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Money Management for Single Bets
04-09-2013, 01:17 PM
Post: #1
Money Management for Single Bets
1) You have got 20 (theoretical) £1-coins in a line: (11111 11111 11111 11111)

2) You take a single bet with a £2-stake (by taking £1 from the beginning of your coins line and £1 from the end 1+1=2)

3) If you win, you take those £1-coins you have staken, aside. If you lose, put the two at the end of the coins line and further £2 as a stack at the very end.

e.g.
11111 11111 11111 11111 - stake £2
Result win
New value: 1111 11111 11111 1111 - again stake £2
Result loss
New value: 111 11111 11111 111 112 - this time stake 2+1 =3
Result loss
New value: 11 11111 11111 111 11123 - stake 3+1 = 4
Result win
New value: 1 11111 11111 111 1112
...

As you see from the example, when your pick is not true you should add 2, 3, 4, 5 each time.

I tried a lot of bets with this technique. The best result I had was: Succesful picks: around 60% and Avg Odds: 1.60 Avg of stake 24, Won 14.91
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