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-   -   Strike rates (http://forums.ozmium.com.au/showthread.php?t=16470)

wesmip1 30th August 2007 08:50 PM

Sorry,

what I meant to say was assuming ROT = Profit what is the acceptable strike rate.

A long shot system that has 1 bet a day gets very annoying when you haven't won in 3 weeks but if you are betting 50 bets a day then you will usually hit 1 or 2 every day (or second day).

Again this is all assuming the method you use returns a profit.

Good Luck.

Chrome Prince 31st August 2007 01:43 AM

Partypooper,

Seems we could have saved ourselves some time, I also spent many months on exactly the same journey. I wonder how much diversified time has been spent when it could have been focused?

My findings were exactly the same.

The proportions and ratios were the same, strike rate always seems to be offset by diminishing profit.

One thing I did find, however, was that traditionally odds on favourites are slightly overbet, making the lack of money for the second favourite a longterm winning advantage (at say Betfair prices or Top Fluc).

partypooper 31st August 2007 02:57 AM

Crash, agreed , that was what I was getting at really.

Chrome, good to hear that my research was basically correct, and yes I deliberatly didn't go into 2nd favs at that point as I didn't want to confuse things even more,....... but I also detected an avenue there......the returns were just that % more in the backers favour, but as far as Betfair..... sorry not my forte' there.


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