OZmium Sports Betting and Horse Racing Forums

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- Horse Race Betting Systems (http://forums.ozmium.com.au/forumdisplay.php?f=10)

- - The Free Gold System (http://forums.ozmium.com.au/showthread.php?t=17009)

Chrome is right. If he wasn't, every bookie and Casino in the World would be out of business!

Still, gullible mug punters line up to believe in and even buy, loss into profit 'gold' systems, sprouted by rogue system sellers and 'faith' believers, who really do believe 2+2 =5. Bookies and Casinos really love this lot of dills.

Quote:

Originally Posted by topsy99

i remember about 30 years ago meeting a fellow that had bought "the gold system" . it was based on an american idea which randomly has a lot of appearl but would test the commitment of the user. i never used it but it may actually work.

this system was simply to back the longest priced last start winner in a race.

that is all.
if you recall over the past spring carnival a few bottlers got up.

and i suppose they get up every day. i recall over the past month i have backed trimvision twice at double figure odds (west aust) after he won the start before.
(not based on the gold system) i think trimvision has won 4 on end now the last as a short priced favorite.

Thats an interesting idea, based on the stats on winners and their final odds this might be profitable. I'm going to try it "on paper" over the next couple weeks and see how I fair. I don't know if you saw my thread but I tracked the winners and their final odds from Dec1-Dec22nd and found that there were quite a few winners with odds of $26. My logic being that its worthwhile because if you bet 1 unit, you only need to hit every 25th bet for it to be profitable.

The BESTEST GOLD SYSTEM EVAR v1337

Selection Criteria:
. Last start finished 1st
. Showing the highest odds for a win, using IASBET Fixed Price Win.
. If more than one selection, bet on both.

CAULFIELD
Race 6: 13-TAOS PLEASURE (2), $41. (LOL!)
Race 7: 5-OUR SPUR (1), $26
Race 8: 14-ETON (2), $9.00

--------------------
Go for Broke Gold System v666.

Selection Criteria:
. 3 selections (where possible)
. Last start finished 1st
. Showing the highest odds for a win, using IASBET Fixed Price Win.
. If more than one selection has the same odds, select one more horse with the next highest odds.

CAULFIELD
Race 6: 13-TAOS PLEASURE (2) $41, 1-COCINERO $11, 12-STAR ROSE (7) $9
Race 7: 5-OUR SPUR (1), $26, 4-YOUTHS EDGE (8) $15, 10-LECTRICE (9) $9
Race 8: 14-ETON (2) $9.00

Lets see how we go!

Quote:

Originally Posted by crash

Star Rose to win !

Nope! but one of the selections did come in.. Will post the final results etc after race 8 has run.

CAULFIELD RESULTS

The BESTEST GOLD SYSTEM EVAR v1337
CAULFIELD
Race 6: UNPAID
Race 7: UNPAID
Race 8: UNPAID

Bet 3
Return 0
P/L -3
---------------------

Go for Broke Gold system v666
CAULFIELD
Race 6: 1-COCINERO $11,
Race 7: UNPAID
Race 8: UNPAID

Bet 7
Return 11
P/L 4

-----------------------
for my information :)
Race 6: C NEWITT/ROBBIE GRIFFITHS
Race 7: D NIKOLIC/RODNEY DOUGLAS
Race 8: DEAN HOLLAND/ROBERT SMERDON

take it quietly i got miss badoura and cocinera i missed out on lectrice and our spur.
but was okay day.
but i wouldnt be taking short odds on anything many horses are not really likely to win two in a row.
son of spartacus and ima khan in bunbury were under the odds and bits of hacks.
sydney was a poor meeting didnt bet.
let adelaide r7 go as too difficult only listed last start winner was green machine and he qualified in 2004 which was too long ago.
bet of the day was cocinera with a last start listed win to his credit.

if you rekon a horse is unlikely to go 2 in a row, would it be better to look at horses that have placed 2nd, 3rd and firth? Maybe look at the margin they lost by?

Quote:

Originally Posted by pengo

if you rekon a horse is unlikely to go 2 in a row, would it be better to look at horses that have placed 2nd, 3rd and firth? Maybe look at the margin they lost by?

Is it perchance that you are slowly approaching handicapping maybe?
If so, Welcome brother, and may the form and class, guide you to your financial dreams.
Good luck

Iomeca,

Favs return around 86-90% with a strike rate of around 30%. I do not know any staking method that could (in practice) turn that type of loss with such a low strike rate into a profit. That would just be crazy.

But progressive staking plans do work with some systems/selection techniques (even if they are showing a small loss).

Good Luck.