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Old 2nd March 2003, 03:28 PM
cameron398 cameron398 is offline
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Join Date: Jan 1970
Location: TAS
Posts: 33
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I find it interesting that many punters pursue great profits only to suffer great losses in the process of doing so. There may be smaller, perhaps more refined (or successful) groups of punters who recognize the smart profits to chase are the small percentages that are more likely to be won.

So lets say for a minute that I have devised a method of investment where in tightly monitored testing I have achieved a 14% (or more) return on turnover for well over a year.

Most of you would already know it but below I want to highlight the reason many people pursue a successful system of gambling:

Bank interest on savings pales into insignificance when you look at the overall potential of a gambling machine that produces 14% on turnover. Not starting bank, but turnover.

In other words look at the following illustrations:

1. Bank account opening balance $30,000 with 5% interest.

Closing balance a year later $31,500 less bank fees and charges.

2. Gambling fund opening balance $30,000. Same money turned over many times during a year resulting in turnover of say $300,000 with 14% return on turnover.

Closing balance a year later $72,000 ($30,000 plus $42,000 winnings)

Based upon the above – I can see why so many of the punters on this forum put many, many hours into developing methods of investment on the horses.

If I was to start real investments tomorrow and turnover say $50,000 over the next twelve months and assuming (based upon research) a 14% return then I would generate the princely sum of $7,000 tax free.

Theoretically this return could be achieved with a small starting bank, the large turnover coming from the same money being won and lost regularly.

In practice on the road to reaching this return there may be a bad losing streaks where losses were incurred to the extent where the bank was exhausted.

As successful as my method may be the possibility of the loss of entire bank would remain present. After all, this is gambling. So lets say I wanted to derive a more generous tax free return of $50,000 per annum. Then the turnover would have to be in the order of $350,000. That is a lot of turnover by most people’s standards. Again however it is not such a fearful amount when you are reminded that you theoretically may be able to turn over a much smaller bank many times in order to reach the total turnover.

The above serves to illustrate that to achieve a significant return on investment even with a “successful” method, large starting banks may be required and should be on hand before commencing.

So having said all that I now ask you, the members of this forum. Where do I find people with the blind faith, outrageous optimism or who just have more money than sense to invest in something like this?

I intend to form a syndicate. How large you say? The skies the limit! I have considered advertising in racing publications. I have considered placing an advertisement on this site detailing some specifics. I have considered “lurking” around the betting areas of my local casino to identify potential investors and then making direct approaches. I have considered directly approaching business persons who have ties to the racing industry. I have considered approaching business persons who are purely investors with no ties to the racing industry. I have considered approaching venture capital organizations (although may be laughed at by them). I have considered all these things. I may yet proceed with all these things.

In the meantime, I wonder what ideas some of you may have on this topic? How do I find the investors?



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