RISK vs REWARD Principle!

Look at it this way.

Say I for instance want to sign up with a book ONLY to bet the bases.

Do I choose a book solely because it has a better safety rating than another book? NO!

I weigh my options on the book that may be offering a 10-cent line or less and decide if it is worth the extra risk to play there if it is not considered to be as safe as the one offering the 20 cent line.

Now understand this------I have the oppurtunity to SAVE money in the shop offering a 10 cent line or lower than the TOTAL amount of money I will have posted up with that shop later on because I am withdrawing the winnings and leaving LESS in that shop than the money I would have lost in the shop with a 20 cent line!!!!

SO IN THEORY, EVEN IF THAT SHOP WENT BELLY UP AND I LOST EVERYTHING, I WOULD STILL BE AHEAD MORE THAN PLAYING WITH THE 20 CENT LINE SHOP!!!
RISK vs REWARD PRINCIPLE

I hope everybody understands this concept!!

What if you deposit 1,000. Then you lose 800 . Then you build the 200 to 2500 one night and then that night it goes belly up.

Better safe then sorry!


Mr. Green

ecactly right fish. If you play the percetages consitantly throughout your lifetime on every situation at the end you will be ahead of taking the "better safe than sorry" nonsenscial approach

Mr. Green-

Exactly why you have to weigh the RISK for REWARD factor!

Hopefully, with proper evaluating, the REWARDS will far outweigh the RISKS in the long run.

Case in point, I once lost $2,900 in a book but I profited much more by having that book as one of my OUTS in the time I was with them....MUCH MORE!!

So even though I lost the $2900, I came out way ahead in the long run.

RISK vs REWARD must be weighed by each individual sending money offshore!!

Cortesy bump for the race stewards.