Question for the BB money making experts

sportsmonitor · Apr 16, 2004

I'm interested in wagering on baseball and wondered how I can successfully make money on this sport hitting 56% of my games. Let's say for example I like 3 games tonight.

1) Houston -1.5 -124
2) Cleveland -1.5 +117
3) K.C. +1.5 -156

What is the best way to wager on these games without getting burned. Lets say I wager $100 apiece on each game. Would this be the correct method of wagering on baseball games, or is there another alternative to wagering on baseball to come out ahead in the long run?

TRYING2WIN! · Apr 16, 2004

Round Robbin so even if you hit 2 out of the 3 your making money

barman · Apr 16, 2004

In order for your odds to balance out when betting Moneyline prices (instead of against a point spread), you should determine a base Unit.

Let's use an example of 100.

If you bet a favorite, bet the minus price to WIN 100.

If you bet a dog, bet 100 to win the increased return.

Another way to show it would be if you have two choices, one at -125 and the other at +125.

Bet the fave at Lay 125 Pay 225
Bet the dog at Lay 100 Pay 225

In theory, the two choices are 'balanced', so if you were to split, you would want to have an equal amount on both sides of the ledger.

GL and I humbly suggest you avoid Round Robbins, though I know many people enjoy that style of playing.

sportsmonitor · Apr 16, 2004

Not sure what round robbin means?

Barman-
In your example if I go 1-1 then I would only lose $25 for the day, correct?

A good example of why I asked this question. Win 2 out of 3 games but lose $150 on K.C. trying to win $100. In order to keep my system like last year of 56% winning percentage I had to stick with playing the Royals. Hopefully somebody will have a post on here someday on how to be more successful at wagering on baseball then just picking a couple teams you like and placing $100 on each team. Surely there is a better money management system than that. Maybe money line wagering or some other method must exist