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-   -   Advice wanted from true pros. (http://forums.ozmium.com.au/showthread.php?t=18448)

Chrome Prince 5th January 2009 08:19 PM

I'd just make one point that systems that are close to breakeven or up to say 3% loss through RaceCensus are winners when best tote, top fluc or Betfair are used.

Bhagwan 6th January 2009 04:16 AM

Try using an auto bot for bet place ment on Betfair.

Have it stop as soon as say 4-6 losses in a row have been struck.

Cheers.

partypooper 6th January 2009 10:15 PM

Thanks Bhags, whilst I'm sure you have something there it's not for me, I like very clear cut selections in advance, betting where I know I will get the best odds available to the rank and file. I know there is a margin with betfair that is there to be exploited but I am not at that level yet, (knowing ones own limitations is a lot to do with it I reckon.)

I've mastered most of the old deamons, i.e spur of the moment betting, chasing losses, PATIENCE, and a realistic expectation of POT.

Crackone 7th January 2009 05:44 PM

Quote:
Originally Posted by Chrome Prince
Partypooper,

If you need to double your bets to create a reasonable income, I would suggest not doing so.
Let me explain....
You would be far better finding something that gives you more action, twice as many bets, rather than just doubling your exposure.
Of course, it must be something stable and proven.
Hi Chrome something that I have thought about is which it better,
800 bets returning 103% (unitab odds) or with a few filters
510 bets returning 115%

Cheers

TWOBETS 7th January 2009 06:30 PM

Crash Theory Course,
 
This is a subject close to my heart and I'm pretty sure young Crash skirted the concept in one of his informative posts. To beat my drum again, I only bet on the place for what I call favorites so I'm subjected to pitiful returns but of course the strike rate more than copensates.

Crash's theory went along the lines of the fewer times you bet the less you lose. (If I've got the wrong end of the stick Crash I apologise, it's just something that stuck in my mind and was a long time ago).

Since most peoples wagers come down to a trade-off between strike rate and dividends it sems to me that it makes sense "work wise" to aim for he highest strike rate possible (ie. the fewest number of bets). Reduced work load for same return !

Crackone 7th January 2009 06:38 PM

Quote:
Originally Posted by Crackone
Hi Chrome something that I have thought about is which it better,
800 bets returning 103% (unitab odds) or with a few filters
510 bets returning 115%

Cheers
got the numbers wrong!!

808 bets returning 103% (32% SR) 60% place retuning 97%
420 bets 115% (38% SR) 64% place 102%
all unitab figures over the last 10 months.

crash 8th January 2009 06:35 AM

[QUOTE=TWOBETS]
Crash's theory went along the lines of the fewer times you bet the less you lose. (If I've got the wrong end of the stick Crash I apologise, it's just something that stuck in my mind and was a long time ago).

QUOTE]

When it comes to form study it makes sense. Careful selection of 2 or 3 races to study and bet on is far better than betting a whole race meeting card where a lot of the races have runners with very little exposed form or even no exposed form. It often means the difference between profit and loss. System betting with lots of bets might be a different cup of tea, depending on the system. I haven't enough experience with systems to draw any definite conclusions regarding number of bets.

stebbo 11th January 2009 08:46 AM

Hi PP,

if you contact me offline I'd be happy to have a chat with you about your plans and give you a few pointers.

Cheers,
Chris.

partypooper 11th January 2009 12:24 PM

Stebbo, sounds good to me , but no addy for ya, mine is lumbasakabayo att hottmale dott comm

partypooper 11th January 2009 12:30 PM

Shaun, yes I have been looking at that (7 days etc) and looks very promising, I would be requiring 10-20 bets a week (or more) to make this idea plausible. I know I'm not asking for much (honest) but I also need a plan that I can operate on line from overseas, as I travel abroad a fair bit. I've tweaked the one I'm using now to be able to do that successfully.

Of course there is no reason that I can't operate more than one plan to arrive at the required no of bets as long as they all perform near the same.


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