
24th March 2004, 05:32 PM
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Member
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Join Date: Jan 1970
Location: Sydney
Posts: 114
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Not sure who has seen this but found this article on the Sky Channel website for Valuebet...
SUMMARY OF FIRST YEARS RESULTS
12/2/2003 TO 11/2/2004
(Saturdays and National Public Holidays)
Results are based on a wagering strategy first outlined in a metropolitan daily newspaper in April 2003.
Whilst it would have been easy to show successful results by selectively interpreting past results, to maintain integrity we have used the same methodology outlined in the newspaper article.
Value Bet does not advocate any particular approach to using selections. That is the client's decision. You may prefer win bets only, or even place bets.
The survey assumes a $100 win bet on each race where Value Bet selections are available.
If there is one Value Bet selection the bet is $100 win. If there are two recommended the bet is $50 win on each. If there are three selections the bet is $33 win on each.
For multiples the survey assumes an additional investment of $100 in boxed trifectas, i.e. a total investment of $200 per race.
Win selections are included in every box trifecta.
For example, if the Value Bet selection is no. 1, and for multiples add 2, 3 and 4 we take the following boxed trifectas:
1 2 3
1 2 4
1 3 4
But not 2 3 4 because the win selection is not included in this combination. Where there are two or more win selections at least one of them is included in each trifecta box.
SUMMARY
Results are based on Saturday and Public Holiday meetings as pools are largest and least subject to being affected by Value Bet wagers.
Opening Bank: $2,000
Trading Profit: $27,832
Cost of Calls @ $4.40: $4,675
Annual Profit: $23,157 or 1,157%
It must be stressed that it is not possible to guarantee that this profit can be maintained in the future.
Makes you want to sign up doesn't it?
Luckyboy
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