thanks for your email chrome.. just got home from work and had a try at your system i had pakenam race 9 down as nos. 3and 6 for a win got 4.00 for the 6 and 3.35 for the 3 ..are these the 2 you would have picked?? because i have absolutely no idea how to use a spread sheet or what the heck one looks like i couldnt open the atatchment you sent but i did a quick mental calc and had these 2 as definate picks

Thanks for that Chrome....looks interesting indeed

Only number 6 Viva Vettori was a selection based on the first rule, and you were unlucky as it was a lay bet which won.

I'll update the day's tally later tonight, as I have to go out for a while.

Thanks for the rules. Much appreciated.

Thanks for the rules chrome,looks interesting.
Rabbit

Tough day today - loss of 11.40 units

April total 104.77 units profit
16.45% POT

No Staking

Finished the day almost level.

-0.83 of a unit loss.

Chrome

I'm going to give this a go tomorrow.

Best of luck with it, but remember even an incoming tide has an ebb and flow ;)

When requesting via email, please include your forum username.

This is only because I don't want to send it out willy nilly to "passers by".
I've already had one person try to pass themselves off as a member, but that member had already contacted me on another matter, so the deception was apparent.
There are some naughty people out there!

P.S. Your email address and name remains absolutely confidential.

Didn't have a go in the end
 

I found I had too many balls in the air so I watched again. I like to watch.

Well you just saved yourself a lot of headache - today was a disaster (just waiting on Ascot to finish) and I'll post the tally, but it's looking a bit grim, I'm down almost 19 units for the day.

I know a few people were giving it a first go today, and it looked bad, but sure as apples the weekend or next midweek meeting will get it all back plus more.

You can't turn a 16% POT over thousands of races into a loss, when the profit is made up of hundreds of winners.

A loss of 20.03 units today

April tally

715 wagers
84.95 units profit
11.88% POT

Got back almost half of yesterday's loss today with a profit of 9.06 units.

April Tally:

738 wagers
95.91 units profit
12.99% POT
Flat staking.

Nice :cool:

There's no stopping the forum hoodoo though is there?

Yes it sems that way, and the poorpeople that tried it first time yesterday copped a bashing.

On the bright side it's still almost 13% POT for April including two horror days in the last week, so that's pretty good over the number of bets gone on.

The high point was 115 units profit, and I'd expect to be past there by close of business Sunday.

gave ias alsports away as a bad joke ...tried explorer and that froze as well ,very strange situation but i did how ever discover that sportingbet worked just as good 4 me thanks again 4 the tip chrome....

Today

5.52 units profit

April
839 wagers
93.17 units profit
11.10% POT

Where else can you get 93 units profit for the month, not based on longshots...for FREE!!!

Crackone, I sent a reply to your email just now.

Look at the prices for Bendigo Race 1 - a perfect example.
Check out the only horse which had a movement (so to speak).
Check out all the others that didn't.

Fluc 2 only.

Cheers.

Thanks for your reply only wish I read it abit earlier.

A loss of 9.1 units today.

April Tally

885 wagers
84.53 units profit
9.55% POT

A fair way short of the target at this stage.

i used sporting bet yesterday and these are the prices i got for the place on betfair wins were 3.10 3.45 3.80 2.62 1.56 3.10 2.52 2.16 1.35 losses were 2.80 2.52 2.00 thats as far as went as i reasoned that this was a good enough profit for the day ....nthham race 2 threw up no13 for me but i thought surely not and left it alone....pitty.

I'm a bit confused, did you mean Narromine?

Also be a bit careful using other websites, there are reasons to use IAS which may not be apparent on face value.

another good day enough profit for today bets were nr2 no.1 @2.22
vr3 no13@4.10
nr3 no11@1.38
nr3 no12@5.90
vr4 no3@1.41
nr4 no11@3.75
all place bets unfortunately again 2 day..

7.65 units profit today

April Tally

903 wagers
92.17 units profit less commission
10.21% POT

May kicks off with 6 units profit today.

tried my luck using my new slightly revised version and ith threw up the winner at the first in england betfair odds 17.50 win 2.22 place ...once again i only had the place bet...doh...

5.68 units profit today.

May Tally

58 wagers
11.68 units profit (less the 5% commission)
20.15% POT

Maria who??? :D

A thumper of a day today - profit of 19.04 units

May Tally

92 wagers
30.72 units profit (less the 5% commission)
33.39% POT

Anyone using this method?

Anyone using this method?[/QUOTE]Hi Chrome Prince used it today as had the day off due to rain. How do the figures compare Sat. Sun. and public holy. to midweek Mon. to Fri.?

cheers

The figures are comparable all days, except for the races where there are really small field sizes on the whole card.

Did you get a similar result to myself?

Used method 2 only +5.53 units
Had I used method 1 same result 19 units profit. (Hindsite)

Ah o.k.
Sometimes one method beats the other, but they are each independently still kicking goals.

Chrome

Still haven't used this on the local races but did achieve some success with a variation for the UK races last night. I'm restricted to Saturday and public holiday Australian meetings at present :(

Hi Chrome,

If everyone using your method used the IAS market and the same criteria for back or lay, then we would all be backing or laying the same horses. Wouldn't this mean that, on average, we would be backing at a lower price and laying at a higher price?

You mentioned that the liquidity would be better, but it would only be one side of the market.

Angry Pixie,

I haven't looked at using this with the UK markets as yet, but after it all settles down, I plan to investigate and analyse this further. The main problem I can see is that most of the markets just list the current market price and not the fluctuations.

True, but not necessarily.
If 20 people are looking to back a horse in the final minutes and have a set price criteria, then the price should go up by demand. Layers would have to increase the prices offered in order to get matched. As long as the backer doesn't take whatever is available regardless of price.
So optimally, if layers aren't getting matched and want to, they must raise their liability a few cents.
Of course you could argue that if the backer wants to get matched, he might have to do the same, but looking at the trends, if enough demand is there, you'll get matched, the more demand (read money), the more likely to get matched (within reason).
I've almost always managed to get a few cents higher than the amounts traded in the final minutes.I take one bet at the current available and two bets at 10% above that.

Gave back a bit today - a loss of 11.14 units

May Tally

128 wagers
20.14 units profit (less the 5% commission)
15.73% POT

Chrome

Ladbrokes seemed to work for me last night. No auto refresh though. Just applied your rules but only worked the lay side.

Just had a gander at Ladbrokes.

Yes, it should work fine under "view as racecard" as this view shows the fluctuations.

I'll start to keep records in June, as May I have set aside to finalise the analysis for Aussie races.