Thread: Berts stats
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Old 13th July 2002, 10:55 AM
becareful becareful is offline
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Join Date: Jan 1970
Location: Canberra
Posts: 730
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Dinodog - You can include the cost of the system in your "expenses" on Berts system so you will actually get $5 a day profit after paying for the system (don't spend it all at once!). The real hole in the system is that the upside is $5 per day but the downside is $1000+

Bert - Maybe you can enlighten all us experts as to how you have bypassed the laws of chance and probability and guaranteed that you will never have a day when none of your selections win? As I said on another post I could play roulette with a $5 daily goal for 9 months and there is a 25% chance that I would win every day - that does not mean that the system is foolproof and will keep winning - it simply means I was lucky. If I keep playing for another 9 months there is a 75% chance that I will lose. Now without analysing all your data for strike rate, bets per day, etc I can't tell you what your expected win rate per day is but at a guess it is probably between 97 and 99% (obviously days with fewer bets will have a lower win chance) - so 97 to 99 days out of 100 you will win your $5 but 1, 2 or 3 days you will lose everything. Now with those odds it is conceivable you could go for 9 months with no losses but you are living on borrowed time - sooner or later (and probably sooner) the winning streak will end and you will lose money.

Now I wish you all the luck in the world but it concerns me that you do not warn your subscribers anywhere on the site what their potential daily losses are if your system fails to find a single daily winner.
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