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-   -   Neural settings (http://forums.ozmium.com.au/showthread.php?t=23315)

rails run 30th January 2012 04:16 PM

Hi lomaca. I'm interested! When you say you review data alphabetically, can this be done on that website? Can you explain how l can do this please?

lomaca 30th January 2012 05:01 PM

Quote:
Originally Posted by rails run
Hi lomaca. I'm interested! When you say you review data alphabetically, can this be done on that website? Can you explain how l can do this please?
rails run
Sorry, this is my own programme, if you refer to UB's site I don't use it so I wouldn't know.

When I say I do races in an alphabetical order, it's just a custom of mine, I could just as easily use date or race number order.

With the Neural distance I called it a "Fun" system not unlike Partypooper's PPM.

The outs ore fairly long but divies range from $1.80 like today to $90.00 or more. I found the range of $7 + profitable but setting the lower limit to $10 the POT goes up from $78 to about $190.

Haven't printed out the individual race results or set a variable to count them, I don't know the exact number of outs.

Just by glancing at the screen when it's ticking over I guess that betting $1.00 you would need about a $100 bank to be absolutely safe. (whatever that means in this game?)

This research is just a byproduct of running my own rating's analysis since it runs concurrently with my ratings.

I collect a lot of data but only out of academic interest I don't use them for my own betting.

Because I make my living out of punting, I have an almost pathological fair of relying on someone else's tips or rating, because they can and often do change them on a whim, and where does it leave me then?

Today I had a $1.8 $7.5, $11.30 and a $4.90 winners, the last one was Gosford. race 8.
Only bet the two over $7

Missed out on Kilmore being out most of the day, and Te Teko was not done by R&S.

If you take the chance remember it was only one month, and don't even think of betting for the place. The win return of $185 had a minus $120 for the place, this is quite normal with low strike rate high win dividend systems.

Good luck

Bhagwan 30th January 2012 06:35 PM

Hi Imaca,
I believe its a very strong idea to do your own selection method because I feel in the long run , it pans out better than just following say an individual tipster for the reasons you mention.

Well done on those results.

------------------------------
One method of selection that can work is to target the 2nd+ 3rd + 4th Fav in live market where the Fav is not odds-on then use your favourite method of reducing it to one selection.

Maybe use something like your favourite Neural setting , other than the std setting , to work out the strongest contender of the 3 horses.

In races with 10 & less runners.

At least you know that you are targeting some good prices and not the fav all the time.


---------------------------

If you cant be bothered doing that then try this approach...

Betting 3 Horses a race.
Bet 3 + 2 + 1 = $6 per race.
On the 2nd + 3rd + 4th Favs

Fields 5-11 runners.

Just make sure that the 2nd fav is 4.00+

And the 1stFav is 2.20+ or maybe 2.60 or 3.00 or 3.20+ (Optional) have a play around with this setting rule

You shouldn't experience too many runs of outs.
Use $100 bank for this exercise.
That allows for 16 outs in a row.

STOP for the day once $6 profit is made. (Stopping is the hard bit)
We dont want to give it all back again once we have got it.
That's 6% on bank.

If all goes to plan that's 42% a week.

lomaca 30th January 2012 06:46 PM

Quote:
Originally Posted by Bhagwan
Betting 3 Horses a race.
Bet 3 + 2 + 1 = $6 per race.
On the 2nd + 3rd + 4th Favs

Fields 5-11 runners.

Just make sure that the 2nd fav is 4.00+

And the 1stFav is 2.20+ or maybe 2.60 or 3.00 or 3.20+ (Optional) have a play around with this setting rule

You shouldn't experience too many runs of outs.
Use $100 bank for this exercise.
That allows for 16 outs in a row.

STOP for the day once $6 profit is made. (Stopping is the hard bit)
We dont want to give it all back again once we have got it.
That's 6% on bank.

If all goes to plan that's 42% a week.
I'm testing something like this for a friend, but with his settings we drew a blank.
I will check your idea when I have a chance.

Thanks

rails run 30th January 2012 06:49 PM

Quote:
Originally Posted by lomaca
rails run
Sorry, this is my own programme, if you refer to UB's site I don't use it so I wouldn't know.
Thanks lomaca. I thought perhaps this was a 'back data' feature on the R&S site I hadn't yet discovered.

