Get into it Pengo, thats the way son......

Can i ask 1 question? If you lose whats the last $10 in your account saved for. Most bet anything under 5% of bank youve strangely put up 98% of yours?
Why arent you buying an air conditioner Pengo?

Wow.... Outlaying 98% of your bank, not even Grand Armee is THAT crazy.

Race7:
11-Catbird Kitty
TAB ONLINE: 5.7
BET FAIR: 5.5
STAKE: 100
LIABILITY: 550
WINNING LAY
RETURN 650

START BANK: 560
END BANK: 660

Could be moving so don't want to have to lug that around!

Its easy when its monopoly money.

What for the last then Pengo?

Don't know don't have enough time, got sidetracked.. damn work!

Lets do
Bowtrice @ 10 on betfair.

I've layed Bowtrice

great minds think alike.

Geez, jockey's fell!

Hope they are OK both jockey and horse!

A mate rekons to place bet on horse that have won at the distance & track, so far today its done OK.

Nice to win but not like that. Sound's like a very nasty fall.

Pengo...im out!

I just cant help having that gut feeling that your from another site just having a crack with a million onlookers.

************, I backed it!

Wife picked up Bonny Cat at $9 win. Terrible falls. C. Pulls and another girl [Yendals wife I think] away in the ambulance unconscious. Hope their alright.

Oh well. I'll let you catch up. I'm not working again till Friday ;) :D

Well the other forums I'm from would be Overclockers Australia but thats a computer forum :)

I don't mind the audience ! If I manage to make back the original bank of 1,000 I might try it for real. Still its showing its not like printing money thats for sure, but then again I haven't really worked out a system yet and just going based on price so I can simulate a match to simulate a result. I'm thinking about have my selection criteria be for a shortlist on candidates: Jockey is a Apprentice, TAB odds are between 5-11. Then take a look at their form and make a final determination.

Pengo!
I would not know betfair or lay betting if it bit me on the bum, so I am not giving you betting advice. What I can see here, is that people trying to help you and you are avoiding good advice at all costs.
Remember! if you don't take the free public school classes, you WILL have to take the very expensive course of experience! And that will hurt!
Good luck
PS see you on the comp forum. what's your nick? or just give a hint on that forum by mentioning something about horses!?

Yeah I appreciate the advice, its all taken under consideration.

My nick on ocau is pengoz

Sorry mate! with hindsight, why don't I keep my opinions to myself?
Nothing worth than a b... busybody.
Good luck.

If it looks like I'm not taking advice, its only coz I'm just having a play and trying different things.

I want to see if I can make the bank back by laying aggressively.

Next I'll try sticking to short odds favorites and so only risking a portion of the bank.

Hi Pengo,
Heres an observation for laying very short priced Favs that one may like to check out.

I have noticed quite a number of short priced favs tend to fall over if they are carrying the same or less weight than last time.
In races 1100m+
Including odds-on shots.

Cheers.

Hang in there Pengo, your free to ignore the coat-tuggers and urgers even if they are probably right in their opinions!

BETFAIR: 10.00
STAKE: 66
LIABILITY: 660
START BANK: 660
END BANK: 726
-

Above post just to know where I'm at for my bank.

Will keep my eye on the favorites as per your criteria Bhagwan. If the price is right on betfair for a lay I'll lay it.

Favorite, same weight or less than last time 1100+

Devonport Race 2
3. Cosmic Elf
Betfair 3.25
Stake 30
Liability 97.5

BANK: 726

Big Cruiser by a length! I love this, its great wanting a horse to beat yours ahhaha, god thats weird :P

Devonport Race 2
3. Cosmic Elf
Betfair 3.25
Stake 30
Liability 97.5
WINNING LAY
BANK: 756

Same criteria as previous post, but I don't like this race as its short on runners but anyway we'll do it! So we won't risk as much, only what we won from the last race.

Port Linc R1
1. Buster Haze
Betfair 2.45
Stake 12
Liability 29.4

BANK: 756.

