MadnessDaily

[madnesstiger]

Hi All, My 2nd system on PL. It is one that I have used before and made a great return on investment. I genuinely turned £40 into £600 for my holiday 2 years ago, it just requires patience, discipline, and more patience! Warning: It IS based on a Martingale staking theory, if that has scared you off, then read no more.. if not, here goes:

• For this example, we'll start with a bankroll of £100.
• The aim is to win a set % profit each day, in this example I will use 5%
• Decimal odds are used for ease of calculations.

OK, starting with £100, we find any bet offering odds of around 1.57 and which we think are worth the value. We stake £8.77 on this outcome in order to win £5. If this wins, we have made our 5% for the day, and move on to day 2. If it loses, we find another bet with odds of, say, 1.57 and stake £24.16. If it wins, we win back our lost stakes, and male the £5 profit required for that day. If the 2nd bet loses, we have a 3rd attempt to win, also at odds of 1.57, this time staking £66.54. Again, if it wins, we end up making our daily profit of 5%, if it loses, thats where the story ends I'm afraid! If we do get a winner, we move onto day 2 with our bankroll now at £105. Our 5% daily requirement is now a little more than the previous day, it is £5.25. From here we carry on as above. We only require 1 win out of 3, and if we win we move on. Systems I've seen which are similar say not to bet again on that day.. but I say why not! All you are doing is reverting back to attempt 1 but with a higher bankroll, it makes no difference what day it is! Using the example above, and assuming you make 5% per day, £100 becomes:

• £500 in 33 days
• £1000 in 48 days
• £5000 in 81 days
• £20000 in 109 days
• £1,000,000 in 189 days!! (6.5 months)

The above is just an example. What I have created in Excel (and what I higly recommend) is a calculator which tells me how much to stake to make my daily percentage, and takes into account any 'lost stakes'. I also have a chart which shows:

• Along the top: No. of Attempts
• Down the left: Required Percentage

This chart is then filled with which odds can be used to satisfy the requirements of the user. For Example: To give yourself 2 attemps at winning 2%, you may use odds of just 1.17 To give yourself 5 attempts at winning 4%, you may use odds of 2.09 (this may be going for the 'underdog' in under/over 2.5 in a soccer match, requiring just 1 win out of 5!) I am presently using 3 attempts at 4% (odds of 1.51). I have been using this since 28th December 07, without a losing day (so far!). The following points may be considered to make the system suit your need more:

• The lower the required %, the lower the odds, but a smaller payout.
• The higher the required %, the quicker you reach a high bankroll, but with more risk.
• Try minimising bets to Asian Handicap bets, or other 2-selection bets (i.e. tennis matches, over/under) as these only have 2 outcomes as opposed to 3 outcomes in football matches (home/away/draw)
• Betfair (or similar) is good for this style of system, as you can often get better odds than bookies.
• You can split your daily perecent requirement into 2. For example, say you are going for 5% per day. You could, instead, go for 2 wins of 2.5% - this way the odds are lower, but obviously you require 2 wins instead of one!
• If you are able to use spreadsheets, make a calculator to help with your stakes. (If needs be, I can give you the formulas to use and in which cells).
• Make a simple chart which forecasts what your initial bankroll will turn into, after 'x' amount of days, taking into accout your daily % requirement.

There you go.. it wasn't that easy trying to explain, but hope you get the idea. I will endeavour to get the charts up one here, showing which odds you can use depending on your Target Daily % and No of Attempts. Can anyone help me out with with this? Cheers guys... and good luck ;) LATEST UPDATE OF SPREADSHEET February 10th 2008 http://myfreefilehosting.com/f/6fdf724baa_0.12MB For instructions, see POST #27

[aliando]

Re: MadnessDaily good luck mate!