$500 to $5000 in 6 Months - Part 3

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  • RoagBettor
    SBR Hall of Famer
    • 01-20-09
    • 8355

    #4586
    Here are the basics of how Tony Stoffo uses the 2-6 (you can Google "MMPSH3.pdf" and "Tony Stoffo" and find his pdf guide which has much more information and details on how to play it). There are many variations, if Jimbo42 is around he can comment more on it since he has used it extensively over the years.

    The Goal: The simple objective is to win any 2 bets in a Series of no more than 6 wagers.

    The Series: 11-22-44-66-88-132.

    (Again, Series are pre-calculated so that you can profit by winning the minimum set numbers of wagers in a particular System, in this case, 2. They also protect your Bankroll by representing about 25% of your total available money, so if you happen to go on a losing streak and lose your entire Series, you are down just 1 Betting Block, and still have 75% of your Bankroll with which to wager.)

    The Formula: For those who find the Series Amounts in the Series 11-22-44-66-88-132 too rich or poor for your blood, there is no reason you can’t raise or lower the amounts according to your betting objectives.

    The formula for setting the 6 Series Amounts in The 2-6 Straight Bet System is a, 2a, 4a, 6a, 8a, 12a.

    In the Series above, a = 11 or $11. If you find this too conservative, try a larger multiple of 11 for the value of a, say 22. If you pick 22 for the starting bet, your Series would be calculated 22, 44, 22 x 4 = 88, 22 x 6 = 132, 22 x 8 = 176 and 22 x 12 = 264, or 22-44-88-132-176-264.

    On the other hand, if the prospect of having to risk $132 to make $120 should you go 1-4 or 0-5 in your first 5 bets makes you nervous, you can start with a $5.50 bet, or a Series of $5.50-11-22-33-44-66, which will limit the downside in the event you pick less than 50% winners or go on occasional losing streaks.

    The Rules
    1) Make only 1 or 2 bets at a time in the predetermined amounts until you have won at least 1 bet.
    2) Once you have won 1 bet, bet only 1 game at a time in the predetermined Series Amounts, until you win a second wager.
    3) When you win 2 bets in any Series of up to 6 wagers, your goal is achieved, so you roll your profits back into your Personal Betting Bankroll and either start over with a new Series to build your Bankroll, or begin a Series in another of my 12 Money-Management Programs.
    4) If you suffer an unfortunate losing streak of 1-5 or 0-6, start over with a new Series and begin recouping your recent losses.
    Comment
    • RSnakeBR
      SBR Hustler
      • 03-18-10
      • 57

      #4587
      Thanks.



      Originally posted by RoagBettor
      Here are the basics of how Tony Stoffo uses the 2-6 (you can Google "MMPSH3.pdf" and "Tony Stoffo" and find his pdf guide which has much more information and details on how to play it). There are many variations, if Jimbo42 is around he can comment more on it since he has used it extensively over the years.

      The Goal: The simple objective is to win any 2 bets in a Series of no more than 6 wagers.

      The Series: 11-22-44-66-88-132.

      (Again, Series are pre-calculated so that you can profit by winning the minimum set numbers of wagers in a particular System, in this case, 2. They also protect your Bankroll by representing about 25% of your total available money, so if you happen to go on a losing streak and lose your entire Series, you are down just 1 Betting Block, and still have 75% of your Bankroll with which to wager.)

      The Formula: For those who find the Series Amounts in the Series 11-22-44-66-88-132 too rich or poor for your blood, there is no reason you can’t raise or lower the amounts according to your betting objectives.

      The formula for setting the 6 Series Amounts in The 2-6 Straight Bet System is a, 2a, 4a, 6a, 8a, 12a.

      In the Series above, a = 11 or $11. If you find this too conservative, try a larger multiple of 11 for the value of a, say 22. If you pick 22 for the starting bet, your Series would be calculated 22, 44, 22 x 4 = 88, 22 x 6 = 132, 22 x 8 = 176 and 22 x 12 = 264, or 22-44-88-132-176-264.

