OZmium Sports Betting and Horse Racing Forums

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OZmium Sports Betting and Horse Racing Forums (http://forums.ozmium.com.au/index.php)

- Horse Race Betting Systems (http://forums.ozmium.com.au/forumdisplay.php?f=10)

- - Umitab Lay Method (http://forums.ozmium.com.au/showthread.php?t=26578)

Shaun

11th June 2013 09:32 AM

Can some one run these numbers for me based on $100 Lay stake please.

Selections 848
wins 645
Average lay price 6.70

Just want to see if my numbers are right.

Rinconpaul

11th June 2013 10:05 AM

Quote:

Originally Posted by Shaun

Can some one run these numbers for me based on $100 Lay stake please.

Selections 848
wins 645
Average lay price 6.70

Just want to see if my numbers are right.

Average nett profit after commish = $16.40 x 645 wins = $10,580
No. of bets 848 less no. of wins 645 = 203 x $100 = -$20,300

Loss is $9,720

Shaun

11th June 2013 10:20 AM

Wins is the runners that lost sorry, so they are the winning lays.

Rinconpaul

11th June 2013 10:23 AM

Quote:

Originally Posted by Shaun

Wins is the runners that lost sorry, so they are the winning lays.

Loss is $9,720

Shaun

11th June 2013 10:39 AM

ok ty

Shaun

11th June 2013 10:58 AM

Are you sure, does not look right.

Shaun

11th June 2013 11:08 AM

Think i am listing it incorrectly, my excel says different.

Shaun

11th June 2013 11:25 AM

In 63,860.50 (93.5 x 645)
Out 52,150.70 (203 x 256.90)average payout
= 11,709.80

evajb001

11th June 2013 03:22 PM

RP's calcs are correct shaun

Rinconpaul

11th June 2013 03:31 PM

Quote:

Originally Posted by evajb001

RP's calcs are correct shaun

Thanks Eva.
I think you'd better go back to the drawing board on that one Shaun. Even Bhagwans Black Box won't save this one mate.
RP

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