Forum Archive Index - November 2003

["FLODEN, Evan" <600180@student.collegiate.school.nz>]

Well I ran the figure and I'm sorry to say Macdunk that it doesn't quite work 
out for this one.
Based on the best odds I could find

NZ Win (Using Australian TAB) = $1.28
Australia Win (Using NZ TAB)  = $4.50

Using your ratio of 2:1  ($500 on Aus, 1000 on NZ) we get the figures:

If NZ win return = loss of $220
If Australia Win = gain of $750

This particular bet isn't quite workable but i'll try find an example that 
maybe traders will gain on.

I have however figured a formula for which you can enter the best odds you can 
find on both teams and it will work out firstly if it is proffitable, and then 
at what ratio. If anyone is interested I am willing to post the excel sheet.

Also after all the talk about the gold etc, I am wondering if it really can be 
as good as everyone saying it is eg. the fairshare website. When it come to 
investing in gold stocks (on ASX), is there anything one must specially look 
out for? and being a student I can handle allot of risk (I figure I've got at 
least 60 years of trading ahead of me), so would only choosing a two or three 
ASX gold stocks be acceptable?

Cheers,
Evan 
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