Something Interesting?

[michaelg]

Over the past two days if one had bet $1 on every horses at single figures in Don Scott's market and also limited races to a maximum of 10 starters then the results (Unitab divvies) would have been:

Friday
Outlay of $54
Return of $60.80
Profit of $6.80

Saturday
Outlay of $87
Return of $87.30
Profit of $0.30

Overall profit of $7.10 for a POT of 5%

However if they were bet S.P. and assuming a 6.5% take-out, then the results would have been:

Friday - a return of $67.44 from the $54 outlay for a profit of $13.44.
Saturday - a return of $95.45 from the $87 outlay for a profit of $8.45.

Overall POT of $21.89 for a POT of 15%.

I haven't looked at races of 11 or more starters.

[mattio]

What would be the result if you had done that for the past 2 months?

[michaelg]

Unfortunately I don't know because Don Scott's market stays on the R & S website for only a few days.

[michaelg]

I'd like to know seeing that one of today's selections (Sun Coast 6/8) won at $40. I backed all of today's selections and cannot lose.

[michaelg]

Out of interest, yesterday's results are:

UNITAB ($5 bets)
Outlay of $325
Return of $307
Loss of $18


S.P. (5% commission)
Outlay of $325
Return of $478.25
Profit of $153.25


S.P. (6.5% commission)
Outlay of $325
Return of $470.70
Profit of $145.70

There were 22 qualifying races which snared the winner in 12 of them.

Not a bad result for a very easy system, but will it ultimately prove profitable?

[michaelg]

Out of interest, if the selections had been boxed in quinellas the outlay was $60 and the Unitab return was $78.30 for a POT of 30%.