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50% Winners Please
"My main aim is to find a service that
selects only a few good selections, say two to five every
Saturday and can find consistant good priced winners. I
expect a 40% to 50% strike rate at an average price of
about 5/1."
That is a very common expectation from punters who
clearly do not understand the maths of punting. It also
shows that their punting strategies must be sadly astray
if they seriously expect it.
To put it simply:
1.A 40% strike rate at 5/1 means long
term for every 10 bets you have you will average four
winners at an average price of 5/1 which is $6.00.
2. This
means for every one hundred dollars outlaid you will get
back $240 for a profit on turnover of 140%.
3. This is
punting fantasy. You only find these results in marketed
racing systems.
4. We all know what racing systems do.
Anyone can come up with a fantastic list of winners after
the races are run and won.
It is also a common flaw for punters to think that if you
refine your bets down to your top two or three selections
on a Saturday then you will usually find two or three
winners. Punting simply does not work like that.
1.You will invariably find some horses you liked but could not include in your
top few selections winning at good odds.
2.You will often find the horse which you think is the main danger to your
selection winning at very good odds and wonder why you didn't select it or back
it instead.
3. Also, if you are only selecting a few bets you will invariably play safe
which will usually mean being on short priced horses.
Here is how many successful professionals operate.
They know the flaws of trying to limit themselves to only a few bets on a
Saturday:
1.They aim to make 10% profit on turnover a year. Anything else is a bonus.
2.They know that if a decent income is to be made from punting they must have
turnover.
3.To get decent turnover many professionals prefer plenty of strong bets from
around the country on a Saturday.
4.They do not believe in only having a couple of selections each Saturday
because this means putting all their eggs in one basket. With three selections
and aiming to make an income of two thousand dollars over the week, seven
thousand dollars has to be put on each selection.
5.These professionals understand losing runs. If they are
outlaying twenty thousand or fifty thousand on a Saturday most prefer to
spread their risks and look for value right across the country.
6.Different stakes are placed on a variety of strong selections from across
the country, but only if a fair price is obtained.
That is how The Professional Punter operates.
That is also why we are successful.
Warning:
If you are thinking of phoning one of those advertised 1900 numbers which
charges $33 for one selection are you prepared to place $330 on their
selections for the win?
If you do that and assuming their selections make 10% profit on turnover you
will have got the cost of your phone calls back !!
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