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Shaun 10th April 2011 03:40 PM

How best to take advantage of these selections?

At the moment i am dutching for a profit, this means equal profit no matter who wins, sounds simple enough, but what if we have a situation like Black Caviars race where the prices have a huge difference or take today's race Wangaratta race 6 the 2 horses were priced at $3.90 and $17.50 dutching these would return me about $20 profit splitting the stake would return me $9.50 and $77.50 profit.

Big difference on the longer priced runner, is there more options i was thinking maybe bet in units depending on price, your thoughts.

wesmip1 10th April 2011 04:49 PM

The best way to do this is to work out your confidence on each selection and assign odds to each.

Based on the estimated odds (and assuming they are better then the market) you kelly stake them (or half kelly to be safer).

Shaun 10th April 2011 05:16 PM

That's not a bad idea, since these ratings are created by my excel sheet and i have no emotional input i could use the rated price but i have no confidence in the section that creates the price so i might convert the strike rate in to the price and kelly stake to that.

Shaun 10th April 2011 07:22 PM

Code:
Cranbourne Race 6 5. Old Guard $3.35 1. Reassemble $3.57 Narrogin Race 8 1. Lie In Wait $3.54 7. Movie World $4.38 Port Lincoln Race 4 2. Out For Lunch $2.50 2.75 5. Hightom $5.65 Port Lincoln Race 5 2. Roll On Bai $3.06 4. Dieselfuel $4.27 3.69 Port Lincoln Race 8 7. Yarterbery $2.49 10. Bracken Blue $6.68 Sunshine Coast Race 3 1. Ima Joker $3.45 4. Belletrist $4.75 Wangaratta Race 6 6. Nice And Neat $2.64 8. Private Jeune $6.39 15.93 Wangaratta Race 7 17. Lordoftheparrots $2.68 5. Becqu Adoree $7.14


Result 3/8
SR 37.5%
Outlay 16
Return 22.37
Profit 6.37

Shaun 11th April 2011 09:54 AM

Code:
Ararat Race 3 3. Mister Farinelli $1.89 8. Sigidas $6.93 Armidale Race 7 1. Prussian Secret $2.13 3. Starlist $6.98 Armidale Race 8 11. Usain Prince $3.66 4. Lohan $3.74

Shaun 11th April 2011 07:47 PM

Ended up with a 2 unit bet today for a loss

Shaun 12th April 2011 10:21 AM

Code:
Echuca Race 6 9. Tequila High $2.03 4. Distillery $7.29 Townsville Race 2 4. Foursreal $3.23 2. Carvelon $5.26 Townsville Race 4 3. Matiya's Pride $2.61 1. Elegant Roi $6.25 Townsville Race 6 2. Guru $3.52 5. Apache Pup $5.02

Shaun 13th April 2011 11:40 AM

Code:
Echuca Race 6 9. Tequila High $2.03 4. Distillery $7.29 Townsville Race 2 4. Foursreal $3.23 2. Carvelon $5.26 Townsville Race 4 3. Matiya's Pride $2.61 1. Elegant Roi $6.25 Townsville Race 6 2. Guru $3.52 5. Apache Pup $5.02 $4.82

Result 1/4
SR 25%
Outlay 8
Return 4.82
Loss $3.18

Shaun 13th April 2011 11:41 AM

Code:
Balaklava Race 5 1. Success Dostta $2.43 11. Goldstinger $7.30 Balaklava Race 7 12. Conduction $2.65 5. She's Good As Gold $6.18 Canterbury Race 1 1. Merge $2.09 7. Jade Tiger $7.32 Sandown-Lakeside Race 6 15. Eternal Sunshine $1.83 10. Count The Diamonds $8.91 Sandown-Lakeside Race 7 5. Princess Narine $3.12 4. Miss Bindi $3.67 Sandown-Lakeside Race 8 10. Mr Make Believe $1.98 9. Akihito $7.00

Shaun 13th April 2011 04:26 PM

Code:
Balaklava Race 5 1. Success Dostta $2.43 $5.72 11. Goldstinger $7.30 Balaklava Race 7 12. Conduction $2.65 $4.48 5. She's Good As Gold $6.18 Canterbury Race 1 1. Merge $2.09 7. Jade Tiger $7.32 Sandown-Lakeside Race 6 15. Eternal Sunshine $1.83 10. Count The Diamonds $8.91 Sandown-Lakeside Race 7 5. Princess Narine $3.12 4. Miss Bindi $3.67 $3.13 Sandown-Lakeside Race 8 10. Mr Make Believe $1.98 9. Akihito $7.00


Result 3/6
SR 50%
Outlay 12
Return 13.33
Profit $1.33


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