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| | #1 (permalink) |
| SCI Member Join Date: Nov 2006
Posts: 461
| A good day yesterday. Dallas under 205 was a winner by almost 20 pts! That brings us to our highest percentage gain yet. 16.26% on 207 bets. Things have been great..but let me discuss a second about draw down..or variance. Being a poker player it is generally accepted that your bankroll should be at least 300 big bets. Or if your playing 100-200 holdem ..60,000 to play day in and day out. The reason assuming you have a positive expectation in the game is variance or what some people call "running bad". The same is true for sports betting. Even if you have a positive expectation variance will still require certain bankroll requirements. So far we have had almost 0 draw down..everything has been pretty much straight up. But reality what it is dont get carried away with this and be conservative, expect ..anticipate a draw down and be prepared. Good Luck! 22-Nov-06 Basketball Toronto Raptors (+3) for Game -110 22-Nov-06 Basketball Spread Miami Heat (+10) -105 RickJ http://rickjshandicappingpicks.blogspot.com/ Record to date: mlb Sides: 17- 14 +6.83 o/u 3-8-1 -5.09 ncaafb Sides 29-21-1 +8.39 o/u 6-5 +.72 nfl Sides 14-3-1 +10.90 o/u 6-3 +2.83 nhl sides 20-20 +2.56 Nba Side 13-11 +1.71 o/u 8-3 +4.94 Total 207 Bets + 33.65 units +16.26% Return |
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| | #2 (permalink) |
| Now go get your shinebox Join Date: Dec 2004 Location: Sportscapper Island
Posts: 15,068
| Nice call on Toronto Rick. Miami is in big trouble this year. |
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