[Tyche]

So here is my story. About two years ago, I started betting on baseball because a good friend of mine who runs a Las Vegas gaming company told me it was the hardest game for the sportsbooks to hold. I started with about $500 and turned it into just over $30,000 in little more than one year. I would love to say that this due to my remarkable skill as a handicapper, but in all honesty it was more luck than skill. I used a Martingale approach. Constantly chasing, I hit my last bet on more than a few occasions. Timely hits kept me a live; and, more often than not, increased my bankroll.

During the last year, I took my handicapping more seriously and got better. I abandoned the Martingale approach and maintained a cross-sport winning percentage of about 55.4 percent. I have a heavy mathematics background which has served me well (at least thus far). I have continued to grow my bankroll, without progressing my wagers after every loss.

Some friends asked me if I would start posting some of my bets. Since I track some of the people who post here (hat tip to The Seer's NCAA/NFL thread), I figure this was an appropriate place. I use only Vegas lines, and I guarantee noting other than my best efforts to progressively increase my bankroll.

NBA plays are over for this tonight, so I will not post my picks (went 1-1, -.1). The other plays I am on this week are as follows:

NFL
Packers -10 (-1.10)
Broncos -3 (-1.20)
Dolphins -2.5 (-1.10)
Steelers +3.5 (-1.10)
Eagles +3.5 (-1.10)

NCAA
Indiana -1.5 (-1.10)
Georgia Tech -7.5 (-1.10)

[A4K]

Your first step should be posting the NFL picks in the NFL section.

Also, if you have a heavy background in mathematics, why the penetrate were you screwing around with a Martingale system?

[Tyche]

Your first step should be posting the NFL picks in the NFL section.

Also, if you have a heavy background in mathematics, why the penetrate were you screwing around with a Martingale system?

A4K, fair questions.

1. I will be posting picks on a number of different sports. I don't have time to maintain numerous threads, so I had to pick one. The NBA season just started, so this seems reasonable. My apologies if I am violating some type of protocol.

2. While the Martingale system did increase my marginal propensity to go broke, it also significantly increased my likelihood of doubling my bankroll within a 12 month period. I was gambling, and the tradeoff was acceptable. Over that year, there where nine instances where I was at risk of getting wiped out -- I got lucky.

[SparJMU]

You are right, it was entirely luck. You should stop betting entirely. You are only going to give it back,

[jtennantjr]

He said he has switched approaches and does not bet progressivly anymore im sure you will be fine as long as you practice good money managment

[Tyche]

NBA
Indiana v. Toronto Under 187.5 (-1.10)

[Tyche]

NCAA
Middle Tennessee St. v. Western Kentucky Under 54.5 (-1.10)

Record (1-0, +1)

[Tyche]

NBA
Pistons +7.5 (-1.10)

NFL
Dallas v. Atlanta U48 (-1.10)

Record (6-2, +3.80)

[Tyche]

NFL
Atlanta -1.5
Detroit -3.0
Oakland @ Baltimore Over 47.5
Cowboys -2.5
Cowboys @ Eagles Over 44
Texans +1.5

NBA
Magic Nets Under 191
Heat Grizzlies Under 195.5
Kings Lakers Under 191.5

Record (7-4, +3.7)