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Old 12th May 2002, 02:03 PM
becareful becareful is offline
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Join Date: Jan 1970
Location: Canberra
Posts: 730
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mpunting/bhagwan,

Yes I do bet but no I am not willing to share my system at this point for a number of reasons:

1. I am still working on it - at the moment it is returning about a 10% return on bets placed BUT I have only been using it live for about 6 weeks - I am well aware that this is not sufficient to prove that the system works rather than me just being lucky.
2. A lot of the system is based on statistical analysis and mathematical theory - it seems a lot of people here would not understand that since they cant grasp the simple concept that a staking plan can not turn a losing system into a winning one.
3. I have spent approx. 9 months so far working on this (not full time!) so I am not going to just give that information away to the first person that asks.
4. At this stage I am betting with the TAB - as I have said before anyone who shares a TAB based system is a fool because you will destroy your own system (not so bad if you are betting off-shore like EI - if we bet his system on the TAB it doesnt affect him at all)

PS. No - I have no intention of selling the program I am developing - if it works I will use it myself.

My only intention with the posts I have made is to warn people that some of the ideas expressed by others should be treated with extreme caution. I have no problem with people using whatever schemes they want to for fun but it seems to me that there are quite a few people here who think they can make a lot of money without putting in the work to learn a bit about mathematics/statistics, how the TAB actually works, what the different race gradings are, how handicapping works, etc. This is like expecting to make a fortune on the stock market without knowing anything about shares, dividends, etc (just buying shares with an "A" in the name and if that doesn't work then buy twice as many B shares, etc)
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