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 2nd March 2003, 04:28 PM
cameron398 cameron398 is offline
Member
 
Join Date: Jan 1970
Location: TAS
Posts: 33
Default

I find it interesting that many punters pursue great profits only to suffer great losses in the process of doing so. There may be smaller, perhaps more refined (or successful) groups of punters who recognize the smart profits to chase are the small percentages that are more likely to be won.

So lets say for a minute that I have devised a method of investment where in tightly monitored testing I have achieved a 14% (or more) return on turnover for well over a year.

Most of you would already know it but below I want to highlight the reason many people pursue a successful system of gambling:

Bank interest on savings pales into insignificance when you look at the overall potential of a gambling machine that produces 14% on turnover. Not starting bank, but turnover.

In other words look at the following illustrations:

1. Bank account opening balance $30,000 with 5% interest.

Closing balance a year later $31,500 less bank fees and charges.

2. Gambling fund opening balance $30,000. Same money turned over many times during a year resulting in turnover of say $300,000 with 14% return on turnover.

Closing balance a year later $72,000 ($30,000 plus $42,000 winnings)

Based upon the above – I can see why so many of the punters on this forum put many, many hours into developing methods of investment on the horses.

If I was to start real investments tomorrow and turnover say $50,000 over the next twelve months and assuming (based upon research) a 14% return then I would generate the princely sum of $7,000 tax free.

Theoretically this return could be achieved with a small starting bank, the large turnover coming from the same money being won and lost regularly.

In practice on the road to reaching this return there may be a bad losing streaks where losses were incurred to the extent where the bank was exhausted.

As successful as my method may be the possibility of the loss of entire bank would remain present. After all, this is gambling. So lets say I wanted to derive a more generous tax free return of $50,000 per annum. Then the turnover would have to be in the order of $350,000. That is a lot of turnover by most people’s standards. Again however it is not such a fearful amount when you are reminded that you theoretically may be able to turn over a much smaller bank many times in order to reach the total turnover.

The above serves to illustrate that to achieve a significant return on investment even with a “successful” method, large starting banks may be required and should be on hand before commencing.

So having said all that I now ask you, the members of this forum. Where do I find people with the blind faith, outrageous optimism or who just have more money than sense to invest in something like this?

I intend to form a syndicate. How large you say? The skies the limit! I have considered advertising in racing publications. I have considered placing an advertisement on this site detailing some specifics. I have considered “lurking” around the betting areas of my local casino to identify potential investors and then making direct approaches. I have considered directly approaching business persons who have ties to the racing industry. I have considered approaching business persons who are purely investors with no ties to the racing industry. I have considered approaching venture capital organizations (although may be laughed at by them). I have considered all these things. I may yet proceed with all these things.

In the meantime, I wonder what ideas some of you may have on this topic? How do I find the investors?



Reply With Quote
  #2  
Old 2nd March 2003, 04:36 PM
Pre-Post Pre-Post is offline
Member
 
Join Date: Jan 1970
Posts: 9
Default

Have you considered betting with your OWN money, using your OWN optimism
and your OWN faith?

Good luck,

Pre-Post
Reply With Quote
  #3  
Old 2nd March 2003, 04:52 PM
puntz
Guest
 
Posts: n/a
Default



[ This Message was edited by: puntz on 2003-03-04 22:45 ]
Reply With Quote
  #4  
Old 2nd March 2003, 10:27 PM
cameron398 cameron398 is offline
Member
 
Join Date: Jan 1970
Location: TAS
Posts: 33
Default

To Pre-post. Of course I have considered using my own money. That would be my first preference. However, I just wrote the above several paragraphs to illustrate that a reasonable sized bank is required for reasonable returns. I am impatient. I do not want to fiddle with the low turnover which my own limited resources could enable.

And to Puntz, with all due respect I am not asking how I need to prove all this to investors. I am asking where I might find them on a first contact basis.

