VLS' flat betting framework

[VLS]

This is a flat betting framework to be used as a reference for flat-betting methodologies which comply with it.
The framework comprises the following:

- Aimed at betting cycles.
Regardless of the duration of the cycle, no further bets are placed after the culmination of the length of a cycle.

- Betting ends on every break even or positive.
The cycle is stopped and a new one is started when there is ANY amount in the positive or a return to the initial amount after a hit.

- Aimed to win at the averages.
Each cycle is independent and losses are never carried.
Main goal being to attain the net sum of all positive cycles to overcome the net sum of negative cycles.

- Uses the max. drawdown approach to determine the session bank.
A maximum amount of drawdown from the highest point is fixed as the bankroll to risk for the current session.
Shall next bet go past this maximum drawdown, the session is stopped and any amount in the positive is saved ââ,¬Å"for the averageââ,¬Â.

Example: bankroll is 200 units. Current balance is 275. If next bet will drop the balance to less than 75 units, then the session is finished.

- Past numbers can be reused.
Not mandatory, but if the method demands it, past numbers can be reused to find a betting opportunity and start a new cycle. Reused numbers are substracted from the new cycle.

Example: If the cycle is 37-spin long and 14 past spins were reused, now the maximum amount of fresh spins the new cycle can last active is 37: - 14 = 23 spins.

- A special clause: by the 10:1 rule, the reset point is decremented in -1 per every 10 units of drawdown.

I.e. high point being 360, a drawdown of 30 units is incurred into, reset point is substracted 30 / 10 = -3 units, so 360 ââ,¬â€œ 3 = reset point decremented to 357 now.

This is there as a ââ,¬Å"bankroll saverââ,¬Â from those instances where only a few units are left to recoup, to prevent a bigger drawdown .

[esoito]

Great post!

I'm amazed there's not been more response to this little gem.

Thanks, Victor.

[VLS]

Thanks for the appreciation dear Esoito.

This very framework goes into the flat-betting tipping service & bot.

Regards.

[albalaha]

Dear Victor,
               great job. I have a single number system which is based upon very sound concepts and needs no progression. I am testing the method. hopefully, I would contribute it very soon for the benefit of all forum members.

[VLS]

I am testing the method. hopefully, I would contribute it very soon for the benefit of all forum members.

Me and the forum sure will be looking forward to learning it Albalaha

Thanks in advance!