The Ocho 30th January 2012 08:23 PM

Quote:
Originally Posted by Bhagwan
Hi Imaca,
I believe its a very strong idea to do your own selection method because I feel in the long run , it pans out better than just following say an individual tipster for the reasons you mention.

Well done on those results.

------------------------------
One method of selection that can work is to target the 2nd+ 3rd + 4th Fav in live market where the Fav is not odds-on then use your favourite method of reducing it to one selection.

Maybe use something like your favourite Neural setting , other than the std setting , to work out the strongest contender of the 3 horses.

In races with 10 & less runners.

At least you know that you are targeting some good prices and not the fav all the time.


---------------------------

If you cant be bothered doing that then try this approach...

Betting 3 Horses a race.
Bet 3 + 2 + 1 = $6 per race.
On the 2nd + 3rd + 4th Favs

Fields 5-11 runners.

Just make sure that the 2nd fav is 4.00+

And the 1stFav is 2.20+ or maybe 2.60 or 3.00 or 3.20+ (Optional) have a play around with this setting rule

You shouldn't experience too many runs of outs.
Use $100 bank for this exercise.
That allows for 16 outs in a row.

STOP for the day once $6 profit is made. (Stopping is the hard bit)
We dont want to give it all back again once we have got it.
That's 6% on bank.

If all goes to plan that's 42% a week.

Hi Bhagwan. What's the stop loss on that last one? The profit stop is $6 but what would the stop loss be with a $100 bank (as you say).

The Ocho 30th January 2012 09:21 PM

Actually Bhagwan. I just ran that over a number of different days at random (stopping at +$6) and it didn't turn out too good at all. :(

Bhagwan 31st January 2012 12:26 AM

Stop loss can be approx 30%
or have a bank of 200.00 split half & half.
2 operating banks of 100 +100
At end of week , add 2 banks together.
Then split half & half again.
Keep doing this each week or month.

You smallest bet will be 1% of operating bank ($100) & bet accordingly on the others.

-----------------
Hi Ocho
If it did not pan out - It tells me different rules were used, what rules were you using , can you give us a list of the race numbers used & venue.

Here is a sample of that plan used ...

RULES I used.
5-11 runners
1st Fav 2.60+ (This is the option I chose to use)
2nd Fav 4.00+
Target 2nd-4th Favs
Bet 3+2+1 = 6 a race.


Result Mon 30th
UniTAB Divs used.
Goulb
.......Div.....O/L
R1. 4.00 x 3.00 = 12.00
R.4..8.20 x 1.00 = 16.40
R.5..5.30 x 2 = 10.60

Scone
R.6..6.70 x 3 = 20.10

Kilmore
R.1..4.40 x 3 = 13.20
R.4.. Loss -6.00

Total 5 wins from 6 races.

Ret 72.30 (UniTAB)
O/L 36.00
Prof +36.30
100% POT

This of course is only one day will vary day to day but it shows the potential on a good day.

There will be profitable & not so profitable days , just like all methods.

Please do your own due diligence , by going over past results before betting any real money.

The Ocho 31st January 2012 06:22 AM

Yes, you are right Bhagwan. It wasn't run exactly as you say but the first fav was over 2.20 although I'm not sure about the amount of runners.

In your example you have a profit of $36.30 however you did say to stop at +$6.

Just on a side note, I tried that last night on the first hour and a half of UK greyhound racing before I went to sleep :oops: (in SIM mode with my bot) and it made +$50. I'm not sure it will work every time though.

Maybe instead of stopping at +6 or -30 you have a trailing stop of -30? That way a bad day is a 30% loss of bank but on a good day the sky's the limit. In the UK greyhound example if it had of hit hard times after the +50 it still would of made +20 after stopping due to the -30 trailing stop being hit.

However, this goes against what you're saying about stopping at +6. I think any system where it would take 5 days just to get back to square following one loss is too long.

kiwi 31st January 2012 09:35 AM

Setting the default for all distances is not very effective.

I have three settings, one up to 1350m another for 1400m and another for 1600m+.

I find the neurals tend to run hot and cold profit wise and can't be relied on as an exclusive tool.


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