28th March 2006, 09:29 PM
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Member
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Join Date: Jan 1970
Location: Victoria
Posts: 105
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Quote:
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Originally Posted by Duritz
You have it a little wrong. 6000 selections, 26%, $4.20 = around 6500 collect if you only have $1 on each, but who only has $1 on each?? Even if you only have $10 on each you still make $5000 over the two years. Have $100 on each and you make $50,000 in two years.
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100 bucks on each you invest 600,000 dollars. Collect 50,000. You can do much better with a bank over a two year period without involving a 11,300 dollar 'draw down' prospect.
To win at gambling ultimately you have to be able to build a bank, not make at the same rate as a bank offers.
I still could be wrong but I can't see it.
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pipped at the post
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