You keep making me look good, dude!
When a session ends, I, too, start a new one right away. None of that end-of-day stuff for me.
BTW, nice hit @ 9/1 on your big bet.
Pretty cool.
This wagering strategy, unlike most of the ones I've developed, does not actually change your advantage or optimum bet. But it sure as heck gets you back in the game in a hurry.
The most interesting part is the session-by-session stuff.
What I determined was that I win around 70% of my sessions. When I win, my average profit is around $370.
When I lose, the average loss is around $260.
So, if I turn it into a $2 bet, it looks like this...
Since the average loss is only $260, think of it as if I am only risking $260.
Yest, when I win, I get back $370, which raises the odds to 1.42/1.
Think of each session as a single bet.
Thus, I win 70% of my "bets" at 7/5, which results in a $net of $3.36!!!!
That's a 59% advantage.
Since...
Optimum bet = Advantage / Odds
OptBet%=59%/1.40= 42% of bankroll!
Way too much to bet.
MORE IMPORTANT...
What session win% is necessary to break even?
$2.00 / $4.80 = 41.7%
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