29th April 2015, 01:17 PM
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Member
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Join Date: Aug 2010
Posts: 1,037
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Quote:
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Originally Posted by Rinconpaul
Sorry to disappoint you TO, but Speedy spoke of strike rate, but not POT!
Since the 16th March, for $1000 liability, UK, IRE & AUS:
IN nett..$170,265
OUT......$170,000
170 wins, 134 losses = 55.92% win strike rate
Implied strike rate = 57.97%
It's actually a perfect Premium Charge minimisation scheme, that's about all. Use it to offset PC charges on some other profit making method.
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Sorry RP, I thought it may have been a slow burning profitable method but obviously not.
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