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The Martingale system

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By:
Lex
When: 06 Sep 14 17:10
LEX WINS -- naturally  Laugh
By:
TameTheTiger
When: 08 Sep 14 22:14
done this a few times now lex, getting nowhere near 95% matched in runnning,more like 75%
By:
Lex
When: 09 Sep 14 15:10
etting matched depends on your spread. I find 15-20% less than ISP you get matched. Also depends on the favs price band. A fav at 5.0 is not as likely to get matched as 2.0 which is sort of obvious. Getting matched or laying more than one to lower the liability below ISP is the aim.

But this thread was about martingale, and as you can see from months of posts, this works fine.
By:
TameTheTiger
When: 09 Sep 14 19:45
Ta Lex Happy
By:
GUSCHER
When: 16 Sep 14 07:28
Of course you will get bumps in the road, but stats are the foundation to ALL bookmaker run events. Thats why when you see a 'plunge' you have got to take note. How do you think they price up markets or where the forecast prices come from? past results, performances and stats.

Here's another one for you, over 90% of races are won by the 1st and 2nd fav in the first 2 non handicap races of the day.
Why? because it give the bookie time to recoup. Thats why the feature race is around half way through the card and the fav seldom (eg less than stats for favs) wins it.

Take the 1st 2 non handocaps races today for example. Guaranteed? of course not, but they win far more than they "should".



Hi Lex, I like this thread and have read it all several times. Could you help me with the above  statement you wrote, if true it would help me with my strategy where I only lay one bet a day unless it's a loss, then I don't use martingale having come a croper with it many a times! but I do continue to bet at level stakes  over a few days to recover. Then go back to one a day very boring betting I know but seems to have worked well so far Since Jan with continual monthly profits. Although by all the negative comments I've had on my post about my system, It is doomed to failure so should give up now! I am a realist so they are probably right but it's still fun trying!  Thanks.
By:
Lex
When: 16 Sep 14 11:47
ok, happy to help. Explain your method and the selection process.


All 'systems' are cyclic. You tend to start with real money after its been winning on paper. You then pile in under prepared and lose. And then you go away scratching your head wonering why it went wrong. Its simply a sine curve, hence why betting is a roller coaster. Laugh

Any system works.
Pick the third fav to back or lay on alterated wednesdays at 3pm. You will win and lose in equal measure.
But you will lose long term because the price you bet at is worse than the statistical odds of the beast doing its job.
Understand the cycle or beat the industry starting price allowing for the fluctuations is the only way to go (if you're un connected.)

You can study form all your life and still be a loser; in fact most are, sorry to say.



And in return someone please tell me how to stop making stupid bets which lose cos I get bored Crazy
By:
Lex
When: 16 Sep 14 11:52
damn this keyboard and lack of spell checker or editing.... "alterated" Laugh
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