Sergio; If Minorcia traded on the Amex , were I could use my
e-trade to get her and keep the commissions down I would take
on some of her myself. I will call the broker Monday..I think I
can buy on the TSE ok , but not sure if I can get the $12 comish.
Regular commissions by the time I go in and out of a lower
priced bargain just eat up to much of the profit.
I haven't really checked out if they will let me trade at a
discount on the TSE and I should do that.
-------------------
RE > a certain amount of luck involved just like at the track.
To cope with that luck factor you develope a sence of odds, and
try to size up the part human nature will or may eventually play
as a factor.
At the track it's not to hard to pick sometimes 50% of the winners..
if you learn to handicap good, still if you bet every race you lose money doing that because seldom will most of them be paying 2 to 1.
I pass even the best runners if I don't get at least 3.5 to 1
on the tote board. I don't play the long long shots, just the
good ones that go off with what I consider almost twice the odds they
should have..( because the crowd over bet some other dogs ).
I get in talking about the track and I go on and on, every one likes
to be a winner , and it's a place I learned how to win on
a consistant basis. I can't win big by betting more money on
my picks as that cuts into the odds I need to make the
system pay. So while I have a winning system it works best
with a big crowd and large "win pool" On Sat. nights
with a lot of Joe6paks still I can only bet from $2 to $10 with out effecting the tote board ( shooting my system in the foot )
So while I can enjoy being a winner the system has a self imposed limit. And there is no way to make it into a get rich fast
System..in fact there is no way to make a living off it,
unless you live right next to the track and dont live very high
up on the hog. At my local track ( 60mi drive for me )
I can average about $55 to $60 ,a session ( of 12 to 13 races )..
Not much for the time it takes if you look at the practical side
of it. But for the fun side, hey I still like to go and get that
taste of being a winner, ( albeit even a modest one) I get the
satisfaction of knowing that 85% of the crowd is down as I
count my small change on my way out to the parking lot. <G>
Last while I use to; and now watch so many hopefuls handicap the programs to death ( over analyze ) I know that don't work without
one can find good odds and play the crowd first the dog
second. The key is in understanding the "tote" board
and how often the second or third pick will win on an average,
and having the patience to wait for double that average on
the tote board , ( placing the bet at the last minute if
the odds are right is also a skill one needs to develop )
-------------------
Watching that tote board like a hawk, as if the odds roll down a lot
on your picks just as "Their Off" you know you got real serious competition at the track doing just what your doing and then you
want to be sure you don't bet big on any of the races.
Some times the serious competition is not a big factor, other times
it can take the edge all the way away from you.
See I told you I talk to much when it comes to the track.
------------------
One term you used may have went over my head I want to ask you about.
Re watched it go to over 7.00 and now it is sitting at .70-.80 post 2 for 1 consolidation..
What is "POST 2 for 1 consolidation" after a split 2 for 1 ?
so that the .70 - .80 would really mean 1.40 to 1.60 in respect to
the 7.00 ?
That's the way I take it but I'm not sure I got it right.
Jim
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