I've been handicapping for over 20 years and my strength has always been that I am very selective in my plays. I usually narrow down each day's card to what I feel is the single strongest play on the board. But on occasion, I've been known to pound two plays on the same day. It is on this basis that I created the 10 Bets per Week Plan.
My 10 Bets per Week Plan does not mean I bet exactly 10 games each week. Most weeks I don't reach my max of 10 plays, but 10 plays is the absolute most action I will have in any given week (spanning from Monday to Sunday). As selective as I am, I have found over the years that a 10 play max works extremely well for me. It helps keep me disciplined, and governs the occasional urge we all have to go a little crazy.
How does my 10 Bets per Week Plan benefit those betting along with me? First, this method helps the many of you who do not have an exclusive sports betting bankroll set aside. Without a clear cut bankroll, it is very easy to bet more than you can really afford to lose. With my plan, you know ahead of time that you won't get more than 10 plays from me in any given week.
So let's say you know you can afford to lose $500 this week. $500 divided by 10 plays max equals $50. So you know you can bet $50 on each of my plays and you will not lose more than your $500 even if I manage to go 0-10 (which has never happened!). Each week you can re-set your max weekly loss by resetting your bets on each game. My plan prevents you from being taken out of the action by the inevitable losing streaks that cannot be avoided.
Let's take a long-term look at what this plan can produce over a year's time. 10 max plays per week times 52 weeks per year equals a max of 520 plays per year. Let's say I win 58% of those 520 plays. That comes to a record of 302-218. A $100 player would win $30,200 and, based on risking $110, would lose $23,980. That leaves a gross profit of $6,220. A nickel player would clear $31,100 and a dime player would bag $62,200.
My 10 Bets per Week Plan has helped me beat the books for the last two-plus decades. It helps me stay very disciplined from both a money management and play selectivity perspective - and it can do the same for you.
Remember, Dwayne is part of the Flex Access Program - long term discounts without a long term commitment > http://tinyurl.com/m84dla
Keep up the solid work DB!
Thanks, Joe. We've actually had 8 straight winning weeks, but who's counting? :-)
I keep this on my computer to read every so often, like a lot of the stuff I have and thought this was a good time to refer to this.
I've followed you for a good while now & have done really well.
More recently, since mid-April I've bet your plays according to the units you suggest. I know I've had at least 6 winnings weeks in a row and you're on one of those streaks like you had in the winter.
Good job, DB
keep the picks going
A key to consider is whether the player has a true bankroll (most don't) or float along with a general sense of how much they could lose before quiting (more common). All the typical theory is not applicable for the 2nd group - and that group can benefit most from Dwayne's 10 bet a week plan.
I would have to disagree that BR managemant is near impossible when uploading plays throughout the day .I personally think it's more benificial for risk management . Take a NFL sunday for example i bet a dime a game so for me to bet all the games i like is a little risky because most are at 1 time slot so i tend to be a little more selective . But you take Ncaa saturday whether bb of FB and the start times are scattered throughout the day and you can get a read on your card and bet the latter games accordingly.If you have a awfull start you are not committed to betting the same denomination , maybe you drop your risk a unit or likewise if you have a great start maybe you put an extra unit on a game . All i can say is if NFL was played at 10 different start times it would be the greatest thing for me in terms of betting .
Bankroll Management might be near impossible if your working with a Capper who uploads plays throughout the day, With no given set amount of plays. But the bottomline is money management is easy if your winning.
Especially if you're winning like Dwayne.
bankroll management is definitely the hardest thing to do in the business. You must be disciplined, this looks like a good approach to do just that.
Guys don't pay attention enough to bankroll management. Remember, the only way to lose with a winning bettor is to quit betting him - and the most common reason to quit is going busto.
Good point that most bettors don't have true seperate bankrolls.