Thread: Risk Free
View Single Post
  #8  
Old 16th June 2009, 01:17 PM
Bhagwan Bhagwan is offline
Member
 
Join Date: Jan 1970
Posts: 2,428
Default

If one were able to make say 5% on turnover betting say 90% of the field.

One would have to have a turnover of $200,000 so as to pay back the $10,000 price tag.

Generally, anyone asking for $5000+ is usually a system that is designed to catch out people who know nothing about racing.
That way if it goes pear shaped they can blame the user & not the program.

There is a Dutch betting program called Bet IE (Google)
This can actually create a book against the market where one can win 95% of the time by betting to a 93% of the market to make 3% POT allowing for commission on Betfair.

If you get bit just once , one will give most if not all of it back.
But it can work if one cherry picks the right races & knows when to stop.

The program has stronger way that it suggests like using its built in traffic lights that tells us what is the strongest betting opportunity to bet in as the market forms its prices.

My advise is to spend the $10,000 then tell us how much money you lost after a week or two.

I think you already know the answer to this my friend.

You would be better off using Bet IE for minimal risk betting.
It also has a laying program in it which measures the weight of money moving in the market, it then tells us if it is a good lay bet or not.

Can consistent profits be made on the punt?

Here is a little test for you .
If I gave you $100
Do you think you could make .40 a day, then stop each day , 7 days a week.
If so, you have answered the first part which suggests that a profit can be made out of punting.

Stopping is the most important bit.

Compounding this out the bank would double every 180 days.
Using the compounding rule of 72
.40% divided into 72 = 180

If one had a $100,000 bank.
Targeting .40% a day the stopping
That is $2800 a week
or $146,000 a year.

Have a little think about this.

Cheers.
__________________
Cheers.
Reply With Quote