New Posts For Thread: What is more important, a system for picking winners, or a staking system?https://community.betfair.com/general_betting/go/thread/view/94082/26572469/what-is-more-important-a-system-for-picking-winners-or-a-staking-systemWe can all pick winners on good days and can't catch a winner on a bad day. I amn't bad at picking winners. Not saying I can make money in the long run or anything, just that If i had a strict staking system, I would at least not lose much in the lonykickamoocow hows the favs doing u back in profit yethttps://community.betfair.com/general_betting/go/thread/view/94082/26572469/what-is-more-important-a-system-for-picking-winners-or-a-staking-system?post_id=482257697#482257697ykickamoocow hows the favs doing u back in profit yetThu, 20 Jan 2011 10:46:23 -0600i wish the favs would stop winning...42% up to yesterday..thank feck for panto haha..https://community.betfair.com/general_betting/go/thread/view/94082/26572469/what-is-more-important-a-system-for-picking-winners-or-a-staking-system?post_id=481128837#481128837i wish the favs would stop winning...42% up to yesterday..thank feck for panto haha..Mon, 10 Jan 2011 17:22:38 -0600'---remove the subjectivity factor ----"https://community.betfair.com/general_betting/go/thread/view/94082/26572469/what-is-more-important-a-system-for-picking-winners-or-a-staking-system?post_id=480970905#480970905'---remove the subjectivity factor ----"Sun, 09 Jan 2011 09:24:24 -0600Sea the StarsYou're right essentially about the punter being the ultimate determinant on any success.But the underlying principle of systems is that betting can be made into an objective an exercise as possible, and thus remove the objectivity factorhttps://community.betfair.com/general_betting/go/thread/view/94082/26572469/what-is-more-important-a-system-for-picking-winners-or-a-staking-system?post_id=480970837#480970837Sea the StarsYou're right essentially about the punter being the ultimate determinant on any success.But the underlying principle of systems is that betting can be made into an objective an exercise as possible, and thus remove the objectivity factorSun, 09 Jan 2011 09:23:48 -0600Ok ok my numbers are way out, my hypothetical gambler worked himself into the grave He didn't even get chance to put his results into a spreadsheet, back-fit a staking plan and curse himself for his understaking.https://community.betfair.com/general_betting/go/thread/view/94082/26572469/what-is-more-important-a-system-for-picking-winners-or-a-staking-system?post_id=480970365#480970365Ok ok my numbers are way out, my hypothetical gambler worked himself into the grave He didn't even get chance to put his results into a spreadsheet, back-fit a staking plan and curse himself for his understaking.Sun, 09 Jan 2011 09:18:07 -0600SandownAn excellent post as per usual.The impact of volatility cannot be understated.Hence why certain hedge funds implode and similarly many, many gamblers.Too much leverage, or overstaking in layman's terms, being the culprit.https://community.betfair.com/general_betting/go/thread/view/94082/26572469/what-is-more-important-a-system-for-picking-winners-or-a-staking-system?post_id=480969525#480969525SandownAn excellent post as per usual.The impact of volatility cannot be understated.Hence why certain hedge funds implode and similarly many, many gamblers.Too much leverage, or overstaking in layman's terms, being the culprit.Sun, 09 Jan 2011 09:09:45 -0600A level stake profit of 5000 points every year for 10 years ? You can NOT be serious !https://community.betfair.com/general_betting/go/thread/view/94082/26572469/what-is-more-important-a-system-for-picking-winners-or-a-staking-system?post_id=480965577#480965577A level stake profit of 5000 points every year for 10 years ? You can NOT be serious !Sun, 09 Jan 2011 08:34:08 -0600FredAssuming the conditions you state, and at 1000 bets p.a (20 per week possible) and returning 100% on stakes without commission (impossible), he would win an etsimated £200k so I guess he would be not so much a liar or genius but a fantasist.https://community.betfair.com/general_betting/go/thread/view/94082/26572469/what-is-more-important-a-system-for-picking-winners-or-a-staking-system?post_id=480965393#480965393FredAssuming the conditions you state, and at 1000 bets p.a (20 per week possible) and returning 100% on stakes without commission (impossible), he would win an etsimated £200k so I guess he would be not so much a liar or genius but a fantasist.Sun, 09 Jan 2011 08:32:46 -0600An extremely cautious but successful investor spends 10 years of his life betting his systems portfolio and makes £1 million. He always uses fairly level stakes and never bets more than £20 at a time.Is he a genius or an understaking fool who has whttps://community.betfair.com/general_betting/go/thread/view/94082/26572469/what-is-more-important-a-system-for-picking-winners-or-a-staking-system?post_id=480961753#480961753An extremely cautious but successful investor spends 10 years of his life betting his systems portfolio and makes £1 million. He always uses fairly level stakes and never bets more than £20 at a time.Is he a genius or an understaking fool who has wSun, 09 Jan 2011 07:58:56 -0600Many of the posts on this thread demonstrate the relative inexperience of the posters (this is not meant to be patronising but I realise that it might be interpreted as such.)The longterm success at gambling requires the player to understand the effehttps://community.betfair.com/general_betting/go/thread/view/94082/26572469/what-is-more-important-a-system-for-picking-winners-or-a-staking-system?post_id=480958613#480958613Many of the posts on this thread demonstrate the relative inexperience of the posters (this is not meant to be patronising but I realise that it might be interpreted as such.)The longterm success at gambling requires the player to understand the effeSun, 09 Jan 2011 07:27:30 -0600