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Forum: General Handicapping Discussion 09-13-2009, 10:19 AM
Replies: 142
Views: 10,591
Posted By ryesteve
No! If this thread had been locked when it...

No! If this thread had been locked when it should have been, we never would've gotten the best quote ever: "Just so you don't assume I'm totally ignorant, I've won bobbleheads!"

I think PA...
Forum: General Handicapping Discussion 09-13-2009, 10:13 AM
Replies: 6
Views: 684
Posted By ryesteve
There must be a threshhold to meet the common...

There must be a threshhold to meet the common ownership requirement. Probably a good idea, especially as partnerships become more and more popular.
Forum: General Handicapping Discussion 09-12-2009, 06:51 PM
Replies: 57
Views: 4,998
Posted By ryesteve
I haven't really worked out the math, but I...

I haven't really worked out the math, but I assumed that breakeven pre-rebate was their optimum performance level. If they're already at breakeven, and they make additional bets that bring their...
Forum: General Handicapping Discussion 09-12-2009, 01:23 PM
Replies: 57
Views: 4,998
Posted By ryesteve
I meant higher take / higher rebate scenario......

I meant higher take / higher rebate scenario... too late to edit

You're right, I was typing faster than I was thinking...
Forum: General Handicapping Discussion 09-12-2009, 08:56 AM
Replies: 57
Views: 4,998
Posted By ryesteve
Well. maybe you should, because I could swear...

Well. maybe you should, because I could swear that his conclusion is that it IS a wash. :)

I do understand that if a player is unprofitable, the lower take / lower rebate scenario is...
Forum: General Racing Discussion 09-11-2009, 11:58 PM
Replies: 81
Views: 5,147
Posted By ryesteve
But since "k" always has the same spoken sound...

But since "k" always has the same spoken sound and "c" doesn't, wouldn't "Lukas" have been the correct phonetic spelling anyway? :confused:
Forum: General Handicapping Discussion 09-11-2009, 10:37 PM
Replies: 57
Views: 4,998
Posted By ryesteve
Since you're curious, I'll explain that I don't...

Since you're curious, I'll explain that I don't think anyone called you an "idiot", and the critical responses you got had absolutely nothing to do with playing exotics. And it doesn't surprise me...
Forum: General Handicapping Discussion 09-11-2009, 04:00 PM
Replies: 57
Views: 4,998
Posted By ryesteve
And so is the takeout. Maybe my question wasn't...

And so is the takeout. Maybe my question wasn't clear. Why is a 15% rebate on a 25% takeout bet better than a 7% rebate on a 17% bet? It seems that either way, you're more or less betting into an...
Forum: General Handicapping Discussion 09-11-2009, 01:14 PM
Replies: 57
Views: 4,998
Posted By ryesteve
Doesn't this make it a wash? If the take minus...

Doesn't this make it a wash? If the take minus their rebate is always the same, why would they have a reason to prefer either?
Forum: General Racing Discussion 09-11-2009, 12:36 PM
Replies: 10
Views: 842
Posted By ryesteve
But I'm not surprised that you're trying to loop...

But I'm not surprised that you're trying to loop back into the same argument that was covered pretty well here:
http://www.paceadvantage.com/forum/showthread.php?t=59708
Forum: General Racing Discussion 09-11-2009, 12:17 PM
Replies: 10
Views: 842
Posted By ryesteve
the P4 came back almost 50% higher than a parlay....

the P4 came back almost 50% higher than a parlay. Seems pretty generous.
Forum: General Handicapping Discussion 09-11-2009, 12:07 PM
Replies: 142
Views: 10,591
Posted By ryesteve
Given this embarassing obsession of yours, I'm...

Given this embarassing obsession of yours, I'm surprised to hear this...
Forum: General Handicapping Discussion 09-11-2009, 09:28 AM
Replies: 142
Views: 10,591
Posted By ryesteve
More than this thread is, at least...

More than this thread is, at least...
Forum: General Handicapping Discussion 09-11-2009, 09:27 AM
Replies: 16
Views: 1,544
Posted By ryesteve
When did winning become so easy?

When did winning become so easy?
Forum: General Handicapping Discussion 09-11-2009, 09:26 AM
Replies: 57
Views: 4,998
Posted By ryesteve
Hopefully no one has such unrealistic...

Hopefully no one has such unrealistic expectations.
Forum: General Handicapping Discussion 09-11-2009, 07:45 AM
Replies: 57
Views: 4,998
Posted By ryesteve
You say that as if this isn't helpful. What more...

You say that as if this isn't helpful. What more do you want a rebate to do? Fix your dinner and tuck you in at bedtime? :confused:
Forum: General Handicapping Discussion 09-10-2009, 02:56 PM
Replies: 131
Views: 14,921
Posted By ryesteve
Again, if you are betting one half of 1%, and...

Again, if you are betting one half of 1%, and we're not talking low-hit-rate exotics, and you manage to burn through $50k, that's not a losing streak, it's evidence that you're not a winning player.
Forum: General Handicapping Discussion 09-10-2009, 02:35 PM
Replies: 131
Views: 14,921
Posted By ryesteve
What are you talking about? Your question didn't...

What are you talking about? Your question didn't start out, "Can one earn a living at this?". You were asking if $50,000 was a large enough starting bankroll. If the question has turned to bankroll...
Forum: General Handicapping Discussion 09-10-2009, 02:03 PM
Replies: 131
Views: 14,921
Posted By ryesteve
No, you're adding a new variable to the equation....

No, you're adding a new variable to the equation. If we're talking about low percentage wagers, then .005 is too aggressive. I may be wrong, but I don't think many pros operating a low percentage...
Forum: General Handicapping Discussion 09-10-2009, 01:02 PM
Replies: 131
Views: 14,921
Posted By ryesteve
If you're betting .005 of your bankroll, and you...

If you're betting .005 of your bankroll, and you go broke in a month, you're obviously barking up the wrong tree, so discussions of bankroll sizing are irrelevant.
Forum: Handicapping Library 09-10-2009, 12:14 PM
Replies: 81
Views: 17,262
Posted By ryesteve
Dave probably had him conferenced in... :)

Dave probably had him conferenced in... :)
Forum: General Handicapping Discussion 09-10-2009, 11:55 AM
Replies: 142
Views: 10,591
Posted By ryesteve
Just a sec, I've got his accountant on hold...

Just a sec, I've got his accountant on hold...
Forum: General Handicapping Discussion 09-10-2009, 09:35 AM
Replies: 131
Views: 14,921
Posted By ryesteve
Well, let's use some very conservative estimates....

Well, let's use some very conservative estimates. Let's say you're betting one half of one percent of your bankroll per race... and let's say you bet 20 races a day on average. On saturdays in August...
Forum: Handicapping Library 09-09-2009, 11:00 PM
Replies: 23
Views: 3,886
Posted By ryesteve
I'd probably do it if/when I've got some...

I'd probably do it if/when I've got some downtime, but I strongly suspect it'll be just like the various angles and P&T stuff some people are very fond of; when it fails to stand up to db scrutiny,...
Forum: General Racing Discussion 09-09-2009, 11:31 AM
Replies: 24
Views: 1,227
Posted By ryesteve
"In fact, Casner blames gamblers" You know,...

"In fact, Casner blames gamblers"

You know, the attitude that people in this business have towards their customers has sucked for a long time, but I never thought we'd reach the point where we...
Showing results 1 to 25 of 500

 
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