21st November 2006, 02:42 PM
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Suspended.
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Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
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I see. You were referring to the 2x$5 bets, not the single $10 bet.
OK, by following through on your logic, [2x$5 are better than 1 $10 bet], 20 x 50c bets would naturally be even better still.
I think we are losing sight of the original purpose of the $10 in this exercise: to try and turn it into $30 with the best mathematical chance, not protect it from risk [no bet at all will do that nicely].
If you are considering my original $10 bank in any other light except a mathematical scenario [like it was all the money we had to bet with per. year], by having 2x$5 we are risking 50% of our entire bank with each bet !
I'd be having 2c bets with it if I could. Not because it's a great way maths. wise to turn it into a $30 bank, but just because I enjoy punting and if I lose the 2x$5 bets, I'm up the creek as far as betting interest goes for the rest of the year! :-)
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