Quote:
Originally Posted by lamboguy
i haven't heard of this type of wagers in 50 years, but i remember them, they are called stop action.. the people i knew that played that way all wound up going broke, but they did it with a double up catch up process in place, if they lost the first they would double down on the second, then double down on the 3rd, and then the 4th, and then the 5th, and then the 6th. these guys played this way with sports games. maybe its different with horses.
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Quote:
Originally Posted by lamboguy
a guy i knew had a system in Baseball. if the home team won the prior day and they were playing a double header he would bet the home team in the first game, if that lost, he doubled up on the 2nd game with the home team again. so one year he was betting $100 units and won close to $1500 for that first year. the next year he stepped it up to $200 per unit, by the end of June he was out almost $15,000 and ran out of money to go the rest of the year.
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As always Lambo I appreciate your thoughts. This methodology I am using for this sample run at Belmont as you can see has a very low win percentage but the ave win payout is very high. To date here in this sample I have not had more than 1 winner in a day and had I stopped play after that win, I would have saved 24 wagers which would have me in the (+). It does take patience and a few very nice prices, which do come, albeit stubbornly here at Belmont, to get nicely into the (+). The doubling up method (Martingale?) may work in the short term but, imho, is waging suicide in the long term, as evidenced by your friend's experience. Thank you again for your thoughts. Best always!
Quote:
Originally Posted by atlasaxis
Selections played to win if going off at 8-1 or more @ pt.
Play ends for the day after the first win.
Saturday July 2
R3 - 1
R4 - 2
R5 - 3
R7 - 1 np
R8 - 2
R9 - 6
R10 - 10
Today: 6 selections, $12 wagered, $0 returned, 0 winners
Total: 164 selections, $328 wagered, $284.80 returned, 8 winners
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Selections played to win if going off at 8-1 or more @ pt.
Play ends for the day after the first win.
Sunday July 3
R2 - 4
R3 - 5
R4 - 2
R5 - 7
R7 - 7
R8 - 4
