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Originally Posted by PIC6SIX
Why don't the same cappers always win the daily online contests and why do they falter even when they play multiple entries?
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Methodology is the key to success, after the model is validated by positive results over a length of time with sufficient sample size. If you build a
tournament model, and for every $2500 worth of entries as a starting point(small buy-ins of $10-$50) and you are collecting $3000 worth of returns, you have a +ROI of 20%. Does this mean you have to win 1 out of 5 tourneys to achieve this? Of course not, as finishing in the top 3 will get you to your goal.
What is a sufficient amount of time and sample size to know your results are not random? My records indicate an average of 80 tourneys a month and over the course of 3 years, for a total of about 2900 tourneys played. Droughts of 10 days each month are common for not cashing at all, but by the preponderance of the numbers, the end result is a +ROI.
Handicapping is only a process that leads to various methodologies, verified by records/data that shows continual progress to the goal of net profitability. Once your model is built and implemented, stay the course and don't deviate. BTW, most tourney sites such as Horsetourneys, Derby Wars and Racetrack Warriors only take a 10% vig........Beats the live takeout at whatever track you play by almost 50%! This post is only of my experiences, your results may vary.
