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.

Reply
 
Thread Tools Search this Thread Display Modes
  #21  
Old 29th March 2006, 07:22 AM
crash crash is offline
Suspended.
 
Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
Smile

All nice theoreticals chaps, but even though Mannygeese's point about bank interest might have been a bit of the mark about capital, I think all the system clappers here are a bit off tap too.

OK the talk here is $100 bets and 2% of bank or !% was also mentioned for safety reasons. Show me a 1% membership here who has a betting bank [only] of $50k for 2% bets or $100k for 1% bets and I'll run down Bourke street naked !

In fact there would be very, very few punters here except perhaps Chrome, Party and probably Bagman [all the sensible and timid punters ;-)] who have a betting bank at all with much in it even if they do have one. No one leaves big amounts of money like that sitting in a special 'punting bank' only account unless they are a serious Pro. Punter [who are generally already rich from inheritance or business] or a fool. $100 bets[?] yep, lots here can afford those, but not representing 1 or 2% of any punting bank a few punters here might have. I like 99% of all punters don't have one. I bet from capital I can [mostly] afford to lose. Nothing else.

Most punters have stuff all 'punting bank' and bet by the seat of there dacks from what they can afford each week for punting [and from the rent money for the real desperadoes]. I have never in my 35yr. punting life [in the real world] met a punter who has a dedicated 'punting money only' bank big enough to do even 2% of bank bets that would make up a $20 bet let alone a $100 bet. They mostly bet from what they can afford each week.

Even the rich mostly use general capital for punting, not a specific 'punting bank'. Well off Pro. punters, sure. Everyone else: $50k to $100k punting banks? Give me a break, I'm killing myself laughing:-) lol lol

Anyhow, feel free to fib. and disagree with me. This is cyberspace after all and not the real world :-)

Last edited by crash : 29th March 2006 at 07:38 AM.
Reply With Quote
  #22  
Old 29th March 2006, 07:38 AM
Duritz Duritz is offline
Member
 
Join Date: Dec 2004
Posts: 956
Default

lol. Fair points, and though I won't fib and say I have a 50K punting bank, I certainly well and truly fall into your "never in my life" category. And I do have a dedicated punting bank. (Built by winnings)
Reply With Quote
  #23  
Old 29th March 2006, 08:06 AM
crash crash is offline
Suspended.
 
Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
Smile

....and how much would a 2% bet be? :-)
Reply With Quote
  #24  
Old 29th March 2006, 08:09 AM
Duritz Duritz is offline
Member
 
Join Date: Dec 2004
Posts: 956
Default

Though that would be "telling" a 2% bet would be a little more than what you said when you said an amount directly before the amount which was the let alone amount.
Reply With Quote
  #25  
Old 29th March 2006, 08:12 AM
Duritz Duritz is offline
Member
 
Join Date: Dec 2004
Posts: 956
Default

lol i've confused myself there. Let me start again. If I were to bet 2%, my average bet size would be about $100.
Reply With Quote
  #26  
Old 29th March 2006, 08:31 AM
crash crash is offline
Suspended.
 
Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
Default

50k punting bank Duritz ? You must be rich or even more confused maybe?.

If you have $50k just sitting in a bank account just for punting [crazy], you certainly don't have a wife [she'd never let you get away with that], kids and or a mortgage. Then again like I said, this is cyberspace. Everything is 'real' here :-)
Reply With Quote
  #27  
Old 29th March 2006, 08:35 AM
crash crash is offline
Suspended.
 
Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
Default

Quote:
Originally Posted by Duritz
lol. Fair points, and though I won't fib and say I have a 50K punting bank, I certainly well and truly fall into your "never in my life" category. And I do have a dedicated punting bank. (Built by winnings)


You must be confused. You have said here you havn't got a $50k punting bank[?] 2% of $50k is a $100 bet isn't it or else I'm defused in the head[?]

Quote Duritz: "lol i've confused myself there. Let me start again. If I were to bet 2%, my average bet size would be about $100".

Last edited by crash : 29th March 2006 at 08:42 AM.
Reply With Quote
  #28  
Old 29th March 2006, 08:40 AM
Duritz Duritz is offline
Member
 
Join Date: Dec 2004
Posts: 956
Default

Nope Crash, 2% of a 50K punting bank is $1000.
Reply With Quote
  #29  
Old 29th March 2006, 08:42 AM
Duritz Duritz is offline
Member
 
Join Date: Dec 2004
Posts: 956
Default

LOL - just read your second post. (the one about the wife etc). The wife/mortgage and kids - I've got the trifecta there....but the wife is happy there's a dedicated punting bank b/c it means I never bet our dough.

I have a mortgage because real estate is the one safe bet there is. I work and save etc b/c I want more real estate. I keep the punting separate because that way you have the best true guide of if you're winning or losing - your balance.
Reply With Quote
  #30  
Old 29th March 2006, 08:44 AM
crash crash is offline
Suspended.
 
Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
Smile

All this talk of big $ numbers. I 'm having a 'senior's moment'.
Reply With Quote
Reply


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 10:38 PM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655