Ok, Final tallies from the Preseason:
Preseason bets: 5-1, +$395
All picks: 62-41-2
#1 picks: 12-7
Bets: 83.3%
#1's: 63.2%
ALL: 60.2%
Do NOT hold me to these percentages as the Preseason is a small sample compared to the regular season...
----------------------------------------------------------------------
My time is severely limited compared to past seasons, but I plan to post every day, unless I get my ass handed to me, at which time I'll stop posting, because posting non-stop losers does nobody any good...But I will attempt to go wire-to-wire, through the inevitable cold streaks...
And since that is the plan, well, it should be a LEARNING experience for people who are new to betting...And by new, I mean anyone betting for less than 5 years...
So I want to cover all the bases in terms of guiding folks through the best way to bet games through an ENTIRE season and hopefully people can learn some tips about not only how to cap the NBA (the best sport to handicap, IMO), but also how to protect your bankroll...
---------------------------------------------------------------------
Ok, this is how things will work for 2008-09...
3 different starting bankrolls, 10K in each one…
Level 1 bankroll: 10K
Level 2 bankroll: 10K
Level 3 bankroll: 10K
Level 3 bets: Are my strongest bets..."Best-of-the-Best" bets that pop up during the season...I have no idea how many there will be this season...Maybe 8, maybe 15...I dunno...Maybe less...I have always laughed at touts and their "ability" to know that there is a Play of the Week every week and a Play of the Month every month, and a Play of the Year every year...How do they know this??...How do they know that these plays will exist??...I don't...When I see them, I'll bet them, but I have no idea how many "top" plays there will be before the season starts...Which is why I have:
Level 2 bets: Basically these are my #1 sides and #1 totals and maybe a #2 or a #3 sprinkled in from time to time...There won't be bets every day in this category...Generally 1 to 3 plays a day, with 1 bet a day probably being the average, unless, I decide to be very selective this year, and then there will be less...
Level 1 bets: These will be all picks that I like daily…Could be 1 or 2 a day, could be 9 or 10 a day…Or anywhere in between...
These levels will be bet like this:
Level 1 plays: 2.5% of bankroll per play
Level 2 plays: 5% of bankroll per play
Level 3 plays: 10% of bankroll per play
Also, All Level 2 plays are also bet for 2.5% at the Level 1 Bankroll...
And, all Level 3 plays are also bet at Level 1 for 2.5% of that bankroll and at Level 2 for 5% of that Bankroll…
In other words:
All Level 1 plays are only bet using the Level 1 bankroll at 2.5% per bet…
All Level 2 plays are bet at 2.5% of the Level 1 BR and 5% of the Level 2 BR per bet…
All Level 3 plays are bet at all 3 Levels, 2.5% at Level 1, 5% at Level 2 and 10% at Level 3 per bet…
And remember, each Level has a starting bankroll of 10K for a 30K total…
“But wait”, people will say, “how can you bet 17.5% on 1 play”? That is insane!”…
No…
If you can get -105 juice, then you are actually betting 6.125% of your overall Bankroll on all Level 3 plays…Not bad, really, for “Best-of-the-Best” plays, which to this point, with a very small sample over the last 5 years since I have come up with these, have hit a high percentage for me…
----------------------------------------------------------------------<?xml:namespace prefix = o ns = "urn:schemas-microsoft-comfficeffice" /><o></o>
Ok, so now that the "rules" are in place, I'll go over some brief facts...
My personal bankrolls for these 3 levels are not 10K, they are less, but I will track all of my bets based on three 10K bankrolls because for simplicity sake, using powers of 10 are easier to track, and followers who wish to tag along can adjust their bankrolls easier based off a power-of-10 bankroll for tracking purposes...
All games listed as bets by me will in fact be bet by me in "real life" at the level indicated...
I won't have bets every day...
I will list my "picks" every day...For people who do not know me, I handicap and then pick every NBA side and every NBA total every day and I rank every pick from 1 to whatever…In other words, if there are 10 NBA games on the board, I pick all 10 sides, rank them from 1 to 10 with 1 being the "strongest" daily play and 10 being the 'weakest" daily play…Been doing this for 17 years...
