Within the next few days, will send out a new spreadsheet to those who contacted me.

Todays result was 6.08 units profit using the revised parameters ;)

Thanks Chrome.

I'm still working the kinks out on the spreadsheet, as I'm only getting half an hour a day to do it. Will send it as soon as it's finished, but it might be early next week. Not enough time :(

Anyhow, today's profit was 5.92 units.

G'day
Sent you an email but didn't get a response. I'm left wondering, does that mean I'm going to get the data requested or .....?

Diogenes,

Please send me a blank email with your forum username as the subject and when the spreadsheet is finished I'll send it to you, no problems.

You may not have included your forum username, or I may have missed it completely, sorry.

The reason for the delay, is that I'm acquiring extra information, using the method daily, working on an update to my database and being called out on computer jobs, and there just isn't enough hours in the day.

Today was breakeven, lost 0.03 units

Working on the spreadsheet in the wee hours

7.43 units profit today

Thank you and no problemo, I have sent that to you....scrolling back for the addy I got to have another chuckle at the "Catchit" commentary.
Making a profit today is impressive enough, I am keen to have a look at this system.

Yeah Catchit ran second at the Sunshine Coast yesterday as well.

You should have heard the call - had me rolling on the floor....almost.

:D

Update sent to those on the list.

Unfortunately, I can't send to anymore people, there are now 15 people on the list and that's my maximum allowance out in the marketplace.

The spreadsheet does not have all the entries it should, but I'm sure you'll get the drift (pun intended).

Pay particular attention to the way I use it explained in the email, it's working a treat now that the kinks are ironed out.

For myself, 200 units profit in the last two months on Australian racing, and considerably more on overseas racing.

Cheers.

14.12 units profit for Sunday :D

Chrome

I must say that I am confused.
Your study of over 56000 races shows that backing favs that shorten by more than 3% shows a profit. Now the same study shows that laying all opening favs, except those that drift by more than 40% is showing a profit. Do both sets show a profit, if so is it more profitable to lay?

Mark
I do prefer to lay favs rather than back them.

1776 [-15] members & our many quests completely in the dark Chrome Prince :confused: but well done anyway ;) please continue to keep us [un] informed :)

Yes it does show a profit, but for some reason the last two months show a loss. That reason is shrinking dividends.

Therefore it is now not profitable, but may be at some stage in the future.

[QUOTE=Chrome Prince]Yes it does show a profit, but for some reason the last two months show a loss. That reason is shrinking dividends.

Hi Chrome I have noticed it is alot harder to get a good price these days. When Betfair started you could easily get 50% over IAS price , not now. Prices are not much better than the tabs.

4 units loss today.

Crackone,

Yes in some cases where there is a push for a horse, it is very hard to get a better price, but when they drift it is easy to get up to 40% or more better than the TAB price.
Watching the movements live daily, it is obvious that bookmakers are laying off into the market (judging by the volume of single large bets) and driving the prices somewhat.

As an aside, there was a horse in the UK last night that had it's third hurdle start in seven days and won. This distance was more than three miles and he just snuck in by a photo. But it's amazing that a horse can perform so highly after three very tough runs in 7 days.

[QUOTE=Chrome Prince]4 units loss today.


Watching the movements live daily, it is obvious that bookmakers are laying off into the market (judging by the volume of single large bets) and driving the prices somewhat.

Yes they do drive the prices, up and down. Have you noticed the large bets just disappear, often thought it may a ploy to take the smaller odds!

Yes and notice it's always $5,000 $6,000 and $7,000 etc.

I think that should be -16 watsonnek, CP & 15 others :)

Thanks catweazle, I stand corrected ;)

Hello Chrome Prince
 

would you mind recaping in general what this thread is all about..started perusing but got lost midstream (and its a pretty big stream LOL)...thanks in advance..

The gist of the thread is taking advantage of bookmakers fluctuations as an indicator to the chances of a horse (nothing new) and then selectively laying or backing them based solely on the margin of fluctuation, thereby making a profit on an otherwise losing propostion.

However, I don't want this thread to take a negative turn simply because I can't publicise it on the forum.

Therefore, I think it's time to end the thread.

Thanks to all contributors and spectators.

Here's an updated graph of the profit trends since going live. Hope a few of you stuck with it and made a killing :D

Graph

To explain the vertical column, it's the number of units profit.

The summary goes

2,868 wagers
191.76 units profit
6.69% POT

Just been looking over old threads and came across this one. Quick question, is it still making a good profit since your last postings?

Cheers

Sure is Thorns ;)

Think I emailed you about this today.

Good luck with it.