We have been asked to provide a profit analysis of the season so far, assuming a $1,000 bank rather than our usual $10,000 bank.
The risks and the profits are the same for a $10,000 bank member or a $1,000 bank member. However I do realise that some smaller-punting members do like to see their results in black and white without having to divide the usual $10k bank analysis by 10.
So let’s look at Elite’s four main strategies for this season so far (August-December).
Season So Far $1,000 Bank
Elite-Combo Betting $1,000 Bank
Most members betting on the Elite-Combo qualifiers have one single bank to cover Mel and Syd.
Here is the printout of all bets so far this season: Combo Betting Mel and Syd This Season $1000 bank Pdf
The Net Profit for a $1,000 bank is $679
Platinum $1,000 Bank
Here is the printout of all bets so far this season: Platinum Betting this Season $1000 bank Pdf
The Platinum Net Profit for a $1,000 bank is $940
Metro-Express $1,000 Bank
Here is the printout of all bets so far this season: Metro-X Betting this Season $1000 bank Pdf
The Metro-Express Net Profit for a $1,000 bank is $572
Adelaide A Bets $1,000 Bank
Here is the printout of all bets so far this season: ADL A Betting this Season $1000 bank Pdf
The Adelaide A Bets Net Loss for a $1,000 bank is $54.
Is it Worth It for a $1,000 bank member?
A member operating a $1,000 bank on all four methods would be $2,137 in front!
($679 + $940 + $572 – $54 = $2,137)
The cost of a membership that covers the complete Elite-Suite is $229 per month.
August 1st to mid-December; 4.5 months x $229 = $1,030.
That leaves $1,107 net profit. That’s a lot for a $1,000 bank punter.
If you are a $10,000 bank punter then, for this exercise, you must multiply by 10.
10 x $2,137 net profit = $21,370. Less the same membership cost of $1,030 = $20,340.
The membership cost is the same regardless of your betting bank so that cost is obviously better absorbed with a bigger bank.
Punters big or small are winning with Elite.