1st October 2006, 04:56 AM
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Suspended.
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Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
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Quote:
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Originally Posted by partypooper
I received several flyers yesterday for fixed odds from various sources, for the Van Heusen today (as well as others) a quick calculation told me that I needed to invest $103.66c to return $100 at the odds offered from one particular source, I was surprised by this, and by taking the best odds from 3 different sources it was reduced to $97.1 to return $100.
In other words $2.99 profit from every $97.1c invested (or 3.08 %) NO RISK
Am I starting to think in the right way here or does it not happen often enough to make any real money from it?
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Wrong about what Party? If you mean 'It's impossible to make a profit from punting[?] Well, point me to my post where I ever said that [?] I've made a very nice little pile of pennies this year off the punt [which I'll probably give most of back to the bookie during the spring].
The idea of yours I quoted isn't punting [gambling] though is it? 'NO RISK' means no gamble. No risk gambling is an oxymoron :-) |