The Harsh Reality of Sports Betting, And My Plan of Action.

The harsh reality of sports betting; hot streaks and cold streaks - or more so, hitting a wall and going through regression. My plan of action to reduce this was already explained in the previous post, but now I have real numbers to work with.

As many of you know, I hit the worst regression this week; losing two C3's and two C2's. It could of been worse, and I could of lost the TAM and OAK in a 3 game chase, at the same time, it could of been better and just went through losing the one official play which was LAD.

Losing these 4 series went from a 32% return to plummeting -24% return - a 56% loss out of those 4 series.

I started off hot going close to a 70% return, dropping to 17%, coming back up to a 32% and pacing well to all of the sudden hitting a brick wall and standing at -24%.

My plan now for the rest of the season is to reach a 20% ROI and call it quits. I'll still be giving out plays but once I reach that goal, I'm gonna be humble with having a profitable season (which I hope happens) and walk away with those gains.

I spent the last week backtracking how i've done in each sport that I bet and finally compiled the final numbers on the returns im looking for and WALKING AWAY once I reached these goals:

MLB: 25% (Using 1% of my BR on the RPI)
NCAAB: 25% ROI
NHL: 15% ROI
NBA: 10% ROI
NFL: 5% ROI
NCAAF: 5% ROI

TOTAL: 85% ROI

I'm hoping these numbers fall through together. Keep in mind those numbers for MLB are for next season.