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  #621  
Old 10th March 2013, 12:38 PM
TWOBETS TWOBETS is offline
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Smile Don't think so UB

Quote:
Originally Posted by UselessBettor
That way the law of averages is working with your increased stake rather then against it.


It actually is irrelevant UB. The time to up the ante is when you know you have a winning system.
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  #622  
Old 10th March 2013, 12:55 PM
michaelg michaelg is offline
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Wink

UB.

I don't think I've mentioned it but I often increase the size of the bet after striking a loser if I'm at my computer. I've got no method to the size of the increase, just a gut feeling.

On Friday the method lost over $600 but with increased laying I won about $300, however it's nerve-racking, and yesterday I lost over $100 but ended up over $100 in profit. I have to tell myself that after about 3,000 selections the method is showing a healthy profit with a 98% strike rate, so that I don't feel too bad when increasing the bet size. Of course chasing losers could be a method-killer.
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  #623  
Old 10th March 2013, 01:25 PM
UselessBettor UselessBettor is offline
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Quote:
Originally Posted by TWOBETS
It actually is irrelevant UB. The time to up the ante is when you know you have a winning system.

It might be small in the long term, but pschologically I find it better to do it this way. Of course as you said if you do not have a winning system then there is no point uping the ante.
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  #624  
Old 10th March 2013, 03:33 PM
TWOBETS TWOBETS is offline
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Thumbs up

Quote:
Originally Posted by UselessBettor
It might be small in the long term, but pschologically I find it better to do it this way.


Yes, I understand your point UB.
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  #625  
Old 10th March 2013, 08:46 PM
michaelg michaelg is offline
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A good day - from the 27 selections there were 27 smiles for a profit of $397.65.
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  #626  
Old 11th March 2013, 12:05 PM
michaelg michaelg is offline
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Today's selections:


Gosford
3/10,16

Orange
1/7, 11
2/8, 9, 10
3/14
4/1, 8
5/5, 6, 13

Morphetville
7/14
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  #627  
Old 11th March 2013, 04:54 PM
michaelg michaelg is offline
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Angry

A losing day - there was one accident from the 14 selections for a loss of $861.68.

Whenever I'm about to regain the existing loss, up pops another accident and puts the method back into the red.
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  #628  
Old 12th March 2013, 12:18 PM
michaelg michaelg is offline
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Today's selections:

Mackay
8/9

Muswellbrook
5/2
4/1,, 2, 5, 6, 11, ,12, 14

Coffs
2/9, 10,
3/4
4/9
6/12
7/17

Terang
4/5

I am reducing the liability to $333 just as a precaution in case reality is finally catching up with the method.
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  #629  
Old 12th March 2013, 05:50 PM
michaelg michaelg is offline
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The 16 selections became 16 smiles for a profit of $165.90.
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  #630  
Old 13th March 2013, 12:18 PM
michaelg michaelg is offline
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Today's selections:

Sale
3/12, 13

Dombeen
1/3
5/3, 12

Narrogin
2/9
4/11

Launceston
2/7
3/3

Strathalbyn
5/7, 8, 9
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