Sports Betting Made Simple: MONDAY: $392.20 BET ON THE TAMPA BAY RAYS -135 OVER THE NEW YORK YANKEES

Monday, July 2, 2012

MONDAY: $392.20 BET ON THE TAMPA BAY RAYS -135 OVER THE NEW YORK YANKEES

I continue to fade the Langster.

After winning Sunday, my Labby Line today is X - X - 10 - 10 - 19.05 - X - X so I will be betting to win 10 + 19.05 or betting to win 29.05 dimes. My bet is $392.20 on the Tampa Bay Rays-135 over the Yankees to win $290.50 or 29.05 dimes.

If I win that bet, I will close out my first Labby Line here with a profit. Tuesday I will start a new Labby Line of 10 - 10 - 10 - 10 (I will be betting to win 20 dimes tomorrow)

If I lose today's bet my Labby Line for tomorrow will be: X - X - 10 - 10 - 19.05 - X - X - 39.22

What is a Labby Line?

RECAP/UPDATE:

Tampa Bay beats the Yankees 4-3

Starting Balance at June 26, 2012 - $10,000
Profit or Loss Today - Profit of $290.50
Profit or Loss Since Starting This Fund on June 26, 2012 - Profit of $299.87
Balance at end of day. July 2, 2012 -$10,299.87

LABBY LINE HISTORY:

FIRST LABBY LINE CLOSED: X - X - X - 10 - X - X - X for profit of $299.87 or 29.987 dimes

10 comments:

ShaneelJuly 2, 2012 at 1:02 PM
hey i have a question, how and when will you decide to increase your bet size? after each line is finished? or what thanks
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BloggerJuly 2, 2012 at 1:13 PM
Shaneel: If I lose my bets will go up until I close out a Labby Line. Then I start a new one but I will up my initial bet as I win. So if I win a couple Labby Lines my line will go from 10 - 10 - 10 -10 to like 11 - 11 - 11 - 11. So as soon as my balance goes from $10,000 to $11,000 my Labby Line will go to 11 - 11 - 11 -11.
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jlee985July 2, 2012 at 1:54 PM
I'm getting back into sports betting with you again Blogger! Lets go Rays!
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BloggerJuly 2, 2012 at 2:09 PM
GoFalcons! Just use good money management! and good luck!
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jlee985July 2, 2012 at 2:35 PM
Ya following your guidelines this time. Not the 30% we talked about months ago :P
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BloggerJuly 2, 2012 at 3:00 PM
GoFalcons: Its tougher now, that is why I am using the Labby Line. Late last year was just a real fluke how bad Lang was. Using 30% might of worked then.
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jlee985July 2, 2012 at 3:09 PM
Ya fair enough. I like the way you utilize bankroll management and for the most part do 1 game a day. I'm along for the ride. Good luck!!!!
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BloggerJuly 2, 2012 at 3:13 PM
I have won like six Labby Lines in a row. I did not want to post again till I found something that worked. Good luck!
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ShaneelJuly 2, 2012 at 8:38 PM
is that true in labby line you only need to win about 33% to break even?
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BloggerJuly 2, 2012 at 11:27 PM
Shaneel: I am not sure but for a handicapper like Lang I do know it works. I have not lost a Labby Line yet fading Lang. All I can tell you is the Labby Line is the perfect money management system now for fading Lang. I was skeptical at first, but I am a believer now. All I can tell you is that its a beautiful thing. Tomorrow I start a new Labby Line!
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Welcome. I hope you are having a great day!

This is an informational blog for Nevada residents only. Please feel free to make comments. If you think I am full of it, tell me! I hope this blog is helpful and entertaining and even possibly profitable to you. I will never tell you to bet a hockey game! Can I tell you the secret to sports betting in two words? Money management. One thing I know for sure, you are here and you are reading this. You are a winner!

My rules for sports betting:

As you win, your bets per dime should go up. As you lose, your bets per dime will go down. This automatically adjusts for runs or streaks. You should bet more when you are winning and bet less when you are losing. This rule does not apply to Labby Lines.

ALWAYS get the best line. Shop Around. Get up early. Have multiple outs. This is critical to long-term success, you have to do the work. Never play at a sports book which is known for not paying winners, make sure your sports book is not on the Black List. For grading purposes, we will grade all plays as what is most available to players. So don't be surprised if I change the line during the day for grading purposes, IF the line goes against me.

Use 1,000 dimes. Have the biggest bankroll you can put together. Most of the money you can just keep in the bank. But it has to be there to withstand any severe downturn. This is money you can afford to lose.

Never pay for a pick or bet based on what a paid tout says. You know I am giving you my best opinion, because I am not selling you anything! Help your hungry neighbor if you want to give money to someone. You need to have a filtering process to beat the vig. You got to win more than you lose.

If you ever get the urge to bet on a hockey game, lay down till the urge passes.

If you hit a winning streak and get ahead a lot, consider taking your original bankroll off the table and playing with just the profits. As night follows day, a good winning streak can be followed by a bad one.

Watch for fishy lines in college basketball in small leagues, such as the Horizon League. If several casinos have this off the board and the line moves so that it crosses zero stay off the game or consider betting which way the money is flowing. It may turn into a very entertaining game to watch in the last two minutes.

Don't bet the board. Be very selective. Surround and pound! Scared money is no money. Less is more!

Don't do parlays. Bet one game at a time. Parlays are for losers. Never bet on a hockey game.

You can do teasers, but be very selective.

When you get burned out on gambling or don't feel you are up to your best game, take a few weeks or months off. Enjoy the profits. Travel the world or do something different. Life is short.

Football rule - Tattoo this rule on your arm: Buy the half point (the hook) either up or down depending whether you are on the favorite or the underdog when the line crosses 3, 4 or 7 and sometimes 10.

In the NFL, skip the game or play the other side when a home team opens up at -2 1/2.

Bet the favorites early and underdogs late, especially in a game that is getting a lot of action. Generally the public will be all over the favorite, driving up the price.

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