Euro has been pretty good to me, so I'm going to try a long term strategy, starting with $1,000. I had read about it, and it seems to be good, as it plays into your own hot streaks and cold streaks. Instead of Labby, or something of the sort, where you increase after losses, you instead decrease after a loss. When you're on a winning streak, you compound your bet into more winnings. It seemed intriguing, as we all have those 10 or so win streaks, and they'll add up. And you should only have one heavily researched bet pending at a time.
At any rate, your first bet is 1/11 of your bankroll. And that's risking, not to win or wager value. In the case of a loss, your bet is calculated as 1/11 of your bankroll. In case of a win, your bet risk value remains the same. In the case of a third win, you increase your risk amount by 50%. A fourth win means the same risk as the third. A fifth win means you increase by 50% and so on.
So as an example, you start with $1100, in the case of a winning streak your bets would be $100, $100, $150, $150, $225, $225, $337.5, $337,5, etc. Any time you lose, you switch back to risking 1/11 of your bankroll. The idea is that the winnings from the winning streaks will offset the losses from the losing streaks in this manner.
I'm interested to see how this plays out. As opposed to playing 3-5 small plays with a big one in there, just playing the ones you're more sure of.
At any rate, your first bet is 1/11 of your bankroll. And that's risking, not to win or wager value. In the case of a loss, your bet is calculated as 1/11 of your bankroll. In case of a win, your bet risk value remains the same. In the case of a third win, you increase your risk amount by 50%. A fourth win means the same risk as the third. A fifth win means you increase by 50% and so on.
So as an example, you start with $1100, in the case of a winning streak your bets would be $100, $100, $150, $150, $225, $225, $337.5, $337,5, etc. Any time you lose, you switch back to risking 1/11 of your bankroll. The idea is that the winnings from the winning streaks will offset the losses from the losing streaks in this manner.
I'm interested to see how this plays out. As opposed to playing 3-5 small plays with a big one in there, just playing the ones you're more sure of.