2 in a row Betting Stragety, would this work?

[Larry]

Stop gambling now:thumbs:

[beermantm]

Here is the problem. Your actual chance of picking the right side of a game is 50/50 or you have exactly 50% chance of winning built in. The math works simply like this if you play one game you are 50% likely to win and 50% likely to lose but if you bet two games you multiply the percentages together:

.5 * .5 = .25

So your chance of winning both games drops you down to 25%

3 games

.5 * .5 * .5 = .125 or 12.5%

Lets say you felt 80% confident on both games you choose..........

.8 * .8 = .64 or 64% So even with the high expectation of winning both choices you would still only win it just better than half the time. With the lines as accurate as they are and the vigorish being paid by the winner according to how much they win, it will be hard to find two games at 80% confidence. It would be a rare occurrence.

You would be much better off playing three team parlays because you'll save a slight bit of money on the Vig charges.

[TheGoods420]

Betting single units is the best way to go then?

[CuseFan10]

Take $20 and double it till you win 10 bets in a row. Just pick 10 winners without losing and you will be OK.

Haha, almost my exact thoughts. All you have to do is never lose!!! :thumbs:

[yomonte]

Parlay = lure them in with a big payout but make them pick atleast two winners.

[yomonte]

Take $20 and double it till you win 10 bets in a row. Just pick 10 winners without losing and you will be OK.

[TheGoods420]

I have put myself in a big mess. I bet bigger then my bankroll and now Im in the negative. I realize now how to be a more responsible gambler and how to keep my money and give it a chance to win for me, but I need to get above ground first.

I keep thinking of this idea and I if anyone can give an opinion it would be appreciated. Ok, first you bet a play you like with your 1 unit (whatever the unit is). You win that game and then take the original unit plus all your profit and then bet it on a 2nd game. So $200 would become around $381 and then $381 would become around $763. Now after winning 2 in a row like this, I will drop back down to betting $200 a game. Anytime I win 2 in a row I will always drop back down to my orginal unit. And if I win the first $200 bet but lose the 2nd $200 bet, I will just start over and try to win 2 in a row. I noticed this way makes more money then if you were doing a 2 play parlay for $200.

I really have put a lot of thought into this and it may be able to get me out of the hole. What do you guys think? I have been chasing loses and making stupid mistakes, but I really think I am onto something here. Thank you for your time and tell me what you think about my idea. $200 becomes damn near $800 in 2 games with my idea, thats why I like it.