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I'm no expert but ill chip in till HockeyBoy gets back to us.
 Originally Posted by zxqv8
First, is there a specific number of teams I should be betting on? Like, you're using 3, but would using 4 or 5 be detrimental? Should I only be risking around a certain percentage of my roll on each game? (I'm just using the moneyline part, not the runline)
I think the general advice is to not risk more than 2.5% of your bankroll on any given bet, going down to 1% if your doing it for a living.
 Originally Posted by zxqv8
Second, does it make a massive difference that I've chosen different teams? I started a bit later in the season so I got some opinions on what teams would likely be generating the most action based on their performance so far and have been betting with/against them.
I think it does make a difference, HockeyBoy chose the teams because of the better odds offered for the opposition, due to them being the big/popular teams.
Of course you might have differing opinions on whether a team is getting backed more heavily because of public hype or whatever. I suppose working this out is what makes you a good sports bettor.
 Originally Posted by zxqv8
I haven't been going for terribly long, but my results are overwhelming red so far, which leads me to my second question. Is it normal to have stretches where you lose the majority of your bets? I'm just wondering if a long stretch of negatives will be made up for by a few days of positive. I'm seeing from your April results that this system gets pretty swongy. Do you expect that it typically ends positive?
Sportsbetting is as swongy as hell from what I can tell, kinda like heads up poker, the money only goes one way or the other.
 Originally Posted by zxqv8
For reference I'm using BOS, CHC, FLA, LAA, and STL as the teams to bet with/against and so far the favorite is consistently winning. Opinions there are welcomed as well. I haven't put real money on this yet but I certainly expect to at some point.
I suspect we lose more bets than we win, since our big teams usually end up with a record >.500, but the better odds we're getting make up for this.
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