Forget ROI target ROC
Most bettors obsess over ROI. When I say most bettors, I'm talking about us here at OCP.
All our systems are judged on ROI, our tipsters are judged on ROI and our tipping competition is judged on ROI.
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(And by the way The Raiders is still showing a 63% ROI since April 1st when proofing started)
But what we really want is growth of our betting bank and you don't need a huge ROI to make big returns on your betting bank.
I was looking at a service this morning that has a 5% ROI so far and wondering if it is worthwhile.
So I ran some numbers.
If I had a £500 bank and made 1,000 bets per year staking 2% of my bank (£10), my 5% ROI levels out at 50 pence per bet.
1,000 bets with an average 50 pence profit per bet is £500.
I've doubled my bank in a year. A Return On Capital (ROC) of 100%.
5% interest at the bank would return me £25 in interest.
I guess the point is that a small ROI will do the job if you are confident of the consistency of that edge.
Something to think about🤔
All the best
Darren Power
PS Pete Last cherry picked the best systems we shared in On Course Profits and started the Ten Pound Tipster service, he has produced consistent profit from 1 to 4 bets a day Click Here to join
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