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Old 02-22-2006, 06:04 AM
jmillerdls jmillerdls is offline
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Join Date: Jul 2005
Posts: 1,704
Default When can you be confident that you are a winner?

How many picks? For the first time, i've been keeping track of all my pics this year (without betting actual money on them). I want to know at what point I can be comfortable investing my hard earned dollars on this and expect to come out on top in the long run. 200 picks...500, 1000?

Here are my rudimentary numbers from excel:



I do mostly money lines, but I always flat bet 1% of my bankroll (which I have kept a constant $110 unit). If I was doing this with real money, I would adjust my unit when my bankroll has grown 20%, and never adjust when my bankroll is down.

Because of my flat betting (the same $110 unit whether betting on the favorite, or underdog), and my most common bet being the moneyline underdog, I don't expect my winning percentage to be as high as others, I just simply expect to keep a good Return on Investment.

So, what is the generally accepted amount of picks to feel confident you are a winner?

Oh, and if anyone has any other stats I should be tracking in Excel, let me know...I just threw that all together.
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