Port Linc R1
1. Buster Haze
Betfair 2.45
Stake 12
Liability 29.4
LOSING LAY

BANK: 726.6

S'Coast Race 2

5. Raining Kings
Betfair 3.65
STAKE 50
LIABILITY 182.5
BANK 726.6
WINNING LAY
BANK 776.6

LOL I keep laying horses that lose by a nose ahhahahahahaha

It's the one's that win by a nose I hate.

Lets go the fav.

Sandown R4
3. Spinning Lady
Betfair 2.5
STAKE 6
LIABILITY 15
BANK 776.6

Sandown R4
3. Spinning Lady
Betfair 2.5
STAKE 6
LIABILITY 15
BANK 776.6
WINNING LAY
BANK 782.6

Devonport R6
8. DARE WE DREAM
Betfair 4
STAKE 6
LIABILITY 24
BANK 782.6

Devonport R6
8. DARE WE DREAM
Betfair 4
STAKE 6
LIABILITY 24
WINNING LAY
BANK 788.6

lol at the horse named MayWynn on Tuesday, well it didn't win on wednesday!

2. Global Warming
Betfair 4.1
Stake 6
Liability 24.6

2. Scorched Earth
Betfair 6.2
Stake 6
Liability 37.2


Bank 788.6

2. Global Warming
Betfair 4.1
Stake 6
Liability 24.6
WINNING LAY

2. Scorched Earth
Betfair 6.2
Stake 6
Liability 37.2
WINNING LAY (had to put this one in when it jumped the barrier prematurely, no way it was gonna settle down intime and win)

Bank 800.6

PT LINC R5
1 GRAND PALAIS
Betfair 10.5
Stake 10
Liability 105.00


6 ACE OF GRACE
Betfair 8.6
Stake 10
Liability 86


8 Cozy Smytzer
Betfair 14
Stake 10
Liability 140

Bank 800.6

wow what a run by 5-ONE WILD SEA

PT LINC R5
1 GRAND PALAIS
Betfair 10.5
Stake 10
Liability 105.00

6 ACE OF GRACE
Betfair 8.6
Stake 10
Liability 86

8 Cozy Smytzer
Betfair 14
Stake 10
Liability 140


All winning lays, put in last 2 late (when they had problems at the barrier).

Bank 830.6

S'Coast R4
7 CA PLANE POUR MOI
Betfair 5.5
Stake 10
Liability 55

9. Miami Rose
Betfair 11
Stake 60
Liability 660

Bank 830.6

I'm going for making back the bank!!! Hope no 9 don't come in LOL. I'd be ok with 7 coming in as 9 covers it and I'll still be ahead.

LOL ******** AHAHAHAHAHHA

What the ******** happened in that race.

Good thing this is monopoly money.

Hi, Pengo.

If I'm reading your Lay bets correctly, then your calculations may not be accurate and if so, it is doing an injustice to your results.

For example, today at Pt Lincoln race 5 - your post says you are staking $10 at a Lay price of $10.50 on Grand Palais and that the liability is $105. In your calcs your stake of $10 has not been deducted and therefore the true liability is only $95.

If you go to Betfair and input a stake of $10 on a Lay price of $10.50 you will see that the liability is $95.

Miami Rose at Sun Coast race 4 is unfortunately an accident. Most layers have a cut-off price and will not Lay over that certain price. As it paid double-figures on Unitab maybe its Betfair price would have eliminated it from being a selection?

Good luck.

S'Coast R4
7 CA PLANE POUR MOI
Betfair 5.5
Stake 10
Liability 55

9. Miami Rose
Betfair 11
Stake 60
Liability 660
LOSING LAY

Bank 115.6

Oh yes you are right, i was just doing what would get removed from my account.

9. Sequinella
Betfair 4.6
Stake 25
Liability 90
LOSING LAY

Bank 26.6

Going after the short priced horses doesn't seem too good!