28th May 2007, 11:40 AM
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Member
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Join Date: Dec 2006
Posts: 33
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Quote:
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Originally Posted by savage
Hi partypooper
I presume it would depend on what the threshold would be. e.g. If paying under $1.40 the place then no bet. but this would probably reduce strike rate.
Maybe wesnip would have these figures.
One thing I have noticed with this plan is that you need plenty of strikes without a long run of outs. my longest run of outs was 3 anymore & the nerves come into play as the bets get quite large.
In the win only situation the plan suggests a brake at 6 losses. This would have to change for places, maybe after 2 losses up the divisor by one.
I have to try bhagwan's suggestion. but he was dealing with wins only
Any thoughts would be appreciated
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Savage
I think you've got your divisor wrong.
1.2 is far too agressive. The purpose of the plan, as explained in the Ray Spargo post, is to make a number of bets whose total reach your desired odds level. So if the average odds were $1.20, multiply by say 5 to give a round odds of 6.
This becomes the divisor, so that when a total of six bets @ $1.20 are won, no matter how many losses in between, the objective would be reached.
At $1.20 (~83% strike rate) the longest run of outs should be no more than 3 - 4.
http://www.cdsystems.uk.com/don't_go_broke!.htm
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