21st May 2013, 10:40 AM
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Member
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Join Date: Mar 2013
Posts: 333
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To me you should Measure your betting success by focusing on betting bank growth.
The formula for calculating your betting bank growth ratio is:
Your Profit $ / Starting Bank $ = Betting Bank Growth Ratio
Understand that an effective betting strategy is one that delivers a balance between the volume of bets you have and your betting edge over the marketplace (your expected profit on each dollar wagered).
Ultimately your actual real dollars profit as a punter is the measure upon which you should judge yourself.
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Regards
Paul Daily - Ratings2Win Pty Ltd (Director)
R2W Axis - Axis is Australia's leading horse racing software and database; with sophisticated form analysis tools and accurate performance ratings that include Hong Kong.
http://www.ratings2win.com.au/
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