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
  #1  
Old 23rd January 2005, 07:24 PM
Sahasastar Sahasastar is offline
Member
 
Join Date: Dec 2004
Posts: 94
Default need help

I just started seriously punting 5 weeks ago.

I have a few systems in place that are returning a very tidy profit
at level stakes.

System 1 : SATURDAY METRO MEETS
bet - 37 units, return - 52.65 units, pot - 42.30%

System 2 : COUNTRY/PROVINCIAL MEETS
bet - 31 units, return - 39.47 units, pot - 27.32%

System 3 : ULTIMATE BETS (very rare - one a week ave., all 5 have won)
bet - 5 units, return - 10.36 units, pot - 107.20%

Another 5-10 different systems are ranging from anywhere between 5 - 50% profit on turnover at level stakes.

So basically, these bets have been totalled after one month of serious betting.

How long should I allow (ie 6 months is approx 400 bets) or after how many bets could I consider that my pot% will stabilise and level out?

Because obviously if I continue at this rate I can start planning my retirement in the very near future........
Reply With Quote
  #2  
Old 23rd January 2005, 08:19 PM
Bhagwan Bhagwan is offline
Member
 
Join Date: Jan 1970
Posts: 2,428
Default

My suggestion is to bet 1% of your bank level stakes & await any possible long run of outs, I have had systems that have worked well for 2 years then suddenly fall in a hole .

So stay vigilant , maybe stop betting on any system that has 12 outs in a row ,then recomence betting on it once it scores a winner.

May the Punt be with you.

Cheers.
__________________
Cheers.
Reply With Quote
  #3  
Old 23rd January 2005, 10:47 PM
partypooper partypooper is offline
Member
 
Join Date: Nov 1999
Location: Western Australia
Posts: 2,390
Default

Sahasastar, welcome to the club!! everyone on this forum has been "THERE" at least once and more than likely 10 times +. ********, I thought I was going to retire at age 18, after 2 years beating the book like clockwork!! absolute truth!

That was only 35 years ago, and I have been chasing the grail ever since, now, I got smart about 2 years ago, and while I'm quietly confident with my new found "patience" I live in dread of that devastating run of outs!!

Not knocking , you understand, I'm just saying be patient and cautious!

Last edited by partypooper : 23rd January 2005 at 10:48 PM. Reason: spelling
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 02:01 PM.


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