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Interesting article I picked up on another site. Teachs how to make a set salary buy sports betting. Might help pay the mortgage. Not to complicated, but any questions please ask....Basic idea is that you can make set amount of money with one pick a day hitting a minimum of 26%....-110 juice only.
Second part explain how to do same in bases and hockey picking parlays...Good luck..
here is an article i dug up on that guy on the net. hope it helps.
Set Monthly Income Programs by Tony Stoffo
The Set Monthly-Income System (Straight Bet Version)
Here are two money management programs that I use on a daily basis when placing my bets.
Taken from my book “Money Management for the year round Professional Sports Handicapper”
Going Pro or Betting For Fun and Profit
Every casual sports bettor has entertained the idea. Usually after a big score or while on a hot streak. “Hey, I could do this for a living.” Most never try it, remaining content to risk only their “mad money” by betting online or with their favorite local bookie. They get the thrill of gambling, the entertainment value of following their games on TV and the camaraderie of commiserating with other bettors over a beer.
It’s sort of like baseball, in that there are countless guys who play Little League, but only a small number of them have the ambition or the talent to go on to play high-school ball, and a tinier fraction of them earn a scholarship to play for a college team, and an even smaller percentage of them get drafted to play in the minor leagues, and only the best and luckiest of them ever make it to the big leagues.
Similarly, tens of millions of people bet on the Super Bowl and Final Four, but only a fraction of them have the Bankroll or the ambition to bet every weekend during football and basketball seasons, and an even tinier number of them make enough money to begin betting every day year-round on those and other sports, and only the best and luckiest of them ever make it to the betting big time, or to the point at which they make their entire living from it.
If you’ve made it this far into my book, you’re likely a legitimate prospect in the world of professional sports gambling. Unfortunately, there are no scouts in this profession to “discover” you. You make or break yourself by turning picks into profits, week in and week out, for months and years.
You now know that to make consistent money by betting on sports you must set and build a Bankroll by showing unwavering discipline -- and using money-management techniques like the 12 proven Programs I share with you in this book. Consider this chapter and the next a kind of trial run. They’ll tell the tale of whether you’ve got the mettle to make it as a pro gambler.
Even if you don’t want to “go pro” and make your entire living by gambling, The Set Monthly-Income System will allow you to make a predetermined amount of money each and every month from gambling, be it $400 or $4,000, or even more. And whether you’re doing it to make next month’s mortgage or merely enough for a family vacation, gambling for a set income is not only satisfying, it’s downright fun.
2 Systems That Can Earn You 6 Figures
When most people think of John and Paul, they think of the Beatles. I think of the bettors -- two of the best I’ve ever known. I met them in 1989 while working at the Rio Sportsbook. They came in every day to check my lines, never lingering too long. Later, I found out why -- mine was only 1 of 20 sportsbooks they hit every single day.
This was just a single sign of their incredible discipline and work ethic. They also used a money-management technique that they shared with me, which I’ve modified and named The Set Monthly-Income System.
Back then, more than 2 decades ago, John and Paul were making $15,000 a month each betting on sports. During football and basketball seasons, they used the Straight Bet Version of the System, which I detail in this chapter. For baseball and hockey bets, they used the Parlay Version of the System, which I cover in the next chapter.
I just ran into John and Paul at the Stardust several weeks ago, and they are still grinding out the profits. It’s been a quarter-century, and the same System continues to bring them a 6-figure yearly income. They’re living proof that a comfortable living can be made from only betting on sports.
Now, I am going to show you how to achieve this incredible lifestyle too.
The Set-Up
Each of my 12 Money-Management Programs are composed of a Series of bets that are either predetermined by me or can be quickly calculated by you using a Formula I’ll provide you.
For the purposes of our examples in this System, all bets are straight wagers on which you will lay $11 to win $10 (or multiples thereof), unless otherwise noted.
The Program
The unique allure of The Set Monthly-Income System is that is allows you to set a “salary” for yourself that you’d like to make entirely by gambling on sports each and every month. Because of the mathematical certainties on which the Straight Bet Version of The Set Monthly-Income System is based, you must pick just 26% winners in order to earn your “salary” -- or Monthly-Income Goal. Even more so than usual in my 12 Money-Management Programs, possessing the necessary discipline and Bankroll are virtually as important as picking the winners.
