Here is something to consider in the Labby: do you want to have a "losing max" for each line? And if so, what will it be? When I ran the simulation on your previous picks I made it 4 losses in a row and the Labby must restart, and you just count the loss for that line against your total net. Even without losing four in a row though (let's say: LLLWLLLWLLW) you'll have lost a lot of money on that line to that point and your bets will be fairly high. Now if you kept going, you'd probably recover it soon, but even though this is safer than a straight chase, there are still bank roll considerations.
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do you have updated results?Comment -
Play #1 of the Labby - West Virginia -2.5 ($11 bet) / Under 61 ($11 bet) (1st Half)
Spreads Labby #1
5,5,5,5
Totals Labby #1
5,5,5,5Comment -
Yea thinking about all of this stuff... want to go ahead and continue posting picks for now though if anyone is still using them that is... you have any recommendations for a different kind of labby... or do u think single line on both is still the way to go???Originally posted by dreamlandingComment -
Do you still guarantee $150 profit per month?Comment -
Yes, I would just do two individual single lines for now, one for spreads and one for totals. Through a few days ago that system would have been up a total of $367 in about two weeks w/ a max bet only in the $40s and most bets staying within the $11-$25 range. Multi-line can get pretty complicated especially if you do stuff like distribute losses among other lines.Originally posted by Brp27345
In addition to just tracking how much you are up overall (when a line clears or a line is stopped due to losses), I would also track it individually for the line that is in play. When the line clears it's +$20 no matter what, but if you have a longer mixture of losses and wins before it clears it can get confusing to know how much you are down on that line. Then you can decide if you want to kill it at a certain point and start over. When I did the simulation on your old picks this didn't really happen (both the long losing streaks came @ the beginning of a line), but it's good practice I think.Comment -
The more I track systems, the more I realize that just hitting 55%+ spreads is the way to go.Comment -
So would u say don't even go Labby... just bet straight up... or do u agree that Labby is a safer way of betting?Originally posted by Pap45murFComment -
The tough thing is that it always seems to come back to bankroll. If you're hitting 55%+ and you have a proper money management system in place, you will show profits in the longterm, it's all about trying to find a way to do it where your bankroll stays afloat and your bets stay reasonable. Easier said than done though.
If you have a large bankroll or at least are playing with a proportionately small unit size, Labby @ 55% pick success is investment rather than gambling.Comment -
Dream any chance u have labby results for my picks up to date going into today... I know u said up $367 a few days ago... or at least do u know the last pick included in those numbers... and with that $$$ did u take any losing chases as in cutting off at a certain level... thanks in advance...Originally posted by dreamlanding
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Next play will be...
Cinci +3 / Under 62 (1st Half)Comment -
^^^Luv it!
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Brp, the last play I tracked through was the last Texas game a few nights ago. It was in the middle of a couple of Labbys after that and I can't find what they looked like up through that point. I don't think it would've lost any after that using the single-line labbys but I'm not positive. If it did, it would have only been one set, so minus 80 or so. I think we can safely say it is between $280 and $400, and most likely closer to $400, but I can't verify for sure.
The $367 was after taking two $86.31 losses. There were two times where the labby started w/ four losses in a row and I canceled the line and started a new one after that.Comment -
By the way, my suggestion is to stop a line *if* it hits four losses in a row and/or the +/- for that line is currently @ or below -$86.31.
You can make that five losses in a row and/or -$127.95 (which is what you'd be down if you lost the first five bets on a line) if you'd be comfortable going that far.Comment -
I think I am going to go ahead and run it right now... from the beginning and get an exact dollar amount... and then continue with this going forward...Originally posted by dreamlanding
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Ok and here are the FINAL official rules of the labby I will be running...
Every time we clear a level the Labby will advance by $0.25 for each number at the start of a Labby...
When a Labby is lost... the Labby level will revert back to the level at which the bankroll was at originally at that level...
A Labby will be lost when 1 of 2 things happens
1.) The Labby starts off with 4 straight losses
2.) One of the numbers that appears on the Labby line is $100 or more...
