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re: "Sports Betting" Hedge Fund ..... anyone?

Posted on 12/6/12 at 7:50 am to
Posted by gizmoflak
Member since May 2007
11675 posts
Posted on 12/6/12 at 7:50 am to
quote:

I have a system during bowl season that's fun, and unless you have the worst luck on planet, fool proof. Starting with New Mexi bowl, bet $50. If you win, bet $50 on next game, if lose, bet $100. If win that game, back down to $50, if lose, $150 on next and so on. Usually I bet the favorite, only once in the past two years have I had to cover with a $300 bet,last year won $400 year before $250, but enjoyed watching every game. $1k is my loss ceiling should I get clobbered. But it's hard to lose 5 bowl games in a row. I'm sure it will happen and I'll be pissed, hopefully not until I win another $350 so it's even money or better over 'x' period of years.


Martingale is the oldest and most deadly system known to man


try this on the "field" at a craps table ... at least you have the opportunity to hit a 2x-payout when your bets get big
Posted by ItNeverRains
37069
Member since Oct 2007
25897 posts
Posted on 12/6/12 at 9:31 am to
So far this has worked for me during bowl season last couple years. I'm never going to lose over 1k, so risk is minimal.

I don't live near casinos. Wouldn't gamble much if I did. I just use a little play money to have fun, maybe I've been luckier than I realize
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26590 posts
Posted on 12/6/12 at 3:41 pm to
quote:

Martingale is the oldest and most deadly system known to man


Yep, the deadliest sentence in that statement is, "It's hard to lose 5 games in a row."
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