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Old 2nd October 2007, 06:15 AM
moeee moeee is offline
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Join Date: Jan 1970
Location: Melbourne
Posts: 5,359
Default Double your profits

PUNTING TIP.

Everyone knows if you back every favourite you will end up losing.
This is because some of those favourites were in fact well under the odds.
Betting every favourite for level stakes will probably end in a loss of 14% or so.
If you could come up with a selection process that can eliminate much of those "under the odds runners", then it is extremely likely that betting Favourites is very Profitable.
Just say you could do that!
Just say you could turn it around by careful selection and ended up with a profit of 2% using level stakes.
What that means is your runners are paying at 2% over the odds.
Or you could equally say that the runners are winning 2% more races than what their starting price indicates that they should.
DON SCOTT's WONKY WHEEL proved to those of understanding, the necessity of getting VALUE about your selections.
And either I am doing the Math wrong or it is true that if you take those same selections in doubles, then the Profit percentage will double.

It works like this.
Supposing a roulette wheel had 49 Reds and 51 Blacks.
Suppose the house has 100 spins for today.
If the house pays even money on each colour, then the Punter wins $2 for every $100 invested if he only bets a dollar each spin on black.
The next day the same thing happens.100 spins.Another $2 is won for his $100.

100 spins yesterday and 100 spins today will equal 10,000 possible doubles combinations.
And the Punter would have got 2601 of them doubles.
And the house would have paid him 3 to 1 which amounts to $10,404 for an Investment of $10,000
The house lost $404 for every $10,000 bet by the punter.
OR, $4.04 for every $100 bet by the Punter.

JUST IMAGINE WHAT THE PUNTER WOULD HAVE OBTAINED IF HE WAS PLAYING QUADRELLAS.
Would it be 8% Profit or would it be 16%?
Whatever, it is no wonder that the PROFESSIONAL PUNTERS are doing well in the EXOTICS areas.
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