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17th November 2008, 09:45 PM
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Member
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Join Date: Jan 1970
Location: Sydney
Posts: 148
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Thanks for your comments Memsie,
I agree that 39 days isn't long but I wonder whether a method that gives one selection per day for three years is any more reliable than my 1000 odd selections in 40 days as far as a testing period goes - similar volume. It is an intriguing question and I guess only time will tell.
I first toyed with this method last summer and had similar results over a period of about a month - some 700 selections. My laptop was stolen from my car and it wasn't until September I decided to revisit the idea and I was pleasantly surprises to find it still chugging along.
Above all I am realistic. I do not expect 30%+ winners at $4+ average for ever and ever. At 25 or so bets per day I would very happily cop a 5% POT as a $200 bet unit would realise an annual income of $90000 tax free. Given that the excellent betting products available today make it possible to bet in 100% markets or thereabouts I don't see 5% POT as unattainable.
The feedback from the good readers of this forum confirms my belief that 0.5% to 1% of bank on a sound selection method is conservative enough to withstand bad runs yet aggressive enough to encourage growth.
Cheers,
Hammers.
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