20th December 2007, 05:26 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:
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Originally Posted by Truckie
Quite some time ago, a reputable member stated he bet 1/2 % of his balance. While maybe not making a profit, it certainly takes a lot of bets to go broke. Others say 10%, but the strike rate would have to be very good. Personally I like 2%, increasing or decreasing at the end of the day, or after a prescribed win or loss amount
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The theory of small % of bank is good [2% the most commonly recommended], but the problem is that most punters don't have a significant punting bank put away, especially in the current economic climate.
Most punters bet weekly using the % of pocket method.
If a punter can [typically] afford $100 to bet with on a Saturday, 2% is a $2 bet!
PS: It's been a long time Hay Chee. Yo must have just returned from a gambling funded world cruise I guess [?] |