Sahasastar,

Take the profit.

Divide it by the MAXIMUM win dividend.

The higher the number, the more likely to succeed.

16 races is unfortunately a drop in the ocean, you need close to 1,000 to get any clear indication.

If the profit is made up from 1 or 2 winners (based on the above calculation), then relax and take it carefully, it is not likely to succeed.

Here is an example of what I would call likely to succeed.

Selections: 586
Winners: 289
Strike Rate: 49.32%
Profit: $60.60
POT: 10.34%
Average Dividend: $2.24
Maximum Dividend $2.90

20 runners make up the profit based on the maximum win dividend.

The chances of 20 occurrences being a coincidence are very small indeed, over 586 bets.

Hi Chrome,

Can we have the system for that example please? 8-)

Sir Crash,
 

"Can we have the system for that example please?"

You have a great sense of humour Sir Crash. Seriously though, this does highlight another aspect of systems which many people fail to grasp.

Because a system is just that (mechanical) without the input of judgement by the likes of Sir Crash, it means any idiot (even me) can apply it to make money. Herein lies the rub. If anyone can use a system to their advantage, then it must follow that as soon as this system is known to anyone other than the author the system will become useless.

Ergo: you must write your own systems until you find that 'HOLY GRAIL' and when you do, tell NOBODY!!!!!!!!

I think you could stick a successful system on the footpath outside Randwick races and it wouldn't make a jot of difference to it's profitability. To prove my point ( and TwoBETS please prove yours) Dr Ziemba et al demonstrated way back in 1984 that the place divvies on short priced favourites were inefficient. That is, backing shorties for the place could generate profits. Such inefficiencies in the place market across the three TABs still prevail today.

I believe you have access to PPPro TWOBETS. Enter Sat metro ABSM for SP 2.0 or less and tell me you couldn't extract profit for the PLACE using best of three TABS. And remember, this system was published for public consumption over twenty years ago.

Back to you Chrome Prince. Please post the rules for forum examination otherwise I can not see the point of your post saving "bragging rights". Same with you Pooper, give as a look at your place system because we've had a gutful of the Plum Mover Muck.

Hi Crash,

Of course you can....

http://forums.ozmium.com.au/showthread.php?t=10642

It's one of four FREE systems you get with the program.

:)

Then you missed the point.

You see, I'm just a wide eyed innocent fool. Well... you're not in the vendor game Pooper so I'll pin what remains of my Forum faith in you. Don't waste the opportunity - we all believe in your good heart.

My database is an authorised advertiser on this forum with consent and mutual agreement with management.

It seems you paid for another progam, so why not go to that forum and attack that vendor?

The whole point of the original post was to help saharastar with calculating winning strategies.

After that, I got asked a question and answered it within forum guidelines.

End of story.



7% loss on turnover using best of three TABs.

DR. (P.I.T.A.) Pangloss

Same with you Pooper, give as a look at your place system because we've had a gutful of the Plum Mover Muck.

how many of you are there? (We've)

Dr Pangloss - what exactly do you add to this forum?