What does your algorithm look at besides the +130 betting odds. Are you factoring in pitching match-ups or parks? And how did you come up with a 7x multiplier? Why not 3x or 10x? Is 7x some percentage of your bankroll?
I now many who don't go above 3% of bankroll.
bazooooka, sorry for the slow response. It's just that I am rarely on a site in the evening. My evenings are devoted to wife, family, friends, fine food, fine wine, and watching some of the games.
I have 2 algorithms that I apply. The newest one is used to find the picks that I have labeled as "Focus Picks". This group has nowhere near the sample size of the +130dogs.
The oldest algorithm is what is used to produce all picks, except the "Focus Picks". The +130dogs is a subset of those picks. In other words, the algorithm doesn't "look for" +130dogs.
The 7Xs just happened to be the max that I had hit in the season prior to my realizing that I had it backwards in starting at 1X and escalating it as the winnings came and the season went on. My "ah-ha" moment was in realizing that the picks did better at the beginning of the season than in the middle which is why I start at max and reduce it as the season goes on. I really have no thoughts on the amount someone else should play. It is different for all people. It's not only % of bankroll that may apply but more importantly one's appetite for risk carries the greatest weight. There is no one method that could be applied to everyone.
DO NOT blindly accept what has been spoken.
DO NOT blindly accept what has been written.
Think. Assess. Lead. DO NOT blindly follow.