PerryB's Improved Pass Line betting has been doing extremely well. Here is an update on the betting results
Total for the week of Nov.26-07 to Dec.2-07: +13 units (W 58 - L 45)
Since Jan.29-07: +225 units (W 2,899 - L 2,674) = +52.01 % out of 5,573 actual-bets.
Although my stop-win and stop-loss limits for each 2-table betting session were based on current combined-totals from BOTH tables, I began keeping IPL betting results for individual-tables only since Feb.12-07, and they are as follows:
From Feb.12-07 to Dec.2-07, IPL betting results for Table #1: +81 units
(W 1,407 - L 1,326 = +51.5%)
From Feb.12-07 to Dec.2-07, IPL betting results for Table #2: +126 units
(W 1,375 - L 1,249 = +52.4%)
From Feb.12-07 to Dec.2-07, IPL betting results for Table #1 + Table #2 = +207 units
(W 2,782 - L 2,575 = +51.93% out of 5,357 actual-bets.)
Perry has a few suggestions on how to even better manage your money:
"My ongoing IPL betting has resulted in me implementing some very good "rules" into my daily play that can make anyone a better player in the long run.
Here are a few guidelines and examples concerning the distribution of Wins (W) and Losses (L) that may enable many of you to improve your very own betting results - at ANY game. Although the main goal is to have a higher actual-bet win-ratio (more wins than losses), you will notice that quite a few include breaking-even. (It is very important to keep in mind that if "the best loss is a small loss", then breaking-even is no loss at all.):
My basic stop-win scenario: [+3 > -1]:
W-W-W-L: Stop-win (+2) or, W-W-W-W-W-L: Stop-win (+4)
Other [3W / 1L] distributions:
W-L-W-W: Stop-win (+2)
W-W-L-W: Stop-win (+2)
L-W-W-W: Stop-win (+2), or make ONLY 1 more (losing) bet [+3 > -1]
All (break-even) combinations of 2W and 2L:
W-W-L-L: Stop (+0)
L-L-W-W: Stop (+0)
L-W-L-W: Stop (+0)
W-L-W-L: Stop (+0)
All (break-even) combinations of 3L and 3W, such as:
L-L-L-W-W-W: Stop (+0)
L-L-W-L-W-W: Stop (+0)
All (break-even) combinations of 4L and 4W, such as:
L-L-L-W-W-L-W-W: Stop (+0)
L-L-W-L-L-W-W-W: Stop (+0)
L-W-L-L-W-L-W-W-W: Stop (+0)
L-L-L-L-L: Stop (-5)
L-L-W-L-L-W-L-L-L: Stop (-5)
W-L-L-L-W-L-L-L-L: Stop (-5)
L-L-L-L-[W-L-W-W] (3W / 1L) : Stop (-2)
L-L-L-[W-L-W-W] (3W / 1L) : Stop (-1)
L-L-L-[L-W-W-W] (3W / 1L) : Stop (-1)
I am certain that applying these guidelines will give many of you much better chances to end up winners."
Here are some FAQ answered by Perry:
Q. What is the recommended flat bet bank roll for IPL?
A. I recommend a security-bankroll of 30 - 50 units per table. While I started out with a bankroll of only 50 units, and designated a 2-table (combined) stop-loss limit of only -5 units per day, please be advised that I have never formalized any stop-win and stop-loss limits for 1-table betting. However, a stop-loss limit not more than -3 or -4 units per table should be quite reasonable - with the clear understanding that the same "rules" must apply all the time.
Q. What is the worst draw down you have encountered in live or paper testing?
A. Playing within the stop-loss parameters of not more than -5 units per day, the worst (2-table) week that I encountered was -14 units. (When I examined the individual performances of IPL betting at both tables, the worst runs were -24 flat-bets on Table #1, and -21 on Table #2.)
Q. If there are 20 decisions per hour at your average craps table, how many of those decisions would you actually bet on?
A. Although it sometimes varies, the game will usually generate about 6 - 10 betting triggers per hour, per table.
Q. Out of the 5300 decisions you played, how many rolls would you say that represents in terms of tracking and betting?
A. I would be just guessing at somewhere around 250,000+ rolls.
Q. Can you simulate your approach on a computer?
A. I'm sure that it's possible, but only if you program the computer-simulation to stop betting at the appropriate stop-win and stop-loss limits. (Otherwise it wouldn't be any better than testing against a never-ending database.)
Q. Depending on your bet triggers, why not bet the DP at times when the opposite scenario presents itself to your PL trigger?
A. Of course, betting on "the opposite scenario" could always be done. But that is entirely another bet selection, and would require another bankroll - designated only to DP bets.
Q. If you have a flat bet advantage, then any progression will work in the long run. Would a mild flat bet negative progression with 4-5 tiers consisting of 5-7 bets each with tiers of (1,1.5,2.3,3.5,5, etc) with some simple rules to get you out of recovery work on this bet approach?
A. I have paper-tested a 25-bet (55-unit) betting progression with some very optimistic results. Although this progression would have to be played continuously (from day to day,) actual-bets were only placed within the stop-win and stop-loss parameters that were used for 2 tables.
Q. How many consecutive losers do you usually see and what was the worst so far? If you are looking at 48% losers, it seems to me you could easily see 10 consecutive losers and draw downs in the 15-20 range.
A. There is no limit to how many times any even-money bet can lose. That is why I've always kept my losses very low (-5 bets per day.) Playing at both tables, I never really had any serious problems with loss-recovery using only flat-bets.
Q. Do you believe you have a bet advantage outside of your money management rules?
A. If the IPL bet-selection were to be played every time out, although it may well come out ahead in the long run, I am quite certain that it would not perform as well as it does when a sound money-management plan is applied.
IPL - Improved Pass Line Betting is the addendum you receive on the purchase of PerryB's Winning at Craps system, which is a pure flat bet system. For the low price of only $150 U.S, it is highly recommended.
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