Originally posted on 05/06/2013:
I have been following these guys for roughly 4 months now. I joined in January and have to trust the backlogs to December 10th 2012. I have experienced 2 system failures since joining. However from December 10th to Feb 20th you could have quadrupled your money if you recalculate your minimum bet after each win to compound your profits. It takes apprioximately 15 wins to double your money. Since not all bets are 11/10 odds this will vary. If you double your money and pull half out and keep the other half in reserve. You would be profitable, albeit not by much. If you quadruple your money and then start this process you would be sitting on a decent profit. Ironically, if you used just the straight bet you would be up by a good percentage considering they have had 62 winners in the last 84 games. The problem is not that the system is not working, it is money management. Can they keep that kind of record going? I doubt it, but interested to see.
Starting February 21st they had a losing streak which was 6 games and one push before finally winning again on February 28th. Using the compounding method I described above you could have quadrupled again right before this current loss. I lost money both times because I was too aggressive, trying to grow a tiny amount of money into something substantial. Stepping back and looking at the results I realize that I could have made a substantial profit if I had just taken some profits off the table.
I am not alarmed about their system failure. If they keep up this pattern I can make a boatload of money, I just need to recallobrate my approach. What disturbs me is the the e-mail I got in this last failure.
"Start a new system today and let's get back the profits.We went over 4 months without busting. Sorry but we will get back the profits starting today!"
They busted in February. According to my calculations that was 2 months ago, not 4. This is a lie. I understand why they would say something like this, but if they are lying about this, then what else are they lying about. I have been setting up a marketing campaign to affiliate market this product. I have months of time and effort invested in it. This statement deeply concerns me.
I am an honest person. I do not bullshit people or try to cover my tracks when I screw up. I will not represent others that will. I am writing this to see if anyone else has cuaght them in other lies. So far this system is working. I would not feel bad about selling it to someone as long as they understand the risk. I have kept records of the plays so I know what the truth is. I am interested to hear your thoughts.