Greetings, all.
I'm running an experiment this season and I thought I'd share the results here. It involves picking my 2 favorite games each day against the spread and parlaying them. I use a money management strategy that can be found in Tony Stoffo's book or DanRules NHL system on Covers. It is as follows:
1st tier: bet 1 unit
2nd tier: bet 2 units
3rd tier: bet 3 units
4th tier: bet 5 units
5th tier: bet 8 units
6th tier: bet 12 units
7th tier: bet 18 units
8th tier: bet 25 units
My bank consists of 148 units total (enough to sustain 2 complete losses). I divide my bank into three aspects. They are as follows:
Bank 1: 74 units
Bank 2: 74 units
Pocket: 0 units (money that I don't touch)
Upon a win, I divide the profit by 3 and put it in each area of my bank. Currently, my bank looks like this:
Bank 1: 75.43 units
Bank 2: 75.43 units
Pocket: 1..43 units
I compound after each win, i.e., I divide each bank by 74 and use that number for my first tier betting amount.
Previous results can be found on the Covers forum.
Today
Tier 1: OKC +1 + Jazz -1 (1.02 to win 2.7)
ATS Record: 3-1
Unit count: +4.28
Return: +2.89%