Ok comrades,be patient with me I'm old and the grey cells are winding down,,the question is this.


My long term strike rate is 29.4%

Average odds are $3.40

To me this seems 29.4 x 3.4 = $99.96 or break even.

Yet using the retirement staking plan,which I have done since the good Bhagwan introduced it to us to many moons ago, I seem to be making about 7.5% per hundred per month,or if you like $75 per $1000 per month.

Or an annual profit of $900 working off a bank of $1000 per month

I usually punt five days a week with more or less seven bets a day.I keep good records and the bottom line is as above.

If I stayed away from wednesdays it would be better.

Is my logic totally flawed??

What got me thinking about this (because I usually just accept what is happening without getting too involved with the maths) was this handy little % calculator that I happened across.

http://math.about.com/library/weekly/aa061502a.htm

http://www.grandstand.com.au/master...retirement.html