I recently came across an interesting method of betting which uses the famous dutch book betting method in a different way.
Say you were in a losing streak like 5 losses in a row you would be down quite a lot however using this method if your 6th bet won you would be up the amount you set before the first bet.
Lets say you want to make $100 every winner you back despite the losses in between each winning bet that occur.
Your first bet is paying $5.00 , you would divide $100 with the price - 1 ($5-1=4) which equals $25 if the bet wins you would collect $125 , a profit of $100.
However if it lost you would be $25 down , you would then add that $25 to the set target of $100 and divide by the price of your next selection lets say $3.00 ($125 divide $3-1=2) a bet of $62.50 would be needed if it succeeds you end up with $187.50 a profit of $100 ($62.50 plus the first loss of $25 = $87.50).
If it losses you add the two losses together with $100 and divide by the price of next selection - 1 , and so on.
In theory it sounds quite profitable especially if you are a decent punter with a good bank to back you up in case of losing streaks.
another theory is to use with place bets instead although this would require a much larger bank.
I would be interested to know if anyone has come across this or even used it before.

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Good luck and good punting.

And remember a profit a day keeps the Girlfriend/Wife away.