Thread: MadnessDaily 2
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Old 14-05-2008, 15:32   #1 (permalink)
madnesstiger
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Join Date: 14 Sep 2006
Location: Mansfield, UK
Age: 26
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Default MadnessDaily 2

MADNESS DAILY 2

Predesessor: MadnessDaily


The original 'MadnessDaily' was based on a Martingale staking method, aiming to 'win'x% profit per bet, using a number of 'recovery bets' dependant on the bets placed. This system was superceded by '100% Madness' which went on to do really well, before a BIG bout of bad luck made it's appearance! However, before my PL days, I enjoyed fairly decent success with this method of staking and cannot see why I shouldn't give it another go... only this time with a few 'tweaks'!

The original thread was mainly full of 'backing' bets, and usually gave me 3 attempts to find a winner at odds of ~1.45 to achieve a 3% profit after every winner. Although this was usually consistent enough, there WERE times when the final recovery bet came into play and should 3 losers come along at once, then it meant 'game over'.

With this new attempt, I've added the following rules:
  • Strictly 'lay' bets only
  • Target will be set at 5% increase of bankroll per winning bet
  • Lay odds to be no higher than 1.83
  • Starting Bank will be £50.00
The reasoning behind these rules I hear you say?!...
  • Laying a selection usually gives slightly better odds than backing the opposite outcome.
  • I would rather lay a football team at 1.83, than pick a winner at 2.20. This way I have 2 chances of winning rather than just the 1.
  • I get 5 chances to find a winner at these settings as opposed to just 3 in the original thread.
  • The bank could be doubled after just 15 winners.
Other than that... it's all the way


I may make a spreadsheet available for this method should anyone request a copy. Although, it will be very similar to that found in the original thread (link above).


MT
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