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-   -   Systems (http://forums.ozmium.com.au/showthread.php?t=5143)

Dan 19th June 2004 04:17 PM

The reason for me is it gives me an idea of what percentage of my bank I can safely put on each selection. I'll take the maximum expected run of outs and then at least double it and divide it into my bank to give me an idea of percentage to risk. There's alot of tipping services that talk about risking 5-10% of your bank on each selection, which to the beginner sounds ok but to us, we know is just a disaster waiting to happen.

Mark 19th June 2004 04:53 PM

CP

I wish lunatic was the worst I'd ever been called :lol:.

Dan

Yes you are right, use it as a guide then double it, as it's still only a guide. Thanks for the input.

crash 21st June 2004 05:43 AM

misprint

[ This Message was edited by: crash on 2004-06-21 05:48 ]

crash 21st June 2004 05:46 AM


Mark,

I think Chrome was pointing out the usefulness of mathematical 'probability' as opposed to 'possibility' [what you where giving examples of] as a punting tool.

Expected runs of outs for a particular SR is probability at work which can then be used as a punting guide far more profitably than relying on possibility [the 100/1 shot].

The same 6 winning Tatslotto numbers might possibly come up twice [or more] in a row, but it is highly improbable.

Cheers.

[ This Message was edited by: crash on 2004-06-21 06:01 ]

Mark 21st June 2004 11:21 AM

Maybe that's why my current "run of ins" is 53 days in a row. I think differently to others, expecting to win & not thinking about what ifs of losing runs.


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