Originally Posted by
Believe_EMT
will also echo KVB here and say it is good to see Sawyer checking in on us.
completely agree with this statement, although i rarely play anything higher than 1.5%
all of these statements are missing the most important lesson.
even in a fair game, let alone one where the house has built in edge of more than 4%, over a long enough time span the bettor will go broke because the house has a near infinite bankroll compared to the bettor.
that was my best shot at paraphrasing risk of ruin. and given the volume of bets you mentioned CIS, i have to believe you could look back through your results and easily find losing streaks of 10 or 15 games. should even be outlier around the 20 game mark in that data. (was anyone else around when RAS went 3-23 on college hoops totals a few years back? if a guy hitting what might have been career 63% winners at that time can fall victim to match, we all can.) however, i am a big fan of volume, it will reduce variance and/or bad luck, whatever you want to label it. but that volume betting requires nearly every play to stay at or very near that 1% mark, otherwise you will burn through a significant amount of your BR in a single bad week.
GL