Alright if you do 5 for a win and 10 for a place, you are only up 25.
Whereas if you do 10 each way you are up 99.

Think I'll just stick to 10 each way and see how I go. So far out of 4 race meets, overall I'm still ahead.

Sale
Race 8: 9

Only one race today, as I am only selecting a horse that meets the criteria if the place odds is paying more than $1.50.

Betting = 10 each way.

May need to drop the no betting if odds for a place is less than 2.00 if I find I am not being able to bet on many races.

My calculations were off for the overall return, its actually a profit of 83 for a 10 each way bet.

Not the 99.

Return 503
Outlay 420
Profit 83

19% Return, thats alright! :)

Sale 17/12
Race 8 : 9, DNP

0 for 1

Wangaratta 18/12

Mick Price Runner(s):
Race 3: 7
Race 6: 4
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My tips:
Race 7: 4

Wangaratta 18/12

Mick Price Runner(s):
Race 3: 7, dnp
Race 6: 4, dnp
nb: not part of my betting strategy.
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My tips:
Race 7: 4, 1st, win 2.00, place 1.30

1 for 1

Sandown 19/12
Race 1: 8
Race 2: 3
Race 3: 5
Race 4: 11
Race 5: 3
Race 6: 9
Race 7: 6 (there is another horse with the exact same rating, so I had to make a choice between 6 & 11).

Mick Price
Race 5: 11

So far only got a horse placing 3rd today for Sandown. To try and improve my results, I'm thinking I should average the last 3 ratings to get a better picture of its rating. As sometimes the race winner ends up being a horse that other than its last race had a rating of over 500. So that gives me the impression is a decent enough horse, it may have just had a bad run or something unexpected occured in the race.

I'll stick with my selections, but I'm going to go thru and see if I was to do what I mentioned above (average out the last 3 ratings) to see if I end up with thace horse that placed 1st or more horses placing top 3.

Ok so far, in the first two races, its changed my selections and they end up being the race winner!

Sandown 19/12
Race 1: 8, dnp
Race 2: 3, 2nd
Race 3: 5, dnp
Race 4: 11, 3rd
Race 5: 3, 1st
Race 6: 9, 1st
Race 7: 6, dnp

4 for 7

Mick Price
Race 5: 11, DNP