14th March 2005, 03:52 AM
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Member
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Join Date: Jan 1970
Posts: 4,432
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Partypooper,
Consider this, 3 x $1000 bets, 2 x losers, 1 x winner @ $3.15c, would you consider this as good business??
Yes, providing this sort of strike rate and return is sustainable.
It all comes down to research and data in my opinion.
If there is sufficient bet history to be confident in a longterm result, then yes 5% POT is very good business.
Put like this, it makes you realise that the PROFIT is basically in the price obtained, even for the BEST players in the land!!
Perhaps the best advice on this forum for a very long time.
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