The Set Monthly-Income System is perhaps the most complicated among my 12 Money-Management Programs, so I’ll first give you an overview before detailing every single step in the System. Of course, in a few days, this will all be second nature to you.
In The Set Monthly-Income System, the first thing to do is set your Monthly-Income Goal. This can be any dollar figure you want, from $100 to $10,000 or more, but is obviously limited by your Personal Betting Bankroll. Once you have your Monthly-Income Goal, you set your own 3-number Series based on this goal. It then takes just 2 winning wagers to eliminate each 3-number Series, at which point you start over. So you must eliminate just 4 Series with 8 winning wagers to earn your desired profits over the course of a month or 30 bets. Assuming you bet 1 game a day, you can pick just 8 winners and 22 losers (for a winning percentage of only .266) in any given month and still achieve your Monthly-Income Goal.
Let’s assume that you have a modest Bankroll of $1,600 to wager with, as we have throughout this book. A simple rule of thumb to determine your Monthly-Income Goal is to divide your Personal Betting Bankroll by 4, which in this example means your goal is to win $400 the first month.
Monthly-Income Goal = Personal Betting Bankroll divided by 4.
Now, based on your Monthly-Income Goal, you set a Series Total from which you will in turn set a 3-number Series. Because you need to win just 4 Series over the course of a month to achieve 8 total wins and the subsequent profits you desire, divide your Monthly-Income Goal (in this example, $400) by 4 and get a Series Total (in this example, $100).
Series Total = Monthly-Income Goal divided by 4.
Now that you have a Series Total, break it into 3 numbers (or Series Amounts) so that the first and third numbers are equal to each other and are twice the amount of the second number. In this case, then, your Series would be 40-20-40, since $40 + $20 + $40 = $100, with $40, the first and third numbers, being twice the value of $20, the second number.
Series = Series Total broken into 3 numbers -- or Series Amounts -- so that Nos. 1 and 3 are equal and twice the amount of No. 2.
The object is now to eliminate your Series (in this case, 40-20-40) with 2 winning wagers. With the first winning wager, you eliminate the “outside” numbers, 40 + 40 (or 80, Nos. 1 and 3 combined). With the second winning wager, you eliminate the “inside” number, 20 (or No. 2). You do this by betting enough to first win $80, then by betting enough to win $20.
It’s important to understand that whenever you lose a wager trying to eliminate either the outside 2 numbers or the inside 1 number, you always move up to a new Series that features higher wagers. In other words, whenever you lose a wager in an attempt to eliminate the 2 outside numbers, you immediately move up to a new, higher 3-number Series without worrying about eliminating the 1 inside number. Likewise, if you ever lose a wager trying to eliminate the 1 inside number, you automatically move up to a new, higher 1-number Series.
After any loss, you determine these new, higher Series by dividing the amount of the previous wager evenly among the number(s) -- or Series Amount(s) -- in the previous Series. In order to win any Series Amount, you will lay a dollar figure known as an Actual Wager Amount.
Actual Wager Amount = the dollar figure you lay to win a Series Amount (or a combination of 2 Series Amounts) in your Series.
To help you get the hang of it, let’s look at our example Series of 40-20-40. To eliminate the 2 outside numbers, you lay an Actual Wager Amount of $88 to win $80, the profit of $80 representing the combined value of the outside numbers (or Nos. 1 and 3, 40 + 40). Remember, in our examples, we’re assuming both teams are given standard 11-10 odds.
If you win this first wager, the outside 2 numbers are eliminated, and you are left with just 1 “inside” number (or No. 2) to achieve your Series goal (in this case, 20). So a second wager is made to eliminate this 1 inside number, meaning you lay an Actual Wager Amount of $22 to win the Series Amount of $20. Hopefully, you win this wager and, having eliminated the Series entirely, you achieve your goal and start over with another, new Series (in this case, 40-20-40, meaning you make another $88 bet to win $80).
If you lose a wager, you continue betting with a higher Series -- a 3-number Series if the loss came as you were betting to eliminate the outside 2 numbers, or a 1-number Series if the loss came as you were betting to eliminate the 1 inside number. To determine the Series Amount(s) for the new Series, take the previous Actual Wager Amount and break it evenly over the remaining Series Amount(s) in the Series.
