Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > Horse Race Betting Systems
User Name
Password
Register FAQ Search Today's Posts Mark all topics as read

To advertise on these
forums, e-mail us.

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 19th March 2003, 07:02 PM
Shaun Shaun is offline
Member
 
Join Date: Jan 1970
Location: Western Australia
Posts: 3,408
Default

Here is something to think about

Punter A: has $1000 goes to the tab has 5 bets consisting of $1000 each walks out of the tab with $2000 profit=$1000 T.O.P 20%

Punter B: has $1000 goes to the tab has 1 bet of $1000 walks out of the tab with $1500 peofit=$500 T.O.P 50%


Question: who is better off Punter A with more money or Punter B with bigger T.O.P
Reply With Quote
  #2  
Old 19th March 2003, 07:28 PM
partypooper partypooper is offline
Member
 
Join Date: Nov 1999
Location: Western Australia
Posts: 2,418
Default

Just do the maths again after say 100 bets!!

The answer will be VERY obvious.
Reply With Quote
  #3  
Old 19th March 2003, 08:25 PM
becareful becareful is offline
Member
 
Join Date: Jan 1970
Location: Canberra
Posts: 730
Default

Answer: Neither - they are both losers. Anyone who walks into a TAB with $1000 and puts it all on one race will certainly lose everything very quickly! :smile:

If your question is which is better a system that gives 1 bet per week for 50% average POT or 5 bets per week for 20% average POT then personally I would probably take the system with more bets but lower POT (unless the single bet system had a very high strike rate). The higher number of bets will allow you to make as much or more money that the higher POT system but should give a more consistant weekly profit. Then again, being greedy, I would probably use both! :smile:
__________________
"Computers can do that????" - Homer Simpson
Reply With Quote
  #4  
Old 19th March 2003, 09:44 PM
Bhagwan Bhagwan is offline
Member
 
Join Date: Jan 1970
Posts: 2,428
Default

I feel the answer lays in how long does it take to double my bank .

& to that usually requires turmover .

No point in making 200% POT if there is only one bet a year.
__________________
Cheers.
Reply With Quote
  #5  
Old 24th March 2003, 02:54 PM
Shaun Shaun is offline
Member
 
Join Date: Jan 1970
Location: Western Australia
Posts: 3,408
Default

Sorry if i confused anyone with my post....the point to my question was that most people say you need a good T.O.P to make money...in the example it shows that the lower T.O.P made more money, this is not any system just a question thats all the amounts of money or the bets are of no importance other than to show the example....tell me this what is more important to you T.O.P or real profit
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT +10. The time now is 05:32 AM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655