Spike, I get what you are saying. I think that playing on balance as an expectation is a fallacy. You can use it as a bet selection, but it will never work in a predictable way that makes you win more than you lose. My version of balance point is purely about the money. If you flat bet on even chance then you need to win one of two bets to break even. So my definition of balancing comes from breaking even.
Perhaps I should stop using balance point.
Perhaps I should stop using balance point.