15th December 2007, 10:59 PM
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Member
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Join Date: Sep 2005
Posts: 1,601
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Staking - Taking a loss making system and making a profit.
Wow this forum is dead these days. Someone should start a post on staking... so thats what I will do ...
If you use a so called "stupid" staking method of trying to win your stake back + $1 on favs how would you go ? Well I started this a while back and here are some results.
The only rules were back every fav and a bank was stopped after it made 100% profit or went bust.
Here are actual results:
Using 30 banks of $1000.
Bank busted 12 times so a loss of $12000
Bank made a profit of 100+%18 times so a return of $18,000 (actually more as we made over 100% with the final win most times).
Total profit = 30 - 12 + 18 = 36 = 6K profit.
Thats a nice profit especially on a so called losing system (backing all favs).
This is based on actual results over several months.
I am sure this will get some conversation going ...
Good Luck
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