Labouchère/Cancellation Betting System

**triplecrown333** · 12-31-16, 10:32 AM

jj checking in saying just pick winners in 3 2 1 ...

**Waterstpub87** · 12-31-16, 10:36 AM

You cannot turn negative ev bets into positive return using any betting system. Focus on making positive ev bets, then you will win long term.

**Sam Odom** · 12-31-16, 10:39 AM

Originally posted by Waterstpub87

You cannot turn negative ev bets into positive return using any betting system.

who said one could ?

post your next ten +ev bets <--- Thanks

**triplecrown333** · 12-31-16, 10:44 AM

one observation i have, more common to hit huge nba moneyline dogs than baseball, just curious to know what are the stats on cashing +300 nba and +300 baseball , is it even relevant to this thread?

**shadymcgrady** · 12-31-16, 10:49 AM

If I could've just got a haircut everytime I lost a bet I would've saved thousands this yr in 2016

**Sam Odom** · 01-01-17, 09:36 AM

333

better to bet wagers as close to ev as possible w/system

**newguy** · 01-01-17, 09:41 AM

Feels like this would get expensive quick but good luck Sammy and happy new years

**Ralphie Halves** · 01-01-17, 03:36 PM

Originally posted by Waterstpub87

You cannot turn negative ev bets into positive return using any betting system. Focus on making positive ev bets, then you will win long term.

You actually can.

I've done this for 5 years, with nothing but success. Problem is for most people, it's too slow and takes discipline. Nobody knows how to play the long game, and it's that instant-gratification that gambling gives you that makes everyone long-term losers. And then you come to a community like this where everybody's in the same degen boat, and ........

It's way better if you make +ev bets of course, and through tailing and fading the right people at the right times of the year, I made a nice little side account.

**Sam Odom** · 12-14-17, 12:49 PM

BUMP

should be revisited for New Year (2018)

**Ralphie Halves** · 12-14-17, 03:47 PM

Originally posted by Sam Odom

BUMP

should be revisited for New Year (2018)

Should but won't matter. Nobody has the discipline or patience for it.

Most people here play parlays and futures for God's sakes. The last thing they want to do is anything that makes them money long-term.

**Snowball** · 12-14-17, 04:02 PM

it works as do most surrender-then-martingale
type systems if you have a good BR and remember
to hit n' run.

Sample blackjack strategy

$25 hand - looks <50% likelihood, surrender
$50 hand - looks <50% likelihood, surrender
$100 hand - looks ok, win hand

Result: lose $37.50, win $100

when up decent
move to next table

**gauchojake** · 12-14-17, 10:32 PM

Sammy I have a system I learned from a poster here.

POUND THE WINNERS

**MinnesotaFats** · 12-15-17, 07:44 AM

I've used this system before, but you either have to play it w only 1 game at a time or start multiple strings with the same system.

It works, however because sportsbook doesn't have a cap you could do just as well betting small and using Martingale.

Either way, if you lost 5 in a row you're sunk.

I read a lot of Jerry Patterson's stuff his strategy theories to limit losses and this is my take: if you're in a slump or grinding apply a theory here to limit downside. If you're hot, move all in 3 times, if you hit the 3 bets in a row you made your month/week/day.

**Sam Odom** · 12-15-17, 08:37 AM

In both of his Posts... Ralphie mentions discipline

discipline is something most gamblers do not possess

**rkelly110** · 12-15-17, 09:52 AM

Would work with the fav of the day -222 and higher (which I like to preach).

NHL has only lost 3 times this month. NBA also. Labby would've killed the books.

**oilcountry99** · 12-15-17, 10:21 AM

Originally posted by rkelly110

Would work with the fav of the day -222 and higher (which I like to preach).

NHL has only lost 3 times this month. NBA also. Labby would've killed the books.

rkelly110, why -222 and higher?

**juicername** · 12-15-17, 10:31 AM

Just pick winners.

**oilcountry99** · 12-15-17, 10:35 AM

Originally posted by juicername

Just pick winners.

yep, because that's so easy right?

**juicername** · 12-15-17, 10:41 AM

Originally posted by juicername

Just pick winners.

That was supposed to be posted under the jjgold account. Can a mod fix it please?

**A4K** · 12-15-17, 02:29 PM

Wasn't there a labby thread on here a few years ago that ran awesome for a few years and then blew up? I can't find it any more.

**Ralphie Halves** · 12-15-17, 03:40 PM

Originally posted by Sam Odom

In both of his Posts... Ralphie mentions discipline

discipline is something most gamblers do not possess

Yeah, it's tough on here on both sides.

On one side you have most posters that just want the thrill and all of the debauchery and shit that goes with it. Great, there's lots of that.

On the other side, you have the Think Tank, and those guys are geniuses and we'll never be on their level.

What to do when you're neither one of those things?

**pilebuck13** · 12-15-17, 03:43 PM

Originally posted by Ralphie Halves

You actually can.

