Thread: Your Bank
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Old 2nd April 2003, 02:47 PM
Shaun Shaun is offline
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Join Date: Jan 1970
Location: Western Australia
Posts: 3,403
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Hi all....as we know and it has been said before you need a bank if you intend to invest on the races.....a lot of people will say "but i will never have that sort of money so i will just use what ever i have this week and see if i win" if you stop and think you will relise that that is your bank....i guess i am not makeing much sense so i will explain it this way.


How much money do you invest on each bet...depending on your answer we know that it is best to invest between 1% and 5% of your bank on each bet
EXAMPLE: say you bet $20 on each bet and we will say you bet 2% of your bank so your "bank" is $1000 then every week access your results and if you have a profit put a portion of that profit in to your real bank.
The next time you have a wager you will be betting a % of your real bank plus your theoretical bank....hope this made sense.

[ This Message was edited by: Shaun on 2003-04-02 15:48 ]

[ This Message was edited by: Shaun on 2003-04-02 15:57 ]

[ This Message was edited by: Shaun on 2003-04-02 15:58 ]
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