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#221
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There are many and varied ways of increasing your bets (if you want to and feel comfortable doing it). A few are: - Using a percentage of your bank - maybe changing it daily or per race. - Doubling your bank and then raising the bet but not by double - slowly reduce the % of bank your risking while, at the same time, increasing your stakes. There's many more.
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Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.” ― Earl Nightingale |
#222
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S.B,
the first day of the method was Friday 7 Dec, in which a profit of $50.74 was made but the very next day it suffered a loss of $45.94 resulting in an overall profit of $4.82. This is the date when the method has been at its lowest. However the method began a day earlier on Thurs 6 Dec for a profit of $20.10 which for some unknown reason I did not record here, so I've omitted it from the results. The method has from Fri 7 Dec changed slightly which purposely has made me less uncomfortable. T.O, I've today increased the liability to $66 per bet. For convenience I'm maintaining a multiple of $33 and will record the results as if the selections have been layed for $33, not $66. I know Maria limited the size of her daily bet according to her bank but she was laying on the exchange for a predetermined profit, whilst on S.P. it's a predetermined loss. However it currently interests me and will probably give it more thought. Today's selections: Gosford 1/8 6/10 Penola 2/3 6/4 7/11 Albany 1/6 2/8, 13 3/5 4/8, 9 7/10, 11 8/7, 10, 13 Sun Coast 7/10 Ballarat 2/8 3/5, 13 4/9 5/1 6/12 Last edited by michaelg : 10th January 2013 at 11:07 AM. |
#223
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I reckon doubling your profit and then also doubling the bet is not such a good idea.
Let's say you have a $300 bank and $30 liability (10% of bank). If you double your bank to $600 then I don't think you should keep laying at the same liability of 10% (in this case $60 liability). I would slowly reduce the percentage of bank your laying with until you get to 2% or maybe 5%. In the above instance I would start laying to say 8% liability of the $600 making each bet $48 liability. You are now raising your stakes but in a smaller proportion than your bank is increasing. As time goes on this would then give you more leeway by losing less of your bank should the method hit a bad trot. Anyway, that's my 2 bobs worth (which is about all it is worth)
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Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.” ― Earl Nightingale |
#224
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How about this for a new turn on an old turkey...
1. Double the bank: 300=>600 2. Take 50% profit off the table = 150 3. Stake / Liability up 50% => 45 A bird in the hand and a better crack at the bush? LOL !! LG
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The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB |
#225
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#226
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The only thing is you are still risking the same percentage of bank. Unless of course you count the $150 as the start of a second bank in case the first should fly away.
__________________
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.” ― Earl Nightingale |
#227
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Yes, still 10% of bank but at least not double the original bet which was your initial concern. You being pretty slick with the 'double-barrel bank trick', what might your suggestion be in this respect? Perhaps for Plan B... 1. Double the bank: 300=>600 2. Split into 2 banks(1 Reserve) and back to step 1 3. If we double again, split again and take 1 bank off the table 4. if we loose the bank, Reserve kicks in and it's back to step 1. A double play keeps the reeper away? LG
__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB |
#228
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Sounds good but I actually like the 450 / 150 one better. That way you are at least raising your stakes but, at the same time, starting your reserve bank to flourishing.
__________________
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.” ― Earl Nightingale |
#229
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More of a capital = build the stack man,
Rather than income = take some profits? Flourish rather than nourish? LG PS did you end up shipping in that new kitchen gadget?? Recently I had the pleasure of taking 4 x $100 lots off the table and actually spending some of it on a mini trip with the missus plus some left to go again. Money well spent and gives me a little more length on the rope connected to my dog collar etc etc
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The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB Last edited by Lord Greystoke : 10th January 2013 at 02:44 PM. |
#230
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Very nice LG. In the good books has gotta be better than the opposite. Yes. I got the dishwasher but now we have put in an insurance claim for the water damage which has been accepted however I may probably now need to pay the excess of $200 and you can guess where that will be coming from.
__________________
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.” ― Earl Nightingale |
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