Tuesday, September 7, 2010

An example of the importance of money management

Today I released two 5 inning baseball underdog plays (see analyses below). We went 1W-1L, so $100 bettors were up $25 for the day. I'll take a plus money day anytime. We won the Houston game and lost the Chicago White Sox game.


The point I want to make is that our pitcher for the Chicago White Sox, Freddy Garcia, left the game after two innings due to a sore back. This is the kind of thing that can make the best and most thorough analysis go right out the window.

The lesson to be learned is always flat bet the same amount of money on EVERY game regardless of how strongly you feel about a play. Forget5 Star bets, game of the week and all that nonsense because anything can happen.

When you flat bet a specific amount on each play you can weather an unfortunate occurance or a losing streak. Think of this as long term sports investing rather than betting.



Good Morning,
Today we have two plays.

1. Houston Astros vs Chicago Cubs - Here we have two teams that are fighting for respect. Both of them have been playing fairly well lately. What we really like is the pitching match up. Our guy, Nelson Figueroa has been excellent. He is a part time reliever/part time starter. In sixty innings of work this year he has only given up 21 runs. Carlos Silva of the Cubs had a great start this season, but has not pitched since August 1st He was sidelined due to minor heart surgery. In his last seven innings, he has given up 14 runs. The take back will be +125 or so.

2. Chicago White Sox vs Detroit Tigers - Both pitchers have been consistent recently. What is really attractive about this game is the take back that will come in at around +145 to +150. The White Sox have won 7 games in a row and are only 3 1/2 games out of first place. They have momentum and incentive. Detroit on the other hand has lost two in a row and they are out of contention. This line is simply out of wack.


All Baseball Plays - 1st 5 inning money lines
All Football Plays - 1st half money lines

Tally based on risking $100 per play
Month to Date Results - 4W-3L +$281

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