So Bhagwan, with your amendments to Benny's rules it is:

1. maidens only
2. Must be the the fav and must be between $1.50 and $5.00
3. must have finished 2nd or 3rd, in last race
4. Must have started 7 or more days ago

Is that what you are assessing? that is a little different to Benny's original rules which allowed for multiple selections (other than the fav and outside the $1.50-$5 range... or have I got it wrong??

I dont know.

I was assuming that nearly all Favs would be <=5.00

therefore I assumed the Fav was to be targeted,

I did notice some non Favs getting up to win but very few Favs that had a 2nd or 3rd for LS.

Ignoring resumers.

RULES
Maiden races only.
Betfair fav that ran 2nd -3rd LS
Price 1.50-5.00
Ignor resumers.

Today's results (Thur)
2 from 2 successes
Priced 3.60 & 3.20

Thur 29 Sep
Results
6 from 6

A clean sweep.

This plan has not struck any horror days yet.

Its in profit overall.

For period 3rd Sep to 29th Sep; Using Betfair Rank and Betfair SP price 10 seconds before start and betting Betfair SP $30 Liability it made a profit of $52.55 based on BF Final SP Price.

It's always good to see something in profit however:
$30 Liability? So you would be 2 losses away from being in the red.

Does that include the minimum 5% deduction for commission on EACH winner (not just the overall profit for the period - they ARE different)?

Hi Ocho - yes correct 2 losses and no profit. The calc is based on 95% of each winning lay.

Thanks for that 4legs.

Does it make much of a difference if a price range of 2.50-4.50 is used.

Oppps!
 

I just realised I did not set the lower limit! .. so the results posted were from $0 - $5. Sorry about that. So here are the revised results over a range of settings.

With these figures we are adjusting the data to get the best result, so to get an accurate result we will have to monitor going forward - but you have to start somewhere.

I am away until the 6th so will not have data for those days, and today my betfair got totally stuffed up so I am ignoring it also; but going forward from the 6th onwards I will be able to provide live updates if you require.

Below are adjusted results over various parameters. After an upper of $7 the figures dropped off substantially. The data range is now 3rd to 30th Sept using parameters as previously stated. ... Fred

$0 - $4.5		$ 62.48
$1.4 - $4.5		$ 92.48
$1.5 - $4.5		$ 122.48
$1.6 - $4.5		$ 182.48
$1.7 - $4.5		$ 182.48
$1.8 - $4.5		$ 105.51
$1.9 - $4.5		$ 191.51
$2.0 - $4.5		$ 130.57
$2.1 - $4.5		$ 131.16
$2.2 - $4.5		$ 107.85
$2.3 - $4.5		$ 116.87
$2.4 - $4.5		$ 76.55
$2.5 - $4.5		$ 67.26
$0 - $5		$ 58.70
$1.4 - $5		$ 88.70
$1.5 - $5		$ 118.70
$1.6 - $5		$ 178.70
$1.7 - $5		$ 178.70
$1.8 - $5		$ 101.73
$1.9 - $5		$ 191.73
$2.0 - $5		$ 126.79
$2.1 - $5		$ 127.38
$2.2 - $5		$ 104.07
$2.3 - $5		$ 113.09
$2.4 - $5		$ 72.77
$2.5 - $5		$ 63.48
$0 - $7		$ 87.90
$1.4 - $7		$ 117.90
$1.5 - $7		$ 147.90
$1.6 - $7		$ 207.90
$1.7 - $7		$ 207.90
$1.8 - $7		$ 130.93
$1.9 - $7		$ 220.93
$2.0 - $7		$ 155.99
$2.1 - $7		$ 156.58
$2.2 - $7		$ 133.27
$2.3 - $7		$ 142.29
$2.4 - $7		$ 101.97
$2.5 - $7		$ 92.68

Thanks 4legs.
Very interesting.

It shows that targeting the 1.90+ rang ,was the most profitable & constant across the board.

Sat Oct 1 results

Using price range 2.50-5.00
Maiden Favs placed 2nd or 3rd LS
Ignoring resumers.

5 successes from 7
+3.40 prof
5.7% increase on bank if betting 1.7% of bank (1/60th)

Interestingly there were 8 Favs priced less than 2.50
6 of those 8 won their race.
Maybe Sat has higher quality maidens.