WHS - Warehouse Group

[JeremyALD]

This is a losing strategy , as you will come up against the table/ house limit on a bad run.

In theory it's very hard to get 20 bets in a row wrong with 50/50 odds, but I guess it's possible. Personally the strategy has never really worked for me, but I don't have big enough pockets to last more than 7 losses on the trot

[stoploss]

In theory it's very hard to get 20 bets in a row wrong with 50/50 odds, but I guess it's possible. Personally the strategy has never really worked for me, but I don't have big enough pockets to last more than 7 losses on the trot

What game you playing with 50/50 odds ?

[h2so4]

Starting at $1 the 20th bet is $524288 after having lost $524287 on the 19th bet.

[Snow Leopard]

Sorry but I am having trouble with the subject under discussion here.

Does the Warehouse have Roulette Wheels and the like on special?

Best Wishes
Paper Tiger

[Joshuatree]

Yes ; could rename this thread for newbies "HOW NOT TO INVEST"

[winner69]

Starting at $1 the 20th bet is $524288 after having lost $524287 on the 19th bet.

so the 20th bet is $1

[James108]

If anyone is actually interested in optimal bet sizeing google the Kelly criterion.

[Balance]

Just in case punters didn't see a few pages back

A thought - where would be the Warehouse sp be but for the Normans buying?

Based on last SSH, they have only 1.39% to go and they reach 20% - either corporate activity happens (merger with farmers?) or sp is going to be without support, especially now that WHS is getting kicked out of NZX50 this Friday.

[Baa_Baa]

A thought - where would be the Warehouse sp be but for the Normans buying?

Based on last SSH, they have only 1.39% to go and they reach 20% - either corporate activity happens (merger with farmers?) or sp is going to be without support, especially now that WHS is getting kicked out of NZX50 this Friday.

Normans don't build substantial positions without intent.

[Balance]

Normans don't build substantial positions without intent.

They have certainly dealt themselves into a pivotal position to influence any corporate activity outcome if Tindall ever decides to sell his controlling stake.