
25th March 2008, 03:05 PM
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Member
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Join Date: Sep 2007
Posts: 92
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Granny - don't be too hasty to drop your betting level right back, in my opinion it is very likely that you are just experiencing a bad run. EVERY single punting method/system/staking plan WILL have bad runs, you're probably just going through one of these.
Can I ask you - how many selections have you had? I know you don't keep records, but even if you have a rough idea how many selections (bets) you've had, over what period of time, I can work out if you've had just a good run, or whether it is proven.
If you have the following stats -
Selections
Winners
Average Price
If you have those stats, I can tell you if you've got a viable method.
As an example, I had a method where I grew a bank from it's starting level to 150 times that level. I did a LOT of research, and a lot of number crunching, to work out what kind of losing streak I could expect, and I ended up REDUCING significantly the amount I was having on each bet. Well, lucky I did because I had a losing streak where my bank dropped back down by 40%. If I hadn't reduced my betting level, I might have lost the lot. Now, I am back up over that to a new level again. My point is, I have a winning method. But that's only half the battle. Knowing the right amount to bet on each selection (not only mathematically but also MENTALLY, ie for your own punting peace of mind) is crucial. I have the feeling that your betting level ($2 at a $200 bank, $40 at a $4000 bank, ie 1%) is probably too high. You can probably sense this, hence your worry. BUT - that DOESN'T mean chickening out and going back to $2 bets. It just means working out the RIGHT level. I can help you with that, if you want some help.
If you want to send me an e.mail to discuss this you can get me at -
kingsandmadmen
@
hotmail.com
Just join those three up together for the address.
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