21st May 2013, 10:55 AM
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Member
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Join Date: Mar 2012
Posts: 1,237
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Quote:
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Originally Posted by PaulD01
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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Not sure why you need to further complicate things here? You are merely re-labeling ROI or ROC.
Regards the relevance of using 'investment jargon' when it comes to the punt and regardless of our differing methods / approach, most of us are investing capital to generate positive returns and thereby increase the initial amount, surely??
LG
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The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB
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