NBA Coupon Strategy
– The exercise starts with a $2 initial betting budget. (This does not mean that you should also start from $2 as well in case you trial this exercise yourself. It is highly recommended to start with as low amount as possible.)
– There will be either 1 or 2 coupons per day. If there is only 1 coupon on a given day, the entire budget for that day is put on that coupon. If there are 2 coupons, the betting budget for that day is divided by 2 and the same amount is put on each coupon.
– The betting amount for coupons is determined based on the result of previous day’s coupon results. Whenever at least one coupon holds on a given day, the new betting amount for the next coupon is set to $2 again. If none of the coupons hold on a given day, the betting amount for the next day is doubled.
– Coupon odds are designed in a way so that each time a coupon holds, the overall result will turn to profit by compensating potential losses caused by earlier coupons that failed.