For example, if you lose the first wager in our example (in this case, $88 to win $80), you divide the previous Actual Wager Amount by 3, rounding to the nearest dollar (in this case, 88 divided by 3 = 29), and add that figure (in this case, 29) to each of the numbers in your 3-number Series (in this case, the new Series Amounts would be 69-49-69, since 40 + 29 = 69, 20 + 29 = 49 and 40 + 29 = 69).
Similarly, if you lose the second wager (in this case $22 to win $20), you add the previous Actual Wager Amount (in this case, 22) to the only number in your 1-number Series (in this case, the new Series Amount would be 42, since 20 + 22 = 42).
Continue betting to eliminate first the 2 outside numbers then the 1 inside number until you go through an entire month’s worth of wagers, presumably 30 or 31 bets and/or days. Of course, you may make 1 wager on an early NFL game on Sunday and then follow it up with a second bet on an afternoon game, so your “month” may end before 30 days are up. Or, if you wish, you may extend your month beyond 30 wagers to a full calendar month, regardless of the number of wagers. Or, like me, you may use this System year-round, and use calendar months only to keep track of how much you’re making as you go.
As long as you eliminate a minimum of 4 Series -- totaling 8 winning bets -- every 30 days or 30 wagers, you should reach or exceed your Monthly-Income Goal. After your first month, roll your $400 in profits into your Personal Betting Bankroll and set a new Monthly-Income Goal. Using our Formula, you would divide your new Personal Betting Bankroll of $2,000 by 4 and get $500, giving you a new Series Total of $125 and a new Series 50-25-50. In this way, after a year, your Personal Betting Bankroll is $6,400, meaning your Series Total is $1,600 and your new Series is 160-80-160.
The Goal
The objective is to earn a “salary” from gambling every month, the amount of which you preset, by winning as few as 26% of your straight wagers.
The Series
The 3-number Series in this is System set by you, depending on the amount you set as your Monthly-Income Goal, and is eliminated by 2 winning wagers, the first to eliminate the 2 outside numbers and the second to eliminate the remaining 1 inside number.
November 29th, 2004 01:19 PM
Second part explain how to do same in bases and hockey picking parlays...Good luck..
here is an article i dug up on that guy on the net. hope it helps.
Set Monthly Income Programs by Tony Stoffo
The Set Monthly-Income System (Straight Bet Version)
Here are two money management programs that I use on a daily basis when placing my bets.
Taken from my book “Money Management for the year round Professional Sports Handicapper”
Going Pro or Betting For Fun and Profit
Every casual sports bettor has entertained the idea. Usually after a big score or while on a hot streak. “Hey, I could do this for a living.” Most never try it, remaining content to risk only their “mad money” by betting online or with their favorite local bookie. They get the thrill of gambling, the entertainment value of following their games on TV and the camaraderie of commiserating with other bettors over a beer.
It’s sort of like baseball, in that there are countless guys who play Little League, but only a small number of them have the ambition or the talent to go on to play high-school ball, and a tinier fraction of them earn a scholarship to play for a college team, and an even smaller percentage of them get drafted to play in the minor leagues, and only the best and luckiest of them ever make it to the big leagues.
Similarly, tens of millions of people bet on the Super Bowl and Final Four, but only a fraction of them have the Bankroll or the ambition to bet every weekend during football and basketball seasons, and an even tinier number of them make enough money to begin betting every day year-round on those and other sports, and only the best and luckiest of them ever make it to the betting big time, or to the point at which they make their entire living from it.
If you’ve made it this far into my book, you’re likely a legitimate prospect in the world of professional sports gambling. Unfortunately, there are no scouts in this profession to “discover” you. You make or break yourself by turning picks into profits, week in and week out, for months and years.
You now know that to make consistent money by betting on sports you must set and build a Bankroll by showing unwavering discipline -- and using money-management techniques like the 12 proven Programs I share with you in this book. Consider this chapter and the next a kind of trial run. They’ll tell the tale of whether you’ve got the mettle to make it as a pro gambler.