The convincing will be dealt with on an individual basis later
Reply With Quote
  #5  
Old 2nd March 2003, 11:25 PM
puntz
Guest
 
Posts: n/a
Default



[ This Message was edited by: puntz on 2003-04-14 19:25 ]
Reply With Quote
  #6  
Old 3rd March 2003, 02:07 PM
Guest
 
Posts: n/a
Default

Cameron398,I somehow get the impression you are making what you consider a subtle attempt to recruit members of this forum to contribute money to you.I also note with interest you don't say what form of gambling you intend to use .I get the impression you are a "Casino Freak",and your method involves either Roulette,Blackjack,or even worse,poker machines.You manage to contradict yourself many times in your post,right from the opening line,many punters pursue great profits amd suffer great losses,instead of being more refined and chasing small profits.Later you contradict this by saying you are impatient and don't want to fiddle with small profit on small turnover.You can place all the ads you want,but really think that anyone is going to give you their money to gamble with?You state"tightly monitored "tests over more than a year.PLease Explain?(sorry Pauline)You either monitor results,or you don't,where does the tightness come in?I have a horse racing system that makes more profit than yours per year,would like to invest in it?You could put your method on hold,let me do all the work,and get enough to start your own sooner.Please advise me ASP if interested,I only need 50 grand to get started.Of course I can give you no guarantees with this,you may get a lot of money for your investment,or you may end up with ************ all,but does that matter?You have faith in me don't you?You don't even know me,but you trust me,don't you?Would I lie to you?
Reply With Quote
  #7  
Old 3rd March 2003, 02:09 PM
cameron398 cameron398 is offline
Member
 
Join Date: Jan 1970
Location: TAS
Posts: 33
Default

Ok Puntz, if you have achieved 14% ROT, pay me 80% of what my money earns and will account for where my money goes I will gladly send you some. But wait, I forgot I do not need to cos I already have such a system on file which I can use myself.

Hehe. Cumon guys, no sledging with this one. How about just a little of your helpful ideas...
Reply With Quote
  #8  
Old 3rd March 2003, 02:26 PM
cameron398 cameron398 is offline
Member
 
Join Date: Jan 1970
Location: TAS
Posts: 33
Default

I can see what is about to happen here. I am going to spend all my time defending my methods and test results from you people when I have not even divulged the full details.

It is easy to find holes in something when you are not looking at the full picture.

If I was to divulge all details then other people using the same method may erode the profits.

I would appreciate people not attempting to "take the ********" by grasping at straws over the way I have worded my posts (yes you angel! And by the way I am using gallops not casino) I see your point re contradiction small profit vs Great profit. In my haste I did not spell out the fact I chase 10 to 20% return on turnover rather than the double your money or more we may like to pursue but would unlikley ever achieve.

And again Angel - as for "tightly monitored" or just "monitored" now u r being just plain smart.

What does one do when one creates an awesome method of investment on the horses but does not have the resources to move it into the world of worthwhile profit? Form a syndicate maybe...

So again - are there any sensible, not sarcastic repssonses to my original request for assistance - or are we going to argue continually???

PS. There is no subtle attempt to enlist investors from the site. In fact, for my own reasons I may prefer non-punters.


[ This Message was edited by: cameron398 on 2003-03-03 14:27 ]
Reply With Quote
  #9  
Old 4th March 2003, 01:02 AM
puntz
Guest
 
Posts: n/a
Default



[ This Message was edited by: puntz on 2003-03-04 22:44 ]
Reply With Quote
  #10  
Old 4th March 2003, 01:11 AM
Guest
 
Posts: n/a
Default

Cameron398,contrary your belief,I do not wish to indulge in a slanging match with you,therefore after this post I will not be on this thread again.If you have created a successful method,good luck to you,I wish you every success in the future.I was not being a "smart ********",just looking the facts.You stated yourself,on the road to,etc.etc.as successful as my method is,etc.etc.I don't expect you to divulge your method,I don't think anyone else would either.Not on this forum anyway.If you are hell bent on forming a syndicate,then good luck to you,and with due respect I would hope that you inform any would be investors of the pitfalls of gambling,not just paint a rosy picture.I create systems too,some succesful,some not.Some hold up for a while,then crash.Yes I do monitor them,and I really don't understand what you meant by "tight monitoring."I just monitor them,no inflating of figures etc.to create massive profits.Again,I AM NOT saying that is what you are doing.Also,do you think that a year and a bit is a long enoughtesting period?I wish you all the best in whatever you choose to do with your method,but really have a clue as to where or how you could go about recruiting anyone to invest in it.Cheers,and good luck,angel
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 12:32 PM.


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