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  #11  
Old 9th August 2015, 10:29 AM
UselessBettor UselessBettor is offline
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Yep dutching doesn't work

To prove it doesn't work I will post my figures since the start of Aug 2014 (which is the last 12 months) till the start of August 2015. I have more data but the stats are the same pretty much each year.

12 months made a profit from 12 months
39 weeks made a profit from 52 weeks
319 days made a profit from 365 days

Overall a large profit on the starting bank size of around 180%.

Of wait ... dutching does work. Will I share how I do it. No I am not stupid enough to give away my edge.
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  #12  
Old 9th August 2015, 10:46 AM
Puntz Puntz is offline
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Never said or meant to say it does not work UB,
the technology at the time changed for the data source input.
What I posted is not the edge, if that's what your implying ?
It's simply a strategy of money/units of management, not selection method,
( the method of selection was already posted and I take it as an example)
Only selection_method is edge ?
Strategy of how to bet on the method is edge or not ?

The Favorite_Ascending/Descending method of selection, is a beginner's method,( programmer's dummy selection_method while he/she fixes a glitch), good for discussion without saying too much.
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  #13  
Old 9th August 2015, 11:45 AM
Puntz Puntz is offline
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OR, is it when something is posted and it hinges on the fringes of discovering a known successful method, one tends to thwart this direction for fear of another's earlier discovery of the same/similar ?
After all, a logical a mathematical path of A without a fixed time frame will eventually meet B if it has a common goal, Profit.
Puts a twist in the old saying, "neither the twain shall meet", but it actually does.
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  #14  
Old 9th August 2015, 07:47 PM
UselessBettor UselessBettor is offline
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Quote:
Originally Posted by Puntz
Never said or meant to say it does not work UB,
the technology at the time changed for the data source input.


no probs puntz.

I would say money management is also part of an edge although I am not talking about using martingale systems. I think most people bet too much of their bank. I use a strict 3% max rule of my bank and my usual bet is less than 1%.

Too many people overbet and get disenchanted and leave a successful method/selection technique because they can't handle the losses.
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  #15  
Old 10th August 2015, 08:13 AM
Puntz Puntz is offline
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Quote:
UB :I use a strict 3% max rule of my bank and my usual bet is less than 1%.


Most definitely, even less than 1% in some cases.

I'm not sure what the name of the strategy is called that was tried, where you mentioned martingale, in reference to lower the prices before the hedge calc by a variable percent ?
I have not seen this or able to recognize by cross reference general mathematical examples/searches on the net, I observed it was what was suggested, lower the prices before the hedge calc by a variable percent, as a form of managing Cost of the proposed bet, hence Value, ( that word again !)

Cheers
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