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Journal Journal: Dutch Wins and More at PTC

Premier Turf Club or PTC has always been about making the virtual race track experience as realistic as possible. It is the first account wagering service designed and managed by players - for players. That is why in the last few weeks, its website http://www.premierturfclub.com, a forerunner of the latest interactive technology, has upgraded its real-time odds dutching algorithm. This basically means that aside from the essential dutching calculator (the one that calculates the odds against each bet,) this program will also automatically accept bets through a couple of clicks of the mouse button. So what is dutching or odds dutching? Dutching is one of the many ways of hedging your bets. It is a wage placing strategy that may have low profit margins but has very high Win Frequency of WF. Basically, a player who performs any dutching wager seeks to reduce his possibility of losing by betting on multiple runners or horses; or multiple runner combinations for the same wagering event. The stake placed on each is a function of the public assessment of the probability of success - or simply, the stake goes up against the pre-race determined odds. A great dutching bet would have the same return if any of the wagers win. There are four possible scenarios when Dutching can be considered a great advantage. One, the player has narrowed down the possible winning runners to two or three; and all these runners can be wagered upon and still generate a positive return. Two, a false favorite is dramatically over bet, and profits can be locked in if any of the runners win (or at the very least, most of the chosen runners win.) Three, in a wide-open, chaos type race, a number of logical long shots can be identified and wagered upon. And lastly, the favorite contender or second favorite contender creates an exacta overlay with the other logical race contenders. Manual dutching can be further explained by this example. A player is betting on Entry # 1 at 5-2 and Entry # 2 at 3-1. A Dutching chart shows the $2 return is $7.00 and on # 2 is $8.00. A winning dutching wager would be an $8 bet on Entry # 1 and a $7 bet on Entry # 2; the return in both cases is $28. As a result, the profit on that $15 wager is $13 or roughly, 86% of your initial investment. With Premier Turf Club's new hrefupgraded software, dutching becomes much easier and faster. All a player has to do is to click off what he believes to be the winning runners; or, in the case of 2-horse wagers, contenders # 1 and # 2. After that, the program directs the player to set a total wager amount and the minimum return of investment or ROI. The software will automatically size all your wagers to generate an equal return should any of the checked off selection wins. The beauty of this upgraded program is that it is accessible to all PTC members, and it is very user-friendly. There are directional buttons and pop-out windows to guide the player like "View Bet Details," "View Wagers," "Today's Wagers screen, "etc. to name a few.
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Journal Journal: Moving to Linux

Kanati Inc. now embracing the idea of opensource, but for not techie geek like some of Kanati's employees here, moving to linux used to be a big deal. Contrary for techie guru here said it was cheaper, more reliable, and more flexible. HP, IBM, Novell and Sun Microsystems -- has dispensed with that fear. Supported by integrators and buoyed by ever-improving technology, all kinds of organisations are happily using Linux for a range of mission-critical services. Of course, there will always be certain applications that just aren't available on Linux: for example, or graphics-intensive tools are likely to prefer Windows. It's important to work out a strategy for keeping the two environments working in synch -- for example, keeping your data in a separate environment, such as a storage area network, neutral file server or platform-agnostic database, which is equally accessible from all platforms. Linux is no longer unsupportable. It's probably premature for most companies to slowly cut their ties with Windows but lets see what are the benefits of using linux and beside there's no license fee at all.

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