I've done this for 5 years, with nothing but success. Problem is for most people, it's too slow and takes discipline. Nobody knows how to play the long game, and it's that instant-gratification that gambling gives you that makes everyone long-term losers. And then you come to a community like this where everybody's in the same degen boat, and ........

It's way better if you make +ev bets of course, and through tailing and fading the right people at the right times of the year, I made a nice little side account.

Ralphie explain your system

**Ralphie Halves** · 12-15-17, 03:58 PM

Originally posted by pilebuck13

Ralphie explain your system

Takes too long. I've spent hours answering PMs because I don't know how to shorten it without leaving out important details. Here's an abbreviated version...

Basically look up Reverse Labouchere. Keep your lines small and your starting account big, just in case you hit a bad run. Fading posters on SBR will keep you from going on those runs because they never ever run good for very long, and they go on such horrible losing streaks, you'll knock out a ton of lines in a very short amount of time. I've had success doing this at $5 baccarat tables, and it's much faster, but way higher success rate just fading bad cappers, and less chance for your lines to get long.

Using sites with low juice makes it easier, because it means less lines you're dedicating to just covering juice, which isn't often, but still, the less the better.

Have $3K in your account and go 10-10-10-10 with your lines. When your account hits $4k, move it up to 10-15-15-10. Slow and patient. People do it wrong, flame out, then blame the system instead of themselves. Or they sit back, try to act all smart and say "It's a form of Martingale, and Martingale doesn't work". Fine, then don't use it. I'm on my 3rd steno notebook and I haven't gotten wiped out once.

**A4K** · 12-15-17, 04:03 PM

Originally posted by Ralphie Halves

Takes too long. I've spent hours answering PMs because I don't know how to shorten it without leaving out important details. Here's an abbreviated version...

Basically look up Reverse Labouchere. Keep your lines small and your starting account big, just in case you hit a bad run. Fading posters on SBR will keep you from going on those runs because they never ever run good for very long, and they go on such horrible losing streaks, you'll knock out a ton of lines in a very short amount of time. I've had success doing this at $5 baccarat tables, and it's much faster, but way higher success rate just fading bad cappers, and less chance for your lines to get long.

Using sites with low juice makes it easier, because it means less lines you're dedicating to just covering juice, which isn't often, but still, the less the better.

Have $3K in your account and go 10-10-10-10 with your lines. When your account hits $4k, move it up to 10-15-15-10. Slow and patient. People do it wrong, flame out, then blame the system instead of themselves. Or they sit back, try to act all smart and say "It's a form of Martingale, and Martingale doesn't work". Fine, then don't use it. I'm on my 3rd steno notebook and I haven't gotten wiped out once.

Were you playing EZ-Bacc or traditional? I used to be a Pit Boss. Just curious.

**rkelly110** · 12-15-17, 04:19 PM

Originally posted by oilcountry99

rkelly110, why -222 and higher?

Sorry, lower. I'm used to decimal odds which would be higher.

**Ralphie Halves** · 12-15-17, 05:33 PM

Originally posted by A4K

Were you playing EZ-Bacc or traditional? I used to be a Pit Boss. Just curious.

I don't even know what EZBacc is, so I'd imagine it was just regular. Whatever the one at the South Point is.

**Sam Odom** · 12-15-17, 05:43 PM

Ralphie... believe the difference is EZ = smaller (like BJ) table rather than the large full size table

**jjgold** · 12-15-17, 05:43 PM

Wtf???????????????????

Sammy=whiskey

**Sam Odom** · 12-15-17, 05:45 PM

jj is drunk

**Ralphie Halves** · 12-15-17, 05:48 PM

Originally posted by Sam Odom

Ralphie... believe the difference is EZ = smaller (like BJ) table rather than the large full size table

IIRC, the tables sat 6 or so.

**A4K** · 12-16-17, 10:22 AM

Originally posted by Ralphie Halves

I don't even know what EZBacc is, so I'd imagine it was just regular. Whatever the one at the South Point is.

EZ Bacc has a Panda (25:1) and Dragon (40:1) bets and the players cannot touch the cards.

**A4K** · 12-16-17, 10:23 AM

Please PM me your strategy on Bacc. Love the game and I am fascinated by your strategy.

**Ralphie Halves** · 12-16-17, 04:20 PM

Originally posted by A4K

Please PM me your strategy on Bacc. Love the game and I am fascinated by your strategy.

Same as sports betting, but you don't need lines just to cover juice. Can make labby lines with the sheets they give you.

Just see post #24, and PM me if you have any further questions.

And I do remember the Dragon bets. People loved those. Retards.

**A4K** · 12-16-17, 08:18 PM

Originally posted by Ralphie Halves

Same as sports betting, but you don't need lines just to cover juice. Can make labby lines with the sheets they give you.

Just see post #24, and PM me if you have any further questions.

And I do remember the Dragon bets. People loved those. Retards.

Yeah, casino I worked for had players that would chase that Dragon all day.