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Old 7th October 2005, 07:59 AM
w924 w924 is offline
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Join Date: Jul 2005
Posts: 256
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Hello Crash, thanks for your reply to my post. Drivel eh? ... you smooth talking devil LOL.



Perhaps I have not explained myself well enough. The premise of your original post was :



My point here is to refute the the belief that most punters here [or anywhere for that matter], punt to win money. The love of the sport and any other reasons are secondary. It's a nonsense. Profit comes last for most punter's reasons for punting.

No one will argue that really, because we all know that a very smnall percentage of punters actually punt for a living. It's a given that everyone here knows full well.

Your argument re smaller number of bets versus larger number of bets..still does not stack up in my view and in my reply I wrongly assumed that you would agree that a professional punter backs to a percentage of his working capital.

Now, given that a professional punter bets to a percentage of his working capital, (and bets in units) my comments about high bets high turnover low profit percentage versus small number of bets, low turnover high percentage profit on turnover stack up completely. Surely, anyone who has actually done this for a living will agree with me. i.e. the unit amount is the same for both methods.

If one bets the same perecentage of bank in both methods, all of my earlier comments ring absolutely true.

If I could cut and paste my two methods (which I cannot) you could clearly see how the high bets, high turnover, low strike rate, low profit margin generates more actual income for me than my low turnover, low number of bets ,high strike rate, high percentage profit margin method does.

Do you agree? It doesnt bother me if you dont. I have lived that life of professional punter and I know full well that I need both plans to survive in comfort. It is al;l about spreading the risk and evening out the lean periods that every method endures at some point..

I trust that you will enjoy your holiday. Have Fun
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