|# of Bets||# of Wins||Strike Rate %||Avg.Div. $||Amt. Bet $||Return $||Profit $||ROI %|
THE ABOVE RESULTS WERE BASED ON A $20 Base bet and putting aside $2,000 for each series. A series ends when the Bank has “busted” or wehn a profit of any size is made. WE started on Tuesday last week and finished last night. $7079 is equivalent to 3.5 “BaNKS” AND DURING THE WEEK, in fact on last Wednesday, a “Bank” was lost, however it was soon recovered.
You can see the average dividend was $9.33 and that was at best tote, NOT BOB and NOT Betfair SP. At those prices profit would have been much more.
My friend who has been analysing past years for me pointed out that there were serious periods of loss so it wouldnt suit him, however when we are using Winform Powerplay (the program costs just $25 a month at www.stakingkings.com) we only need a reasonable priced winner or two to close a series, so for example we could lose 8 races in a row, catch a $10 winner and walk away with a good profit. Losing 14 races in a row will always blow the current “Bank” which is why we only ever risk 10% of our money at any time.
History ( we have been doing this for over 20 years) shows us that losing our whole stack of cash is extremely unlikely as whenever we make a profit we are reinforcing our overall funds. It is when we syphon off heaps of cahs for other thjings that we can come unstuck and a few have over the years.
As runs of profitable series ( we average one lost “bank” for every 15 or so series successes) frequently occur some players have had fun with just $1,000 and reinvesting as the “bank” grows but when to pull the plug?? One subscriber built his $1,000 into over $16,000 then blew the lot in one big series loss but you knwo what he said when I admonished him for blowing it all? He said ” Well no! I actually only lost $1,000.