29th July 2009, 09:40 AM
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Suspended
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Join Date: Jan 1970
Location: Melbourne
Posts: 5,359
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Quote:
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Originally Posted by Steve M
At the start of the day I check my bank I and calculate 2% - that is my stake for the said bets. I put the bets on I calculate the results. Repeat process for the next metropolitan or HK meet.
I don't have a 'target' nor do I have a when to stop. Some days I have selections some days I don't. That tells me when I bet.
Have I got something wrong?
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What you have got wrong is that you are having an equal amount on your winners as you are on your losers.
Wouldn't it make more sense to have more on your winning selections than on your losing selections?
Yesterday I Posted 4 selections.
Following my bet amounts, I would have invested $55 for a return of just over $60.
With your approach, an equal share would have invested about $15 on each animal for a return of $30.
Sure this is just one day out of History, and perhaps tomorrow things could work out in Favour of your idea.
But just to show you that things can be improved on, otherwise we'ld still be rubbing sticks together to get the barbie going.
Simple ain't always better.
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