Using the profit on hold method doesn't this over-estimate the POT as it's not considering what you've actually put at risk to receive that profit, its only considering the profit side of it?

I've continued doing some backtesting and almost done back to the start of May now. Once i've finished that if it still looks profitable, i'll decide which bot I want to start using and trial the method walking forward.

Backtested to start of May:

MAX LIABILITY

SR - 80.86%
POT - 15.13%

NO MAX LIABILITY

SR - 80.86%
POT - 11.76%

Lay's for today for those interested (Lay the 1st Favorite):

QR 4
QR 8
NR 5
NR 9
VR 7
VR 8

forgot to say, lay if under $6 odds

Sorry was in a rush, its meant to be QR7 not QR8. Also just got stooged at Sunshine Coast, layed Shafeeq, late scratching, $20 horse wins so i just got money back.

average day yesterday, here is today's races for those interested.

Flemington:
R6
R7

Eagle Farm:
R1
R4
R5
R6
R7
R8

Rosehill:
R2
R3
R5
R6
R7
R8

Morphettville:
R6
R7
R8

Belmont:
R6
R7