      On the other hand, if the prospect of having to risk $132 to make $120 should you go 1-4 or 0-5 in your first 5 bets makes you nervous, you can start with a $5.50 bet, or a Series of $5.50-11-22-33-44-66, which will limit the downside in the event you pick less than 50% winners or go on occasional losing streaks.

      The Rules
      1) Make only 1 or 2 bets at a time in the predetermined amounts until you have won at least 1 bet.
      2) Once you have won 1 bet, bet only 1 game at a time in the predetermined Series Amounts, until you win a second wager.
      3) When you win 2 bets in any Series of up to 6 wagers, your goal is achieved, so you roll your profits back into your Personal Betting Bankroll and either start over with a new Series to build your Bankroll, or begin a Series in another of my 12 Money-Management Programs.
      4) If you suffer an unfortunate losing streak of 1-5 or 0-6, start over with a new Series and begin recouping your recent losses.
      Comment
      • unclebuzz1
        SBR Wise Guy
        • 08-23-09
        • 565

        #4588
        I think this is the link that you're looking for. (Sorry, if I'm mistaken.)

        Share ideas, debate tactics, and swap war stories with forex traders from around the world.


        The link to "MMPSH3.pdf" is in post 1.

        .
        Comment
        • RoagBettor
          SBR Hall of Famer
          • 01-20-09
          • 8355

          #4589
          Yep that's it, thanks Buzzy.
          Comment
          • Jimbo42
            SBR MVP
            • 01-04-09
            • 2076

            #4590
            Regarding the 2-6 system....

            Make sure that your 1 unit size in not too large..... be very careful with this.

            Remember you are progressively betting, so you need to be able to swallow the nut at times and bet 8 "units" or 12 "units....don't price yourself out of that ability.
            Comment
            • FreeFall
              SBR MVP
              • 02-20-08
              • 3365

              #4591
              what will your one unit size be roag?
              Comment
              • Bell Curves
                SBR Sharp
                • 06-20-11
                • 348

                #4592
                Sorry, I don't get 2-6, doesn't it make sense to only change your wager size based on perceived edges?
                Comment
                • unclebuzz1
                  SBR Wise Guy
                  • 08-23-09
                  • 565

                  #4593
                  Originally posted by gtboy
                  can some1 please explain if there is a difference between using a system such as 2-6 or 2-5 compare with a chase system. i am trying to do some research about the 2-6 specifically, but basically its a kind of chase and i hate chasing. thanks mate
                  Originally posted by Bell Curves
                  Sorry, I don't get 2-6, doesn't it make sense to only change your wager size based on perceived edges?
                  Here's a link for the write up on the 2-6 ... The link to "MMPSH3.pdf" is in post 1.

                  http://www.forexfactory.com/showthread.php?t=246944


                  Here's my interpretation of the 2-6. I'll try to explain this using different words and see if it helps.


                  The goal (for the 2-6) is to win 2 bets before you lose 5 bets (or 6).

                  The betting amounts are predetermined and the formula for the amounts is ... (a .. 2a .. 4a .. 6a .. 8a .. 12a). "a" is an amount that you personally are comfortable with. For this example "a" equals $11.
                  The 6 predetermined bets are then calculated as follows:

                  bet 1 = a = $11
                  bet 2 = 2 x a = $22
                  bet 3 = 4 x a = $44
                  bet 4 = 6 x a = $66
                  bet 5 = 8 x a = $88
                  bet 6 = 12 x a = $132

                  In short hand, this becomes 11-22-44-66-88-132


                  For larger bankrolls, you might double (or whatever) these amounts.
                  For smaller bankrolls, you might half (or whatever) these amounts.
                  Set "a" to an amount that you're comfortable with if you lose all bets.

