Australian
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14 Sep 12
14:10
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Date Joined:
30 Jul 12
it does work you just can't be reckless and back every fav in every race, you have to have some sort of selection process, which I do, I will post the selection before each day, it's up to you guys to apply martingale correctly - I use a spreadsheet
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15/9
Track Race # Time Selection Rosehill 2 120 ARINOSA Doomben 3 150 ATTICA Rosehill 3 200 COUP ACCLAIM Morphettville 3 210 SNIP 'N' RUN Moonee Valley 5 300 GOLDEN ARCHER Rosehill 7 440 STOUT HEARTED Morphettville 7 450 EL MAGICO Carnarvon 4 457 MAKE US HAPPY Belmont 6 600 PEGGIE'S DREAM |
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also on days like mon/tue/thurs/fri you can expect there not to be many selections if any, this is a long term approach and does involve maximum discipline
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What is your cut off point Mr 2nd?
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I dont know the martingale system
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The normal martingale is primarily used on even money bets such as red or black on roulette etc
its basically a double up bet until you win, when you do, you're 1 unit up, would be infallible if there were no house limit. What Mr 2nd is doing is a variation on it, of which there many |
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Hmmmm, ok then I am familiar with it, just not by that name.
Actually, I also employed a variation on it at the casinos when I was younger. 1, 2 then 6 units when the same even money shot had hit 5 times running. Did pretty well with that one for a while, it may surprise you to know. Shelved it when I watched the display get it clearly wrong and post the wrong winning number on several occasions. |
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Whats wrong with you keeping track of the winning numbers yourself
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I was working 4 tables at once because 5 in a row of anything was somewhat rare. A lot of standing around.
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Misread your post
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But even 1 table will produce 5 even money pops continuously, not necessarily 5 reds or 5 blacks, but lets say 5 spins result in R,R,B,R,B, you just bet that the next 5 won't be a repeat of the previous, so your 1st bet would B, if missed, then B again, if missed then R, if missed then B, then R if that missed, that way you do as many spins as you like
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You are thinking about it aren't you Mr Snake/
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staking plan is as follows:
when bank doubles, withdraw original bank, there on after whenever the back doubles again withdraw 33% of bank no bet if any selection is less then even money, I am using 15 different betting systems (the selections are all done at the click of a button using software) all of which have a strike rate of around 40% on their own merit but don't all show profit short term, you don't need to be a wiz to realize anything with a strike rate of 40% using a method like martingale, there's a good chance it will go well, considering my staking plan can take up to 10 losses in a row before a wipe |
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GL today second, I started the martingale system today aswell as you no :)
Lets hope it works , |
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problem with the system is that it requires a lack of emotion that most people can't achieve.
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but very interesting thread nonetheless
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I am using a $500 starting bank, I will post bets as things unfold :)
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sounds interesting SC...will definately give it a try.
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Martingale does work, the maths behind it are irrefutable.
That is, if you have an unlimited bank, no ceiling on your bets, and a market that isn't effected by your waters going in it. |
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* waters = wagers
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all the best SC for sure
and spot on D_T and spot on whoopi everything goes along swimmingly til ... THE LONG LOSING RUN which challenges punting sanity to paraphrase the two lads above he who is 'emotionless' and with 'unlimited funds' & 'market access' should not lose on the martingale machine all who are watching here will be twiddling their thumbs i guess to see what conduct & purpose might transpire when an inevitable long losing run comes (might be months) and if SC has taken out 'many banks profit' prior to that point and can see the waves crashing towards him & quickly applys his life vest in time he should live to fight on in new days of glory ... and withdraw many more profit banks again and defy the gambling gods |
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spyvspy27 14 Sep 12 15:28
The normal martingale is primarily used on even money bets such as red or black on roulette etc its basically a double up bet until you win, when you do, you're 1 unit up, would be infallible if there were no house limit. What Mr 2nd is doing is a variation on it, of which there many I think anyone who knows the slightest thing about the martingale knows how it works and what its shortfalls are |
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Good luck SC wish you well, but tread carefully, has tragedy written all over it IMO if your going to apply it to racing. Read a lot about the Martingale a few months back and decided against, to apply it to racing I can't see how it would work long term. If it works short term then you fall in
 and logic/discipline goes out the window. No such thing as a completely emotionless punter. |
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Mr Rhino, He is not playing straight martingale, he is adjusting stake depending on the odds of a horse by the look of it, he has more chance doing it that way on horses than someone playing straight martingale on roulette etc
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When your getting odd's,you can have a lot of Bet's in a row for not a lot of outlay.
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I do that everyday Herr Busyballs
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Herr Spy did you post that winner at Wyong ,before they jumped or after?,I didnt see it till after the race.You were talking to Herr Let;s at zee time unt I thought you were scticking to him Loudly Laughing.
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I understand Spy, but I disagree it has a better chance with varied stakes applied to horses. All well and good until as posted above, the long losing streak comes, and it will come if you stay in long enough.
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After the race of course, had to stick to the normal modus operandi
Why I say it has a better chance on horses is because you can go longer than in a casino, their house limits stop you whereas on your horses its your bankroll or lack of it that can stop you |
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Which is no different essentially to lack of liquidity in a BF market or corporate bookies capping your stakes/kicking you out if your a successful winner. I still think the 'lay the draw' football system is the best betting system I have read about.
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Or, the tote pool size or how much you can actually get set for.
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If you forget about those minor details, you are on a winner
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I zought zo Herr Schpy,Das is why I didn't Bang Boom you.Ha Ha
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Herr Target,when you have a big sequence running unt za next bet is a crackenspeil.If you get set very easily on here,zen you know za Jews are vorking za boards ja!!
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Still perfectly read race Herr Busyballs, I just didn't have time to post it pre race is all
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I know the dangers of martingale, nobody knows about the dangers more then myself, I believe the success of martingale can only be reliant on 1 thing, that is a method which gives out consistent winners, you need consistency with this thing
which is why I have gone to measures to find methods that have 35-40% s/r time will tell but I am supremely confident |
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Staking systems are the biggest scam in gambling. Basically if your selections wouldnt win with flat stakes betting in the long run, then no staking system can return a profit long term.
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Arinosa wins
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I got it at 3.00 bucks last night plus mad ea trade,
wish it was that easy all the time lol my martingale is tanby the next |
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Mr Winker, if you can price up very accurately then the kelly criterion is the perfect staking system
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