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Old 03-12-2006, 04:27 AM
craig craig is offline
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Join Date: Sep 2002
Location: Arizona Bay
Posts: 4,324
Default Re: When can you be confident that you are a winner?

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If I were actually placeing the bets, I probably would have just parlayed that one though.


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Why? Was the parlay correlated? If not, don't parlay. If you insist on parlaying when there is no correlation you will not win in the long run. You will definitely lose if you are truly picking at 55% and parlaying non-correlated events. 13:5 is not good and it only gets worse the more games you add.

I am not trying to give you a hard time, but I just want to give you something to think about.

Also, if you buy Wong's book he has a page that shows the chance that your system is a winner based on total bets placed and your record. Either way, it is a must read book [img]/images/graemlins/smile.gif[/img] .

craig
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