So I will list every pick with rankings daily...Please don't confuse these with actual bets...The bets will be clearly listed and in Bold...
Since I am U.S. citizen, I don't hve access to Pinnacle or the Exchanges, so this really sucks and I will demonstrate why it sucks every day...Juice hurts the bankroll...But since I am a U.S. citizen and I have my money in A-rated SportsBooks that aren't reduced juice, I am stuck with -110 juice, so I will be doing it the hard way this year...But I am up for the challenge...Every bet will have -110 juice...
However, if I had access to the exchanges or Pinnacle, it would be a completely different story...I would bet positive juice or juice at -105 or lower at Pinny (at worst)...
So to illustrate the difference juice makes over the course of the entire season, every bet I make will be with -110 juice (doing it the hard way), but I will track Pinnacle reduced lines separately...
If I had access to the Exchanges, I would have positive or zero juice for EVERY bet...For example, if the Knicks were +10 -107, I would take them at +9 and, what would that be, maybe +104...And if I had Boston -12, I would take Boston -13 to bet it at positive juice...
With my limited time this season, I won't have time to look through the exchanges...
So If there are volunteers during the course of the year who would check out the exchanges after I post a bet at -110, please feel free to post what the positive juice listed is for that game and list the line for that juice...And I can track those, too...
I would like this to be a learning experience for everyone (who cares to learn) by reading this thread as the year goes on...
----------------------------------------------------------------------
My goals are to:
1) Show the importance of getting reduced juice, no juice or positive juice for all your bets over the course of a season...
2) Show how to protect your bankroll and not expose it to very high risk during the season...
3) Show different things to look for when handicapping the NBA on a daily basis, i.e. pointing out all of the important situational and motivational spots that pop up during the course of the season...
4) Provide analysis with every bet to show that I am not throwing darts...
5) Post the entire season (unless I am getting killed)...
6) Post some winners...
----------------------------------------------------------------------
Hopefully everyone will have a profitable 2008-09 NBA season...
GL...
Preseason bets: 5-1, +$395
All picks: 62-41-2
#1 picks: 12-7
Bets: 83.3%
#1's: 63.2%
ALL: 60.2%
Do NOT hold me to these percentages as the Preseason is a small sample compared to the regular season...
----------------------------------------------------------------------
My time is severely limited compared to past seasons, but I plan to post every day, unless I get my ass handed to me, at which time I'll stop posting, because posting non-stop losers does nobody any good...But I will attempt to go wire-to-wire, through the inevitable cold streaks...
And since that is the plan, well, it should be a LEARNING experience for people who are new to betting...And by new, I mean anyone betting for less than 5 years...
So I want to cover all the bases in terms of guiding folks through the best way to bet games through an ENTIRE season and hopefully people can learn some tips about not only how to cap the NBA (the best sport to handicap, IMO), but also how to protect your bankroll...
---------------------------------------------------------------------
Ok, this is how things will work for 2008-09...
3 different starting bankrolls, 10K in each one…
Level 1 bankroll: 10K
Level 2 bankroll: 10K
Level 3 bankroll: 10K
Level 3 bets: Are my strongest bets..."Best-of-the-Best" bets that pop up during the season...I have no idea how many there will be this season...Maybe 8, maybe 15...I dunno...Maybe less...I have always laughed at touts and their "ability" to know that there is a Play of the Week every week and a Play of the Month every month, and a Play of the Year every year...How do they know this??...How do they know that these plays will exist??...I don't...When I see them, I'll bet them, but I have no idea how many "top" plays there will be before the season starts...Which is why I have:
Level 2 bets: Basically these are my #1 sides and #1 totals and maybe a #2 or a #3 sprinkled in from time to time...There won't be bets every day in this category...Generally 1 to 3 plays a day, with 1 bet a day probably being the average, unless, I decide to be very selective this year, and then there will be less...
Level 1 bets: These will be all picks that I like daily…Could be 1 or 2 a day, could be 9 or 10 a day…Or anywhere in between...
