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Old 11-09-09, 07:08 PM   #1
cubical
 
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Default 50% chance of winning 4.5:1... need some math help.

I have a system where I have a 50% chance of winning 4.5 units for a 1 unit risk. What % of my bankroll should I put on each play. As for the system, it is kinda complicated and involves correlated plays. It works consistently and I have turned $200 into $4k in 2 months. I just want to do it the most efficiently before the book finds out. Thanks for any input.
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Old 11-09-09, 08:02 PM   #2
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1) Divide your bankroll by 2
2) Make two plays per day, each for half of your roll
3) Win 50%
4) Report back here after world domination
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Old 11-09-09, 11:55 PM   #3
cubical
 
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Oops. I am an idiot. I can just put everything on each game because I can only lose ~10% on each play and I could gain about 40%. Would you guys advise me to go balls to the wall? Do books actively search out people who consistently are winning? Maybe I should just keep it low key.
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Old 11-10-09, 12:24 AM   #4
BGboothA
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LMAO, my BS meter usually doesn't go this crazy unless I am reading my Bible.
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Old 11-10-09, 12:29 AM   #5
cubical
 
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Your BS meter must be off. I would prove it to you, but I do not want to take a SS and give away the book.
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Old 11-10-09, 10:36 AM   #6
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Your problem will be getting cut off, not maximizing your profitability.

So just keep doing what you are doing with bigger amounts.

Let's see, you turned $200 into 4K in two months.

Which means you could turn 4K into 80K by Jan 1st, if the book lets you.

Report back with 80K then. GL with your plays.
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Old 11-10-09, 01:21 PM   #7
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Just so you know, there is a good chance the book will confiscate your winnings when they catch onto you. IMO, there is a big difference between standard correlated parlays and what you are doing.

Reasonable: TeamX -35/over 40

Unreasonable: TeamA -160/ TeamA -2.5 -135/ TeamA -3 -110


Anyway, Good luck, just beware of the problems you may run into getting your money...
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Old 11-10-09, 08:58 PM   #8
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whats a correlated parlay?
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Old 11-10-09, 09:29 PM   #9
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22 %
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Old 11-10-09, 11:08 PM   #10
cubical
 
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Quote:
Originally Posted by bleedblue View Post
Just so you know, there is a good chance the book will confiscate your winnings when they catch onto you. IMO, there is a big difference between standard correlated parlays and what you are doing.

Reasonable: TeamX -35/over 40

Unreasonable: TeamA -160/ TeamA -2.5 -135/ TeamA -3 -110


Anyway, Good luck, just beware of the problems you may run into getting your money...
No it not an illegal play where when one wins the others have to win. I lost money tonight, not much, but a little bit.
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Old 11-11-09, 06:52 AM   #11
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Use the Kelly Tool to figure the proper Bankroll % for each play. 2 very important questions: Have you tried to collect yet and is this Book rated B or better by SBR ?
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Old 11-11-09, 09:13 AM   #12
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Quote:
Originally Posted by cubical View Post
I have a system where I have a 50% chance of winning 4.5 units for a 1 unit risk. What % of my bankroll should I put on each play. As for the system, it is kinda complicated and involves correlated plays. It works consistently and I have turned $200 into $4k in 2 months. I just want to do it the most efficiently before the book finds out. Thanks for any input.
In two months time, how many of these wagers have you made?

FYI in Las Vegas you can't parlay the run line with the money line. You can't parlay the puck line to the money line to the total. You can't parlay the money line to the point spread.

If you can do this online and you are winning, then it is probably just a matter of time before you get shut down.

When you say you have a "system," does this mean you have a systemized way of making selections? Or does this mean you have a systemized way of constructing your wagers? Or is it a combination of both?

If it's the former, expect to run bad sooner rather than later.

If it's the latter, expect to run bad sooner rather than later.
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Old 11-11-09, 07:56 PM   #13
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I do the same set of bets for every game. As soon as they catch on I will post what I am doing. I don't know how long this will go on, but it can't be much longer.

PS I asked this elsewhere without much luck. Have you guys ever cashed out via **********? Are you required to show SSN or do you just show your ID to prove your name. Thanks
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Old 11-12-09, 01:25 PM   #14
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Quote:
Originally Posted by cubical View Post
PS I asked this elsewhere without much luck. Have you guys ever cashed out via **********? Are you required to show SSN or do you just show your ID to prove your name. Thanks
Just your ID in my experience.
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Old 11-12-09, 05:18 PM   #15
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Good luck buddy, you're going to need it..
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Old 11-13-09, 05:25 PM   #16
cubical
 
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Update...

Cashed out pretty large sum without problems =)
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Old 11-13-09, 06:13 PM   #17
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If it's something obvious enough that you can bet it blindly every game, but not obvious enough the book is likely to retroactively confiscate your winnings, I would be more concerned with coming up with good cover plays as opposed to making sure my bet size is optimal, particularly since things that strong often come with a $300 or $500 limit anyway.

Last edited by skrtelfan; 11-13-09 at 11:01 PM. Reason: correcting typo
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Old 11-13-09, 07:23 PM   #18
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Just read your other thread. I like how you say that the bets aren't that correlated there, but here you say that you are 50% to win getting 4.5:1. Congrats on getting paid, but dont be suprised if they confiscate some/all winnings when they find out.
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Old 11-13-09, 09:50 PM   #19
cubical
 
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Quote:
Originally Posted by bleedblue View Post
Just read your other thread. I like how you say that the bets aren't that correlated there, but here you say that you are 50% to win getting 4.5:1.
what do you mean?
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Old 11-13-09, 11:09 PM   #20
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Quote:
Originally Posted by cubical View Post
... As soon as they catch on I will post what I am doing. I don't know how long this will go on, but it can't be much longer ...
You are violating the basic principle of not getting caught:
- Steal once
- Steal big
- Walk away

Anything more and you get what you deserve.
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Old 11-14-09, 12:26 AM   #21
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Quote:
Originally Posted by JoeVig View Post
You are violating the basic principle of not getting caught:
- Steal once
- Steal big
- Walk away

Anything more and you get what you deserve.
They gonna come after me? lol

I think a huge jump in my balance would get me caught faster than slowly building with occasional payouts.
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Old 11-14-09, 01:46 PM   #22
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If it were just you, perhaps, but if it's something that obvious there's a good chance someone else noticed the same thing as well.
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