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-   -   Test Lay Method (http://forums.ozmium.com.au/showthread.php?t=22672)

michaelg 13th October 2011 01:23 PM

Bhagwan, yes, yesterday was impressive, but its much too early to tell. Especially D.S.'s market can often be quite puzzling.

Today's first qualifying race (Wyong R1) has now been run. I made a profit of $17.07 using the method. He rated the $4.50 (TAB divvy) winner at $2.50.

Hoping it continues.

michaelg 14th October 2011 08:24 AM

Yesterday the method produced a profit of $84.29. After two days the profit is $146.62.

I'll now end this thread. The rules have been listed so if anyone likes this form of laying they can continue, or even apply their own variations.

If the success continues I might give updates.

The Ocho 14th October 2011 11:51 AM

That looks very promising michaelg, well done! :)

When you say "Lay them on S.P. providing they are under D.Scott's prices" do you mean above the DS price?. You gave an example where the TAB DIV was $4.50 and the DS price was $2.50. Wouldn't that not be a selection?

Also your laying at SP so that is the minimum liability of $30?

michaelg 14th October 2011 12:35 PM

The Ocho,

No, I'm laying them only if they are below D.S's price.

In the example we quoted where the TAB price was $4.50 and D.S's was $2.50 - it was not a lay bet. It would only have been if its S.P price was $2.50 or less. I won the $17.07 on No.2 because D.S's price was $4.40 yet its S.P price was $2.66 which is lower than D.S's price of $4.40 - fortunately it lost the race. I only mentioned the winner out of interest because it was an overlay with betting.

Looking at both days' results, there would have been a huge loss if the overlays were bet, but the opposite is true for laying the underlays which I did.

Yes, I have been laying them for the minimum of $30 on S.P.

michaelg 14th October 2011 12:46 PM

I should've realised that not everyone here is familiar with Laying, and mentioning what I did about the winner would be confusing.

Apologies - hope it is somewhat clearer now.

Bhagwan 15th October 2011 08:17 AM

Well done again Michael,

michaelg 15th October 2011 08:44 AM

Bhagwan, it still looks promising. Yesterday was another good day - a profit of $63.22.


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