Place Betting
Hi guys,
Trialling live a place betting strategy which should be profitable using a bookie. I can't tell you who the bookie is nor the guts of the strategy, I'll just post the tips and the prices I got and see how we go, could be extremely profitable or go down the gurgler, but I have high hopes for this one. I can tell you it has nothing to do with form and I have scanned every race to make selections. Geelong R3 #13 $1.40 R4 #14 $1.75 R5 #2 $1.70 R6 #4 $1.30 R7 #5 $1.65 R8 #6 $1.55 Gosford R7 #6 $2.05 Cairns R5 #7 $1.90 R8 #9 $1.80 Albany R7 #8 $1.65 |
So yesterday I finished -.70 unit loss. No need to panic and pretty happy it went so well. One day does not reflect performance.
Quite a lot of selections for today: Moonee Valley R4 #8 $1.65 R5 #11 $1.95 R7 #9 $1.60 Canterbury R2 #9 $1.95 R5 #2 $1.65 R6 #4 $1.70 R7 #4 $1.85 R8 #10 $1.90 Doomben R3 #9 $2.00 R6 #10 $1.60 R7 #12 $1.28 R8 #3 $2.10 Port Lincoln R1 #4 $1.22 R3 #5 $1.70 R6 #7 $2.00 R7 #4 $1.45 Esperance R1 #12 $2.00 R2 #8 $1.80 R5 #11 $1.75 R6 #6 $2.10 R7 #2 $1.95 Gosford R2 #7 $2.25 R5 #3 $1.28 R6 #1 $1.45 Moe R1 #3 $1.65 R2 #1 $1.65 R4 #14 $1.75 R5 #2 $1.65 R7 #6 $1.60 R8 #5 $1.55 Canberra R4 #1 $1.44 R6 #2 $1.70 R8 #6 $1.75 Darwin R1 #4 $1.65 Devonport R5 #5 $1.36 R6 #7 $2.25 R8 #3 $1.65 |
Couple of scratchings and deductions also so the tally is -0.91 of a unit, was looking promising early on today, but still to early to tell.
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Well I was up to 40 bets I had posted and I accidentally closed the tab, I had four tabs running :(
So I'm not going to list them all because the bookie doesn't have an option to export the unsettled bets! There are 56 bets in total for tomorrow, so I'll post the total outcome after the last bet. I'll try and post the bets if have time after. Should take me to over 100 bets, so tomorrow will be interesting. |
Well after today the running total is 6.08 units loss. There were a number of scratchings and other horse scratchings with pretty harsh deductions for the place. I haven't even had the time to run this through a spreadsheet yet, but I'm going to continue because today was a very bad day and hope it can turn around, any amendments to the selection process, I'll post here.
Tomorrows Selections: Werribee R2 #6 $1.50 R3 #11 $1.50 R6 #14 $2.15 R8 #11 $2.15 Nowra R3 #7 $1.60 R4 #6 $1.50 Sunshine Coast R7 #7 $1.75 R8 #5 $1.60 Murray Bridge R2 #4 $1.75 R5 #1 $1.75 R6 #4 $1.85 R7 #2 $2.25 Bunbury R3 #1 $1.40 R4 #2 $1.80 R6 #5 $1.44 R7 #2 $1.55 R8 #1 $2.15 Traralgon R4 #3 $1.50 R5 #8 $1.60 R7 #2 $1.60 R8 #2 $1.45 Hawkesbury R3 #2 $1.30 R4 #8 $1.80 R7 #6 $1.70 |
Hi Chrome, nice to see some activity here, as you may remember I have always had an interest in place betting ,in fact my bread and butter is still going strong hovering around 4% but I cant get it any better than that, and taking in the horror runs it is still very hard to beat the boredom.
This one of yours looks much more interesting , keep it coming |
Today I managed to crawl back from -6.05 units loss to -2.66 units loss. Looking at it, it's definitely the deductions from late scratchings that is holding me back. The actual deductions are quite unfair and very high.
