My quote from earlier "So once again to play with examples say over about 1000 bets we see a result of one losing streak greater than 30bets or $1500 so we cop the loss. On the other good days we make $8,000 clear profit."

Apologies for the ambiguity Puntz - I re-read it myself and see now where the confusion is. What I meant to express was that over 1,000 bets I observed one only losing streak of over 30 bets which cost $1,500 as a loss. The other 970 bets resulted in a clear profit of $8,000 whcih after you deduct $1,500 loss is still a nice profit of $6,500.

Having said all that - I added that you could suffer 3 to 4 lots of $1500 losses and still be in front by a reasonable figure.

I am still confused as to how to read the stats on the "losing streak calculator" for a 9% strike rate. Here are the figures

I tried to insert the figures here but could not get them to format right - so u will have to look at the link provided by Bhagwan to see what I mean.

Hey $8,000 a day would be nice hehe


[ This Message was edited by: cameron398 on 2003-10-29 22:52 ]

[ This Message was edited by: cameron398 on 2003-10-29 22:54 ]

[ This Message was edited by: cameron398 on 2003-10-29 22:56 ]