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Old 23rd March 2009, 02:27 PM
Chrome Prince Chrome Prince is offline
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Join Date: Jan 1970
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Quote:
Originally Posted by Pauls123
Thank you one and all, like I said I would run some stats on my figures with betting a % of a bank. I just updated my spreadsheet and this is now my correct figures, keeping it simple this time:

No of bets 136, (over a 3 month period usually only betting syd and mel sats)
No of wins 42 for a flat level stakes POT of 29.4%

Using a $100 bank and betting 5% of that bank I ended up with a POT of 16%, my bank was wiped out at one point so I guess I had to borrow some of the housekeeping money to top it up.

Using a $1000 bank and betting .5% of that bank I ended up with a POT of 25.8% and of course my bank was never threatened. The starting bet was $5 and after having those 136 bets was still betting $6 per bet.

Bottom line, all very interesting with level stakes still coming out on top over the 3 month period.

When your on a roll with any sort of a staking plan the POT is looking very rosey but a run of outs sure brings you back to reality quick smart.

I've been away for the last 6 weeks touring down around victoria and the great ocean road and whilst I was still able to do my sectional time analysis and black book entries I didnt have access to watch the replays like I do at home here. Watching replays I find is very helpfull as it can influence your decision as to the merits of times run.

Paul


Hi Paul,

I'm quite surprised by your results.
It suggests that all your profit comes from one or two longer priced collects.
So rather than a steady upward trend, you are on a steady downward trend but the longer priced selections bounce you well above profit.
Would this be correct, as it seems the only explanation for the percentage of bank results, especially as you'd lose your bank betting just 5%.
FWIW I'd recommend 1% or 2% of betting bank.

I use 10% of betting bank, but only because my strike rate is very high.
Over 70%
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