Even if you don’t want to “go pro” and make your entire living by gambling, The Set Monthly-Income System will allow you to make a predetermined amount of money each and every month from gambling, be it $400 or $4,000, or even more. And whether you’re doing it to make next month’s mortgage or merely enough for a family vacation, gambling for a set income is not only satisfying, it’s downright fun.
2 Systems That Can Earn You 6 Figures
When most people think of John and Paul, they think of the Beatles. I think of the bettors -- two of the best I’ve ever known. I met them in 1989 while working at the Rio Sportsbook. They came in every day to check my lines, never lingering too long. Later, I found out why -- mine was only 1 of 20 sportsbooks they hit every single day.
This was just a single sign of their incredible discipline and work ethic. They also used a money-management technique that they shared with me, which I’ve modified and named The Set Monthly-Income System.
Back then, more than 2 decades ago, John and Paul were making $15,000 a month each betting on sports. During football and basketball seasons, they used the Straight Bet Version of the System, which I detail in this chapter. For baseball and hockey bets, they used the Parlay Version of the System, which I cover in the next chapter.
I just ran into John and Paul at the Stardust several weeks ago, and they are still grinding out the profits. It’s been a quarter-century, and the same System continues to bring them a 6-figure yearly income. They’re living proof that a comfortable living can be made from only betting on sports.
Now, I am going to show you how to achieve this incredible lifestyle too.
The Set-Up
Each of my 12 Money-Management Programs are composed of a Series of bets that are either predetermined by me or can be quickly calculated by you using a Formula I’ll provide you.
For the purposes of our examples in this System, all bets are straight wagers on which you will lay $11 to win $10 (or multiples thereof), unless otherwise noted.
The Program
The unique allure of The Set Monthly-Income System is that is allows you to set a “salary” for yourself that you’d like to make entirely by gambling on sports each and every month. Because of the mathematical certainties on which the Straight Bet Version of The Set Monthly-Income System is based, you must pick just 26% winners in order to earn your “salary” -- or Monthly-Income Goal. Even more so than usual in my 12 Money-Management Programs, possessing the necessary discipline and Bankroll are virtually as important as picking the winners.
The Set Monthly-Income System is perhaps the most complicated among my 12 Money-Management Programs, so I’ll first give you an overview before detailing every single step in the System. Of course, in a few days, this will all be second nature to you.
In The Set Monthly-Income System, the first thing to do is set your Monthly-Income Goal. This can be any dollar figure you want, from $100 to $10,000 or more, but is obviously limited by your Personal Betting Bankroll. Once you have your Monthly-Income Goal, you set your own 3-number Series based on this goal. It then takes just 2 winning wagers to eliminate each 3-number Series, at which point you start over. So you must eliminate just 4 Series with 8 winning wagers to earn your desired profits over the course of a month or 30 bets. Assuming you bet 1 game a day, you can pick just 8 winners and 22 losers (for a winning percentage of only .266) in any given month and still achieve your Monthly-Income Goal.
Let’s assume that you have a modest Bankroll of $1,600 to wager with, as we have throughout this book. A simple rule of thumb to determine your Monthly-Income Goal is to divide your Personal Betting Bankroll by 4, which in this example means your goal is to win $400 the first month.
Monthly-Income Goal = Personal Betting Bankroll divided by 4.
Now, based on your Monthly-Income Goal, you set a Series Total from which you will in turn set a 3-number Series. Because you need to win just 4 Series over the course of a month to achieve 8 total wins and the subsequent profits you desire, divide your Monthly-Income Goal (in this example, $400) by 4 and get a Series Total (in this example, $100).
Series Total = Monthly-Income Goal divided by 4.
Now that you have a Series Total, break it into 3 numbers (or Series Amounts) so that the first and third numbers are equal to each other and are twice the amount of the second number. In this case, then, your Series would be 40-20-40, since $40 + $20 + $40 = $100, with $40, the first and third numbers, being twice the value of $20, the second number.
Series = Series Total broken into 3 numbers -- or Series Amounts -- so that Nos. 1 and 3 are equal and twice the amount of No. 2.
The object is now to eliminate your Series (in this case, 40-20-40) with 2 winning wagers. With the first winning wager, you eliminate the “outside” numbers, 40 + 40 (or 80, Nos. 1 and 3 combined). With the second winning wager, you eliminate the “inside” number, 20 (or No. 2). You do this by betting enough to first win $80, then by betting enough to win $20.