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Pretty quiet day today with 10 bets for the place:
Tuncurry R1 #2 $1.80 R2 #5 $1.55 R3 #8 $1.65 R4 #1 $1.65 R5 #1 $1.55 R6 #8 $1.75 R7 #4 $2.05 R8 #2 $1.70 Orange R5 #14 $1.65 R7 #4 $1.90 |
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Hi Partypooper. I was wondering if you were still around on this forum. Yes I remember you were an avid place bettor. Hope you're well mate. |
Todays results: Total loss -3.55 units
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Hi Chrome, Yes I still check the forum out , but of course its only a shadow now, not sure why that happened? but anyway as far as place betting is concerned ,there is is still some amazing strike rates but the returns are are very meagre. Even accounting for best tote (when available) AND /OR ENHANCED ODDS, ITS VERY DIFFICULT TO GET INTO PROFIT. Though not impossible, just takes a lot of patience.
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Hamilton
R6 #4 $2.20 R8 #4 $2.45 Tamworth R3 #5 $2.10 R4 #7 $1.75 R5 #6 $2.95 R7 #2 $1.90 Kilcoy R3 #7 $1.85 R5 #3 $1.75 R6 #11 $1.95 R7 #9 $1.85 Wagga R2 #6 $1.65 R3 #5 $3.00 R5 #2 $1.75 R6 #3 $1.65 |
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I am using mathematical formula Party, which should return a profit on the maths, but that damn rule 4 is killing me. I can't post selections say after 11am because I am working on the database at that time. So I have to do it the night before. I'm going to run a bit of a comparison using Betfair SP because there's very little liquidity in the BSP the night before and I'm giving away my edge. |
After today's races the total loss is -2.86 units, the worst running total was -6.05 units. So this is something that has very little risk / reward ratio, bit I'm still not in profit....yet!
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There is another forum around that a lot of people went to, but I can tell you there's a lot of sarcasm and general rubbish, and it's actually very hard to navigate. I like this format much more. Before there was a lot of harsh moderation here and people weren't allowed to to create hotmail or google accounts, this has been changed now. |
21 selections today
Mornington R4 #3 $1.40 R8 #1 $1.84 Wyong R2 #1 $1.60 R3 #2 $1.67 R4 #6 $1.27 R5 #2 $2.03 R7 #8 $1.50 Strathalbyn R7 #2 $1.85 Pinjarra R1 #12 $1.55 R2 #12 $1.50 R3 #1 $1.65 R4 #2 $1.60 R5 #9 $1.28 R6 #7 $1.33 R7 #13 $2.10 Launceston R1 #6 $1.60 R2 #3 $1.65 R4 #7 $1.80 R5 #8 $1.55 R6 #3 $1.55 R9 #1 $1.85 |
Hi Chrome, Yeah, not sure what the agenda was there but I got restricted/banned or whatever and had no idea why, like I couldn't decipher a single thing ???? totally bamboozled, so just gave up! a shame cos I really enjoyed the banter
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I use Discord now, there are 2 mains one's but mostly just punters, not system ideas people, plus am on the BF Quants forum but think they are a step above me but a great place to learn from.
That other place killed themselves when they got greedy and started to charge people to use the forum. |
Today didn't go so well running total -6.94 units.
I did a quick comparison using BFSP and the liquidity just isn't there for midweeks, in fact it was almost always much lower than the prices I got, so that's that. |
21 selections for tomorrow:
Caulfield R4 #1 $1.70 R4 #5 $1.95 R6 #11 $1.40 R7 #6 $2.10 R8 #12 $1.70 Kembla Grange R4 #5 $1.33 R5 #9 $1.33 R6 #3 $1.33 R7 #3 $2.95 Bowen R6 #1 $1.44 Albany R2 #1 $1.44 R6 #5 $1.55 R7 #5 $1.70 Kyneton R1 #2 $1.55 R2 #9 $1.80 R3 #1 $1.60 R5 #5 $1.95 R6 #4 $1.36 R7 #7 $1.65 R8 #3 $1.40 R9 #1 $1.25 |
Well today was very disappointing with a bit of a washout.
