Yesterday's loss of -501 was our worst day since 05/11.
We have now had 3 consecutive losing days. In the 21 days since I had altered the formula to include a couple of pitching stats we have had several 4 day streaks. We first had a 4 day winning streak from 06/17 thru 06/20. We then had a 4 day losing streak from 06/23 thru 06/27. Followed by a 4 day winning streak from 06/28 thru 07/01. Does this portend a losing day today and a winning day tomorrow? We'll see.........
Today's picks are:
Milwaukee Brewers -128 (2 UNITS)
Cincinnati Reds -136
Yesterday was a loss of -392 and YTD is now -454. There were no +130dogs and the 2Xs plays lost -256 with its YTD now at -670.
Today's picks are:
Atlanta Braves -127
San Francisco Giants 132
Kansas City Royals 155
New York Yankees -102
Chicago Cubs 156
Minnesota Twins 132
Today's picks are:
Washington Nationals -200 (2 UNITS)
Chicago Cubs 135
Tampa Bay Rays 110
Minnesota Twins 180
Los Angeles Dodgers 142
Today's picks are:
Kansas City Royals 163
Seattle Mariners -113
Minnesota Twins 170
Also, Buzz Paff is almost always right!
Just as a recap, and to judge progress in this process, I have the following data:
Year to Date (since the first pick on 04/15) we have a net loss of -447.
Since 04/26/12 (date of first major change in formula) we have a net win of +748, having made 360 picks and a record of 179 wins and 181 losses. 49.72%
Since 06/14/12 (date of second major change in formula with additional pitching stats) we have a net win of +664, having made 88 picks and a record of 46 wins and 42 losses. 52.27%
It looks like positive progress. It's a damn shame that the early +130dog results haven't held up. We ended the first half with a 2 day losing streak. It would have bee interesting to see if the streak would have extended to 4 and ended again.
Anyway, I look forward to a better 2nd. half and a need to spot another trend with which I can help improve our record.
Today's picks are:
New York Yankees -137 (2 UNITS)
Detroit Tigers -118
Chicago White Sox -117
Milwaukee Brewers -137 (2 UNITS)
Quote: steeldco
Since 04/26/12 (date of first major change in formula) we have a net win of +748, having made 360 picks and a record of 179 wins and 181 losses. 49.72%
Since 06/14/12 (date of second major change in formula with additional pitching stats) we have a net win of +664, having made 88 picks and a record of 46 wins and 42 losses. 52.27%
Even stating your winning or losing percentage is misleading. Since you are picking games that are on a money line, not a points (or runs) line, the winning percentage is not relevant. I could develop a system, say, pick home teams with pitchers who have ERA's under 4.00, and I'll be able to likely snare 60% wins. But I may be laying odds high enough that even winning 60% of the games I'll be losing money. The +748 and +664 is what is pertinent and relevant!
Good luck!
748/360 = 2.078, which I think means 2.078 gained per 100 wagered.
You're right. Thank you. Point well taken. Particularly since I know that lately the formula has been picking more favorites. That's probably why the % has increased.
Interesting. How would the fact that some of the picks are wagered at 2X units come into play here? How would I account for those?
Interesting. How would the fact that some of the picks are wagered at 2X units come into play here? How would I account for those?
Quote: steeldcothecesspit,
Interesting. How would the fact that some of the picks are wagered at 2X units come into play here? How would I account for those?
If your lumping it all together, it's the net amount won/loss per $1 wagered that's of interest, thinking about it. Bet $400, win net of $50, you've won 12.5c per $1. I had forget when I was writing you had the 2x bets as well. If you looking at each type, you can split it "per bet".
Anywhich way, this gives you an idea of the expectation of the next bet. Only an idea, but it might be useful. You could also back run the +130's and -110's you've done and see if currently you have an advantage over the book, and it's size, and the size of your error bars around that. Of the top of my head, I'm not sure how many bets you'd need to start to get a good idea of your actual EV +/- 1.s.d being above the profit line.
Sorry if this is going to end up being a regurgitation of the post, if it shows up.
We had net loss yesterday of -309 which brought our YTD to -756. There were no +130dogs picked so its YTD remained at +324. The 2Xs play lost -74 and its YTD is now -544.
Today should be interest with several dogs and several 2Xs plays. They are:
Toronto Blue Jays -143 (2 UNITS)
Baltimore Orioles 160 (2 UNITS)
Kansas City Royals 153 (2 UNITS)
Milwaukee Brewers -145 (2 UNITS)
Houston Astros 200
San Diego Padres 149
Cincinnati Reds -149 (2 UNITS)
Quote: steeldcoSo maybe the best indicator would be return or loss / amount put at risk. A return on investment %? The win being the return and the amount at risk being the amount invested. I kind of like that. What do you think? Of course if there's a loss then I will go hide somewhere...........
