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-   -   R2W Axis delivers $140,000 dividend (http://forums.ozmium.com.au/showthread.php?t=30824)

PaulD01 28th September 2015 03:44 PM

R2W Axis delivers $140,000 dividend
 
R2W Axis delivers $140,000 dividend 26/9/15 Rosehill

For more details

http://goo.gl/vBw57t

UselessBettor 28th September 2015 06:35 PM

Its interesting these Big Sixes. So lets say you invested the $64.

The Pool was $223,312

There were 1.596 winners (due to flexi betting). So lets now work out what you would have been paid if you had bet.

There now would have been 2.596 winners and the pool would be $223,376.
That means the win would have now paid out $86,046.

Ouch .... Just by betting into this pool you lost around 50K.

Now if two people followed the axis database and bet it you would have 3.596 winners and the pool would be $223,440. The return would drop to $62,135. More than halved.

The problem with the large wins in exotics is they almost halve when you actually bet into them.

Still a very nice return though.

PaulD01 29th September 2015 11:16 AM

Hi UB,

Agree with all the points made in your post.

Our favourite way to wager these exotic types has landed 4 collects this last 365 days (rolling from 26/9/15) and is showing a ~ $189,000 PROFIT. Even if you flexi bet your stake to a much smaller percentage say 10%, the profit is still more than satisfactory.


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