| Newhavensoft forum »Newhavensoft.net forums » Odds Wizard » Profitting from odds wizard |
| 1. Trevwilsy - 06 August, 2006 - 22:04:09 |
| Hi i have been using odds wizard/stake wizard for the last few months now but have failed to make any real profits from value betting. One good point is i rarely lose money now which i see as a step in the right direction. I just wanted to start this thread for people to write about whether or not they have profited from the odds wizard software and how they did it. |
| 2. AmirD - 07 August, 2006 - 05:46:58 |
| Trevwilsy I find the advice from Alex to bet only on Z ave > 4% and to check the trends of team to be valid. I actually increased a fund from 1000 units to 14000 by using Odds Wizard with Stake Wizard 3, before fear of losing set in. The fund went from 1000 to 500 before it started to climb, so there is always a risk of losing a substantial amount of money. In a winning streak the increase is exponential. The season is on again, good luck to you all! |
| 3. Alex - 08 August, 2006 - 05:29:32 |
| That's right. As a matter of fact, Odds Wizard & Stake Wizard rather helps to stop wasting money in a blind betting. One can hardly get rich with it, because sportsbooks have an advantage over bettor even in the case of 'light' mistake. Look at the value of 'R ave' (in Stake Wizard tool) to have an idea of how many betting rounds are needed in average to achieve the target fund (by default x10 of initial bankroll). Mr. AmirD is absolutely right. Climbing to a high winnings is a hard task that takes (I believe) a lot of time, and may be coupled with temporary losses - just as topic 'Mathematical background' of Stake Wizard guide says. |