Lefty's Food Club Guide
Welcome to Lefty's Food Club Guide! I've been playing Food Club for four years and it's my favorite game on Neopets. For players just starting out and want to make their own bets, I recommend checking out Bon's Guide to Really Lazy Food Club. It is how I started. You can make a nice amount of neopoints from it, and the method is low risk. Also I recommend reading Revenge's Guide and Sir Hatter's Guide for more information about the game and suggested betting strategies.
Hi everyone. So I've decided to take a break from posting my bets. I will return at some point, but right now I'm not sure exactly when. It will probably be in a couple of months.
Important: Food Club times have been glitched. The gates close between 1:45 pm - 2:15 pm NST as usual. Results have been available when the gates reopen at 2:15 pm NST for the past several days.
My Betting Style
Strictly speaking, I don't follow a system; however, I do have guidelines which I follow.
1. As a general rule, I like to take some risk because it is: (a) more fun and interesting to do so in my opinion; and (b) more profitable over time. However, I don't get too crazy, and I always incorporate safeties in my betting.
2. My favorite type of card is when there is at least one arena with a clearly favored pirate (meaning there is a 2:1 pirate and the other pirates are 5:1 or greater). It's better still when at least two of the pirates are long shots (at 10:1 to 13:1). The more arenas like this on a given day the better.
3. Whenever possible I try to incorporate bets on pirates that have a positive Estimated Value (EV).
4. I avoid making bets that are less then 10:1 (breaking even), unless there's a good chance of a cascade. Then they add up, which is good.
5. Most of the time I ignore Food Adjustments since I assume that they are already reflected in the odds. The exception to this is when there is a pirate with a +4 FA or higher. In that case I tend to place a little more value on the likely outcome of such pirates.
6. A word about why I don't explain my bets. Actually, I did explain them for a while but decided to discontinue. Why? For one, although I understand probability and statistics reasonably well (master's level in social science), my betting style has an intuitive component that is difficult to explain to others. Second, while trying to explain my bets I realized that I was overthinking my bets. Not good; hence the reason that I don't provide an explanation.
Apr 2014 Gambit