These levels will be bet like this:
Level 1 plays: 2.5% of bankroll per play
Level 2 plays: 5% of bankroll per play
Level 3 plays: 10% of bankroll per play
Also, All Level 2 plays are also bet for 2.5% at the Level 1 Bankroll...
And, all Level 3 plays are also bet at Level 1 for 2.5% of that bankroll and at Level 2 for 5% of that Bankroll…
In other words:
All Level 1 plays are only bet using the Level 1 bankroll at 2.5% per bet…
All Level 2 plays are bet at 2.5% of the Level 1 BR and 5% of the Level 2 BR per bet…
All Level 3 plays are bet at all 3 Levels, 2.5% at Level 1, 5% at Level 2 and 10% at Level 3 per bet…
And remember, each Level has a starting bankroll of 10K for a 30K total…
“But wait”, people will say, “how can you bet 17.5% on 1 play”? That is insane!”…
No…
If you can get -105 juice, then you are actually betting 6.125% of your overall Bankroll on all Level 3 plays…Not bad, really, for “Best-of-the-Best” plays, which to this point, with a very small sample over the last 5 years since I have come up with these, have hit a high percentage for me…
----------------------------------------------------------------------<?xml:namespace prefix = o ns = "urn:schemas-microsoft-comfficeffice" /><o></o>
Ok, so now that the "rules" are in place, I'll go over some brief facts...
My personal bankrolls for these 3 levels are not 10K, they are less, but I will track all of my bets based on three 10K bankrolls because for simplicity sake, using powers of 10 are easier to track, and followers who wish to tag along can adjust their bankrolls easier based off a power-of-10 bankroll for tracking purposes...
All games listed as bets by me will in fact be bet by me in "real life" at the level indicated...
I won't have bets every day...
I will list my "picks" every day...For people who do not know me, I handicap and then pick every NBA side and every NBA total every day and I rank every pick from 1 to whatever…In other words, if there are 10 NBA games on the board, I pick all 10 sides, rank them from 1 to 10 with 1 being the "strongest" daily play and 10 being the 'weakest" daily play…Been doing this for 17 years...
So I will list every pick with rankings daily...Please don't confuse these with actual bets...The bets will be clearly listed and in Bold...
Since I am U.S. citizen, I don't hve access to Pinnacle or the Exchanges, so this really sucks and I will demonstrate why it sucks every day...Juice hurts the bankroll...But since I am a U.S. citizen and I have my money in A-rated SportsBooks that aren't reduced juice, I am stuck with -110 juice, so I will be doing it the hard way this year...But I am up for the challenge...Every bet will have -110 juice...
However, if I had access to the exchanges or Pinnacle, it would be a completely different story...I would bet positive juice or juice at -105 or lower at Pinny (at worst)...
So to illustrate the difference juice makes over the course of the entire season, every bet I make will be with -110 juice (doing it the hard way), but I will track Pinnacle reduced lines separately...
If I had access to the Exchanges, I would have positive or zero juice for EVERY bet...For example, if the Knicks were +10 -107, I would take them at +9 and, what would that be, maybe +104...And if I had Boston -12, I would take Boston -13 to bet it at positive juice...
With my limited time this season, I won't have time to look through the exchanges...
So If there are volunteers during the course of the year who would check out the exchanges after I post a bet at -110, please feel free to post what the positive juice listed is for that game and list the line for that juice...And I can track those, too...
I would like this to be a learning experience for everyone (who cares to learn) by reading this thread as the year goes on...
----------------------------------------------------------------------
My goals are to:
1) Show the importance of getting reduced juice, no juice or positive juice for all your bets over the course of a season...
2) Show how to protect your bankroll and not expose it to very high risk during the season...
3) Show different things to look for when handicapping the NBA on a daily basis, i.e. pointing out all of the important situational and motivational spots that pop up during the course of the season...
4) Provide analysis with every bet to show that I am not throwing darts...
5) Post the entire season (unless I am getting killed)...
6) Post some winners...
----------------------------------------------------------------------
Hopefully everyone will have a profitable 2008-09 NBA season...
GL...