Thread: WTA
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  #136  
Old 20th May 2005, 10:14 AM
Macca Macca is offline
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Join Date: May 2005
Posts: 34
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Quote:
Originally Posted by Marco

One thing with these tips is that they're only of any real value over the long-term. A 16-month history suggests the current 12-13% ROI is a realistic return so there's not much chance of being an 'overnight success'.

Good luck with the punt.
Marco, Great work. Do not sell yourself short. On your 16 months statistics, you are sitting on a potential cash cow.
If we bring your 16 month total bets of 1500 back to a 12 month average of 1125 bets you will soon see why.
At a paltry $500 per unit (playing one unit per play), you would generate $562,000 per annum in turnover. At a ROI of 12%, a profit of $67,500 would result.
Your high strike rate ensures that a "Risk of Ruin" is negligible if you started with working capital equivalent to 40 units or $20,000.
Now most of the "mugs" on this site would have to agree that $67,500 tax free per year is not too shabby at all. The problem with most on this forum is that they would not be prepared to put up the $20K in the first place and if they did, they would probably not have the intestinal fortitude to keep placing $500 on EVERY play especially after the inevitable "losing sequence" kicks in.
I have been lurking on here for a while and I must say it is refreshing to see posts of your calibre. I rarely post because I'm not into "free tips competitions", and tips like "I think such and such is a good bet" when there is no logical backup to the accompanying statement. I think I recall on the AFL forum someone said he thought a certain team would win the flag and then proceeded to tell us he had never seen them play. Give me a break!!
Your posts are truly logical and give the reader some insight into why you are picking a certain player.
Keep up the tremendous work.
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