aldric Posted June 20, 2007 Share Posted June 20, 2007 I have suffered from a huge lack of discipline recently which has had a massive dent in my 'betting' bank balance. I created a thread a few months back which was based on Martingale staking with a few twists: http://www.punterslounge.com/forum/showthread.php?t=42007 I started with £300 and more than doubled the bank before giving some back. Again I lost a bit of discipline with that system which tried to gain big profits in a short space of time. So, what this time? A similar martingale strategy, however with a more sensible (martingale sensible? NEVER!?) and disciplined approach (I hope!) Rules: Starting Bank £100 (real money) 1) There is no need to rush so, first bet to be 2.5% of the bank (£2.50) until (hopefully) the bank doubles to £200. 2) If the first bet loses the 2nd bet will be placed to recoup the loss, however not to make a profit. 3) If the 2nd bet loses the 3rd bet will be placed to recoup the loss of the first 2 bets. eg a losing betting sequence will be, £2.50, £2.50, £5, £10, £20, £40 so I can have a maximum of 6 losses in a row, very possible! The above example is assuming the odds are evens. 3) Bets will mostly be placed on events where there are only 2 outcomes, such as Baseball, tennis or football over / under etc. 4) Bets will be placed with bwin (until I manage to withdraw some money out of there) Hopefully the above makes sense, I know it isn't a sensible approach, however I enjoyed this the last time I tried it and its only 100 quid :ok Quote Link to comment Share on other sites More sharing options...
aldric Posted June 20, 2007 Author Share Posted June 20, 2007 Re: Martingale Madness............. Bet 1 Baseball Baltimore v San Diego OVER 7 £2.50 @ 1.83 to win £2.08 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 21, 2007 Author Share Posted June 21, 2007 Re: Martingale Madness............. Bet 1 Baseball Baltimore v San Diego OVER 7 £2.50 @ 1.83 to win £2.08 Winner - 8 runs scored :ok Bets: 1 Won: 1 Lost: 0 Profit / Loss: +2.08 Bank 102.08 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 21, 2007 Author Share Posted June 21, 2007 Re: Martingale Madness............. Bet 2 Baseball Chicago Cubs v Texas UNDER 10.5 £2.50 @ 1.83 to win £2.08 Quote Link to comment Share on other sites More sharing options...
ghostzer Posted June 21, 2007 Share Posted June 21, 2007 Re: Martingale Madness............. I practise Martingale as well, there isn't a foolproof system in the world so far... Hence just know when to stop, Aldric... Best of luck! Quote Link to comment Share on other sites More sharing options...
aldric Posted June 21, 2007 Author Share Posted June 21, 2007 Re: Martingale Madness............. I practise Martingale as well, there isn't a foolproof system in the world so far... Hence just know when to stop, Aldric... Best of luck! Thanks, Its just a bit of fun.... hopefully keep me entertained for a while ;) Quote Link to comment Share on other sites More sharing options...
aldric Posted June 21, 2007 Author Share Posted June 21, 2007 Re: Martingale Madness............. Bet 2 Baseball Chicago Cubs v Texas UNDER 10.5 £2.50 @ 1.83 to win £2.08 LOSER - 11 runs :wall Bets: 2 Won: 1 Lost: 1 Profit / Loss: -0.42 Bank 99.58 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 21, 2007 Author Share Posted June 21, 2007 Re: Martingale Madness............. Bet 3 Baseball Pittsburgh v Seattle OVER 9 £2.50 @ 2.00 to win £2.50 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 22, 2007 Author Share Posted June 22, 2007 Re: Martingale Madness............. Bet 3 Baseball Pittsburgh v Seattle OVER 9 £2.50 @ 2.00 to win £2.50 LOSER - 3 runs scored Bets: 3 Won: 1 Lost: 2 Profit / Loss: -2.92 Bank 97.08 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 22, 2007 Author Share Posted June 22, 2007 Re: Martingale Madness............. Bet 4 Baseball C. Cubs v White Sox OVER 8.5 £6.02 @ 1.83 to win £5.00 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 22, 2007 Author Share Posted June 22, 2007 Re: Martingale Madness............. Bet 4 Baseball C. Cubs v White Sox OVER 8.5 £6.02 @ 1.83 to win £5.00 LOSER - 6 runs scored. :wall Bets: 4 Won: 1 Lost: 3 Profit / Loss: -8.94 Bank 91.06 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 22, 2007 Author Share Posted June 22, 2007 Re: Martingale Madness............. Bet 5 Baseball Kansas v Milwaukee OVER 9.5 £11.59 @ 1.95 to win £11.01 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 23, 2007 Author Share Posted June 23, 2007 Re: Martingale Madness............. Bet 5 Baseball Kansas v Milwaukee OVER 9.5 £11.59 @ 1.95 to win £11.01 WINNER - 17 runs scored :ok Bets: 5 Won: 2 Lost: 3 Profit / Loss: +2.07 Bank 102.07 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 23, 2007 Author Share Posted June 23, 2007 Re: Martingale Madness............. Bet 6 Tennis WTA Jankovic v Chakvetadze Jankovic to win 2-0 £2.50 @ 1.90 to win £2.25 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 23, 2007 Author Share Posted June 23, 2007 Re: Martingale Madness............. I am not sure what is going to happen with bet 6 due to the continual rain, Jankovic was losing 5-0 and got it back to 5-4 before rain stopped play about 4 hours ago! Bet 7 Baseball Philadelphia v St Louis OVER 9.5 £3.00 @ 1.91 to win £2.73 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 23, 2007 Author Share Posted June 23, 2007 Re: Martingale Madness............. Bet 6 Tennis WTA Jankovic v Chakvetadze Jankovic to win 2-0 £2.50 @ 1.90 to win £2.25 LOSER - Jankovic lost the first set 7-6 :wall Bets: 6 Won: 2 Lost: 4 Profit / Loss: -.43 Bank 99.43 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 24, 2007 Author Share Posted June 24, 2007 Re: Martingale Madness............. I am not sure what is going to happen with bet 6 due to the continual rain, Jankovic was losing 5-0 and got it back to 5-4 before rain stopped play about 4 hours ago! Bet 7 Baseball Philadelphia v St Louis OVER 9.5 £3.00 @ 1.91 to win £2.73 WINNER - 11 runs scored :ok Bets: 7 Won: 3 Lost: 4 Profit / Loss: 2.16 Bank 102.16 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 24, 2007 Author Share Posted June 24, 2007 Re: Martingale Madness............. Bet 7 Baseball Cleveland v Washington OVER 10 £2.50 @ 2.00 to win £2.50 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 24, 2007 Author Share Posted June 24, 2007 Re: Martingale Madness............. Bet 7 looks like a loser, only 2-1 bottom of 7th. I am going to change the strategy slighty and aim to gain a massive £1.25 profit when chasing a loss. I should still have 6 chances to win before the bank runs out. Bet 8 Baseball NYY v San Francisco OVER 9 £4.52 @ 1.83 to win £3.75 Quote Link to comment Share on other sites More sharing options...
