
15th June 2010, 12:56 PM
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Member
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Join Date: Sep 2009
Posts: 1,044
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I like your style bobbydazzler!
Your comments remind me of the great Bart Cummings when he said; "Patience is the cheapest thing in racing but most people don't use it"
Before reading your post, I was going to suggest having your main bank set at level stakes of 1.5% and having a smaller bank and start at say %5.
The idea was thus for the smaller bank:
Every time your bank increases by 50%, you add another .5 of a percentage point to safeguard profits.
E.g. initial stake set at say:
5% --> bank increases 50% --> New stake =
4.5% --> bank increases 50% --> New stake =
4% etc.
until you get back down to a desired safe level, say 1-2%.
It's a way to turbo charge a bank at the beginning and safeguard profits should the good times roll. You could start with as little as $100 and really get aggressive depending on your strike rate/average run of outs etc.
On another topic:
I also have a question, can you recommend any of the books you have read regarding the mathematics of betting? I'd really appreciate it!!
Best of luck bobbydazzler, it sounds like you've got everything pretty sorted.
The Schmile
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