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The Forum > General Discussion > Last 'Debate'

Last 'Debate'

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Paul,
Of course I’ll be cleaning up, as usual; all bets are in and neatly covered and if they are honoured, as they usually are, I’ll make a handsome profit.
People always let their emotions get in the way of reason when betting on elections.

Here’s a good tip for the dogs, any venue that has more races than starting boxes will have one box win more than once.
Don’t bet on the first race but back that winning box in the second and so on, can get a bit complicated mathematically so if no result by the fifth race it’s time to call it a night.
Overall it works.
Posted by Is Mise, Saturday, 21 May 2022 9:15:27 AM
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My girlfriends down at the polling booths doing the 'how to vote' cards for One Nation,
- And she's working it pretty good too, got to give her credit.

A fair few people seem receptive to her down-to-earth in-your-face friendliness,
- whilst the other party's people are all standing around like bored and miserable mutes.

Her daughters there as well, I took down an umbrella, Allen's lollies, corn chips and KFC crispy strips and popcorn chicken to keep them going.

Then I voted.
Posted by Armchair Critic, Saturday, 21 May 2022 2:47:27 PM
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Hi Issy,

You are putting forward a "multiplier" scheme, which in gambling always fails, as its built on the false premise that previous results have an influence on future results. Example; Toss a penny (Two-up), say, wait until 'tails' comes up 3 times, then bet 'heads' and should tails win again double your bet on the 5th throw, and so on until 'heads' wins. No matter how many times in a row "tails" is tossed, on the next throw the possibility of 'heads" is still even money.

This above is called the "Martingale" principle, popular in French gambling in the 18th and 19th centuries. It was again championed by 'Pittsburgh' Phil, (George Smith) noted American gambler of the latter part of the 19th Century. 'Pittsburgh' Phil did enjoy great success with it at times, but inevitably the system failed, but the guy then turned to "racing annalists", which did give him a competitive advantage over others, and 'Pittsburgh' Phil died wealthy, but of tuberculosis, and not gambling stress in 1905, aged 42.

But however, a bloke who declared ScuMo' a certainty in a two horse race is not a very good form annalists, and should end up in the poor house! Do you not agree?
Posted by Paul1405, Sunday, 22 May 2022 6:24:42 AM
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Paul
It’s not a multiplier scheme, where there are fewer boxes than races it is a mathematical certainty that one box.will win more than once. It’s not gambling it’s printing money.
Posted by Is Mise, Sunday, 22 May 2022 9:35:58 AM
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Issy of course it is.

Box 1 wins the first race, so you bet box 1, $1 the even money favourite in race 2, a loss, race 3 box 1 is again even money favourite, bet $2, another loss, race 4 box 1 again even money favourite bet $4, another loss, race 5 box 1 even money favourite bet $8, another loss, time to quit with total losses at $15. Gee, what a great system.

BTW; How did your Shooters and Hooters get on. I believe they scored about 0.01% of the national vote. They are as popular as ants at a picnic. More dosh needed from the NRA, the KKK, President Putin!
Posted by Paul1405, Sunday, 22 May 2022 11:03:36 AM
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Paul,
No, that is following a box.
The system is box 1 wins the first race, in which you do not bet, you back 1 to win (or place) in race 2, box 4 wins, so back 1 and 4 in the third and so on, but not past the fifth race as the layout gets complicated.
If you don’t win then go home and continue at the next meeting.
It works.
Posted by Is Mise, Sunday, 22 May 2022 11:21:45 AM
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