as i said - if you can maintain anywhere near 16% POT you are in the top 1% world wide.

or else you work for BC3 investments and we all know happened to them

A sobering thought. Assuming the mark is reached, even being in this 'upper echelon' would return next to nowt unless you can...

1. muster a considerable turnover AND
2. get on without getting knocked off - out by 'the house'

?

Cheers LG

__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB

at 16% the TO and thus the return can grow quite quickly by itself.
e.g.
setup parameters:

1. bank 200x
2. 110 bets per month
3. increase bet after each month to 1/200th of bank.

if everything goes according to plan the results would look like this:


M bank bets bet % profit bank
1 200 110 1.00 0.16 18 218
2 218 110 1.09 0.16 19 237
3 237 110 1.18 0.16 21 258
4 258 110 1.29 0.16 23 280
5 280 110 1.40 0.16 25 305
6 305 110 1.52 0.16 27 332
7 332 110 1.66 0.16 29 361
8 361 110 1.80 0.16 32 393
9 393 110 1.96 0.16 35 427
10 427 110 2.14 0.16 38 465
11 465 110 2.32 0.16 41 506
12 506 110 2.53 0.16 45 550

so after 12 months assuming the 16% POT
a modest bank of 2k and a an initial bet of $10 each you are clearing 450 per month.
end of year 2 1200 per month etc. etc.

sure - there would be some dry runs which is why you have bet size 1/200th of bank

that why i say you would be in the top 1% WW if you can garner a consistent 16%.

People who do this caper for a serious living get about 5%.
they would like more but that what they get i believe

Aussie, what sort of criteria would you say you'd need to achieve to establish eligibility for the 1% 'club'? 12 months of meeting or exceeding 16% POT on a monthly basis, or longer? And then I guess the ability to prove it with bookmaker/tote records?

well as is all things punting it is secretive.
so there is no actual club.

from an individuals punting perspective though i think i would like to see around 18 months of fluctuating returns that finished with a POT of >10% or as high as you can get.

In that period you want to see bad times and recovery periods and you don't want to rely on back fitting.

Hey aussie,

12% on T/O looks interesting, if somewhat elusive i.e. the stake doubles after 12 months. It's full of assumptions and comes with a 'sniff of utopia', but food for thought in any case. Works out at approx 25 bets per week.

Cheers LG

__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB

Well book the Hall for July 1 2014 at the Surf Club, pre order the kegs and prawns, dust off the red carpet, tee up the gold leaf signwriter and get ready to induct a new member for the One Per Center's Honour Board.....lol, coz I've averaged 10.8% POT for the last year.....hooray!! (fully verifiable)

If you get >12% can we get some "dancers" or even some friendly courtesans

serious comment later - i've gotta zip.

I survive on just under 2%.
Strike rate a comparatively low 71% this year.

That works out to be an average Divi $1.43.
that's tight and would put a lot of pressure on the selected betting house /method that you chose as even an improvement to $1.5 would 3x your POT.