14th December 2011, 01:01 PM
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Member
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Join Date: Jan 1970
Posts: 1,096
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Hi the Ocho,
As Shaun said, if you can work out your profitable races then you can avoid the losing ones and stop betting when at a predetermined profit.
Unfortunately for most punters the option is to keep going because you don't know where the profit is coming from.
I keep a most thorough and, probably too meticulous, record of my betting with knowing my strikerate number of outs etc, and I do stop when at a certain profit or loss, and even despite the most complete record keeping I still miss out on some winners, luckily not enough to make up for the potential losers but.
I'd say after a few weeks you can work out your average profit and then set a limit to profit-loss.
At the end of the day this is still a game of chance, actually made worse by the influence of human element.
Lacking complete records I would rather set a loss stop than a profit stop. Due to being a game of chance some days are not going our way no matter what.
Good luck
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