
3rd October 2007, 09:08 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:
Originally Posted by moeee
PUNTING TIP.
It works like this.
Supposing a roulette wheel had 49 Reds and 51 Blacks.
Suppose the house has 100 spins for today.
If the house pays even money on each colour, then the Punter wins $2 for every $100 invested if he only bets a dollar each spin on black.
The next day the same thing happens.100 spins.Another $2 is won for his $100.
100 spins yesterday and 100 spins today will equal 10,000 possible doubles combinations.
And the Punter would have got 2601 of them doubles.
And the house would have paid him 3 to 1 which amounts to $10,404 for an Investment of $10,000
The house lost $404 for every $10,000 bet by the punter.
OR, $4.04 for every $100 bet by the Punter.
JUST IMAGINE WHAT THE PUNTER WOULD HAVE OBTAINED IF HE WAS PLAYING QUADRELLAS.
Would it be 8% Profit or would it be 16%?
Whatever, it is no wonder that the PROFESSIONAL PUNTERS are doing well in the EXOTICS areas.
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I think this is the post your replying too waggamick. It wasn't my analogy.
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