6th September 2004, 09:48 PM
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Suspended
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Join Date: Jan 1970
Location: Melbourne
Posts: 5,359
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Quote:
On 2004-09-06 15:08, moeee wrote:
This is the correct way to place your bets.
You have to assess what price you think a selection should be.How you do that is up to you.
You then wager the amount in direct proportion to your assessed price percentage.
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You divide the price you reckon it should be into 100.
That gives you the percentage equivalent.
For example you think a horse should be at $2.50 then 100/2.50 = 40%.
You then multiply your betting unit by this percentage.
So if my Bank is $10,000.And I think 2% of my Bank is a suitable betting unit,then 2% of 10,000 is $200.
And 40% of $200 is $80.
But you must get a price over what you think the animal should be.At least 15% over.So in this example,no bet below about $2.90
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