
23rd February 2009, 11:10 PM
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Member
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Join Date: Jan 1970
Location: Western Australia
Posts: 3,403
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Say i started the day with a bank of $100 my bets would be $2 and at the end of the day my bank is $110 my next days bets would be $2.20.
If my bank now dropped to $90 i would still bet $2.20 untill my bank reached $71.50 as this is 65% of the highest point of $110.
When the bank is higher than $110 i will then set a new bet amount and a new 65% point.
The 65% reset level is more of a safety break.
As for the wage i introduced this a few years back because while i was testing new ideas and ratings i some times went a month or so with nothing to show for all the hard work i was doing.
It was a choice between this and backing horses for the place to keep cash flow, i felt my ideas were better suited to the win market and atleast i have money each week.
Earning a living on the punt, we would all like to say we do this but some are more skilled and have a larger finacial stake to do it.
My wage each week is nothing like a real wage but it is when i have good weeks that realy count, a few weeks back i was able to withdraw 1 weeks wage plus 6 weeks wages in profit.
It is not the amount you bet it is the way you bet that nakes the difference between the average punter and a pro.
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