Darkydog - A system doesn't have to be based on class/weight ratings to be profitable!

As to the question of why purchased systems are not profitable there are a few different reasons (in my opinion):

1. A large number (but by no means all) are simply ********** where the people have developed something with the sole intention of flogging it off to the suckers to get their money.

2. Some systems are developed/sold by people with good intentions who honestly believe they have found a working system but either they don't understand statistics well enough to realise that it will fail in the end or it is developed using a flawed methodology (most commonly designing the system rules to fit past data)

3. A small number of systems do genuinely work but whether they continue to do so will often depend on how many people are using the system. All systems will have a maximum level of betting they can sustain - if this is exceeded then they will start to lose money.

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"Computers can do that????" - Homer Simpson

[ This Message was edited by: quapi on 2003-01-07 20:59 ]