i wrote this earlier...and thought, why not run with the idea myself...
the key to my approach is to bet all your dogs "to WIN" (not to risk)...aka. fixed target
will greatly conserve capital over the periods when dogs go very cold...as they will
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starting investment = I =10,000
after each card, B will be re-defined as B = I + N, where N = net gain, which starts out obviously at 0, so until any card#01 results register, B = I
will be employing flat-1% (but varying in $-terms)
of latest bank (as of end of previously-completed card) as my
set "twinit" ("to win it") amount, "t" which will vary from card to card, but be constant for each bet at a any given card...it's formula is B/100
the fixed-$ "unit" or "u" on the other hand will be defined by the unchanging amount $100= I/100
so, right now, after card#00, we sit with
I=10,000 --> u = 100, B=I +N = 10,000---> t= 100
and of course W-L, N-----> 0-0, 0
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first card ready, a lot of the basic set-up parameters i mentioned above become clearer by looking at it...
especially note how each play is to win exactly one fixed "twinit" amount, "t" which appears in the bottom-right cell...set at 1% of the latest (in this case=starting) bank, B...it necessarily starts out this very first card being the same amount as the fixed-$ unit, u (but henceforth it will vary...and its size will always indicate precisely the health of the Bank, B...versus the initial investment, I)
all numbers represent "generic $" (which would equal "actual $" if the investment I =$10,000)...generic-$ here do the same job as "units" but have the considerable advantage of having a more "intuitive" feel (precisely why people seldom tell you the "proportion" of something as 0.625....62.5% seems to hit the "meaning" nail on the head so much better)
any figure can, of course be instantly "converted" into standard-concept units by moving the decimal point 2 places to the left
card#01 sat 28-Jun initial values at top/card#01 chnges & new totals at bottom 10,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100.00 +prices Ventured Targeted status #days Add'ns Subtrac'ns N=A-S rhodes
257.00 38.91 100.00 U barbrena 217.00 46.08 100.00 U stephens 210.00 47.62 100.00 U musoke 318.00 31.45 100.00 U ∆ 243.81 164.06 400.00 0.00 0.00 0.00 0.00 0.00 Σ 243.81 164.06 400.00 0.00 0.00 0.00 0.00 0.00 171 prev 21-Jun 0 lnq= 10,000.00 10,000.00 B= 10,000.00 178 this 28-Jun 7 171 100.00 100.00
t = 100.00