Thread: Staking Plea
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Old 28th March 2006, 06:22 PM
manygeese manygeese is offline
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Quote:
Originally Posted by Mad Gambler
How do I calculate the run of outs.


Mad Gambler


No set way. But would you say that if you had 30 losses that your selection method was the goods?

You could look at all your winners by less than a length and classify them as losers and mulyiply this new numbers of losers by 2.5 and see what your max run of outs is on your so far sample.

To me that should give you a within reason figure of what you can expect to carry.

Just say you do start at $16.00 And your 500 dollars does vanish. At that point you can decide whether it is worth putting another $100.00 up (six losers) or that you have gone far enough with your selection method.

To give you an idea of what I mean, you work out how many losers you can have at 5 percent starting at 500 dollars. You'll find that it is a ridiculous amount.
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