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28th October 2003, 04:49 PM
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Suspended.
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Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
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Thanks Stebbo, some good points.
Sticking with the risk element regarding progressive staking at the moment, the logic to me would be to turn things around and progress on winners rather than on losers to increase POT. thus reducing progression risk to zero as the punter is then using winnings only in the progression. I realize the flaw is losses will be on the biggest bets but they will still come from winnings and not Bank.
If as you have said before profit is the better goal and not POT, that is increased just by increasing the % of bank stakes bet which rise and fall with SR.
I can't see any loopholes within this logic. Winning bets go up in steps and vis-a-vis.
The main purpose of progression seems to be an illusionary way forward to circumvent a poor SR.
LOT risk surely is always proportional to POT gain with any progression method and total profit [or loss] can be increased just by increasing risk exposure. Increased profit and the increased risk involved are linked beyond any slight of hand method [progressions] to untangle them surely ?
All punters desperately wont to profit at this game [me too] but usualy without proportional risk and spend endless hours seeking ways to do so.
Sucessful Punters will take risks that would leave most cold with fear, but I think they also have a greater understanding of how to utilize luck. When to increase risk when luck is in the asendancy and reduce it when in decent. Recognising it's direction and when it is about to change seem the hallmarks of all great punters. More likely a gift rather than a learnable art otherwise we would all be Pro's.
Cheers.
[ This Message was edited by: crash on 2003-10-28 18:14 ]
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