April 2018 Monthly Review +$4,020.00

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4 Responses

  1. Sam says:

    Good to some happy green Steve! Just to comfirm are your NRL totals tips from SP.com.au?

  2. admin says:

    yep, sportpunter

  3. Ben says:

    Why don’t you implement stop-losses and/or take-profits to manage the ebb and flow? I know you’re playing the statistical game but wouldn’t it make sense to cash in when the going is good and out when you’re on a bad run? Or do you place all bets at the start of the month and ride it out no matter what? Very interesting blog!

  4. admin says:

    Hi Ben,
    The issue is that a bettor will never know when the good run is going to come to an end or when the bad run will turn.
    Most of my profit comes over very short periods of time (I just have no idea when they are). So I could be treading water for 6 months and then make $100k in the next month.
    The variance comes with the territory and most people can’t handle it (and why they end up losing long-term).

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