If anyone has a question about the Labby level reverting you can ask me... but it is kind of hard to explain... anyways I have successfully ran the spread numbers through completion...
Thus far with the spreads we are up $280.55 and have had 1 losing labby that cost us (-$129.45)
Current Labby running for spreads is as follows...
7.75 7.75 7.75 7.75 17.05
Current bet is Cinci +3 (1st Half) $27.30 to win $24.80Comment -
about to run the spreads numbers... any thoughts... opinions... or questions... fire away... like the talk... and again will continue to post picks for people to do whatever they may with them...
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What's the 9pm play?Comment -
Next play will be...
Kansas -7.5 / Over 64.5 (1st Half)Comment -
Lol was just about to type that!
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This are the FINAL and official rules to the Labby I will be running...
Every series we clear in the Labby... the next series we set up will be $.25 higher then the previous level...
If a series loses it will revert back to the level at which the corresponding bank roll was original at...
A series will be considered a loss if 1 of 2 things happens
1.) The series starts with 4 losses
2.) A number in the series appears that is greater than $100...
I have ran the numbers on the spread and total thus far using the system... and will post them below...Comment -
def on the same page right now man... like it...Originally posted by jnsbanmanLol was just about to type that!
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Spread Labby Results thus far...
Current Profit (+$280.55) 1 Series loss (loss was -$129.45)
Current Labby Series
Next Play Kansas -7.5 (1st Half) $17.05 to win $15.50
7.757.75 7.75 7.7517.05Comment -
Total Labby Results thus far...
Current Profit (+$306.00) No Series Losses
Current Labby Series
Next Play - Kansas / Tex. A&M Ov. 64.5 (1st Half) $74.70 to win $67.95
8.008.008.008.0017.6028.1528.1539.7528.1539.7528.15 50.35
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Great work on getting everything up to date and outlining the terms. I like going up $1 (4 x $0.25) on each line clear. Looks viable so far even after you recent cold streak.Comment -
Overall - 93-68-3 (57.8%)
Spreads - 49-32-1(60.5%)
Totals - 44-36-2 (55.0%)Comment -
[COLOR=#000000 ! important] Current Bankroll - $1,586.55 (+$586.55)
Overall - 93-68-3 (57.8%)
Spreads - 49-32-1(60.5%)
Totals - 44-36-2 (55.0%)[/COLOR]Comment -
Next play will be BYU -6 / Ov. 69.5 (1st Half)...
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wtf is going on with the game.... anyways nextComment -
yea... this is wat happened in the Nebraska game... 22 points in the first 14 minutes... 13 in the last 2 minutes... they were just sleep walking... best shooting team in the nation shooting 20% from the field... shit happens... move on...Originally posted by jnsbanmanComment -
[COLOR=#000000 ! important] Spread Labby Results thus far...
Current Profit (+$280.55) 1 Series loss (loss was -$129.45)
Current Labby Series
Next Play - BYU -6 (1st Half) $27.30 to win $24.80
7.75 7.75 7.75 7.75 17.05 17.05
[/COLOR]Comment -
Spread Labby Results thus far...
Current Profit (+$280.55) 1 Series loss (loss was -$129.45)
Current Labby Series
Next Play - BYU -6 (1st Half) $27.30 to win $24.80
7.757.75 7.75 7.7517.0517.05Comment -
God I can't wait til I can edit posts again...
By the way 22 points in the first 14 minutes... 31 in the last 6 minutes... amazing sometimes... how were they that terrible early... should have been an easy winnerComment -
Total Labby Results thus far...
Current Profit (+$306.00) No Series Losses
Current Labby Series
Next Play - Kansas / Tex. A&M Ov. 64.5 (1st Half) $101.55 to win $92.30
8.008.008.008.00 17.60 28.1528.1539.7528.1539.75 28.15 50.35 74.70
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What are you likin for the last game UTU and the over or LB and the over...Comment