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-   -   Wine from Water... can it be done ? (http://forums.ozmium.com.au/showthread.php?t=25761)

Vortech 28th December 2012 08:57 AM

I think the larger the bank size the more you can challenge a losing system into a winning one. Its not that the system will not make profit - its a matter of running out of money.

moeee 28th December 2012 09:10 AM

Quote:
Originally Posted by Vortech
I think the larger the bank size the more you can challenge a losing system into a winning one. Its not that the system will not make profit - its a matter of running out of money.

So what you do Vortech , is take your Folder of notes of the Process of how the slightly losing System can be converted into a winning System and show it to your Bank Manager.
I'm sure he would be as pleased as Punch to borrow you the money , and then some.

UselessBettor 28th December 2012 09:16 AM

Proof here :

http://www.propun.com.au/racing_for...ead.php?t=25084

More Proof here (laying):

http://www.propun.com.au/racing_for...ead.php?t=25151


The first thread was followed live online for over a month and showed a profit.
With 120 winners, 24 seconds, 8 Thirds, 5 Unplaced from 156 selections.

The second thread was followed for


1313 selections
Current Sequence is 1
Max Sequence was 55
Biggest drawdown -55.57
Lowest Bank Level -6.31
Profit/Loss = $96.06 Profit




Vortech 28th December 2012 09:19 AM

Yes- mooee.

The Ocho 28th December 2012 09:30 AM

Quote:
Originally Posted by UselessBettor
Latest figures

These are the overall results not the days results

1313 selections
Current Sequence is 1
Max Sequence was 55
Biggest drawdown -55.57
Lowest Bank Level -6.31
Profit/Loss = $96.06 Profit

Equivalent Level stakes Loss : -$6.86

So UB has turned a losing level stakes system into a winning one. It can be done. The next statement by UB though is also very important to consider.
Quote:
Originally Posted by UselessBettor
A losing run will come that knocks out your bank. It just depends on how many times you can double your bank before the losing run strikes.

moeee 28th December 2012 10:08 AM

A bloke would be here for a million years reading all those posts and verifying the truth in them , if it was even possible.

I'll stick with what Raven said.

And I will refrain from posting for a while.
There is no point.
Punters are a stubborn lot and just won't be told.
ME INCLUDED.

Vortech 28th December 2012 11:37 AM

Quote:
Originally Posted by moeee

And I will refrain from posting for a while.

ME INCLUDED.

Xmas came late for many posters on here but it was worth it!

moeee 28th December 2012 12:46 PM

Quote:
Originally Posted by Vortech
Xmas came late for many posters on here but it was worth it!

So you only want members to post how clever you are?

My efforts are to educate and to bring to earth those lost souls that have erred and strayed from a winning path.
Its obvious very few members want this to be pointed out.
Their pride gets hurt and they start flailing their arms and send TOU's.

pjr 28th December 2012 03:38 PM

LG,

The Strategy I use for loss recovery is as follows:

1. Determine the average number of losses for your system and the maximum losing streak (6-12 months of data required). eg. average = 3, max. = 10.

2. Your loss recovery should incorporate a stop loss point, ie. avg + 1 = 4. We do not want to chase all of our losses or you will bust your bank.

3. Develop a multiplier for loss recovery tailor made to your betting system. Don't just rely on fibonaci or other well known systems. Your recovery multipliers should not be too agressive ie. recover your losses only and not try to achieve a profit as well.

4. Most importantly keep your stakes small to deal with the run of losses. For example using an initial stake of $10 or $20 and not $100 or $1000 will mean that your outlay after 4 losses will not be too stressful.

I would not use loss recovery for any system that has a winning strike rate of less than 50%.

Analysis of yesterdays betting data showed a level stakes LOT of 4.68% which I turned into a 4.61% POT using loss recovery.

moeee 28th December 2012 04:42 PM

Quote:
Originally Posted by pjr

Analysis of yesterdays betting data showed a level stakes LOT of 4.68% which I turned into a 4.61% POT using loss recovery.

I wonder if it is possible that had you selected a number of days , rather just yesterday , and whether your recovery idea actually turned a winning day level stakes into a losing day.


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