Hi everyone
I thought I would try an experiment. Starting with $10, I will bet on a 3 team, 10 point teaser every week, picking what I feel are the strongest plays. If I win the first week, I will roll the winnings into the next week, and place all of that into a new teaser. I will play this out till the end of the season, or until I lose. If I lose, I will try one more time, starting the next week, again with $10.
I will be using 5Dimes for this challenge. They pay out (-115) for 3 team teasers, with 10 points, and ties REDUCING. If all 3 plays are at half points when I place the bet, I will change it to a ties lose bet, which pays (-110). I have a feeling I will be doing mostly "reducing" for this though.
I am new to sports betting, but am big into stocks, and I am taking a strategy from that into this challenge. That strategy is, essentially, compounding interest. Each win will pay out ~87% of the bet. I ran the math on this, and am posting below the approximate expected bankroll, if I continue to win. (Note- "week" represents what week the NFL is in, since I am starting this in week 4)
Week 4- $10--->$18.70
Week 5- $18.70--->$34.97
Week 6- $34.97--->$65.39
Week 7- $65.39--->$122.28
Week 8- $122.28--->$228.67
Week 9- $228.67--->$427.61
Week 10- $427.61--->$799.63
You see where this is going. If I can make it into week 8 without losing ($100 mark), I will probably be taking $10 out to use a different set of 3 teasers each week, continuing in this pattern.
Again, I am only taking what I feel are the strongest NFL teasers each week. I will use this thread to post my early thoughts on Mon-Wed, and list my final choice when I make it heading into the weekend. I will pick out 5-8 games per week that I am looking at, and encourage anyone to post their thoughts on those matchups. I will list my early thoughts in the next post, with the lines that they are currently at.
Wish me luck
And if anyone has any questions, comments, etc, please feel free to post it here. I know this will not be easy, but I think this could be a fun ride. And with only betting $10, there really isn't much risked
I thought I would try an experiment. Starting with $10, I will bet on a 3 team, 10 point teaser every week, picking what I feel are the strongest plays. If I win the first week, I will roll the winnings into the next week, and place all of that into a new teaser. I will play this out till the end of the season, or until I lose. If I lose, I will try one more time, starting the next week, again with $10.
I will be using 5Dimes for this challenge. They pay out (-115) for 3 team teasers, with 10 points, and ties REDUCING. If all 3 plays are at half points when I place the bet, I will change it to a ties lose bet, which pays (-110). I have a feeling I will be doing mostly "reducing" for this though.
I am new to sports betting, but am big into stocks, and I am taking a strategy from that into this challenge. That strategy is, essentially, compounding interest. Each win will pay out ~87% of the bet. I ran the math on this, and am posting below the approximate expected bankroll, if I continue to win. (Note- "week" represents what week the NFL is in, since I am starting this in week 4)
Week 4- $10--->$18.70
Week 5- $18.70--->$34.97
Week 6- $34.97--->$65.39
Week 7- $65.39--->$122.28
Week 8- $122.28--->$228.67
Week 9- $228.67--->$427.61
Week 10- $427.61--->$799.63
You see where this is going. If I can make it into week 8 without losing ($100 mark), I will probably be taking $10 out to use a different set of 3 teasers each week, continuing in this pattern.
Again, I am only taking what I feel are the strongest NFL teasers each week. I will use this thread to post my early thoughts on Mon-Wed, and list my final choice when I make it heading into the weekend. I will pick out 5-8 games per week that I am looking at, and encourage anyone to post their thoughts on those matchups. I will list my early thoughts in the next post, with the lines that they are currently at.
Wish me luck
And if anyone has any questions, comments, etc, please feel free to post it here. I know this will not be easy, but I think this could be a fun ride. And with only betting $10, there really isn't much risked