I find it interesting that many punters pursue great profits only to suffer great losses in the process of doing so. There may be smaller, perhaps more refined (or successful) groups of punters who recognize the smart profits to chase are the small percentages that are more likely to be won.

So lets say for a minute that I have devised a method of investment where in tightly monitored testing I have achieved a 14% (or more) return on turnover for well over a year.

Most of you would already know it but below I want to highlight the reason many people pursue a successful system of gambling:

Bank interest on savings pales into insignificance when you look at the overall potential of a gambling machine that produces 14% on turnover. Not starting bank, but turnover.

In other words look at the following illustrations:

1. Bank account opening balance $30,000 with 5% interest.

Closing balance a year later $31,500 less bank fees and charges.

2. Gambling fund opening balance $30,000. Same money turned over many times during a year resulting in turnover of say $300,000 with 14% return on turnover.

Closing balance a year later $72,000 ($30,000 plus $42,000 winnings)

Based upon the above – I can see why so many of the punters on this forum put many, many hours into developing methods of investment on the horses.

If I was to start real investments tomorrow and turnover say $50,000 over the next twelve months and assuming (based upon research) a 14% return then I would generate the princely sum of $7,000 tax free.

Theoretically this return could be achieved with a small starting bank, the large turnover coming from the same money being won and lost regularly.

In practice on the road to reaching this return there may be a bad losing streaks where losses were incurred to the extent where the bank was exhausted.

As successful as my method may be the possibility of the loss of entire bank would remain present. After all, this is gambling. So lets say I wanted to derive a more generous tax free return of $50,000 per annum. Then the turnover would have to be in the order of $350,000. That is a lot of turnover by most people’s standards. Again however it is not such a fearful amount when you are reminded that you theoretically may be able to turn over a much smaller bank many times in order to reach the total turnover.

The above serves to illustrate that to achieve a significant return on investment even with a “successful” method, large starting banks may be required and should be on hand before commencing.

So having said all that I now ask you, the members of this forum. Where do I find people with the blind faith, outrageous optimism or who just have more money than sense to invest in something like this?

I intend to form a syndicate. How large you say? The skies the limit! I have considered advertising in racing publications. I have considered placing an advertisement on this site detailing some specifics. I have considered “lurking” around the betting areas of my local casino to identify potential investors and then making direct approaches. I have considered directly approaching business persons who have ties to the racing industry. I have considered approaching business persons who are purely investors with no ties to the racing industry. I have considered approaching venture capital organizations (although may be laughed at by them). I have considered all these things. I may yet proceed with all these things.

In the meantime, I wonder what ideas some of you may have on this topic? How do I find the investors?

Have you considered betting with your OWN money, using your OWN optimism
and your OWN faith?

Good luck,

Pre-Post

[ This Message was edited by: puntz on 2003-03-04 22:45 ]

To Pre-post. Of course I have considered using my own money. That would be my first preference. However, I just wrote the above several paragraphs to illustrate that a reasonable sized bank is required for reasonable returns. I am impatient. I do not want to fiddle with the low turnover which my own limited resources could enable.

And to Puntz, with all due respect I am not asking how I need to prove all this to investors. I am asking where I might find them on a first contact basis.

The convincing will be dealt with on an individual basis later

[ This Message was edited by: puntz on 2003-04-14 19:25 ]

Cameron398,I somehow get the impression you are making what you consider a subtle attempt to recruit members of this forum to contribute money to you.I also note with interest you don't say what form of gambling you intend to use .I get the impression you are a "Casino Freak",and your method involves either Roulette,Blackjack,or even worse,poker machines.You manage to contradict yourself many times in your post,right from the opening line,many punters pursue great profits amd suffer great losses,instead of being more refined and chasing small profits.Later you contradict this by saying you are impatient and don't want to fiddle with small profit on small turnover.You can place all the ads you want,but really think that anyone is going to give you their money to gamble with?You state"tightly monitored "tests over more than a year.PLease Explain?(sorry Pauline)You either monitor results,or you don't,where does the tightness come in?I have a horse racing system that makes more profit than yours per year,would like to invest in it?You could put your method on hold,let me do all the work,and get enough to start your own sooner.Please advise me ASP if interested,I only need 50 grand to get started.Of course I can give you no guarantees with this,you may get a lot of money for your investment,or you may end up with ************ all,but does that matter?You have faith in me don't you?You don't even know me,but you trust me,don't you?Would I lie to you?

Ok Puntz, if you have achieved 14% ROT, pay me 80% of what my money earns and will account for where my money goes I will gladly send you some. But wait, I forgot I do not need to cos I already have such a system on file which I can use myself.

Hehe. Cumon guys, no sledging with this one. How about just a little of your helpful ideas...

I can see what is about to happen here. I am going to spend all my time defending my methods and test results from you people when I have not even divulged the full details.

It is easy to find holes in something when you are not looking at the full picture.

If I was to divulge all details then other people using the same method may erode the profits.

I would appreciate people not attempting to "take the ********" by grasping at straws over the way I have worded my posts (yes you angel! And by the way I am using gallops not casino) I see your point re contradiction small profit vs Great profit. In my haste I did not spell out the fact I chase 10 to 20% return on turnover rather than the double your money or more we may like to pursue but would unlikley ever achieve.

