Jun 26, 2018 -- 8:58AM, trebor wrote:
Risking a million a year is not the same as turning over a million a year, turning over a million a year you would probably never have more than a few hundred at risk at any one time.
You just need to have plan that works. Seemples.
Jun 30, 2018 -- 5:11PM, nathanrh wrote:
trebor.3% is a massively lucrative proposition over the long term and on here it is relatively easy to turnover a large amount of money.Of course in a relatively short period of time or sequence of bets one can show an ROI many times better than my hypothetical 3%, but the more you play the more likely it is you mean revert to your actual true edge, and that is the rub ultimately, the more you play, the more you need to play (earning a living) the more likely you approach that true figure and that leads me on neatly to the point below.....On a sport such as mainstream football, those 3% edges (likely much higher because of BF's commission) definitely don't exist. If you could avoid the commission that edge would be 6-8%.....that would be a virtual license to print money and there would still be a reasonable statistical probability you could go bust along the way.I'm not saying you can't make it pay but being ignorant to the resources you are up against makes me seriously question the likelihood of someone being a long term winner ;-).Gl.
I wouldn't necessarily go along with your suggestion that " the more you play the more you need to play. "
I would respectfully suggest that with experience that a pro gains, he, or she, cuts their plays to an absolute minimum but ups the ante. No?