[danshan11]

Yes, I'm sure you're a winning bettor just like everyone else on theses forums. LOL. 1% of bettors win and they must all be on these forums, it's such a joke. There is never anything constructive anymore.

you read 'martingale' and you laugh....reread the post.

yeah there is a say 1% winners out there, but what the heck do they do? I WANT TO KNOW!!!!

[oilcountry99]

yeah there is a say 1% winners out there, but what the heck do they do? I WANT TO KNOW!!!!

I'm sure tsty knows

[Alfa1234]

what is a 15% win rate? I dont know that terminology

Winning 15% of total number of bets you placed. Say you place 100 bets in a month and win 15 of those (losing 85), your win rate is 15%.

You can still make a profit if the odds are high enough, obviously.

[snapperman2]

I interpret 15% win rate to mean 15% ROI. In other words he wins 15% of the total amount he wagers. So if he wagers $100 then he wins $15 on average. Needless to say that is a very high win rate if true.

[danshan11]

that would be the highest I have ever heard of not saying its not true just saying it would be the highest I ever heard of

[slapshot]

it's not only about picking the right team...no one can pick winners consistently and frequently...money management equally important as the picks,

flat is doubtfully the answer for anyone....the solution is rather to experiment and simulate to develop the strategy that maximizes your winnings and minimizes your losses.

articles at pinnacle are good reads
What does it take to be a professional bettor?
Staking: One method to improve your betting

[tsty]

Yes, I'm sure you're a winning bettor just like everyone else on theses forums. LOL. 1% of bettors win and they must all be on these forums, it's such a joke. There is never anything constructive anymore.

you read 'martingale' and you laugh....reread the post.

Lol martingale

[tsty]

I interpret 15% win rate to mean 15% ROI. In other words he wins 15% of the total amount he wagers. So if he wagers $100 then he wins $15 on average. Needless to say that is a very high win rate if true.

That is not what he means

[danshan11]

That is not what he means

What does he mean?

[tsty]

What does he mean?

alfa already posted the answer

[snapperman2]

So he makes money by betting big underdogs at +600 and up. Interesting.

[tsty]

So he makes money by betting big underdogs at +600 and up. Interesting.

it was an example

[oilcountry99]

Lol martingale

That was actually funny! good one

[tsty]

That was actually funny! good one

Whats really funny is people like you not realising that each bet is independant from each other

Making martingale strategies based around the same team is a joke that has been disproven a long time ago

If you are going to chase then edge is irrelevant in the first place buy hey you do you man

[snapperman2]

It has been proven that if you don't have an edge on each single bet, then no betting strategy will give you an advantage. All that martingale strategy does is force you to bet more when you are losing and thus guarantee that sooner or later you will encounter a disastrous series of losses that will wipe out your bankroll entirely.

[peacebyinches]

It has been proven that if you don't have an edge on each single bet, then no betting strategy will give you an advantage. All that martingale strategy does is force you to bet more when you are losing and thus guarantee that sooner or later you will encounter a disastrous series of losses that will wipe out your bankroll entirely.

Yup. How is this even being discussed as a viable strategy on here?? I thought think tank was better than that..

[oilcountry99]

Whats really funny is people like you not realising that each bet is independant from each other

Making martingale strategies based around the same team is a joke that has been disproven a long time ago

If you are going to chase then edge is irrelevant in the first place buy hey you do you man

I never said this.....again re-read the post.

[tsty]

It has been proven that if you don't have an edge on each single bet, then no betting strategy will give you an advantage. All that martingale strategy does is force you to bet more when you are losing and thus guarantee that sooner or later you will encounter a disastrous series of losses that will wipe out your bankroll entirely.

no shit but this clown is talking about chasing strategies

if you do martingale then it's irrelevant how much edge you have

i also never said the strategy works..

[oilcountry99]

It has been proven that if you don't have an edge on each single bet, then no betting strategy will give you an advantage. All that martingale strategy does is force you to bet more when you are losing and thus guarantee that sooner or later you will encounter a disastrous series of losses that will wipe out your bankroll entirely.

Controlled chase....the key words, you people don't read

[oilcountry99]

I apologize for using the 'M' word and disrupting the thread and will not comment on the subject again.

[Harry N. Lloyd]

JJ Gold is a professional gambler and claims to be a sharp. Emulate him.

[yak merchant]

This thread blows

Yup. Long slow decline since the Ganchrow days.