16th November 2013, 10:36 PM
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Member
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Join Date: Sep 2011
Posts: 1,474
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Quote:
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Originally Posted by Lord Greystoke
Evening UB.
That 5% POT target you mentioned (or thereabouts) really surprised me. I thought that with all your knowledge, systems, market sophistication, tools, bet/lay angles etc that you might be looking at a return somewhat bigger than that.
Shows you how much I know!
Cheers LG
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well it comes down to what you want? I want more selections, higher turnover.
This results in consistency. For example if I have 10 bets a day and have a 50% strike rate there is going to be days of 5 winners, 3 winners, 7 winners, etc. Which results in huge swings on a daily basis. This could range from 0% - 100%.
But if I have 1000 selections in a day then I am more then likely going to get results in the range of 450-550 (45% - 55%) and this is what I am looking for. I will get days every so often of 350 - 400 and I will lose. Losing is part of gambling. But more selections in a day usually mean more consistency in daily returns.
To get more selections you have to give up POT. But a profit of 5% on 100 selections is the same as 1% on 500 selections. But I have far more confidence in the 500 selections then the 100 selections.
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