The running total now stands at -12.23 units loss :( |
Selections today 34
Moonee Valley R2 #2 $1.60 R3 $7 $2.05 Canterbury R2 #12 $1.75 R7 #2 $1.65 R8 #5 #3.00 Geelong R1 #9 $1.65 R2 #8 $1.22 R3 #5 $2.85 R4 #9 $1.60 R5 #9 $1.75 R6 #7 $1.60 R7 #1 $1.60 R8 #4 $1.65 Murwillumbah R6 #12 $1.75 R7 #11 $1.36 R8 #5 $1.70 Ipswich R4 #10 $1.85 R5 #9 $1.85 R7 #5 $2.85 R8 #8 $2.15 Morphettville R3 #7 $1.40 R5 #1 $1.55 R6 #1 $3.00 R7 #1 $1.80 R8 #10 $2.85 Goulburn R6 #1 $1.80 Warren R3 #6 $3.20 R4 #6 $1.65 R5 #1 $3.20 R6 #9 $3.10 Cranbourne R2 #4 $1.25 R7 #9 $1.50 Sunshine Coast R4 #4 $2.95 R5 #22 $1.45 |
The running total now stands at -11.42 units loss
There must be a mossie outbreak, there were so many scratchings :D |
With a marathon of 67 bets today, looking to turn things around:
Caulfield R2 #6 $2.35 R4 #8 $1.30 R5 #1 $1.50 R9 #9 $1.80 R10 #8 $2.80 Randwick R5 #1 $1.28 R6 #10 $1.45 R7 #11 $2.15 R8 #11 $1.90 R9 #3 $1.70 R10 #10 $2.05 Eagle Farm R1 #5 $1.50 R2 #10 $1.55 R3 #9 $1.90 R4 #9 $1.65 R6 #7 $1.75 R7 #1 $1.55 R8 #9 $1.65 R9 #4 $1.30 Gawler R5 #2 $1.20 R6 #2 $1.95 R7 #5 $1.85 R8 #6 $1.50 R9 #6 $1.80 Ascot R2 #3 $1.85 R3 #2 $1.55 R4 #2 $1.75 R5 #2 $1.70 R6 #10 $1.90 R7 #7 $1.80 R8 #13 $2.05 R9 #10 $3.00 Colac R3 #11 $1.70 R4 #1 $1.70 R5 #8 $1.55 R6 #10 $1.75 R7 #6 $2.10 R8 #8 $1.70 Coffs Harbour R1 #2 $1.33 R2 #7 $1.80 R3 #1 $1.90 R4 #12 $2.15 R5 #2 $2.25 R6 #9 $2.35 Moree R2 #7 $1.75 R4 #1 $1.85 R5 #1 $1.40 R6 #1 $1.70 Albury R1 #4 $1.58 R3 #7 $1.55 R4 #3 $1.60 R5 #2 $1.90 R6 #3 $1.75 R7 #3 $2.25 Newcastle R1 #8 $1.80 R6 #4 $1.80 R7 #6 $1.44 Mackay R2 #16 $1.55 Benalla R3 #8 $1.85 R5 #11 $2.10 R6 #1 $1.65 Darwin R5 #1 $1.70 Esperance R4 #1 $1.60 R5 #2 $1.50 R6 #5 $2.05 R7 #3 $1.60 Toowoomba R1 #6 $1.60 |
The running total now stands at -4.17 units loss, so we recouped 7.25 units today. Still not in the black yet.
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Today's selections:
Bendigo R7 #7 $1.70 R8 #11 $1.35 Coonamble R6 #10 $1.60 R7 # 5 $1.60 Sunshine Coast R4 #1 $1.33 R6 #8 $1.45 R9 #7 $2.05 R10 #13 $2.00 Bordertown R2 #4 $1.25 R4 #8 $1.55 R6 #9 $1.75 R7 #7 $1.65 R8 #3 $1.60 Geraldton R3 #5 $1.85 R5 #4 $1.90 R6 #5 $1.85 Hobart R1 #1 $1.55 R2 #10 $1.80 R3 #1 $1.44 R4 #3 $1.75 R7 #1 $1.33 R8 #2 $1.50 R9 #9 $1.50 Moruya R3 #8 $1.25 R5 #2 $1.22 R6 #5 $1.75 R7 #5 $1.60 R8 #8 $1.85 Horsham R2 #14 $1.75 R3 #2 $1.50 R4 #6 $1.65 R5 #1 $1.80 R6 #7 $1.80 R7 #1 $1.90 Alice Springs R2 #2 $1.75 R4 #1 $1.80 |
Hi Chrome, are the prices what you have taken, and why in the middle of the night???
