
Originally Posted by
Machine Choice
BANKROLL GUIDELINES ("HEAVEN'S GATE")
Flat betting does not produce the best profit and it is also a grinding, unrewarding affair. Instead, I have devised "Heavens Gate" which consists of small wagers that increase after two consecutive wins.
1. Divide your bankroll by 11. This is your first "base unit."
2. When placing your bet, never wager on more than one game in the same time slot. For instance, if you're betting a game at 1 p.m., wait until until 4 p.m. to place your next wager. The reason for this is because the result of the first game determines how much you will be betting on the second game.
3. After two consecutive wins, increase your bet by half of the previous bet. Example: Cubs win a $50 bet at 1 p.m., Dodgers win a $50 bet at 4 p.m. So the next day (or during a late game) your next bet would be for $75. If you then win two $75 bets in a row, your next bet is for $112. This means that you will never have more than three bets on any given day (weekend) or two bets on any given weekday. The goal is to make THE BEST 1 to 3 bets possible each day in order to get your reverse pyramid going.
4. Whenever you lose, you always go back to your "base unit", which is 1/11th of your total new bankroll. Example: if your total bankroll is $2400 after suffering a loss, your first "base unit" bet will be $2400 / 11 = $218
NOTES:
a) 2-team parlays are acceptable and count as a single play. However, they should be restricted to the most lock-worthy plays. Also, if you have a 2-team parlay and the first game begins at 3:30 and the second game is at 7:00 p.m., you can't make anymore wagers until the parlay concludes ( you'll be restricted to the late West Coast games or wait until the next day). Again, this is because the result of the parlay will influence how much you bet on your next game.
b) Each day, pick the best play possible. It is reasonable and preferred to have only 1 play each day; however, if you select more than one play, remember the time slot rules so that you can adjust your wagers accordingly after each play concludes. Remember, your goal is to get a win streak going over a series of days, not to just "fill up a card" with plays that you favor.
CONCLUSION
What will this system yield? Well, it depends on how good you are at picking the best possible 1 to 3 plays each day. In baseball, I gun for 60%. Using the above system over the last three years, I have found that I will go back and forth with the book, trading two wins for a loss, or two lossses for a win for sometimes weeks at a time. During this process (which I call "dancing"), my bankroll fluctuates in relatively small increments. But then it happens: I will reel off a 10 to 13 game win streak that pretty much guarantees a profitable season. I have had times after 10 or 11 wins in a row, where I have needed to call my book in order to get a limit increase to meet the requirements of my reverse pyramid. Those are good times.
If you are a good capper, and you use the above system WITHOUT FAIL or deviation, you will very rarely lose more than four games in a row, but you WILL have spans of winning five to seven games in a row many times. Due to the reverse pyramid betting strategy, this means that you're making solid profits during even a small winning streak. As your bankroll grows, so does your 1/11th base unit that you execute after each loss. This makes betting very fun and exciting.
"Heaven's Gate" refers to every wager you make after winning 12 in a row. I have been there three times in my career.