1. #246
    danshan11
    I am good at coin flips, I really am!
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    Quote Originally Posted by oilcountry99 View Post
    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!!!!

  2. #247
    oilcountry99
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    Quote Originally Posted by danshan11 View Post
    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

  3. #248
    Alfa1234
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    Quote Originally Posted by danshan11 View Post
    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.
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  4. #249
    snapperman2
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    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.

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  5. #250
    danshan11
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    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

  6. #251
    slapshot
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    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

  7. #252
    tsty
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    Quote Originally Posted by oilcountry99 View Post
    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

  8. #253
    tsty
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    Quote Originally Posted by snapperman2 View Post
    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

  9. #254
    danshan11
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    Quote Originally Posted by tsty View Post
    That is not what he means
    What does he mean?

  10. #255
    tsty
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    Quote Originally Posted by danshan11 View Post
    What does he mean?
    alfa already posted the answer

  11. #256
    snapperman2
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    So he makes money by betting big underdogs at +600 and up. Interesting.

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  12. #257
    tsty
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    Quote Originally Posted by snapperman2 View Post
    So he makes money by betting big underdogs at +600 and up. Interesting.
    it was an example

  13. #258
    oilcountry99
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    Quote Originally Posted by tsty View Post
    Lol martingale
    That was actually funny! good one

  14. #259
    tsty
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    Quote Originally Posted by oilcountry99 View Post
    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

  15. #260
    snapperman2
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    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.

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  16. #261
    peacebyinches
    pull the trigger
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    Quote Originally Posted by snapperman2 View Post
    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..

  17. #262
    oilcountry99
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    Quote Originally Posted by tsty View Post
    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.

  18. #263
    tsty
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    Quote Originally Posted by snapperman2 View Post
    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..

  19. #264
    oilcountry99
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    Quote Originally Posted by snapperman2 View Post
    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

  20. #265
    oilcountry99
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    I apologize for using the 'M' word and disrupting the thread and will not comment on the subject again.

  21. #266
    Harry N. Lloyd
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    JJ Gold is a professional gambler and claims to be a sharp. Emulate him.

  22. #267
    yak merchant
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    Quote Originally Posted by arschillig View Post
    This thread blows
    Yup. Long slow decline since the Ganchrow days.

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