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Yes these are the fixed prices I have taken with a bookie, It takes me ages to work out if there is an advantage for me via spreadsheet, I work on my database in the day and evening, that's why I post so late. |
I finished -10.82 units loss total.
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Quiet day for selections today
Bathurst R3 #2 $1.70 R4 #1 $1.65 R6 #4 $1.75 R7 #7 $1.85 Kempsey R2 #11 $1.44 R5 #7 $1.40 R6 #3 $1.75 R7 #6 $1.80 |
I finished -14.25 units loss total
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Selections for today:
Terang R1 #4 $1.65 R3 #12 $1.65 R4 #14 $1.55 R6 #7 $1.80 R8 #3 $1.44 Scone R1 #4 $1.28 R2 #3 $2.30 R3 #1 $1.50 R4 #3 $2.00 R5 #8 $1.75 R7 #7 $2.15 |
I finished -16.14 units loss total, all is not lost as I'm doing a review on a spreadsheet with various filters. But for today I'll continue the current strategy.
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Selections for today:
Flemington R4 #9 $2.00 R5 #10 $1.95 R6 #5 $1.80 R7 #3 $1.90 Warwick Farm R1 #4 $1.46 R5 #4 $2.15 R7 #5 $1.85 Doomben R8 #4 $1.60 Port Lincoln R3 #8 $1.75 R4 #2 $1.95 R5 #6 $1.50 R6 #5 $1.65 R7 #5 $2.00 R8 #5 $2.05 R9 #2 $2.30 Ascot R1 #8 $1.75 R2 #14 $1.50 R3 #4 $1.70 R4 #5 $1.80 R5 #7 $2.10 R6 #4 $1.28 R7 #12 $2.00 R8 #1 $1.30 Queanbeyan R4 #2 $1.55 R5 #2 $1.80 R7 #5 $1.65 |
I'm sure you'll get there Chrome , this is just a minor dose of the "Forum Curse" it happened every single time I posted any idea, GRRRR!
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Yes, the forum curse has hit hard PP. |
I finished the day -18.46 units loss cumulative total.
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Selections for today:
Seymour R3 #8 $1.90 R4 #7 $1.55 R5 #10 $1.85 R6 #11 $2.10 R7 #3 $1.85 R8 #9 $2.05 Gosford R3 #4 $1.65 R5 #1 $1.60 R6 #3 $1.70 R7 #4 $2.15 Rockhampton R4 #1 $1.50 Bunbury R4 #1 $1.85 R6 #3 $1.75 R7 #2 $1.50 |
I finished the day -22.62 units loss cumulative total.
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Selections for today:
Yarra Valley R1 #8 $1.75 R2 #3 $1.65 R3 #1 $1.45 R4 #3 $1.28 R5 #2 $1.75 R6 #4 $1.80 R7 #1 $1.70 R8 #8 $2.05 R9 #1 $1.70 Wagga R2 #11 $1.70 R4 #10 $1.75 R5 #2 $1.65 R6 #5 $1.65 R7 #1 $1.55 R8 #3 $1.90 Mackay R6 #6 $1.44 R8 #8 $1.70 Oakbank R5 #3 $1.90 R6 #4 $2.20 R7 #1 $2.20 Lismore R2 #12 $1.80 R3 #1 $1.85 R4 #4 $1.80 R5 #9 $1.75 R6 #9 $1.40 R7 #7 $2.10 R8 #1 $2.35 Devonport R2 #10 $1.45 R5 #1 $2.05 R6 #2 $1.65 R7 #9 $1.50 Cranbourne R1 #6 $1.70 R5 #5 $1.75 R7 #2 $1.60 R8 #1 $1.95 Tomorrow's selections will be late as I'm going out. |
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