                  Once again, the goal (for the 2-6) is to win 2 bets before you lose 5 bets (or 6).

                  You make bet 1. Regardless of whether it wins or loses, you haven't won 2 bets so you continue to bet 2. If bet 2 wins and you have 2 winning bets (2 out of 2), you've reached your goal and start the next series. Otherwise, you continue on to bet 3. If bet 3 wins and you have 2 winning bets (2 out of 3), you've reached your goal and start the next series. Otherwise, you continue on to your next bet (i.e. bet 4, bet 5, bet 6). If/when you have 2 winning bets, you've reached your goal and start the next series. If you don't have 2 wins after the 6th bet, you've failed to reach your goal. You've lost a good portion of what you've set aside for this series. You say bad words and start the next series.

                  This has been advertised as being better overall than flat betting. If your 2 wins are in the 1st 4 bets, you show a profit regardless of which 2 bets win. If your 2nd win is with bet 5 or bet 6, there may be a profit or loss depending on which other bet won.
                  This example assumes that all bets are at -110 or better. He suggests that you use no more than 25% of your bankroll for any single series.

                  This is my interpretation of the 2-6. Does anyone have anything to add or correct?

                  Did you find this useful? ... yes ... no ... GL ...

                  .
                  Comment
                  • skm39
                    SBR High Roller
                    • 01-03-11
                    • 171

                    #4594
                    nice work in the mlb lately
                    Comment
                    • ManBearPig
                      SBR MVP
                      • 12-04-08
                      • 2473

                      #4595
                      I guess I could see why one would be confused and think that this is a chase system, but it's not. You aren't chasing losses you're just trying to win two bets out of 5 or 6.

                      I guess I differentiate it in that you don't stop when you've won one bet, you are betting in a progressive series until you win 2 out of 5/6. Most chase systems don't really operate like that. This is a hard concept to explain, but the explanation above is pretty solid and I think one should really read the PDF that's been linked. from what I understand a lot of pros run variations of these systems and do quite well. I ran the underdog bases system with the 2-6 for a couple weeks and it worked pretty well.
                      Comment
                      • Bell Curves
                        SBR Sharp
                        • 06-20-11
                        • 348

                        #4596
                        Originally posted by ManBearPig
                        I guess I could see why one would be confused and think that this is a chase system, but it's not. You aren't chasing losses you're just trying to win two bets out of 5 or 6. I guess I differentiate it in that you don't stop when you've won one bet, you are betting in a progressive series until you win 2 out of 5/6. Most chase systems don't really operate like that. This is a hard concept to explain, but the explanation above is pretty solid and I think one should really read the PDF that's been linked. from what I understand a lot of pros run variations of these systems and do quite well. I ran the underdog bases system with the 2-6 for a couple weeks and it worked pretty well.
                        So, would you say a 2-5 or 2-6 variation would be superior to a kelly variation, which is theoretically the optimal betting method? Or when should you use one or the other? Thanks.
                        Comment
                        • ManBearPig
                          SBR MVP
                          • 12-04-08
                          • 2473

                          #4597
                          Originally posted by Bell Curves
                          So, would you say a 2-5 or 2-6 variation would be superior to a kelly variation, which is theoretically the optimal betting method? Or when should you use one or the other? Thanks.
                          Well, I wouldn't say its superior, I just think it's a different method. Kelly helps you determine the best way to optimize your BR by taking into account your win% and total BR and helps you decide what your units should be. This uses a flat unit size that allows you to bet that in a series while only exposing 25% of your BR instead of the 100% you would use for Kelly. I don't think this is a more optimal way to make money than Kelly because the parameters are different.