bickleigh bomber Posted June 24, 2007 Share Posted June 24, 2007 Re: Martingale Madness............. first post so obviously very naive, what if you only bet on 2/1 and above favs, i ve done no research into this and i admit some will suggest i should be shot out of hand for suggesting this! like i say i m a newbie to the concept of systems.:spank Quote Link to comment Share on other sites More sharing options...
aldric Posted June 25, 2007 Author Share Posted June 25, 2007 Re: Martingale Madness............. first post so obviously very naive' date=' what if you only bet on 2/1 and above favs, i ve done no research into this and i admit some will suggest i should be shot out of hand for suggesting this! like i say i m a newbie to the concept of systems.:spank[/quote'] :welcome Well, to be honest this is just a bit of fun as the martingale strategy will always end in tears eventually!! In terms of betting on 2/1 and above favourites that will mean betting on events which have more than 2 results. I believe this 'fun' will last longer if I select bets which have only 2 outcomes and the draw etc doesn't come in to play. Does that make sense? Quote Link to comment Share on other sites More sharing options...
aldric Posted June 25, 2007 Author Share Posted June 25, 2007 Re: Martingale Madness............. Bet 8 Baseball Cleveland v Washington OVER 10 £2.50 @ 2.00 to win £2.50 LOSER - 4 runs :wall Bet 9 Baseball NYY v San Francisco OVER 9 £4.52 @ 1.83 to win £3.75 PUSH - 9 runs scored. Bets: 9 Won: 3 Lost: 5 Push: 1 Profit / Loss: -0.34 Bank 99.66 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 25, 2007 Author Share Posted June 25, 2007 Re: Martingale Madness............. Bet 10 Baseball St Louis v NYM OVER 9 £4.52 @ 1.83 to win £3.75 Quote Link to comment Share on other sites More sharing options...
bickleigh bomber Posted June 25, 2007 Share Posted June 25, 2007 Re: Martingale Madness............. sorry i should of mentioned on the horses, without trying to hijack your thread i did it tonight on the evenings meet so far my next bet will be £256! and i ve already wagered £255 still quids in when the fav comes in! If only i was using real money. Good luck:clap Quote Link to comment Share on other sites More sharing options...
aldric Posted June 26, 2007 Author Share Posted June 26, 2007 Re: Martingale Madness............. Bet 10 Baseball St Louis v NYM OVER 9 £4.52 @ 1.83 to win £3.75 LOSER - 3 runs scored :wall (lowest scoring match of the night!) Bets: 10 Won: 3 Lost: 6 Push: 1 Profit / Loss: -4.86 Bank 95.14 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 26, 2007 Author Share Posted June 26, 2007 Re: Martingale Madness............. Bet 11 Tennis Henman v Moya MOYA £8.70 @ 1.95 to win £8.27 This match was held over from yesterday and it is 5-5 in the decider. Henman had 4 match points yesterday and will have had all night to think about how he failed to take any of them. I just cant put my money on Henman, he has only won twice this year..... Quote Link to comment Share on other sites More sharing options...
aldric Posted June 26, 2007 Author Share Posted June 26, 2007 Re: Martingale Madness............. Bet 11 Tennis Henman v Moya MOYA £8.70 @ 1.95 to win £8.27 LOSER - HENMAN WON 13-11 :wall Bets: 11 Won: 3 Lost: 7 Push: 1 Profit / Loss: -13.09 Bank 86.91 What a pathetic strike rate............. Quote Link to comment Share on other sites More sharing options...
aldric Posted June 26, 2007 Author Share Posted June 26, 2007 Re: Martingale Madness............. Bet 12 Cricket - Twenty20 cup Kent v Sussex KENT £25.00 @ 1.80 to win £20.00 Quote Link to comment Share on other sites More sharing options...
aldric Posted June 26, 2007 Author Share Posted June 26, 2007 Re: Martingale Madness............. Bet 12 Cricket - Twenty20 cup Kent v Sussex KENT £25.00 @ 1.80 to win £20.00 LOSER - SUSSEX win with almost 3 overs to spare. :wall Mainly due to this guy: Runs Balls 4s 6s Wright b Arafat103 45116 No more bets for me, I give up - lol. Quote Link to comment Share on other sites More sharing options...
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