I am starting a new thread to track the practical application and sustainability of a 2-team parlay chase strategy.
The results to date are 3-0 (+3 units), plus one bet pending today, as documented here: "http://forum.sbrforum.com/soccer-bet...oject-p10.html".
How it works...
Each bet will be a parlay of 2 teams "to win", and will typically consist of heavy favorites with very low odds. This will be a chase experiment where every loss will be followed by a bet to win back the units lost + 1 unit.
(A) BET:
The first bet in a chase series will be referred to as an (A) bet.
An (A) bet will be played to win 1 unit.
If that bet wins, the series is over and I move on the next (A) bet.
(B) BET:
If an (A) bet loses, the next play in the series will be referred to as a (B) bet.
A (B) bet will be played to win back the units lost on the (A) bet + 1 unit.
If a (B) bet wins, the series is over.
(C) BET:
If a (B) bet loses, the next play in the series will be referred to as a (C) bet.
A (C) bet will be played to win back the units lost on the (A) bet + the units lost on the (B) bet + 1 unit.
If a (C) bet wins, the series is over
(D) BET:
If a (C) bet loses, the next play in the series will be referred to as a (D) bet.
A (D) bet will will be played to win back the units lost on the (A) bet + (B) bet + (C) bet + 1 unit.
If a (D) bet wins, the series is over.
With unlimited resources, this could carry on indefinitely (and guarantee profits), but I for one don't have unlimited resources and am hoping to not have to move past a (D) bet.
Because some games will be starting at the same time, or very close together, I expect to have some over-lapping series. I will assign each bet a number such as #1(A)...where '#1' refers to the series number and '(A)' refers to the bet type.
The results to date are 3-0 (+3 units), plus one bet pending today, as documented here: "http://forum.sbrforum.com/soccer-bet...oject-p10.html".
How it works...
Each bet will be a parlay of 2 teams "to win", and will typically consist of heavy favorites with very low odds. This will be a chase experiment where every loss will be followed by a bet to win back the units lost + 1 unit.
(A) BET:
The first bet in a chase series will be referred to as an (A) bet.
An (A) bet will be played to win 1 unit.
If that bet wins, the series is over and I move on the next (A) bet.
(B) BET:
If an (A) bet loses, the next play in the series will be referred to as a (B) bet.
A (B) bet will be played to win back the units lost on the (A) bet + 1 unit.
If a (B) bet wins, the series is over.
(C) BET:
If a (B) bet loses, the next play in the series will be referred to as a (C) bet.
A (C) bet will be played to win back the units lost on the (A) bet + the units lost on the (B) bet + 1 unit.
If a (C) bet wins, the series is over
(D) BET:
If a (C) bet loses, the next play in the series will be referred to as a (D) bet.
A (D) bet will will be played to win back the units lost on the (A) bet + (B) bet + (C) bet + 1 unit.
If a (D) bet wins, the series is over.
With unlimited resources, this could carry on indefinitely (and guarantee profits), but I for one don't have unlimited resources and am hoping to not have to move past a (D) bet.
Because some games will be starting at the same time, or very close together, I expect to have some over-lapping series. I will assign each bet a number such as #1(A)...where '#1' refers to the series number and '(A)' refers to the bet type.