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-   -   P.O.T Vs total profit (http://forums.ozmium.com.au/showthread.php?t=2382)

Shaun 19th March 2003 07:02 PM

Here is something to think about

Punter A: has $1000 goes to the tab has 5 bets consisting of $1000 each walks out of the tab with $2000 profit=$1000 T.O.P 20%

Punter B: has $1000 goes to the tab has 1 bet of $1000 walks out of the tab with $1500 peofit=$500 T.O.P 50%


Question: who is better off Punter A with more money or Punter B with bigger T.O.P

partypooper 19th March 2003 07:28 PM

Just do the maths again after say 100 bets!!

The answer will be VERY obvious.

becareful 19th March 2003 08:25 PM

Answer: Neither - they are both losers. Anyone who walks into a TAB with $1000 and puts it all on one race will certainly lose everything very quickly! :smile:

If your question is which is better a system that gives 1 bet per week for 50% average POT or 5 bets per week for 20% average POT then personally I would probably take the system with more bets but lower POT (unless the single bet system had a very high strike rate). The higher number of bets will allow you to make as much or more money that the higher POT system but should give a more consistant weekly profit. Then again, being greedy, I would probably use both! :smile:

Bhagwan 19th March 2003 09:44 PM

I feel the answer lays in how long does it take to double my bank .

& to that usually requires turmover .

No point in making 200% POT if there is only one bet a year.

Shaun 24th March 2003 02:54 PM

Sorry if i confused anyone with my post....the point to my question was that most people say you need a good T.O.P to make money...in the example it shows that the lower T.O.P made more money, this is not any system just a question thats all the amounts of money or the bets are of no importance other than to show the example....tell me this what is more important to you T.O.P or real profit


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