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-   -   Fav betting with a twist (http://forums.ozmium.com.au/showthread.php?t=12862)

wesmip1 23rd March 2006 08:08 PM

35% Course favs or Higher
Hawksberry - WIN $1.60 first race = $6 ( Largest bet $10 total = $10)
Ipswich - WIN $1.70 fourth Race = $2 ( Largest bet $60 total = $100)

40% Course favs or Higher
No Races

Results Overall :

35% Course favs or higher
Meetings : 29
Profitable Meetings : 27
Unprofitable Meetings: 1
Profit : $104
Highest Bet : $220

40% Course Favs or Higher
Meetings : 7
Profitable Meetings : 7
Profit : $56
Highest Bet : $10

This keeps ticking along nicely....

Good Luck.

wesmip1 23rd March 2006 08:10 PM

Fridays courses to follow :

35% Course favs or Higher
  • Rockhampton (36%)
  • Sale (36%)
40% Course Favs or Higher
  • None
Good Luck.

brownie 24th March 2006 08:43 AM

Wouldn't it make more sense to look at tracks that have a low strike rate.
They have a probability potential if you get what I mean.
We know that they will approach the statistical average of 30%
Just my 2 cents worth

wesmip1 24th March 2006 08:58 AM

Brownie,

I would have thought that too. But it doesn't work that way. For some reason some tracks have a higher winning percentage of favs always. And others perform badly. It mighjt be the types of races being run, or some sort of course bias.

I ran over those that were under 25% favs winning and there were at least 6 meetings in the last 2 weeks that failed to produce a fav winner on the first 4 races.

Good Luck.

brownie 24th March 2006 09:32 AM

Well if it is working, then good.
Maybe long term might tell a different story

marcus25 24th March 2006 02:04 PM

Question
 
Hi wesmip!
How many years of back data did you use to arrive at the favs win percentage on the different tracks?
Thank's
Cheers

wesmip1 24th March 2006 02:49 PM

marcus,

Its based on the last 12 meetings. And changes as times progresses.
It is roughly the last 100 races.

Godd Luck.

wesmip1 24th March 2006 05:35 PM

Only the one Fav winner at Rockhampton. Wish it had come a bit earlier in the day. Still a winner keeps us in front.

35% Course favs or Higher
Rockhampton - WIN $1.90 sixth race = $1 ( Largest bet $90 total = $170)
Sale - WIN $1.40 first Race = $4 ( Largest bet $10 total = $10)

40% Course favs or Higher
No Races

Results Overall :

35% Course favs or higher
Meetings : 31
Profitable Meetings : 30
Unprofitable Meetings: 1
Profit : $109
Highest Bet : $220

40% Course Favs or Higher
Meetings : 7
Profitable Meetings : 7
Profit : $56
Highest Bet : $10

manygeese 24th March 2006 07:03 PM

wesmip1, could I ask if you are winning at level stakes..

I presume it is losing. Very interesting anyway. Has got me thinking.

If you want my 2 cents as to why mathematics may not apply is the human element in what makes a favourite.

If you back black everytime at roulette you may encounter a run of outs that doubling up simply breaks your bank no matter what casino rules are. There is no law to say that red couldn't suck up a billion dollars.

With favourites though, its not chance deciding. It is human beings deciding what makes a good bet and the run of outs or ins for favourites comes down to intellect, not chance.

Dunno if that makes sense but I know what I mean.

wesmip1 24th March 2006 07:34 PM

Manygeese,

I would think on Level Stakes it is down if you class each bet as a bet.

But if you class each Meeting as a bet then it is doing well. I assume you need a bank of approx $500-$1000 to cover $10 bets for a meeting if the run of outs start to pile up.

I will see hoe it goes. Maybe it is worth stopping at the 4th Race thus the maximum bet won't be too high.

I am just trying it to see how it goes. I am aiming to make $1000 or a month of posting before retiring the system.

Good Luck.


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