summary:
A minor correction,
Quote:
"The cost of bet 2, and it won, recovered the previous cost, and made me the target of 100"

No, it may have not achieved the target of 100, infact I was looking at the wrong column of the spreadsheet, the "what-if" column.An oversight. Aplogies to the purists, if due.

However,the bet proceeded due to the fact a profit could be reached with a runner paying as low as 1.90 had it won.
This particualr bet was not a risk,but bordered on the "bet" or "no bet" due to the fact it had a 1.90 selection, AT THE TIME OF SENDING THE BET.
Starting Price means very little to make calculations and comparison because in reality there is a space of time required to place the bet. So in my opinion many many calculations using starting prices may be,wrong?

A profit so far for the day was reach of approximately 30.00
The next bet is to make 70
Therefore, the cost would be much lower again.

To bet around 911 units, it depends on the size of the bank and what percentage of that bank one chooses to wager to make 1500 in my books.
Calculations tell me the bank would be around 20,000.00 to risk those amounts.

To start as small as targeting 100 per day, you would only may require a start bank of 1000 using a,"simple" system.

Selections,Staking Plan, and YOUR strategy.

[ This Message was edited by: puntz on 2004-07-22 17:07 ]