
21st July 2004, 06:47 PM
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where's the profit ?
Bet 1, OK, messed it up cos was type error,but in reality it lost.
The goal is to make in this instance 100 for the day. It can be 500, or 1000, but for simplicity, let's call it $100.00
The cost of bet 1 was approx 55.00, depending which market you choose to bet with.
The selections should have been 11-8-1, 6 came up as the 4th selection but I seldom do 4 selections in one bet.
Bet 2,we still wish to make 100, plus the cost of the previous bet.
so the target is 155.00
Simple arithmetic.
The cost of bet 2, and it won, recovered the previous cost, and made me the target of 100
Bet 3, I lower my target because I won FOR THE DAY ! and was in profit. So bet 3 in fact would have costed me no more than 20, depending on what I choose to make.
The moral.
It's basic arithmetic to create your own staking method. I use 3 runners cos logic says I have 3 chances instead of 1
Perhaps I can just use 1 selection, I know I can. But I am not out to get the winning horse, I am out to profit by winning a race, no matter what runner wins,if it's in my selections,it does not matter, it will profit.
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