And again Angel - as for "tightly monitored" or just "monitored" now u r being just plain smart.

What does one do when one creates an awesome method of investment on the horses but does not have the resources to move it into the world of worthwhile profit? Form a syndicate maybe...

So again - are there any sensible, not sarcastic repssonses to my original request for assistance - or are we going to argue continually???

PS. There is no subtle attempt to enlist investors from the site. In fact, for my own reasons I may prefer non-punters.


[ This Message was edited by: cameron398 on 2003-03-03 14:27 ]

[ This Message was edited by: puntz on 2003-03-04 22:44 ]

Cameron398,contrary your belief,I do not wish to indulge in a slanging match with you,therefore after this post I will not be on this thread again.If you have created a successful method,good luck to you,I wish you every success in the future.I was not being a "smart ********",just looking the facts.You stated yourself,on the road to,etc.etc.as successful as my method is,etc.etc.I don't expect you to divulge your method,I don't think anyone else would either.Not on this forum anyway.If you are hell bent on forming a syndicate,then good luck to you,and with due respect I would hope that you inform any would be investors of the pitfalls of gambling,not just paint a rosy picture.I create systems too,some succesful,some not.Some hold up for a while,then crash.Yes I do monitor them,and I really don't understand what you meant by "tight monitoring."I just monitor them,no inflating of figures etc.to create massive profits.Again,I AM NOT saying that is what you are doing.Also,do you think that a year and a bit is a long enoughtesting period?I wish you all the best in whatever you choose to do with your method,but really have a clue as to where or how you could go about recruiting anyone to invest in it.Cheers,and good luck,angel

What you say about needing a big bank to make big $$$ is true. Small bank=small profits or large risk.

Angel, I don't like what you said about BJ, that is how I've amassed my 'fortune'.

That said, I do have a big bank, and that's how I can afford to live off gambling.

I did start it with small BR though...

Sir Cameron

What a fascinating thread! I am really interested, except I'm not actually sure what I'm interested in, or what you're suggesting.

I rolled over more than $90k in 5 months but the return was less than I would have liked.

Whatcha got in mind?

The Captain

Mr J,I had absolutely no intention of replying to this post anymore as I previously stated to cameron398,but after reading your ridiculous egotistical post I couldn't stop myself.Let me quote you:
"angel,I don't like what you said about BJ,that is how I amassed my fortune".Just to set the record straight,I didn't say anything about Blackjack!All I said was maybe your a casino freak into blackjack,roulette,or even worse,poker machines.
You say you agree that you need a big bank to generate big profits.I agree.But we all have to start somewhere,and we all can't start big,and by your own admission,you didn't either!!!You start small,and build yourself up into a larger scenario,if you are half smart and lady luck is on your side.
So do you do have a big bank,and you can afford to live off gambling??Good luck to you,but you better protect that"big bank"or you may just find you can't afford to live off gambling.Where will you be then?Starting out small again,trying to build yourself up to a big bank again.Don't ever forget your grass roots,or where YOU started.And how small YOU started.

Cameron

This is an interesting post. I guess from the 'outside' perspective, it's easy to see what you are saying in a number of ways.

From your own perspective you know what you want. Only just getting to it is the name of the game.

Sometimes matching your perspective and gain and receiving other people's may not coincide.

There is a law in ecommerce called Metcalf's Law a network (or your idea seen as useful by internet viewers) increased in value with the addition of each new user and that this value could be defined as the square of the number of users.

So perhaps that's the angle you might need to follow in order to find the supporters and eventually a major one.(I think Angel is already getting a bunch of followers happening from his posts..) In ecommerce or when you are using it to drum up your business, the value in your idea(s) exists when there are enough people who want to come back to use or to revisit and see what you are doing. And how you are progressing.

In short, it's probably good to spray it rather than say it, and show your mettle.

Respecting everyone in this thread so nothing here is meant to be pointing or accusing.

'Fortune' is relative. When I say 'fortune', it represents the money I have made of gambling.

My large BR will is extremely unlikely to bust. The ROR is just so small. I know we have to start small, but in order to make it big, you have to risk a large % in relation to a larger BR (obviously).

It is better not having to rely on gambling if you do have a small BR, esp if you have greater expenses, depedents etc. I just turned 20 . I can afford to risk more with a small BR, and be more conservative with a larger one. I guess you could say lady luck shined on me, because nothing went too bad, allowing my BR to grow quite nicely.

Yes I do live off gambling. It's not as if I need to make alot to survive on, I've saved 2 years expenses and have paid for my car in full. Most of what I make goes back into my BR.

I do remember what it's like to have a small BR, and no-one wants to be back there. That is why people lower the ROR as their bank increases.

As far as you mentioning BJ, my bad. I was skimming over your post and misinterpreted.
I took it as if you were saying BJ is a low form of advantage play, and felt insulted.

As far as wishing me luck, mathematically I won't need it. However, choppy results are always nicer than streaky results. Good luck to you too.