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These 54 comments are related to the topic:
Experiment of the martingale system
Experiment of the martingale system
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Replies: 54
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I hope Russ Abbot stays indoors today!
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Yes, Kenbo, even Diane as you knew
"Uncomfortable " was the wrong word, ironic better? |
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Yeah, ironic.
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Just for clarity:
The martingale strategy involves doubling up on losing bets and reducing winning bets by half. It is essentially a strategy that promotes a loss-averse mentality that tries to improve the odds of breaking even, but also increases the chances of severe and quick losses. This thread has nothing to do with that strategy (also known as the Monte Carlo fallacy?) This thread is basically suggesting dutching bets, but not in a good way. It is not arbing as not guaranteeing a profit. I find it very difficult to stick to, but level stakes betting is always the most profitable for me. For several years in the 80's I ran racing competitions, where 20 competitors provided one bet a day for a month at a time. I used to analyse all the results and came to the conclusion the most profitable price range was evens-15/8 followed by 2/1-9-2 and then 5-1-17/2. Odds on and 8/1 and bigger yielded the worst returns. The other big factor was the state of the ground, GF for sustained periods on the flat, everybody was more successful. Anyway I'm bailing out of this nonsense thread. GL with the bets though. |
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Just back winners.
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Increasing one's stake after a loss, whatever the amount , is a mug's game, you know it, I know it.
If you can't, over time , show a profit with same stake betting, then you're obviously doing something wrong. Stake amount must be dictated by profit & loss. That's my view. FWIW. |
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almost there
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wd
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England win and BTTS £487.50 at 12/5 was 3/1 earlier this week
England win to nil £360 at 9/4 Total staked £610 Colllected £1152 on my £260 Argentina/france/ Spain treble Another possible payout of £1550 on Argentina win |
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An England win tomorrow will pass the threshold of £500 profit exit strategy
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fair playe! good planne come offe, wd :)
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Cash out offer is £33500, don’t think Spain will win this year World Cup, don’t look as dangerous as France in attack
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Cue a Yamal brace he is due a goal.
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The experiment has come to an abrupt end, as stated in the opening posts, they were only imaginary bets, although I did lose £150 on the match with England win and BTTS
I have three teams in the semi finals now, waiting on Argentina for £1571 Always going to come down on this England match win or bust |