Friday, November 21, 2008

Intro Post

Another degenerate gambler starting a blog, in the grand history of MoneyLine, VegasWatch and others. I'm nowhere near as good as them, this is just for me to keep tabs on shit.

How I'm operating my roll:

Starting out with "100%". The first week, all plays will be based off that amount in the form of 1x, 2x, etc. just like everyone else does. X will be 1% of whatever the roll is at the beginning of the week. Hey, sound familiar, ML?

Results will be posted on the right side of the page, with the percentages next to each sport representing how much I've made relative to the original roll. So if the total roll is at 152%, the sum of all the percentages next to each sport will be 52%. Fucking brilliant.

Flat Betting:

This thread on Covers shows how to truly flat bet, especially when you're dealing with hockey or baseball, and you're taking a lot of picks ranging from -110 to +200 and up. What this does, is it makes every play equal, in that if you have three plays of varying lines, you don't care which 2 of 3 succeed, as every combination nets you the same profit or loss.

I'm trying to get someone to write a little gadget for me so that anyone can throw in their unit size and line, and you will get what you should be wagering for both the favorite and dog side.

Until then, I'm just running it through Excel, using the following series of entries:

Cell A1 type "Unit Amount"
Cell B1 enter desired midpoint of your wager
Cell A2 type "Line"
Cell B2 enter line (with no - or +, for instance "120" or "180")
Cell A3 type "Bet amount if dog"
Cell B3 enter formula: "+(B1*2)/((B2/100)+1)"
Cell A4 type "Bet amount if fav"
Cell B4 enter formula: "+(B1*2)-C2

Thanks to Vanzack from Covers Forums

So that's it in a nutshell. Nobody else is going to be reading this, and my picks will be eerily similar to that of others.

Oh, and I'm going to be posting my plays to RMMB's Gambling Board under the handle LouNJ, and I will link to individual posts. They don't allow you to edit posts after a few minutes, so that's the best I can do to make sure that I can be trusted. Whatever, this is more for me than anything else.

College football plays up soonish.

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