25th March 2007, 11:29 PM
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Member
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Join Date: Sep 2006
Posts: 1,070
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Quote:
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Originally Posted by Chrome Prince
In my opinion, kelly is high risk, but the returns are greater (if accurate).
It depends on the accuracy of the person placing the bets and the personal inclination to gamble for reward.
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Yes I'm a bit sorry I mentioned it now. It has it's place, I've used it in the past, but please be careful if your new to the punt because you really need to know your stuff, and be prepared to ride some wild up's and down's.
Mad Gambler, I fear we've got a bit off track (my fault). Can you expand on your question a little?
Quote:
Punting is not an 800m sprint, it is a 3200m distance race, where careful planning, knowledge, patience and superior skills reap rewards.
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Indeed, and Kelly is a long term strategy, but let's forget about it now 
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Pixie "It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
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