Thread: value (again)
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Old 20th December 2004, 08:59 AM
syllabus23 syllabus23 is offline
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Join Date: Jan 1970
Location: newcastle nsw
Posts: 436
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I just felt the need to wrap this thread up and I've tried to attach my current dutching account to prove the authenticity of my betting activities.However the dutching program that I use resists all of my attempts to paste and copy etc.

So,comrades,you will have to accept my integrity on this one.

You will see from the included figures that I am a small time hobby punter.My bets rarely exceed $20,I'm well over 60yrs of age and quite frankly I'm just cruising down to the winning post,I dont need the pursuader applied to my ass at this stage of my life.

I'm a "target punter" and "rule off" and start again when I have achieved my current objective.
This current account started last friday 17th Dec 04.The account summary reads like this.........

No. of bets 36
No.of wins 22
Strike Rate 61%
Av Divs. $5.64
Starter Bank $500.00
CurrentBank $764.20
Amount Bet $727.00
Return $991.20
Profit $264.20
Return on Investment 36.34%

That is three days punting.I usually back three horses a race and manipulate saver and win bets to my best advantage.I might add, that from time to time I will back four horses,sometimes two,and frequently use the favourite as my saver bet.But not always.The 61% strike rate is similar to most punters expected rate for place betting,and for three horses a race it kinda makes sense that it would pan out along similar lines.

There is nothing unusual about the above results.Lolol it's not a "golden weekend" or anything like that.You do need a good commercial dutching program,the free ones just dont cut the mustard.You can also see that with 36 bets that I'm a busy old **************.

The above report is copied directly from the programs betting summary and the arithmetic doesnt really make a lot of sense until you consider that it takes into account the multiple betting nature of dutching.

I have messed around with dutching for years,but I found that trying to do the necessary calculations "quickly" on a pocket calculator continually frustrated me.The technology available today is a gift from heaven.

I'm not trying to sell anything.Just saying to new or young punters "don't dismiss this out of hand" it works. Good luck,, good punting....
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