Thanks to Stevemac for posting that link. It appears most of my queries have been answered in that. I see that Bhagwan has even weighed in and his thoughts have helped me rethink my stratergy regarding the Ratchet System.

Of course this site would not be the same without the balancing by that Prophet of Doom " CRASH ".

Because I have been adjusting my bet rules , this is the latest results from my figures based on the latest alteration. There have been 27 bets so far, not 100, not 1000 not 10,000. So that has to be taken into account. But the slight changes I have made still bring about the same results although the price dividend seems to have increased which may just be luck or its place in the cycle which at the moment appears to be on a high wave as I said in my original post.

I like Bhagwan's advice of providing at least 3.5 times the ( expected losing run ) based on the Risk of Ruin idea I think.

Here is my current results based on only 27 bets.

R.O.I. 109%

SR 18.5%

5 winners out of 27 bets

Return dividends.

7.30, 4.40, 14.00, 24.00, 14.70.

Runs of outs.

1x8
1x6
1x5
1x2
1x1

At present I am going to stick to $1 win until I see where this takes me.

Based on these figures, what does the statistics show other than interesting until the crash comes.


FOR YOUR INFORMATION.

To hurry the demise of this system I will put up all the bets for today Friday 1st January. A public declarations usually brings the rewards of a public flogging.

I will post when I have checked the scratchings and lets see what happens, probably disaster.

STAR