It’s important to understand that whenever you lose a wager trying to eliminate either the outside 2 numbers or the inside 1 number, you always move up to a new Series that features higher wagers. In other words, whenever you lose a wager in an attempt to eliminate the 2 outside numbers, you immediately move up to a new, higher 3-number Series without worrying about eliminating the 1 inside number. Likewise, if you ever lose a wager trying to eliminate the 1 inside number, you automatically move up to a new, higher 1-number Series.
After any loss, you determine these new, higher Series by dividing the amount of the previous wager evenly among the number(s) -- or Series Amount(s) -- in the previous Series. In order to win any Series Amount, you will lay a dollar figure known as an Actual Wager Amount.
Actual Wager Amount = the dollar figure you lay to win a Series Amount (or a combination of 2 Series Amounts) in your Series.
To help you get the hang of it, let’s look at our example Series of 40-20-40. To eliminate the 2 outside numbers, you lay an Actual Wager Amount of $88 to win $80, the profit of $80 representing the combined value of the outside numbers (or Nos. 1 and 3, 40 + 40). Remember, in our examples, we’re assuming both teams are given standard 11-10 odds.
If you win this first wager, the outside 2 numbers are eliminated, and you are left with just 1 “inside” number (or No. 2) to achieve your Series goal (in this case, 20). So a second wager is made to eliminate this 1 inside number, meaning you lay an Actual Wager Amount of $22 to win the Series Amount of $20. Hopefully, you win this wager and, having eliminated the Series entirely, you achieve your goal and start over with another, new Series (in this case, 40-20-40, meaning you make another $88 bet to win $80).
If you lose a wager, you continue betting with a higher Series -- a 3-number Series if the loss came as you were betting to eliminate the outside 2 numbers, or a 1-number Series if the loss came as you were betting to eliminate the 1 inside number. To determine the Series Amount(s) for the new Series, take the previous Actual Wager Amount and break it evenly over the remaining Series Amount(s) in the Series.
For example, if you lose the first wager in our example (in this case, $88 to win $80), you divide the previous Actual Wager Amount by 3, rounding to the nearest dollar (in this case, 88 divided by 3 = 29), and add that figure (in this case, 29) to each of the numbers in your 3-number Series (in this case, the new Series Amounts would be 69-49-69, since 40 + 29 = 69, 20 + 29 = 49 and 40 + 29 = 69).
Similarly, if you lose the second wager (in this case $22 to win $20), you add the previous Actual Wager Amount (in this case, 22) to the only number in your 1-number Series (in this case, the new Series Amount would be 42, since 20 + 22 = 42).
Continue betting to eliminate first the 2 outside numbers then the 1 inside number until you go through an entire month’s worth of wagers, presumably 30 or 31 bets and/or days. Of course, you may make 1 wager on an early NFL game on Sunday and then follow it up with a second bet on an afternoon game, so your “month” may end before 30 days are up. Or, if you wish, you may extend your month beyond 30 wagers to a full calendar month, regardless of the number of wagers. Or, like me, you may use this System year-round, and use calendar months only to keep track of how much you’re making as you go.
As long as you eliminate a minimum of 4 Series -- totaling 8 winning bets -- every 30 days or 30 wagers, you should reach or exceed your Monthly-Income Goal. After your first month, roll your $400 in profits into your Personal Betting Bankroll and set a new Monthly-Income Goal. Using our Formula, you would divide your new Personal Betting Bankroll of $2,000 by 4 and get $500, giving you a new Series Total of $125 and a new Series 50-25-50. In this way, after a year, your Personal Betting Bankroll is $6,400, meaning your Series Total is $1,600 and your new Series is 160-80-160.
The Goal
The objective is to earn a “salary” from gambling every month, the amount of which you preset, by winning as few as 26% of your straight wagers.
The Series
The 3-number Series in this is System set by you, depending on the amount you set as your Monthly-Income Goal, and is eliminated by 2 winning wagers, the first to eliminate the 2 outside numbers and the second to eliminate the remaining 1 inside number.
November 29th, 2004 01:19 PM
PS-MARVIN LOVES SPLIT SALAD !! 
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