UT,
I am not here to bash you. We are all adults here, and we are trying to make money.
I actually appreciate the fact that you sharing the system with us. It has given us all something to think about.
I would just like you to explain exactly what you are doing here.
I understand that you are modifying the system to weed out bad teams. I think that is smart.
But, my question for you is this.
You said that after 6 games, you stop chasing and eat the loss, right?
Here the thing. Let's say you have been chasing the Braves for the past 5 games, and let's say that they lose today again to the Mets.
That will make 6 straight losses for the Braves. Do you realize how much you will have lost just trying to win $50?
If the games were all even money then you would be down $3,150.
That's if they are all even money. However, we are talking about the Braves here, and they have been favored in most of these games.
So, add in the juice and we are talking around $5,000 just to win $50? It might even be more than that, but I have not done the exact math on their specific games.
Then what do you do? If you just eat the loss at that point, then you have just lost your entire profit for the whole month.
If you could explain this to me, I would appreciate it. Or, if I am misunderstanding something, then please clarify it. Thanks.