50% chance of winning 4.5:1... need some math help.

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  • cubical
    SBR Rookie
    • 08-22-08
    • 27

    #1
    50% chance of winning 4.5:1... need some math help.
    I have a system where I have a 50% chance of winning 4.5 units for a 1 unit risk. What % of my bankroll should I put on each play. As for the system, it is kinda complicated and involves correlated plays. It works consistently and I have turned $200 into $4k in 2 months. I just want to do it the most efficiently before the book finds out. Thanks for any input.
  • proprvillain
    SBR Rookie
    • 12-07-08
    • 25

    #2
    1) Divide your bankroll by 2
    2) Make two plays per day, each for half of your roll
    3) Win 50%
    4) Report back here after world domination
    Comment
    • cubical
      SBR Rookie
      • 08-22-08
      • 27

      #3
      Oops. I am an idiot. I can just put everything on each game because I can only lose ~10% on each play and I could gain about 40%. Would you guys advise me to go balls to the wall? Do books actively search out people who consistently are winning? Maybe I should just keep it low key.
      Comment
      • BGboothA
        SBR MVP
        • 08-07-08
        • 4202

        #4
        LMAO, my BS meter usually doesn't go this crazy unless I am reading my Bible.
        Comment
        • cubical
          SBR Rookie
          • 08-22-08
          • 27

          #5
          Your BS meter must be off. I would prove it to you, but I do not want to take a SS and give away the book.
          Comment
          • Peep
            SBR MVP
            • 06-23-08
            • 2295

            #6
            Your problem will be getting cut off, not maximizing your profitability.

            So just keep doing what you are doing with bigger amounts.

            Let's see, you turned $200 into 4K in two months.

            Which means you could turn 4K into 80K by Jan 1st, if the book lets you.

            Report back with 80K then. GL with your plays.
            Comment
            • bleedblue
              SBR Sharp
              • 07-22-08
              • 323

              #7
              Just so you know, there is a good chance the book will confiscate your winnings when they catch onto you. IMO, there is a big difference between standard correlated parlays and what you are doing.

              Reasonable: TeamX -35/over 40

              Unreasonable: TeamA -160/ TeamA -2.5 -135/ TeamA -3 -110


              Anyway, Good luck, just beware of the problems you may run into getting your money...
              Comment
              • CaptainPrice
                SBR MVP
                • 10-29-09
                • 1064

                #8
                whats a correlated parlay?
                Comment
                • nobs
                  Restricted User
                  • 08-31-09
                  • 4216

                  #9
                  22 %
                  Comment
                  • cubical
                    SBR Rookie
                    • 08-22-08
                    • 27

                    #10
                    Originally posted by bleedblue
                    Just so you know, there is a good chance the book will confiscate your winnings when they catch onto you. IMO, there is a big difference between standard correlated parlays and what you are doing.

                    Reasonable: TeamX -35/over 40

                    Unreasonable: TeamA -160/ TeamA -2.5 -135/ TeamA -3 -110


                    Anyway, Good luck, just beware of the problems you may run into getting your money...
                    No it not an illegal play where when one wins the others have to win. I lost money tonight, not much, but a little bit.
                    Comment
                    • HedgeHog
                      SBR Posting Legend
                      • 09-11-07
                      • 10128

                      #11
                      Use the Kelly Tool to figure the proper Bankroll % for each play. 2 very important questions: Have you tried to collect yet and is this Book rated B or better by SBR ?
                      Comment
                      • TGoat
                        Restricted User
                        • 08-07-09
                        • 612

                        #12
                        Originally posted by cubical
                        I have a system where I have a 50% chance of winning 4.5 units for a 1 unit risk. What % of my bankroll should I put on each play. As for the system, it is kinda complicated and involves correlated plays. It works consistently and I have turned $200 into $4k in 2 months. I just want to do it the most efficiently before the book finds out. Thanks for any input.
                        In two months time, how many of these wagers have you made?

