darkydog,

Can you please explain how if a system has a longterm strike rate of 30% forever and a day and the average dividend is $3.00 - that is a loss on turnover of 10% - how you can stake it to strike a profit when the recognized maximum run of outs for the strike rate is 20 which can occur randomly and including the pattern 20 losses 2 wins 20 losses.

The only possible way to turn a profit would be to compound winning runs or sets of bets as I see it, but if you can think of any other angle I'd be keen to hear.


[ This Message was edited by: Equine Investor on 2002-11-19 17:07 ]