18th May 2013, 08:50 PM
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Member
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Join Date: Mar 2012
Posts: 1,237
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Quote:
Originally Posted by UselessBettor
Horse racing is associated with higher risk so people think that means they will get rich quick.
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This one rings true for me like the giant bells on top of Notre Dame.
Once upon a time I would be expecting to double the bank at every opportunity. The losses that followed told me otherwise. 3.2% return on bank per day is more than ample for me these days and if I ever drift into thinking this may not be enough, the dreaded reality of the measly rates one gets on bank deposits brings me back to earth with a thud; >= 3.2% on any given day is a HUGE return in comparison.
Conversely, a running loss of say 3-5% makes it now OK for me to stop for the day. Given the speed with which this can deteriorate into a much bigger loss, a small loss taken and decision to shut shop for the day often feels like a triumph.
68% ahead on the bank over the last 13 betting days indicates that I might just be where the going is good, this time around.
Cheers LG
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The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB
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