Weekly Income

[Benny]

After doing the form I come up with 2 to 3 selections and I want to make $200 to $300 a week. My betting bank is $1000.

[Lord Greystoke]

1. Do the bank on a decent suit and get a job
2. feed the selections to your boss on a weekly basis and get a pay rise every quarter.

You did ask?

LG

[UselessBettor]

After doing the form I come up with 2 to 3 selections and I want to make $200 to $300 a week. My betting bank is $1000.
Im sorry but that is not realistic.

Even if you have a strike rate of 99% you are going to lose your bank.

1000 @ 1% = $10 bets. Lets assume you have a POT of 10%. That means you would turn over $20 or $30 for a profit of $2 or $3 a week.

Over the year that is a return of $200 - $300 which is 20%-30% on your bank.

[Benny]

Im sorry but that is not realistic.

Even if you have a strike rate of 99% you are going to lose your bank.

1000 @ 1% = $10 bets. Lets assume you have a POT of 10%. That means you would turn over $20 or $30 for a profit of $2 or $3 a week.

Over the year that is a return of $200 - $300 which is 20%-30% on your bank.
Is it possible to make a long term profit with say $15 bets and a s/r of 63%

[lomaca]

Is it possible to make a long term profit with say $15 bets and a s/r of 63%You can lose with an 85% strike rate. the size of the bet plays no role in it.

You have to look at your average odds and strike rate in conjunctions to work out your profitability.

Pardon me for asking but why do you keep asking the same question over and over albeit in a different format?

[UselessBettor]

Is it possible to make a long term profit with say $15 bets and a s/r of 63%If you want an income a week then you need to work it out backwards.

Say you want $500 per week. I'll use my figures to show what betsize and bank I would need.

If I want to make 500 and I have 300 bets a week and I make a POT of 0.2%. First divide 500 by 0.002 = 250,000. I need to turnover $250,000 to make my profit so on 300 bets this would be 250,000 / 300 = $833.33 bet size.

So if I was only going to risk 2% on any selection then I would need a bank of 833.33/0.02 = $41,666.

[Benny]

I'll get back with 3 months worth of results. At this stage there will about 80 to 100 bets a week. This is a place only system.

Lets then see what the s/r is and the average divi is.

[UselessBettor]

I'll get back with 3 months worth of results. At this stage there will about 80 to 100 bets a week. This is a place only system.

Lets then see what the s/r is and the average divi is.
From that we can work out what size bank you need.