have that problem, so the labby works and tons of professional bettors use it.