|
|
To advertise on these forums, e-mail us. |
|
|
Thread Tools | Search this Thread | Display Modes |
|
#1
|
|||
|
|||
Can this work?
Hi all
I have been a member of this site for a few good months now and have been involved some awesome discussions and met some really great members through those discussions. But I have been playing around with systems on paper for over 10 years, on and off for months at a time. My true goal is to find 4 systems that can return $10 average every time I run them with the intend that if 2 of them fail on any 1 day, I still make $20 profit for the day. This should be based on a POT of around 25% each, so invest $40, make $10 on each. To date, I have found some cool systems but I just cant seem to get them to return 25% profit consitently enough or at all. So, do you think this is possible? Or is the golden egg most punters are chasing? Is anyone actually making a nice regular and consistent profit? |
#2
|
|||
|
|||
BTW, I am not giving up. Just expressing a few words of frustration in an attempt to see if I am on a path that is actually attainable.
|
#3
|
|||
|
|||
If you ain't managed in 10 years , you probably same as everyone else.
I ain't managed in 30 But then again, some people look for ghosts. Others look for alien Life Forms. Some for GOD. A lovely woman. Its just the way things are - some things plainly don't exist. |
#4
|
|||
|
|||
Yes I haven't
Hi Max,
Can't shed any light on your 25% systems sorry. To me 25% would be a total impossibility. What I did want to say was what I was trying to steer another great forum member towards. If you're after consistency then I believe this goes in reverse probability to dollars earned. I strive for consistency always and on weekly basis am always ahead. Perhaps you too could trim your wager numbers down to just the cream and concentrate on a proper % of bank staking plan. I believe as long as you keep tweaking around with different systems your bank will have no stability.
__________________
"Not winning on a horse that came first is one thing.....Losing on a horse that didn't come first is something else entirely!!!" |
#5
|
|||
|
|||
I would agree with Twobets that you need to aim for a realistic amount, like 10% pot so if you bet 100 you want to get back 10, this may bot sound like much but if you could get this on a weekly basis as an average then you can double your bank every 7 weeks.
I don't see any issues with running a couple different systems would be like a portfolio but you don't want to be committing to much of the bank on any given day, so you would want each system to be picking 4 or 5 runners each. Set your bets to a percentage of bank say 2% with the view to adjusting this at the end of the day, some say you should adjust after each bet but i find this can have more bad points than good unless you are hitting 50% or going after very short prices. |
#6
|
|||
|
|||
A very safe method, is betting .5% of bank.
Re-adjust bet up or down at the beginning of each new day. The magic figure is 3.5% a day is possible if you know what you are doing. 1-1.5% is more achievable ,if betting every day It starts getting really hard to win more than 5% a day on an ongoing basis . Go for any greater than 5% & one will usually find that they will give all their profits back & some. So don't be surprised if you gets bit going for more on an on going basis.
__________________
Cheers. |
#7
|
|||
|
|||
Wow! Thought I would have had a much more positive response. I thought 25% POT was moderately achievable for the determined punter. Not that I have been able to do it yet. Now I feel really deflated. My goal was to make 50 a day regularly.
But then I suppose those who may actually be doing this and more prob keep their mouths shut for whatever reason. Looks like I need to take a break for a while. Should anyone wish to tell me their story less publicly, feel free to drop me a line at max stuff 09 @ gmail . com |
#8
|
|||
|
|||
G'day max, I felt compelled to respond as I have been chasing the golden egg for many years, it took at least 40 years to finally accept that "Target" or cover to win , or stop at win, IN THE LONG TERM is NOT the way to go. It does work for a while , and can work for a LONG while but always in the end mathes will cut in and clean you out, winnings and banks galore.
I still can't really call myself a "PROFESSIONAL" punter as I do not derive all my income from the punt, BUT I do aspire to that , and for the last 5 years (out of 48 years punting) I HAVE made a profit. In my case I am very happy with around 4.5% on turnover, but I would quickly say that, I only HOPE that will continue, I hope ,but I don't really know. If I could stick my neck out, I would say that 25% POT is a total pipe dream. If anyone is achieving it LONG TERM then they have privy to info that I definitely don't. Now having said all that I have shown at least twice on this forum, that with determined staking you can turn a profit. I have said several times that nearly all systems "work".......... but not all the time, (the knockers refused to acknowledge that I added that bit) What I am getting at, is there is a case for following a systematic approach with an aggressive staking plan, a "making hay while the sun shines attitude" i.e. you know it will fail eventually BUT you are risking a given amount chasing a freak run that you can capitalise on. another way of thinking!! |
#9
|
|||
|
|||
I'd be happy with 2% !!!!!
Currently 1.65% this year. |
#10
|
|||
|
|||
Long term (last 6 years) I am at 7.9% POT. If this continues I will be more than happy. I must say also it took me 20 years to get to this stage.
|
Thread Tools | Search this Thread |
Display Modes | |
|
|