Saturday, May 9, 2009

Question from ebasson61 ................................

ebasson61 09 May 00:18

Hi Horselover

You seem like a serious bettor judging by the number of bets you have placed during this entire thread, but I'm wondering what the point of all this is.If it's just a bit of fun, then fair enough.

But if you're in this to actually make some money, then how long have you estimated it will be before you start seeing any profit? It's been three months now and I think during that entire time you've only been in the black for a couple of days.

I suppose the question is: How long does it take before deciding whether a system is working or not?
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my answer


good morning ebasson61

thanks for the question, because you have a point there. but first I have to correct you, I started here 2 month ago. and yes I want to make money here.

I am not a stats guy, but my opinion is that even if I am at the end of a year not in the black and only a low percentage in the red, I think it still doesnt tell me that the strategy is not good.

one guy said that at the end I will make money for betfair. so what? everyone is giving betfair their part :)

the difference to betfair and a casino in Las Vegas is, that betfair will not give me any complimentary.

if I will have a steady downmove, then its time to stop and rethink the startegy. imho, there is no steady downmove yet that I can see.

I think the strategy is a slow upmove one.

there is no strategy without downmoves, even if they are for a few month. sure there are the arbers, courtsiders etc.

and as I said before, even if I am at the end even, comission paid I think that is very good for me. I am sure there are many out there with big losses that would wish to be in this situation not losing a penny.

I am already retired. if I lose my bank, I have another bank to start again if I want. this is a big advantage, not to make a living out of the betting. but for sure it is nicer to succeed.

I am still very confident that I will be in the black at the end. and please understand that I could do it also with 6000 instead of 600 as an initial bet. then even a small win will be a big win moneywise. I will try to go steady up with my initial betting size, as soon I will reach a given plus.

Discipline, Patience and Balls thats what is needed :)

and if all the other people here in this thread are right at the end that I will lose the bank roll with my strategy, I will still have to eat and lost my money and not someone else money.

so lets wait and see and please have patience with me

best of luck

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