
23rd March 2012, 11:32 AM
|
Member
|
|
Join Date: Sep 2006
Posts: 1,070
|
|
Quote:
Originally Posted by Lord Greystoke
What in your opinion is a reasonable definition of the perfect betting system?
How will we know when we find one ie what to look for, how to measure?
|
How long is a piece of string? Everybody is going to give a different answer to these questions.
One feature of the "perfect" betting system is that it's returns must be relative to the amount of time spent producing them i.e. if I spend all of Friday doing form study for Saturday's meetings and then spend all Saturday working those selections, I'd expect my Saturday returns to be higher than if I simply employed a bot to pick all the selections and do the work for me.
The perfect system is one that doesn't lose money. Compounding does everything else. 
__________________
Pixie "It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
|