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Sawyer
FoxDen Hall of Famer

Registered: Jan 2008
Posts: 7093
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Mozart,
PIT +145 WIN 4-3 Record: 1-0, +1.45
NYR +108 LOST 2-3
TAM +105 WIN 5-1
DAL +110 WIN 2-1 Record: 3-1, +2.6 Units
DAL +165 LOST 5-2 Record: 3-2, +1.6 Units
MON +105 WIN 5-1 Record: 4-2, +2.65 Units
PHO +121 LOST 1-2
TAM +148 LOST 5-6 Record: 4-4, +0.65 Units
VAN +115 LOST 4-5 Record: 4-5, -0.35 Units
We had 9 plays so far this season. If we had picked +1.5 in every game, we would have only one loss. But it's only after 9 plays. Over 100-200 plays, these numbers may be different.
+1.5 PL may look sexy but over the long haul, profit may decrease dramatically since juice is high.
For example, NJ+1.5 is -295, PHO+1.5 -235 and WIN+1.5 is -165 today.
So +1.5 gives high win rate but short odds..On the other side, ML offers low win rate but high odds. Have to look thru previous season's Iron Dogs thread to find an answer.
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10-13-11 04:00 PM |
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Mozart

Registered: Oct 2011
Posts: 26
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Yes, PL +1.5 is a great way to go!
Sawyer --
Yes, I love the PL plays on your Iron Dogs, man!
Yesterday, due to the sheer size of the number of Iron Dog plays (5 dogs), I went with a two-teamer, 5-bet round-robin parlay with $50 each bet.
Total bets were 10 bets, so that was $500 at risk. The return was a bit over $600, which was six units, far more than the bit over two units that I won with the main ML bets.
I also threw $50 on a straight-up parlay as a test and it paid out $312 -- that's a bit over three units.
So I won:
ML bets -- 2 units, plus a bit.
RR parlay -- 6 units, plus a bit.
5-teamer parlay -- 3 units, plus a bit.
Nice start for me!
This particular RR parlay was the first one that I had 100% of the teams win. Nice!
I think that your Iron Dogs are so competitive that the odds are VERY good that over the season, that above 80% of them will win the PL +1.5 plays with many of the daily straight-up PL +1.5 parlay plays also winning.
I can't thank you enough, Sawyer, for giving me a ray of light that I badly needed -- not to mention others.
So please do keep on posting your Iron Dogs and keep on doing your formula for finding those Iron Dogs that are very competitive and please don't dilute the strength of the Iron Dogs by incorporating weak dogs.
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10-14-11 05:32 PM |
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Mozart

Registered: Oct 2011
Posts: 26
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Correction
In my RR parlay that I posted about in my previous post, the total return was a bit over $1,100 for a yield of a bit over $600 in profit.
The rest of the winnings was getting my parlay bets back, of course.
With the extremely-high-juice RR parlays, 100% wins pay out very nicely; one loss (out of 3 to 6 teams) will cut profit margins massively, creating small profits to decent profits, depending on how many teams that you have on the RR play.
Two losses could either induce wipe-out losses, break-even money or very small profits.
Your margin of error (losses) is very small -- keep that in mind.
So when you start out with the parlay strategies, keep in mind that you have to win a high percentage of the bets to make the RR bets pay off.
Start out with .25 to .50 units per bet on the RR parlays... as you win the parlays, you can add to the parlay betting until you reach your standard unit sizes for the RR parlay bets.
Same thing with the straight-up parlay bets -- start out small, then build up your bets as you accumulate your parlay money. You'll be surprised at how many of those straight-up parlay bets would win based on the Iron Dogs.
I can't thank Sawyer enough for his Iron Dogs!
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10-14-11 05:57 PM |
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