That's what any investment is all about. You do consider this investing, versus gambling, I should hope ??
Today's picks are:
LA Angels of Anaheim 105
Toronto Blue Jays 164
80 days from 04/26 thru 07/15
Highest Bankroll Needed 1035
Average Bankroll (House Money) (556)
Number of days a bankroll was needed 21
Average Bankroll needed for the 21 days 453
Annualized ROI based upon highest Bankroll needed 199.13%
I calculated the daily bankroll need by adding the day's at risk amount to the cumulative profit or loss at the beginning of that day. I think that the above number is conservative since I based it upon the highest bankroll needed for a day whereas it should have adjusted daily, and even earning an small bit of interest. I think.......this was a pain in the butt to do. In order to get caught up. It will be easier going forward if I can remember to update the file daily.
Today's picks are:
Detroit Tigers -120 (2 UNITS)
Arizona DiamondBacks 155
Chicago White Sox 155
Today's picks are:
Los Angeles Dodgers -119 (2 UNITS)
Chicago White Sox 158
Chicago Cubs 108 (2 UNITS)
Baltimore Orioles 144
Seattle Mariners 114
Anyway, we had a good day yesterday with a net win of +360 and our YTD is now -532. The +130dogs had a winning day for a net of +44 and its YTD is now -28. The 2Xs plays were a net winner of +416 and its YTD is now -168.
I probably shouldn't curse myself, but I'll go ahead and state that since I still do believe that we have been a bit "streaky" we should have another winning day today and tomorrow (here's hoping). We'll see.
Today's picks are:
San Francisco Giants 104
Detroit Tigers -136 (2 UNITS)
San Diego Padres -147 (2 UNITS)
The second part of yesterday's call was that we would have another winning day today. With so many of the teams not having played yesterday, there ended up being only one pick today......but I guess if it's one game then Strasborg might be a good choice to be on.
Today's pick:
Washington Nationals -140 (2 UNITS)
Quote: duckston09Washington was winning 9 - 0 in the 5th inning and blew it. Unbelievabe.
It was totally expected as I told steeldco at the time
Wow. I went to bed feeling good, thinking I had a winner, and woke up this morning wanting to puke.............like a punch in the nuts.
Yesterday was a net loss of -280 and our YTD is now -512. There were no +130dogs and the 2Xs plays had a loss of -280 and making its YTD -48. Yesterday also screwed up the streak that I was expecting.
I have a little time on my hands today. I'm going to explore for a pattern, or trend, that we can try to exploit.
Today's picks are:
Cleveland Indians -146 (2 UNITS)
Toronto Blue Jays 124
Tampa Bay Rays -146 (2 UNITS)
San Diego Padres -104 (2 UNITS)
Quote: duckston09There's a strange thing happening with Atlanta on Fridays. By coming back from a 9 run deficit, they are 12 - 2 on Fridays. They play much different on Mondays. They are 0 -11 on Mondays and 0 - 15 dating back to last August.
duckston, I checked and you're right with Atlanta's tendencies for Fridays and Mondays. I find it interesting. The question is, can something like that be consistant enough to be used or is it about to reverse? Have to ponder this, but thanks!
Quote: steeldcoSometimes "coincidences" can be short term trends that can be exploited. I'm toying with the idea of using something like the above to eliminate picks. For example if the Pirates are 13 and 2 on Saturdays then maybe I should be eliminating a pick that my formula produces that would go against that? NOT add a pick, but eliminate.
You should only do so if it is reasonable that there is a true correlation. If the Pirates are 13- 2 against lefthanded pitchers that might be a trend to consider. If they are 13 - 2 against pitchers who have 3 vowels in their name I would discount that trend.
I made a minor tweak to the formula this morning. The net effect on today's picks is that the tweak added Washington.
Today's picks are:
Los Angeles Dodgers 130
Washington Nationals -123 (2 UNITS)
Kansas City Royals -130 (2 UNITS)
Chicago Cubs 180
but what if guys with 3 vowels in their name all are from a family tree whose offspring throws 103 mph but you don't know that they're all related?
Well, I told you I needed the money. I cleaned up betting against your picks. Nothing personal.
I just needed the money !
Or is it just that team A should win more than 1/2 the time?
sorry for not responding yesterday, but we spent the day at a family birthday party. great stuff. amazing what being around a bunch of kids can do. feel good. uplifting. invigorating. fantastic.
my formula uses a set of stats which is meant to tell me which team is more likely to win. not necessarily 50% or 60% or 70% of the time, etc.
a team with only a slight edge, using my stats, is no less likely to win than the team with a larger statistical advantage. at least that is what I have seen so far.
the exception is the 2Xs plays which had shown a higher winning % when I backtested. those have not done so well since introduction.
i hope that I answered your question........
Only one pick today:
Los Angeles Dodgers 113