9th December 2008, 07:56 AM
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Member
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Join Date: Jan 1970
Posts: 4,425
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Too true!
The other danger I forgot to mention, was staking.
If a punter is using a staking plan, as crash suggests, the punter is always staking more on losing bets, by stopping at a winner on the day.
If level stakes, it should end up the same in the longrun, just less profit or loss at the end.
The main problem, is that most profitable methods derive their actual profit from a very small percentage of the overall bets. One could be missingout on that profit by stopping.
IE
Bet day 1 minus 5 units
Bet day 2 minus 1 unit
Bet day 3 plus 3 units
bet day 4 plus 6 units
Overall plus 3 units.
But on day 4 you only bet until plus 3 units and stopped
Instead of 3 units profit for the week, you are only square.
Just an example.
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