1. #1
    Snowball
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    Quad-Limit Chase Hot ATS Fade System

    Starting tonight, I'll be actually betting on, and testing a new system
    which is easy to understand and implement. I've designed it over the last
    3-4 days. The model is a limited martingale which fades hot ATS streaks.
    Starting with the smallest unit size is often wise with any chase system,
    even if limited. Of course, new members of the set will be introduced frequently, and leave frequently. It is because the population size is not fixed that unit size must be kept in check along with the number of chases. So, we're going to make 1 unit = $2.00. For tracking purposes, I will not take account for juice on every win. Juice can be inferred later by taking 10% return off the number of winning wagers, for sticklers. The bankroll begins at $100.

    The target subset is NBA teams which have covered the spread 4 of their
    last 5 games. I've noticed that the chances of said teams
    continuing to cover 8 of 9 consecutive games is negligible. Still, it is
    for bankroll security purposes that I choose to limit the chase doubling
    effect to 4 times (the chase vs. that team hits a max 8x (in 4 wagers)
    then reverts back to 1x).
    Since ATS records are derived from the closing-line, wagers must be placed
    on as close to a settled line as possible. Whether each bet needs to be made
    right before tip is debateable, because although optimal, it may not be
    practical. I would deem getting bets in no earlier than 6:45 EST as acceptable,
    if waiting until just before game time is impractical. For posting purposes,
    I will post the plays of the day here around that time, although anyone who
    follows/decides to play this system will derive the plays from an info sheet
    like this (which I am using)
    http://stats.sportsbettingstats.com/...otandnot5.aspx

    - we wager on the opponent of each member of the subset for 1 unit. If the bet wins, obviously the team we're fading is removed from the target set. If the
    bet loses, that team we are fading stays in the set and its next opponent is
    wagered on for 2 units. This continues for only 4 total wagers in a worst-case
    scenario (quad-limit martingale), capping the largest risk at 8 units (2, 4, 8, 16). If the 4th wager loses, the team still stays in the fade set, but the
    wager size starts over again at 1 unit.
    - The unit size will stay the same until the bankroll doubles to $200, at which juncture the unit size will be increased by 100% to $4.00.
    For every 100% increase in bankroll, unit size will also double.
    - If beginning play of the system after its onset, new play starts with 1 unit
    per opponent upon attaining 4 of last 5 in above link.
    There are a number of variants I am also considering, but I will start with
    this model because I think it may be the best. The other possible variants would be subsets composed of the best ATS overall NBA teams, or bubble-teams, or fading the worst ATS, or going long with teams on ATS losing streaks.
    If this system works, there will be no need to switch.

    initial plays will be posted between the hour of 6-7 pm.
    Last edited by Snowball; 03-01-11 at 10:36 AM.

  2. #2
    demens
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    After reading all that i'm confused on what specifically qualifies to start the system. The basics are simple, fade ATS streaks, but are you saying you start with 4 out 5 winner? Seems rather random and not much of a streak since that team could be coming off an ATS loss, why not make it 5 straight, aka 5 out 5?

    A guy named bob ran almost an identical system in the college forum. It was working for him but i question whether it can produce any real long term success. I had no info to backtest the college games i did backtest the NBA. And i can tell you now you're gonna have trouble with this system for sure. Here are the results i came up with:

    I had it divided in data from the last 5 seasons, the last 10 seasons and total (15 or 16 season dont remember).

    The results were SOOO unimpressive that i didn't even bother to write save them for streak UP TO NINE covers in a row. That means the results were in the range of high 40% to low 50%, below profit margins.

    When you get to 10 covers in a row you start to see a slight improvement in odds. But thats going off on a very small sample, 10 straight cover are rare and you'd only be playing 2 or 3 games a season.

    Last 5 years = 53.8 % (just 13 games)
    Last 10 = 62.5% (16 games)
    Overall = 55% (20 games)

    Streaks of 11 in a row

    Last 5 = 66.7% (6 games)
    Last 10 = same (meaning no team had a 11 game streak in the 2000-2005 seasons)
    Overall = 55.6% (9 games)

    Streaks of 12

    Last 5 = 100% (2 games)
    Last 10 = same
    Overall = 75% (4 games)

    Streak of 13
    100% (1 game long time ago).

