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Sorry shy, I have previously tried to market what I do, so am not giving it away. Not allowed to sell on here, which is fair enough, and have copped abuse from closed minds in the past. Just to say that I back all runners in a race (where possible) on an e/w basis & have no losers.
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G'day shy,
I recommend you refer to the "bible"- Don Scott's "Winning More" and refer to Chapters 16 & 18. Everything you need is outlined there mate. Cheers. |
Thanks Mark... I understand and hope you're doing very well from your hard work.
Thanks Xanadu, it's about time I dusted that book off. shy |
SR6, 102% win, 266% place, result...punting bliss, and these weren't on the best prices.
ACTUAL OUTLAY $5790 ACTUAL RETURN $6002 RISK FREE PROFIT $212 WORST POSSIBLE RESULT +$202 BEST POSSIBLE RESULT +$907 Hardly seems worth it, or is it ?? Keep reading your books Xanadu, you won't find this anywhere. |
Hullo Mark,
Good luck to you if everything is rolling along smoothly. From your figures you made a POT of 3.49% from backing every horse in the race. It just seems a tedious task for such a return whereas if you selectively backed "certainties" in NSW or with IAS you would return at worst a 4% place div and you only have to back one horse. You may only have one bet per day whereas backing a number of "certainties" for the place a punter would be able to magnify returns significantly. Especially if that punter "pyramided" his/her wagers. As I said, all the best to you. Cheers. |
[ This Message was edited by: crash on 2003-07-09 17:54 ] |
Xanadu
Yes it was only 3.66% profit but could have been as high as 15.6%. As for certainties in racing....well, no comment. |
Xanadu,
Have to agree with Mark here, "selective" backing of "certainties" doesn't give you a guaranteed miniumum of 4%, you could end up with -100% when your certainty breaks down, misses the start, gets taken out by another runner or any of the other things that can happen to "certainties". What Mark is talking about is a guaranteed profit no matter which order they finish in (or which ones fall over!). Now if his average return is 5% and he only finds one race per week that could still turn a $5000 starting bank into $63000 in a year (although he may have trouble finding a bookie to take the large bets at the end of the year!). Not bad for such a small return. _________________ "Computers can do that????" - Homer Simpson [ This Message was edited by: becareful on 2003-07-07 17:20 ] |
Point taken becareful,
My own selective place-betting is between the 80%-90% range and yes it is not the same as getting 100%. However, my average div is $1.31 so I have a bit of leeway. As I said, good luck to anyone following their strategy and each to his/her own. "If it ain't broke, don't fix it!" Cheers. |
Hey Hay Chee, I actually find your concept quite interesting, this has actually worked for me before - well I think so anyway, if only it worked on the horses! There is an old saying it is a mugs game, but hey if one is winning the only mug is the person who made that saying up!
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