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The Weekly Betting Limit Strategy

Topic closed. 3 replies. Last post 6 years ago by taxijohn.

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United States
Member #9763
December 20, 2004
2267 Posts
Offline
Posted: September 30, 2010, 10:34 pm - IP Logged

The Weekly Betting Limit (WBL) Strategy

 

I am about to teach you a strategy that solves one of the biggest problems people have playing Pick 3; being on a tight budget and not having enough money to play.

The strategy I will teach you here will not tell you where to get the money to bet. Rather, it will show you how to make the most out of the few dollars you have to play.

The strategy is called the Weekly Betting Limit (WBL).

This is an excellent strategy for people who are on a tight budget but want to get the most by playing online where a Box hit pays $150 and a Straight Hit pays $900, assuming a $1 bet.

This is the strategy in a nutshell: take the amount you deposit into your online account and divide it by 4.

This is the maximum amount that you can bet in any 7 day period (Sunday thru Saturday).

So if you put in $100, the most you can bet in a week is $25.

Just make sure that all your bets are .25 or .50 cents and bet less than 10 numbers per week, and you will definitely be able to stay within this $25 limit.

This means that you will be able to play for 4 weeks with your one $100 deposit.

That is pretty amazing considering that most people go thru that in a week or two.

What happens if you are SURE that a number will hit but you want to stay within your $25 a week budget limit?

Simple solution; bet a maximum of $1 on the number (.50 cents Box/.50 Straight or $1 Straight) and then go down to the store and put another $1 or $2 on that number.

Just because you have money online does not mean you can’t bet offline; you can do BOTH, especially when you have a super hot number you are pretty sure will hit.

But be careful here; I have learned the hard way that there is NEVER a SURE thing in Pick 3.

By exerting some self discipline here and only betting $1 maximum on any ONE number you prevent yourself from “going crazy” and betting too much money on any one number. (This is how people who run these online betting websites make their money; people putting a lot of money on numbers they think will definitely hit - and then that number NOT hitting. See the article below: ***DANGER***.)

If you are sure that a particular number will hit, play it online for $1 max, and the rest at the store. (You can bet more on a hot number you like IF your Weekly Betting Limit is higher, say $200 or more, which means that your initial deposit would have to be 4X that or $800.) 

You will avoid going over your Weekly Betting Limit by being disciplined and only betting $1 maximum on any one number

Keep this in mind: the convenience of online betting is your best friend, but it can also be your worst enemy if you are not self disciplined.

You have to have strict controls in place or else you will see your money disappear fast.

In summary, here are the 3 controls that will maximize any deposit you make into your online account: (1) Divide your initial deposit by 4 and only bet that amount in any 7 day period (Sun thru Sat).

(2) Only bet a maximum of $1 online on any ONE number, no matter how sure you are that it will hit (unless your WBL is $200 or more, than you can bet more than a $1).

(3) In the case of a super hot number you are sure will hit, bet $1 on it online and then play it at the store to avoid going over your Weekly Betting Limit.

Notice that we are placing a limit on how much we can bet online but NOT on how much we can play at the store.

The reason for this is that is very easy to bet online but you will think twice about playing a number when you are taking cold hard cash out of your pocket to play a number.

There is more thought given to a number you play at the store than to a number you play online. (Read that again.)

That is why the limits are placed on how much we spend online, not on how much we spend at the store.

Follow these simple strategies, be disciplined in your approach to the game, and you will maximize every deposit you make into your online account.


    United States
    Member #9763
    December 20, 2004
    2267 Posts
    Offline
    Posted: September 30, 2010, 10:46 pm - IP Logged

    ***DANGER***

    The Danger of Betting Online 

    (In this article I will tell you WHY you must use the WBL strategy.)

    I want to write a few words about the big danger of betting online.

    I am not talking about getting ripped off or not being able to get your money (I never had any problem getting my money out of my online account after a win).

    The problem with betting online is that it is TOO EASY and CONVENIENT to place a bet.

    Normally, when you play the numbers you have to give some thought about what numbers to play and then walk down to the store and buy your ticket. You have to make the effort of going to the store even if it's raining or there is a snowstorm outside.

    Well, when you have an online account you don't have that problem.

    You see, when you have an online account, you can sit in front of your computer all day long playing numbers. You don't have to worry about bad weather; you just have to type in a few numbers and you are set.

    This is extremely dangerous!!

    Why?

    Because you can easily go thru $100s if not $1,000s of dollars doing this.

    The convenience of betting online can make you lose any money you win online. (Read that again)

    I speak from experience here; this is not theory.

    So you have to be extremely careful about having an online account; you have to plan your bets AHEAD of time and exert Self Discipline or else you will lose all your money.

    To avoid this follow these 4 Strategies:

    (1 1. Only deposit $100 or $200 into your account at a time. Never put in more than $250.

    (2 2.  Only make .25 and .50 cent bets no matter how SURE you are that the number will hit.

    (3 3. Immediately take 80% of your money out after a big win.

    (4 4. Make ONE deposit at the start of the month for the entire month.

     

    The 4th strategy may be the most important strategy.

    I suggest putting in $100 or $200 ($250 maximum) at the start of the month (Oct 1, Nov 1, Dec 1, etc) and only making .25 and .50 bets ($1 max on any one number) for the rest of the month on the fewest possible numbers. You may want to set a limit of how many numbers you will play per week, say 5 or 7.

    Never play more than 10 numbers per week.

    What happens if you lose your $100 or $200 initial deposit?

    You are done for the month. DO NOT put more money into your account until NEXT month.

    You need this self disciple to win in the long term.

    Knowing this will force you to be careful with your bets and motivate you to bet on a few numbers for just .25 or .50 a pop because you have to make that $100 or $200 last for the entire month.

    Follow these 4 strategies and you will be a winner in the long term.

      RJOh's avatar - chipmunk
      mid-Ohio
      United States
      Member #9
      March 24, 2001
      19891 Posts
      Online
      Posted: October 1, 2010, 12:36 am - IP Logged

      If pick3 and pick4 games are available in your state and you're going on line and paying an additional fee to play then you have already lost control.

       * you don't need to buy more tickets, just buy a winning ticket * 
         
                   Evil Looking       

        taxijohn's avatar - odometer444
        Dutchess County, New York
        United States
        Member #8067
        October 22, 2004
        3239 Posts
        Offline
        Posted: October 1, 2010, 2:44 pm - IP Logged

        Friendly correction: If, online,  you play a double in a pick three like 001 or 223, you get $300 for a $1 bet boxed, if you play 3 different numbers like 345, you get $150.

        RJOh: the fees are only if you make a payout (withdrawal) from your account, and if you do it on a certain day, it's only like $35.

        So, If I play 001 boxed in NY, I only win $80. Play it online, I win $300. Go ahead, take my $35 or so, I'm still ahead $194. if a box bet on 123 for $1 box, $150 payout, - $35, I'm still ahead $35. I usually don't do a payout for under $800.

        If you hit 123 $1 straight and get $900, shoot, you're talking about $365 more than playing in NY.

        I do both, online and in person, but I also sit out here and there. But with these triples due in NY.....

        Also, NOTE you can play 25 cents online, nice insurance bet ;)

         

        Good Luck and God Bless!

        GOD is great, beer is good and people are crazy! Crazy

        "I don't look for the numbers, the numbers look for and sometimes find me..."