Would you?

Include selections.

Many years from now, whilst sitting on the beach, they will be paying for those drinks with the little umbrellas in them.

Depends on life circumstances I guess. I'd try to get as many 16+ shots in there as I possibly could if I wasn't going to die in the meantime

Sacrifice profitability for consistency?


Scaleability of stake size:
Are the bet sizes limited by the bank roll size or has the bet size already reached the ammount the market will take at the price ?

Utility of Money:
The utility value of £100 for a pauper is different to its utility value for a millionaire.
So how significant is the increased variance in relation to the individuals utility of money ?

Psychology of the bettor:
Variance induces stress and other emotions in humans.
Winning 'at life' ( i.e. general happiness ) is often attributed to the ability to cope with stress, and the percentage of time spent in a stressed state.
So how well does the bettor handle variance ?


when you take those three factors into consideration you will likely come up with different answers depending on the individual who is asking the question.

Thanks for the replies.

I saw your comment Lori on another thread

Thanks for the replies.
Noted your comment Lori on another thread.

This reply posting is not working properly

Hence the duplication.

Escapee, Good post. Some good points there.

I can see that if you have reached maximum scalability and now have a smaller % liability of bank
per bet or lay it would be okay to include long shots.

If however, you were just starting out, safety and smaller profits at a more regular intervals
would be more likely lead to better discipline and less stress.

Cheers

CM, are you allowed to bet in-running yet (I think you're in Oz?) or place a lay at 2.0 pre off & keep bets? If so, have you looked at the results as if they had been greened at evens? I've seen high odds bets (16.0+) hit evens in running and lose ten times in a row, hence the long losing spells, then the opposite - hit evens and win 10 times in a row. Also could be worth looking at backing them at half their starting odds and see what would have happened, which sounds perverse I know.