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Punting for Profit
02 Jan 13 19:17
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Date Joined: 01 Mar 04
| Topic/replies: 1,360 | Blogger: Punting for Profit's blog
is a friend of mine,who makes betting pay,year in year out,I asked him his secret,and his answer was I only bet to win a maximum of 2% of my bank,at anytime.

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Replies: 15
By:
sweetchildofmine
When: 02 Jan 13 19:20
must have a big bank

Happy
By:
sweetchildofmine
When: 02 Jan 13 19:21
but then again 2% of 1000 is 20 quid, so repeat that many times a day and maybe you dont need a large bank
By:
Mr.Angry
When: 02 Jan 13 19:30
It does mean you'll never run out of money.
By:
Darlo Bantam
When: 02 Jan 13 20:29
If you win 2% each bet, you'd double your bank in just 36 bets.
By:
Mr.Angry
When: 02 Jan 13 20:36
And if you lose 2% each bet?
By:
Punting for Profit
When: 02 Jan 13 20:52
you won't win every bet and you won't lose every bet,but as MR A said you will never run out of money
By:
Darlo Bantam
When: 02 Jan 13 21:10

Jan 2, 2013 -- 8:36PM, Mr.Angry wrote:


And if you lose 2% each bet?


Depends what he's risking to win 2%.

By:
Still standing
When: 03 Jan 13 23:00
Two people have said that you will never run out of money trying to win 2% of the bank.  Do you two guys actually understand the premise ?  Can you tell me why you will never run out of money ?
By:
sweetchildofmine
When: 03 Jan 13 23:04
well you would somewhere down the line but work it out, imagine a 1000 bank and staking 2%everytime, in theory it should never exhaust

say for example you get down to a tenner

10.00=20 pence risked
9.80=19pence risked

etc etc it would take hundreds of losers with say a 1k bank to blow it all
By:
Still standing
When: 03 Jan 13 23:09
The premise is to win 2%, not stake 2%.  How about putting your whole bank on a 1.02 shot, only to see it lose.
By:
sweetchildofmine
When: 03 Jan 13 23:10
no the o.p clearly states its staking 2%
By:
Mr Snap
When: 03 Jan 13 23:19
Clearly states to win im afraid
By:
sweetchildofmine
When: 03 Jan 13 23:26
yeah my apologies ..just read it again 

Blush
By:
gonnabeclose
When: 05 Jan 13 13:10
What an insightful fred. Pure genius !
By:
1.01 Layer
When: 05 Jan 13 18:02
Sounds a bit tedious. I'd rather win 10,000% every now and then Laugh
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