Anybody ever thought of ...

[Bman66]

betting a baseball team to win until they do and doubling the win amount when you lose until you get there? What do you guys think about this? I've tried it in the past with mixed results. When I win, it's great, but lose a couple and all of a sudden I've got a monster 3rd and 4th bet. I've noticed that teams seem to be very streaky in baseball so I'm having second thoughts about this plan of attack. And it sure adds up quick when your 2nd, 3rd, and 4th bets are on a team that may be -175 to -250. OUCH!

[Ronbets]

Bman66,

A bit of advice--Don't do it. This type of wagering is categorized as bridgejumping. As you are descending into the water your thoughts will be "what could I have won?"

[chestrockwells]

Don't do it. There are so many problems with this approach that it could fill a textbook!
Besides, unless you really hate money, it would be tough to push out those big bets. Years ago, I used to play A LOT of blackack. I once sat down at the beginning of a session and lost 14 hands in a row. Not even a tie along the way. Tough to handle psychologically, but it would have been 100 times tougher if I had to lose 14 bets in a row spaced out over 14 days.

[Jeff]

The key words in your post are "mixed results".

There are various baseball progression systems, all with mixed results.

A friend of mine was having a losing baseball season last year. Around August, he switched to a progression system that had him playing dogs in series several plays a day. He did this EVEN THOUGH he knew better......

The results? He made a fortune!

But we all know, the results could have been drastically different, and should he decide to use that same system this August, he could be in for a surprise.

It's a recipe for disastor.

[Eman]

That type of system has been tried at craps, roulette, and every betting game known. It just won't work...DON'T DO IT!

If you bet one unit and lose, then bet 2, 4, 8, 16 etc. the sportsbook or casino would love your action. They only have at risk your original 1 unit because even by the time you are risking 16 units, you have already lost 15 or risking 32 units you have lost 31 etc.

Its been debated in here a lot but IMO betting the same amount and grinding it out is the way to go. With your (idea) if a unit was 1% of your bankroll after 7 losses you couldn't afford to lay the 8th bet. Everybody has those streaks at some point, except maybe Seattle so far

[SEC]

Beware the power of the power of 2's, and listen to these previous words of wisdom!

I'm not proud of the 0-12 streak I had in college hoops a few years ago, but I am proud that I lived to bet another day. It can happen to you...

[Bman66]

I ran into a roadblock this week when the Phillies went into Tampa Bay. I laid the first game for a nickle, lost, laid 1775 on the second and laid 3600 on the Thursday morning game on Wednesday night. After not being able to sleep, I changed my mind in the morning and bet back Tampa Bay. I decided that getting my money back on the third leg was not worth the risk of losing 6+ dimes over the entire series. What made it a little easier decision for me was the fact that Philly wasn't playing particularly well lately, especially offensively. Wouldn't you know it, after losing again Sunday, they broke out the lumber this weekend against Baltimore. :rolleyes:

Bman66

[BILLYBETTERBETTOR]

Here's another way of betting and just like the progression bet you will lose your ass if you do it.
Lets say MLB team A is fav -125 on the moneyline making team B a +135 dog. On the runline team A -1½ runs is +130. See where were going. You can bet team A -1½ at +130 and also bet team B on the moneyline at +135. The only way you lose is if team A,the favorite,wins by exactly one run. Any other score you win!
Of course the problem is if team A wins by 1 you lose both bets. You can get away with it once maybe twice if your lucky but it is certain you will lose if you keep betting this way.
It just so happens there is such a game on Mon.18th.
MARLINS moneyline +135
BRAVES -1½ runline +130
DON'T DO IT!

[carp]

if team A is -125 team B would be +115(not +135)

[azbob]

I've tracked a system which was first discussed in these forums about two years ago.

It is...play ON any team which has won 4+ in a row and play AGAINST any team losing 4+.

Here are the results, so far, for this year using $65 as a unit and excluding the first two weeks of the season.

WIN 4+ 63-46 + $1,284
LOSS 4+ 55-50 - $ 818

In this system, I've also reduced the unit bet by half when a winning or losing team reaches 8. Here are those results:

WIN 8+ 16-5 ($$ included above)
LOSS 8+ 1-5

Based on past experience, I suspended play during interleague action. That was a smart move this year as the system was 5-12 losing $460 during the interleague period.

Also of note is the record when a 4+ winning team plays a 4+ losing team. This year, that situation is 12-8 for + $256. Last year it was 23-15 for + $312.

Last year results were (including interleague):

WIN 4+ 130-105 + $1,098
LOSS 4+ 136-116 - $ 424

WIN 8+ 8-5
LOSS 8+ 5-5

This data may help to supplement other handicapping strategies. In summary, I think it's time to lay off the 4+ losers and only consider the 4+ winners.

Also, the situation where a 4+ winner plays a 4+ loser looks profitable

good luck