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Old 2nd December 2005, 08:52 AM
crash crash is offline
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Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
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Morning Stebbo,

I don't think there was anything untoward in that thread. I added no more, but perhaps JFC added something 'colourful'[?], or management misinterpreted some of the posts in it being something other than friendly tongue in cheek banter. I suspect the latter.

You wrote,
"The only reason I can increase the number of bets and the bet size I've made is by being profitable. I do not claim to have made 100% profit each year though... Far from it".

For about 95% of punter's, turnover comes from capital [any capital], not just betting banks which can and often are just topped up from capital. I take your point as meaning what it says for your situation.

With regard to the main subject and to gain a better perspective of it [unlike JFC, I'm easily dazzled by too much maths.] from your point of view, lets talk totals, as you use lots of systems and I'd rather not get lost in cherry picking exercises.

Your total outlay and total return % [all systems combined] displays a more meaningful figure. I think you stated elsewhere your overall SR was 20 point something % ? Average price returned ? 2nd. year, 3rd. year [forget 1st as it was a part year, getting it together period say]. Keeps everything clear and simple rather than opaque.

One advantage of handicapping we can agree on. Handicapping doesn't "fall over" [I don't mean runs of outs that both handicapping and systems have]. That is something of a major concern with systems and we should call that 'Disadvantage [I] to Systems, Advantage [I] to Handicapping so far [Score 0-1]. Handicapping [should] improves with age, systems sour.

It is generally impossible to determine if/when a system has gone pear shaped, or is having a run of outs. All profit [and more] can be wiped out in those situations before the offending system is dumped.. That point could be debated re. money management practice, max. draw-down calculations etc., but a possible [Score 0-2] there.

Your serve.
Regards, Crash.
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