Thread: Newbie question
View Single Post
Old 05-04-2006, 01:42 AM   #1 (permalink)
mshewma0
Newbie
Join Date: May 2006
Posts: 2
Default Newbie question

Hello everyone. This is my first post so be nice to me if I break the rules or say something ignorant.

Ok so I have a theory that I would like some feedback on.

I've had my hand in a couple NFL games and really became interested in college basketball in the past year, but I recently began betting on MLB and do pretty well in MLB with this strategy. I'll try to explain it as best as possible.

Ok there are alot of bad teams such as the Pirates, Royals, and Twins that go on alot of losing streaks. Additionally they tend to not be favored when on the road. They are often given money lines of +150 to +250 where lots of money is to be won if you can guess when the underdog will win. Well when these teams go on 10 game to 12 game road trips, I think it's reasonable to believe they will win at least one game and maybe even 2 or three. This is where I think money can be made. Here's how the bets would be layed out. I'll use small amounts of money to emphasize my point

On the first game of the road trip I put down $2. And shucks they lose. Then I put $8 down. Shucks they lose again. I'm down $10 now. I then put down $20 on the third game and they lose again. I'm down $30 now. I then put $50 in the fourth game and they lose again. I'm down $80 now. On the fifth game I put down $130 and holy crap they win. Because it's a road trip I may make an overall profit for the five games of $50-$300 depending on the line for the fifth game.

Wow that was wordy. I promise I won't post anything this long in the future, but I think you get my point. I sort of increment my bets as the losing streak continues until I win a game. I think once I win a game I would cease betting on the team for that road trip because getting one win from the Pirates, Twins, or Royals is a little greedy.

I don't necessarily like this method of betting because it almost takes the fun out of betting, but I think it could be a profitable method. It could have huge short term loses, but eventually could result in a long term profit.

So that's my opinion so there's no telling if it's reasonable. It seems so simple that I feel like I'm overlooking a huge detail so I'd appreciate anything you think. Shoot me straight. Thanks.
mshewma0 is offline   Reply With Quote