Sunday, July 22, 2012

SUNDAY: $264 ON THE LA ANGELS -110 OVER THE TEXAS RANGERS



I continue to fade Lang using the Labby Line.

After winning my last bet on yesterday, I closed another Labby Line. My Labby Line today is 12 - 12 - 12 - 12 as my bankroll is now more than $12,000. Today I am betting to win 12 + 12 or 24 dimes or $240. My bet is $264  on the LA Angels -110 over the Texas Rangers to win $240 or 24 dimes.

If I win that bet, my Labby Line on Monday will be X - 12 - 12 - X

If I lose today's bet my Labby Line for tomorrow will be 12 - 12 - 12 - 12 - 26.4.

RECAP/UPDATE:

FINAL: LA Angels 7 Texas Rangers 4

One dime is always equal to  $10 (starting fund of $10,000/1,000 dimes)
Starting Balance at June 26, 2012 - $10,000
Profit or Loss Today: Profit of $240
Profit or Loss Since Starting This Fund on June 26, 2012 - Profit of $2,560
Balance at end of day. July 22, 2012: $12,560

LABBY LINE HISTORY FROM JUNE 26, 2012 THROUGH JULY 22, 2012:
LABBY LINE #1 CLOSED: X - X - X - 10 - X - X - X for profit of $300 or 30 dimes
LABBY LINE #2 CLOSED X - X - X - X - X - X for profit of $400 or 40 dimes
LABBY LINE #3 CLOSED  X - X - 10 - X - X. for profit of $300 or 30 dimes
LABBY LINE #4 CLOSED  X - X - X - X for profit of $440 or 44 dimes
LABBY LINE #5 CLOSED  X - X - X - X for profit of $440 or 44 dimes
LABBY LINE #6 CLOSED  X - X - X - X for profit of $440 or 44 dimes
CURRENT LABBY LINE X - 12 - 12 -  X for profit of $240 or 24 dimes so far

6 comments:

  1. i was calculating, we're going to be increasing our bets by $20 for sometime now until our numbers get really high...

    also blogger, i asked you 2 days back about your highest bet. so at that time you were betting almost 10K or more on each game... dont you feel bored or lazy when you bet to win $240 or something? it takes patience!

    I cant wait till we get to that point!

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  2. No. The thing is its hard to bet big on baseball games but football is much easier to bet big bucks on. My thing now is not to lose money. I think you have to be patient but we will see some results! Good luck.

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  3. If I ever lose all my accumulated profits from all my Labby Lines, I would then shut down that Labby Line.

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  4. ok so now it looks like youve won 232 dimes on closed lines so far.

    right now the line looks like

    12-12-12-12

    lets assume lang gets on a winning streak and how long will our line last.

    12-12-12-12-26-38-55-67-73?

    so if lang wins 5 in a row your gone with the profits?? there should be better way to recoup the losses.

    I dont know if i did it right

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  5. So I brought this up in a forum that does the labby line and follows Lang that you guys might use as well, but this is the response I got:

    "There really is no rule as to when to stop a labby line if a prolonged losing streak is incurred. A person is free to stop a line and start a new one whenever they feel like it. I guess one could set up a rule that after so many losses in a row they would stop, accept the loss of that line, move on and start a new line.

    The worst losing streak a Fader has had to deal with this year from Lang is 5 games, he did it once. Two other times he's won 4 in a row. I believe the best I have ever seen from him over the years is a 7 game winning streak.

    I personally would ride out a Lang winning streak because he's more likely to lose 10 in a row than win 10 in a row. Lang and long winning streaks are a very rare thing."

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  6. GoFalcons: Thanks for the information. Lang is 91-129-5 this year. Taking out the ties, he is 91/220 or a 43.36% handicapper for the year. I personally am willing to risk all my Labby Line profits on my current Labby Line. At worst I will lose all my profits, but I just don't see that happening. Good luck!

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