Thursday, January 17, 2013

Testing old systems

Yesterday I went on a math spree and figured it out some interesting things regarding my season if I was to use Labby Lines since the start.

For those of you that aren't familiar with Labby Systems I suggest a research after my brief explanation.

LABBY

Instead of flat betting or alternating your units per play regarding the strength/confidence you divide the units to play in a line and start scratching them off after a win. Example - Imagine your unit size 1u = $100 and that you never bet more than 4 games at once; you will start with something like this:

Line 1# 50-50-50-50
Line 2# 50-50-50-50
Line 3# 50-50-50-50
Line 4# 50-50-50-50

Bet 1# Win
Bet 2# Lose
Bet 3# Win
Bet 4# Lose


All of your bets were $110 to win $100. So after the games your lines are something like this:


Line 1#  -50-50-
Line 2# 50-50-50-50-110
Line 3#  -50-50-
Line 4# 50-50-50-50-110

Next time you are making a bet to clear the numbers of Line 2# you will bet $xxx to win $165 (depending on your odds,if it were -110 or 1.91, you would have to bet $181 to win $165). And this will continue until you scratch all the numbers of your lines.
I hope it was clear enough.

Now, back to my numbers this season:


Longest Losing strike: 7
Longest Winning strike: 5
Most plays in a day: 9
Biggest play (in units): 9.72u

SEASON UNITS WON (if using Labby Lines): +27.74 units 

So that's a hoping +489% more in units than my current unit betting system (+5.56u). And my system (1u to 5u a play) is better than flat betting (-2.73u if I was betting 1u per play).

My hit ratio is 51,67% = crap, but add that to 4 of the last 5 years betting the nba with hit ratios over 52% and I'm really tempted to start using a labby line for my bets the rest of the season but with some restrictions.






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