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Originally Posted by oracle80
Its the misrepresentation thats misleading here.
That CD pik-4 you hit yesterday, you gave no denomination and standard bets on that wager are one dollar. Now, that wager cost you 54 dollars to hit half of. That means you only profited about 380 bucks. In addition, today your total mythical investments were 800 bucks. You say you made 615. Thats not even 4-5 on your money. If you are looking for props, you better learn to understand the mathematics of betting. A guy who put 800 bucks on a 3-5 shot to win today had the same results that you did. I don't think you are real good at telling the whole story, but i sure am!!!! This is net percentage return game. ANyone can say, bet 10 grand on the 3-5 shot to win and tell us how much they made. This crowd is not as stupid as to take teh advice of some moron who tells them to bet 200 win and place on a 6-5 or 100 win and place on a 1-2 shot.
Noone here is that stupid. I think thats why instead of applause, the only sound you hear are crickets chirping.
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The only mathematics I understand is how much money I won. Do you need some of my winnings to buy some self-esteem? I will carve you up so quickly this summer you will be crying to Lansdon for allowance money. I figure it will take you 3 days to lose your $1000 bankroll. If that. Just to let you know the way gambling works, if you push $3,000 a week through the windows, that equals about $150,000 a year. If you can get 4-5 on that you did ok. Not looking to make 4-5 on my money. Just looking to win 10-20% of what i put through the window, which i do. I make money gambling, but I don't depend on it to live. I guess I could up my bets to $10,000 a week but I am not there yet with my selections. I guess those numbers would return me 50K-100K a year, but I think I will prefer a normal job where I can make some money on the weekend.