                          I guess if you wanted to get smart you could try to mix Kelly with this series betting, but I'm not sure if this would be the best idea because we're not using 100% of our bankroll to determine our 1a, 2a, ect... Hope that helps at least a little.
                          Comment
                          • marcojuiceman
                            SBR MVP
                            • 05-25-11
                            • 2870

                            #4598
                            Oh, and F*ck WNBA![/quote]

                            so them broads finally got you Roag. Like i said before leave it to the pros like myself. To bet on the WNBA
                            Comment
                            • RoagBettor
                              SBR Hall of Famer
                              • 01-20-09
                              • 8355

                              #4599
                              Originally posted by marcojuiceman
                              Oh, and F*ck WNBA!
                              so them broads finally got you Roag. Like i said before leave it to the pros like myself. To bet on the WNBA [/quote]

                              LOL if you go undefeated this week I'll start tailing you
                              Comment
                              • Rick22
                                SBR MVP
                                • 01-29-09
                                • 2200

                                #4600
                                Roag - thanks for the Brazil play yesterday - my favorite "the quickie"
                                Comment
                                • Mirar Baseball
                                  SBR MVP
                                  • 04-05-10
                                  • 1263

                                  #4601
                                  Originally posted by Bell Curves
                                  Sorry, I don't get 2-6, doesn't it make sense to only change your wager size based on perceived edges?
                                  looks like a capped martingale
                                  Comment
                                  • BernardMadoff
                                    SBR Hall of Famer
                                    • 12-12-09
                                    • 6679

                                    #4602
                                    Why not increase those wagers and make it 30k in six months.
                                    Comment
                                    • Mirar Baseball
                                      SBR MVP
                                      • 04-05-10
                                      • 1263

                                      #4603
                                      no need to risk more money; it's easy to make profit with so many cust... followers
                                      Comment
                                      • Mirar Baseball
                                        SBR MVP
                                        • 04-05-10
                                        • 1263

                                        #4604
                                        has he gone 100% tout with all but wnba plays?
                                        Comment
                                        • RoagBettor
                                          SBR Hall of Famer
                                          • 01-20-09
                                          • 8355

                                          #4605
                                          All my plays except WNBA are posted in the MLB section
                                          Comment
                                          • LucyTheApe
                                            SBR High Roller
                                            • 05-17-10
                                            • 130

                                            #4606
                                            Bol everyone
                                            Comment
                                            • barza01
                                              SBR Sharp
                                              • 03-07-10
                                              • 313

                                              #4607
                                              Can someone post an actual bet or series of bets on here as a demo to the rest of us??
                                              Comment
                                              • unclebuzz1
                                                SBR Wise Guy
                                                • 08-23-09
                                                • 565

                                                #4608
                                                Originally posted by Tomzi
                                                Originally posted by unclebuzz1
                                                Or on his website http://www.totalsonly.com/
                                                .....
                                                Comment
                                                • LucyTheApe
                                                  SBR High Roller
                                                  • 05-17-10
                                                  • 130

                                                  #4609
                                                  What's good roag?
                                                  Comment
                                                  • LucyTheApe
                                                    SBR High Roller
                                                    • 05-17-10
                                                    • 130

                                                    #4610
                                                    Anyone here?
                                                    Comment
                                                    • skyscrapers
                                                      SBR Hall of Famer
                                                      • 05-02-11
                                                      • 6168

                                                      #4611
                                                      Use twitter. He posts his plays pretty much everyday or every other day. He quitted posting plays on SBR because of all the nonsense going on here.
                                                      Comment
                                                      • unclebuzz1
                                                        SBR Wise Guy
                                                        • 08-23-09
                                                        • 565

                                                        #4612
                                                        Post removed by UB
                                                        Comment
                                                        • LucyTheApe
                                                          SBR High Roller
                                                          • 05-17-10
                                                          • 130

                                                          #4613
                                                          Oooo....thanks
                                                          Comment
                                                          • Mirar Baseball
                                                            SBR MVP
                                                            • 04-05-10
                                                            • 1263

                                                            #4614
                                                            Yeah, because of the nonsense. Like his consecutive come back attempts
                                                            Comment
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