    Hope this helps.

  3. #3
    Snowball
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    "
    Last edited by Snowball; 03-01-11 at 11:34 AM.

  4. #4
    demens
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    Again, you're not making yourself clear. I assume you're saying that if this doesn't work you'll go with ATS losing streak for those teams to break out of them, right?

    From Bobs CBB thread i can say it has not been successful in that sport. The losers just keep losing, for him breaking hot streaks has worked much better. From NBA data it looks slightly better then hot streaks. But long term its around 53%, not worth it imo.

    Here are the hot streak records from this season alone:
    5 game streak = 19-24 (losing record is a good thing = 55.8% wins)
    6 game = 10-9
    7 game = 6-4
    8 game = 3-3
    9 game = 1-2
    10 game = 0-1

    http://sportsdatabase.com/nba.py/que...1&submit=query

  5. #5
    Snowball
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    Plays

    1x Knicks +7
    1x Timberwolves +9
    1x 76ers +2
    1x Spurs +1.5

  6. #6
    Snowball
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    won 1 unit lost 3. Bankroll: 96 (48 units)

    Plays (lines TBD)

    1x Spurs
    1x Hawks
    1x Bobcats
    1x Clippers

  7. #7
    Snowball
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    won 3 lost 1. Bankroll: 100 (50 units)

    Plays

    2x Jazz -3
    Last edited by Snowball; 03-03-11 at 05:58 PM.

  8. #8
    Snowball
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    lost 2. Bankroll: 98 (48 units)

    Plays

    2x Bobcats +12.5
    2x Pacers +8.5
    2x Hornets +5.5
    1x Knicks -12.5
    Last edited by Snowball; 03-04-11 at 04:44 PM. Reason: line changes

  9. #9
    SKiLLsSoLoN
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    That's a long chase, I wish you the best of luck!

  10. #10
    lordlord2323
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    why is not 3x hornets tonight because denver win vs hawks and jazz

  11. #11
    ShogunRua
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    Sounds interesting. Will be keeping an eye on this.

  12. #12
    Snowball
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    Quote Originally Posted by lordlord2323 View Post
    why is not 3x hornets tonight because denver win vs hawks and jazz
    cuz hornets are playing the grizz...
    tomorrow night, clippers will be 4x going against Denver.

  13. #13
    Snowball
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    won 6 units lost 1 (all 3 bets which were 2x won, the loss was 1x).
    Bankroll: 108 (54 units)

    only play I know for sure is 4x Clippers.

    sites have not loaded ATS results in their pages from last night yet.

  14. #14
    Snowball
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    Plays

    4x Clippers -1.5 (or -1 if that by tip)

    wait and see if you can get -1
    only Bodog so far at -1.

  15. #15
    DemoralizdDreamr
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    Very interesting, definitely simple but still unique. Ill tag along for tonight (clips ML for me)

  16. #16
    Snowball
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    Quote Originally Posted by DemoralizdDreamr View Post
    Very interesting, definitely simple but still unique. Ill tag along for tonight (clips ML for me)
    let's get it. Clips will work hard for the home win.
    Denver is due for a letdown.

  17. #17
    Snowball
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    won 8 (4x2) lost 0
    Bankroll: 116 (58 units)

    Plays

    1x Spurs -2.5
    1x Mavericks -6
    1x Hornets -4.5

  18. #18
    Snowball
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    I'm only going to use 5 Dimes for lines.

    won 1 lost 2.
    Bankroll: 116

    Plays:

    2x Thunder +3
    1x Kings +4.5
    1x Jazz +7
    1x Hornets +10.5
    Last edited by Snowball; 03-07-11 at 04:35 PM. Reason: line move

  19. #19
    Snowball
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    won 2 lost 8 (each unit = 2)
    Bankroll: 110

    Plays

    2x Hawks
    2x Suns

    wait for more line movement

  20. #20
    Snowball
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    5 Dimes has Hawks +5, Suns -3.5

    2x Hawks +5
    2x Suns -3.5

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