As some of you who may remember a couple of times where in a post I would mention about a money management system, I have always meant to share with fellow RXers. I just kept putting it off knowing that I would need to defend & explain my system well enough for it to have some followers (or at least believers).
Let me say right away several things before I lose anybody with my eventual blabbing:
1.) Yes, this *IS* a type of martingale system. I have read/seen so many kinds of 'systems' that involve some kind of martingaling (for instance, "following a hot/cold streak MLB team" or "playing against a road-weary team" or a type of series where "something is doubled up until it's won"). What I hope to show in this thread is how I attempt to limit my impact of a pure martingale system with several features of my system that I have picked up through trial and error EXPERIENCE.
2.) This system can work for all levels of bankrolls, from a $5 bettor to a $1K bettor. I will be explaining the system based on common goals (i.e. to "try to win $100" as being equivalent to trying to win 1 unit), but formulas and numbers can be adjusted on your own based on your bankroll.
3.) I know I definitely will have to share some of my historical Excel files to show real-life actual bets info (from the distant and some recent past), but some of the info are scattered among my computers, USB external drive, and some thumbdrives, LOL. I will try to share as much as I can but if I don't share some parts of a file or whatever, it shouldn't be taken as me trying to hide something bad about this system. Trust me, I will post/share the weaknesses or whatever you want to call it-- and show how I have attempted/successfully dealt with it.
4.) Most important thing: I *still* feel that the system I have tweaked is not perfect and that I'm continuously trying to improve it (which I feel is a good sense of working my efforts on this rather than tweaking a chase-type of system, tweaking a survivor-type of system). I have a funny feeling that I will eventually contradict myself when I say something early but then later say something else, and you fellow RXers will not let me see the end of it.
5.) I originally got this system from a handicapper online years ago, but several reasons I decided not to give credit for this: I feel that I have changed the system sufficiently as well as finding out that the handicapper had essentially claimed credit for another system when it was disputed later on by the original author. To this end, if somebody here searches for old posts or something, you may find out who this system came from, but it's a moot point, IMHO.
6.) Finally, this semi-martingale system (or ANY OTHER SYSTEM) will not work if you just simply cannot consistenly win 40% of your picks, yes, that low... so that's no excuse for most of us or even following a cold handicapper would still be alright.
Alright, the system coming up in the next post! (I did this on purpose to break up the introductory post so that people can just skip to the system explanation post if they wanted to).
* CalvinTy
Let me say right away several things before I lose anybody with my eventual blabbing:
1.) Yes, this *IS* a type of martingale system. I have read/seen so many kinds of 'systems' that involve some kind of martingaling (for instance, "following a hot/cold streak MLB team" or "playing against a road-weary team" or a type of series where "something is doubled up until it's won"). What I hope to show in this thread is how I attempt to limit my impact of a pure martingale system with several features of my system that I have picked up through trial and error EXPERIENCE.
2.) This system can work for all levels of bankrolls, from a $5 bettor to a $1K bettor. I will be explaining the system based on common goals (i.e. to "try to win $100" as being equivalent to trying to win 1 unit), but formulas and numbers can be adjusted on your own based on your bankroll.
3.) I know I definitely will have to share some of my historical Excel files to show real-life actual bets info (from the distant and some recent past), but some of the info are scattered among my computers, USB external drive, and some thumbdrives, LOL. I will try to share as much as I can but if I don't share some parts of a file or whatever, it shouldn't be taken as me trying to hide something bad about this system. Trust me, I will post/share the weaknesses or whatever you want to call it-- and show how I have attempted/successfully dealt with it.
4.) Most important thing: I *still* feel that the system I have tweaked is not perfect and that I'm continuously trying to improve it (which I feel is a good sense of working my efforts on this rather than tweaking a chase-type of system, tweaking a survivor-type of system). I have a funny feeling that I will eventually contradict myself when I say something early but then later say something else, and you fellow RXers will not let me see the end of it.
5.) I originally got this system from a handicapper online years ago, but several reasons I decided not to give credit for this: I feel that I have changed the system sufficiently as well as finding out that the handicapper had essentially claimed credit for another system when it was disputed later on by the original author. To this end, if somebody here searches for old posts or something, you may find out who this system came from, but it's a moot point, IMHO.
6.) Finally, this semi-martingale system (or ANY OTHER SYSTEM) will not work if you just simply cannot consistenly win 40% of your picks, yes, that low... so that's no excuse for most of us or even following a cold handicapper would still be alright.
Alright, the system coming up in the next post! (I did this on purpose to break up the introductory post so that people can just skip to the system explanation post if they wanted to).
* CalvinTy