Tuesday, April 13, 2010

"Conservative" (aka suicidal) sportsbook betting has been tumbling over a cliff lately, and 50x is suffering from yoyo-itis. C'mon, doggies...hunt!

Nothing to add on the Bodog front!

Until my bank's tired old pigeon drops my Pinnacle deposit in Taiwan (!!!), I plan to stick with bets that can't be fiddled.

Someone in Mohawk territory north of the border hit the blog within an hour of yesterday's post, so the folks up there obviously have a super-sensitive spiderweb to match that super-slick gaming site of theirs.

So, back to the 7-dog trial and the ongoing demise of tight-spread betting.

To be fair, the 50x rules set has not been doing brilliantly just lately, either.

At least it hasn't seen red ink in four months (since December 15, to be totally accurate).

Right now, we're at 58% of the best-win-to-date.

Interestingly, widening the spread to 100x would have us at a current profit of $78,000 or 94% of a best of $83,200 achieved on March 27, less than three weeks ago.

I have spent a high percentage of the words in this blog trying to persuade readers that spreading wide and target betting (no rude remarks, thank you) combined are the only recipe for long-term betting profitability, and the wide gap between 5x and 50x dramatically bears this out.

I will say yet again that trying to "preserve" or "protect" your bankroll in a downturn sounds oh so sensible until you do the math.

Then, like a soldier under siege, you learn that saving ammo in a firefight is a fatal mistake.

Games are under way, so here's today's info:

(No bets for Wednesday, April 14 - and Thursday's schedule is looking skimpy, so we may not start winning again until Friday!)

An important reminder: The only person likely to make money out of this blog is you, Dear Reader. There's nothing to buy, ever, and your soul is safe (from me, at least). Test my ideas and use them or don't. It's up to you.