General Betting
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02 Jan 13
19:17
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01 Mar 04
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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but then again 2% of 1000 is 20 quid, so repeat that many times a day and maybe you dont need a large bank
If you win 2% each bet, you'd double your bank in just 36 bets.
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
Jan 2, 2013 -- 8:36PM, Mr.Angry wrote:
And if you lose 2% each bet?
Depends what he's risking to win 2%.
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 ?
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
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
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.
Sounds a bit tedious. I'd rather win 10,000% every now and then 
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