A bettor comes to you and asks what system could he/she play that could make $3-$5 per session with a $50 bankroll.  The system cannot use a progression.  The inside bet minimum is $1 and the outside bet minimum is $10.  The bettor sets a stoploss of -50% of the bankroll.

Is there a system this person can play?

I will first try out to solve the money management ...

We have 50 bankroll and split it into two sessions with 25 each.
That is because you want to try winning two session out of three, at least.

Now we have a 50% loss limit for our 25 unit session money.
That means we have 12 to play with and 1 minimum unit size.

If he or she would lose two in a row (sessions) then they would still would walk home with 26.
Now he or she can not get a total wipe out or get broke.

Now with 20% or 10 % win goal he or she would aim to win 1 or 2 units for each session using 12 units.

Well i see it to be very difficult with only 12 units to play inside numbers.
And that outside bets minimum size is to large.

Hey........Nice thought provoking challenge there Proof.......


I will have a think about this.


.....and I hope other fellows call in, and at least read the challenge, and then maybe throw there two penneth into the pot.


[smiley]aes/thumb.png[/smiley]

Quote from: NathanDetroit on September 16, 2013, 10:44:32 AM
We  are UNDERCAPITALZED and therefore  decline  to  play under those circumstances.




ND.

50 units is not a lot for playing inside numbers.

Anyway, I decided to give it a go with my hot numbers approach flat betting.

Play 1-3 numbers in very short games.

I was wanting to see how long it would take me to double the 50 units....

298 spins later and I reached 127 from the starting 50.

Unfortunately it did dip 10 units before the 50 unit bankroll. [smiley]aes/sad.png[/smiley]

But it's not like 50 units is going to be our lifetime bankroll and you just never know where you are going to enter the game regarding the variance for your chosen method.

Having a sound strategy to begin with and plenty of patience is half the battle.

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That looks good Bally6354.
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Well i see it to be very difficult with only 12 units to play inside
numbers.  And that outside bets minimum size is to large.--Sputnik

You could bet three doublestreets as an even chance bet.

@All: Remember corners, streets and splits are inside bets also.

Quote from: Proofreaders2000 on September 16, 2013, 05:01:41 AM
The bettor sets a stoploss of -50% of the bankroll.

If he shouldn't lose more than 25$, then the... "bankroll" is 25$. There is no point to specify a bankroll and at the same time specify a different "stop loss". They are the same thing.
To put it another way, even if his bankroll was 1 mil. if the stop loss is 25$ then he only has 25$ to play.

Ok, let me put it this way.  You have two
bankrolls of $25 just in case a session costs one bankroll.

I would advise him to bet latest 4 line bets with $6 each= $24.
hit and run.