partypooper
14th March 2005, 01:00 AM
Consider this, 3 x $1000 bets, 2 x losers, 1 x winner @ $3.15c, would you consider this as good business??
i.e $3000 wagered, for a profit of $150. put a few zero's on this and multiply by 150-300 bets a year and that's where you're at, i.e 5% Profit On Turnover, considered (so I'm told to VERY acceptable) and may have to settle for 1-2%, like our high roller, recently (sorry forgot username, $10 mil t/o, should rule a few out though)
Put like this, it makes you realise that the PROFIT is basically in the price obtained, even for the BEST players in the land!!
Just food for thought, (remembering my username is "Partypooper" )
i.e $3000 wagered, for a profit of $150. put a few zero's on this and multiply by 150-300 bets a year and that's where you're at, i.e 5% Profit On Turnover, considered (so I'm told to VERY acceptable) and may have to settle for 1-2%, like our high roller, recently (sorry forgot username, $10 mil t/o, should rule a few out though)
Put like this, it makes you realise that the PROFIT is basically in the price obtained, even for the BEST players in the land!!
Just food for thought, (remembering my username is "Partypooper" )