1st November 2009, 01:11 PM
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Member
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Join Date: Nov 1999
Location: Western Australia
Posts: 2,418
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Stevemac, I asked that question a while ago when the (%of bank) bets on a place system I was operating were creeping up to very significant amounts. The answer seemed to be that much of the cash indirectly ends up in the pools one way or another. This seemed to hold true as I was betting with an agency, my S/R stayed the same but the dividends showed a downward spiral that never recovered so that in the end I was just breaking even, when I'd showed a profit for 4 years previous.
I still operate the same sytem but reverted back to the original stakes and guess what?............. back in profit. Now b4 I get a broadside, yes it could just be coincidence but the only way to find out again for sure is to actually put the cash on! good luck!
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