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Old 09-21-2010, 10:16 PM   #28
speculus
Zapoorzaa!!!
 
Join Date: Jun 2005
Location: India
Posts: 547
My advice to you

Quote:
Originally Posted by Learned Hand35
Teddy's thread got me thinking.

For you veterans of the game, what was the learning curve for you regarding achieving positive ROI or at least negative ROI you could live with until you got back into the black in the next time frame.

My goal after my first year, a realistic one I hoped, was to cut my negative ROI in half. So far this year I have cut it down by a third. My goal was to show my first positive ROI by year four. Don't know if that is going to happen.

Thoughts, experiences, advice?
Most losers who enter this game with stars in their eyes make the grave mistake of thinking this is quick and easy money.

Quick? Maybe.

Easy? Hell, NO.
Millions of bankrupts will take the stand to say it was not their experience.

But then again, there is a paradox.

Once you have a winning method in place, and patience & discipline NOT to venture out of your circle of competence whatever the temptation, the game is easy, in the sense it then becomes 'mechanical'.
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The ONLY WAY the racing industry can survive is by reducing the takeout on WIN, PLACE & SHOW to ONLY 5%.

www.DynamicHandicapping.com/
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