                        FYI in Las Vegas you can't parlay the run line with the money line. You can't parlay the puck line to the money line to the total. You can't parlay the money line to the point spread.

                        If you can do this online and you are winning, then it is probably just a matter of time before you get shut down.

                        When you say you have a "system," does this mean you have a systemized way of making selections? Or does this mean you have a systemized way of constructing your wagers? Or is it a combination of both?

                        If it's the former, expect to run bad sooner rather than later.

                        If it's the latter, expect to run bad sooner rather than later.
                        Comment
                        • cubical
                          SBR Rookie
                          • 08-22-08
                          • 27

                          #13
                          I do the same set of bets for every game. As soon as they catch on I will post what I am doing. I don't know how long this will go on, but it can't be much longer.

                          PS I asked this elsewhere without much luck. Have you guys ever cashed out via Money Gram? Are you required to show SSN or do you just show your ID to prove your name. Thanks
                          Comment
                          • jgilmartin
                            SBR MVP
                            • 03-31-09
                            • 1119

                            #14
                            Originally posted by cubical
                            PS I asked this elsewhere without much luck. Have you guys ever cashed out via Money Gram? Are you required to show SSN or do you just show your ID to prove your name. Thanks
                            Just your ID in my experience.
                            Comment
                            • dwaechte
                              SBR Hall of Famer
                              • 08-27-07
                              • 5481

                              #15
                              Good luck buddy, you're going to need it..
                              Comment
                              • cubical
                                SBR Rookie
                                • 08-22-08
                                • 27

                                #16
                                Update...

                                Cashed out pretty large sum without problems =)
                                Comment
                                • skrtelfan
                                  SBR MVP
                                  • 10-09-08
                                  • 1913

                                  #17
                                  If it's something obvious enough that you can bet it blindly every game, but not obvious enough the book is likely to retroactively confiscate your winnings, I would be more concerned with coming up with good cover plays as opposed to making sure my bet size is optimal, particularly since things that strong often come with a $300 or $500 limit anyway.
                                  Last edited by skrtelfan; 11-13-09, 11:01 PM. Reason: correcting typo
                                  Comment
                                  • bleedblue
                                    SBR Sharp
                                    • 07-22-08
                                    • 323

                                    #18
                                    Just read your other thread. I like how you say that the bets aren't that correlated there, but here you say that you are 50% to win getting 4.5:1. Congrats on getting paid, but dont be suprised if they confiscate some/all winnings when they find out.
                                    Comment
                                    • cubical
                                      SBR Rookie
                                      • 08-22-08
                                      • 27

                                      #19
                                      Originally posted by bleedblue
                                      Just read your other thread. I like how you say that the bets aren't that correlated there, but here you say that you are 50% to win getting 4.5:1.
                                      what do you mean?
                                      Comment
                                      • JoeVig
                                        SBR Wise Guy
                                        • 01-11-08
                                        • 772

                                        #20
                                        Originally posted by cubical
                                        ... As soon as they catch on I will post what I am doing. I don't know how long this will go on, but it can't be much longer ...
                                        You are violating the basic principle of not getting caught:
                                        - Steal once
                                        - Steal big
                                        - Walk away

                                        Anything more and you get what you deserve.
                                        Comment
                                        • cubical
                                          SBR Rookie
                                          • 08-22-08
                                          • 27

                                          #21
                                          Originally posted by JoeVig
                                          You are violating the basic principle of not getting caught:
                                          - Steal once
                                          - Steal big
                                          - Walk away

                                          Anything more and you get what you deserve.
                                          They gonna come after me? lol

                                          I think a huge jump in my balance would get me caught faster than slowly building with occasional payouts.
                                          Comment
                                          • skrtelfan
                                            SBR MVP
                                            • 10-09-08
                                            • 1913

                                            #22
                                            If it were just you, perhaps, but if it's something that obvious there's a good chance someone else noticed the same thing as well.
                                            Comment
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