Thread: Tipster's Plan
View Single Post
  #9  
Old 29th June 2005, 09:29 AM
Hammers Hammers is offline
Member
 
Join Date: Jan 1970
Location: Sydney
Posts: 148
Default

Zlotti,

Whilst I agree that Benny's plan is flawed, I don't think your maths re his potential profit is correct.

From the stats he has presented he is having around 200 bets per month. If he has a bank of $2500 and is betting 1% of the bank per bet, he is betting $5000 per month. If his POT is 4% he makes $200 in the first month or $2400 in a year - he has practically doubled his money. If he chooses to increase bets as the bank grows, he will obviously make more.

The beauty of a "high action" betting strategy is the turnover. Even a modest return of 5% POT is lucrative.

I doubt the long term prospects of his plan based on the tips of a journalist very strongly but if one can find a method that plods along at 5% and provides a reasonably large amount of wagers, you'd be rich.
Reply With Quote