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.

 
 
Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #25  
Old 13th February 2013, 01:00 PM
Rinconpaul Rinconpaul is offline
Banned
 
Join Date: Feb 2013
Posts: 755
Default Reply to Speedyben

Sorry mate, I guess when I said it was dangerous, in hindsight all betting is. You can go broke just as quick backing even money Fav's as laying 15/1 shots. It's all about Lady Luck. For instance backing $2 horses for a win says you have a 50% chance of winning, but the maths says you could have a losing run of up to 10 before that next win. Laying a 15/1 shot the percentages say you have 94% chance of winning, but there's no guarantee that your next loss might occur in 10 bets time followed by another 5 bets later. So its all about having a staking plan to recover losses and save you long term. Keep doing what you're doing if it works for you. I just hate laying anything over $6.50, it's just what you feel comfortable with.
Reply With Quote
 


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 03:35 AM.


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