1st February 2005, 02:17 PM
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Member
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Join Date: Jan 1970
Posts: 243
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Quote:
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Originally Posted by Filante
One of my selection methods runs at about 100 bets per month/36% winners to runners/18% profit (more than 2000 to date).
Another runs at about 15 bets per month 50% winners and almost 40% profit. Interestingly, I've found that if you can find a method that returns 50% winners to runners and bet on it regardless of the bookmaker odds, the average price of the winners is always around $2.80...strange.
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With your first method just level staking $200 would turn over $20,000 per month and give you $3,600 tax free per month. Even with just another $200 on your other 15 bets per month you'd get another $1200 tax free. That makes $4,800 per month tax free. I guess you must be a full time professional living of the punt. Good on you, Filante. |