I think he believes that his edge is being on a hot streak
until he truly figures out if he actually has an edge, his staking method will have zero impact on his long term success. He says in depth handicapping and that might be true but is that depth deep enough to overcome the margin. Some people win and they might be skilled and not know it. I got a friend like that he does really well, never models and is just barely under breaking even against the margin. I consider that talent because most lose the margin in general, so I would say my friend is skilled but reality is he is not skilled enough to beat the margin and he will eventually lose long term.
until he truly figures out if he actually has an edge, his staking method will have zero impact on his long term success. He says in depth handicapping and that might be true but is that depth deep enough to overcome the margin. Some people win and they might be skilled and not know it. I got a friend like that he does really well, never models and is just barely under breaking even against the margin. I consider that talent because most lose the margin in general, so I would say my friend is skilled but reality is he is not skilled enough to beat the margin and he will eventually lose long term.