How fickle the gods of gambling are. After a positive start to my Sunday with a lay of the Over 2.5 goals in the Chelsea - Bolton game (I love those pre-game odds-on Overs bets) my day got steadily worse.
I then lost all the winnings from the above bet when the Los Angeles Angels of Anaheim couldn't hold on to a lead, and market illiquidity meant that I was unable to lay my 'value' investment off.
I did admittedly make a small sum on the Utah Jazz - Los Angeles Lakers game, but lost that and much more on the San Antonio Spurs - New Orleans Hornets game when the Spurs just ran away with the game after half-time.
New strategy for the NBA play-offs - back the home team pre-game and go to bed. 14 of 15 conference semis have been won by the home team. Cue a win for the Boston Celtics tonight...
And finally a value bet in the late baseball game between the Minnesota Twins and the Boston Red Sox went pear shaped although the Red Sox did come within a hit of giving me a nice win. They do say it's a game of inches.
And so after twelve consecutive months of profitablity, I am now in the red for May but with 21 days to recover and maintain my streak.
But it does seem to me that there are times when everything you touch turns to gold, or at least green, and other times when nothing you do is right.
About Me
- Cassini
- I have had a life-long interest in sports and after studying Pure Mathematics with Statistics at secondary school, have been fascinated by odds and probability. The first system I came up with was a simple one - back the favourite and double up after a loss until a winner. Simple enough in theory, and I told my Dad about it. Not being a betting man himself, he ran it by some of his colleagues, and came home to tell me that it wouldn’t work because a long losing run would mean that the bank would be empty. Then there was always the possibility that the winner would be returned at odds-on, meaning that the total returns would not match the outlay. Not what a ten year old wants to hear! Only slightly daunted, I then went on a search for the Holy Grail, the secret to riches that I knew was out there somewhere. Finally in 2004 I stumbled across an article about Betting Exchanges and four years later I was able to make a steady profit.
In the first two games, it was the Hornets who thought everyone how to play championship winning ball.
ReplyDeleteThen in Game 3 & 4, SA Spurs were back to their usual self.
I wonder how would Game 5 end?
First thing is that Spurs are coming with a much better form. However they have never played in NO.
I'm pretty sure you might have your own thoughts about the game. Would love to hear them from you...
http://mundoalbiceleste.blogspot.com/2008/05/playoffs-news-manu-posts-15-spurs.html
What are your Saturday MLB opinions?
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ReplyDeleteWhere's my edge with casino gambling? I might as well throw my money down the toilet.
ReplyDelete