15th September 2012, 10:35 PM
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Member
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Join Date: Aug 2010
Posts: 1,037
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Am I wrong?
I'm just having a bit of a read of that book myself and I reckon his stats are a bit iffy (not that I'm a mathmateece).
He reckons faves win around 30% of the time (granted) but then he goes on about using martingale based totally on the 30% average however he then says not to bet anything under $1.90.
Maybe I'm wrong but if you exclude the odds-on faves then surely the 30% strike rate would come down heaps - surely to even less than 20% thereby making his system based on a 30% strike rate as useless.
Lucky I only paid $0.00 for that one.
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Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”
― Earl Nightingale
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