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-   -   prepost markets online (http://forums.ozmium.com.au/showthread.php?t=17038)

stugots 30th December 2007 01:06 PM

prepost markets online
 
just wondering if anyone can advise if they know of any reliable or useful prepost markets available online

Bhagwan 30th December 2007 05:45 PM

Check out racingandsports.

It's as good as the newspapers & has the scratchings taken into account.

It will be shown in fractional odds e.g. 2/1, but by clicking the button on the bottom RH corner , it will convert over to decimal odds e.g. $3.00.

Cheers.

lomaca 30th December 2007 06:28 PM

Quote:
Originally Posted by Bhagwan
Check out racingandsports.

It's as good as the newspapers & has the scratchings taken into account.

It will be shown in fractional odds e.g. 2/1, but by clicking the button on the bottom RH corner , it will convert over to decimal odds e.g. $3.00.

Cheers.

Hello Bhagwan,
do you have any idea how close this follows the final outcome?
I am not so much interested in the actual odds, more in the order of them, like if it's first, sec, third selection there, will it wind up the same in the end, in the actual betting?
I am talking ballpark figures here.
If you can confirm or, if you have actual past records (in any format) that you could pass on, I could check it. It would be much appreciated. In return I could show you my research which was very promising.
Thanks
PS. this applies to anyone having past records of this.

Bhagwan 30th December 2007 07:26 PM

Its always difficult to have a pre-post being accurate to market price, seeing that it may have been created 24 hours prior.
Most Pre-post markets are created around a book value of 160% as opposed to say TABs 118% & Betfair at approx 105% maybe this is done to allow for possible scratchings.

If a horse is showing as odds-on , one can almost guarantee it will be odds on in the actual market , even then, what part of the odds on figure is accurate.
Same for horses which are 2/1.

I have been informed that the WA TAB has an accurate pre-post market in the lower price range also.
One has to first sign up (free) with a code & pass word to gain access.
They have a strange habit of wiping out the pre-post market once the race starts, so it's not possible to go over any past results.

They dont always cover the Country & Provincial races for the East Coast.

Cheers.

lomaca 30th December 2007 07:44 PM

Quote:
Originally Posted by Bhagwan
Its always difficult to have a pre-post being accurate to market price,

Thanks Bhagwan.
The accuracy of the prepost versus actual market price is irrelevant. What is important, is the order of pricing: ie. does a horse shown for example as the fifth, for arguments sake, in the prepost market, wind up as the fifth at jump time? (at least most of the time?)
Cheers

Bhagwan 30th December 2007 07:47 PM

I just re-read you query.
Here are the percentage SR for horses position in the pre-post market.

There maybe 2 or 3 horses sharing the same market line.

Position in market line order

Mk......%....Total %
1st....31.0......31.0
2nd...20.5......51.5
3rd...12.2.......63.7
4th...8.0........71.7
5th...7.3........79.0
6th...5.1........84.1
7th...4.8........88.9
8th...3.8........92.7
9th...3.4........96.1
10th...1.5.......97.6
11th...2.4......100.0

Cheers.

lomaca 30th December 2007 08:31 PM

Quote:
Originally Posted by Bhagwan
I just re-read you query.

Thanks Bhagwan, but I think we talking sideways here, I did a research for someone, regarding a certain "favored" in order of TAB odds, not saying at the moment if sixth or second. Betting on it could be quite profitable, but due to the sudden changes in the odds before the race, it became impractical to follow the method.
But if TAB would follow the trend of some prepost market, or if I had access to past prepost records, maybe I could simulate the results and then the bets could be placed irregardless of the actual betting market. It's the order in the odds that matter not the price or the %.
I hope I make myself clear?
Good luck

burrah 31st December 2007 10:16 AM

Quote:
Originally Posted by Bhagwan
I just re-read you query.
Here are the percentage SR for horses position in the pre-post market.

There maybe 2 or 3 horses sharing the same market line.

Position in market line order

Mk......%....Total %
1st....31.0......31.0
2nd...20.5......51.5


Cheers.
Bhagwan, hope you don't mind if I intrude here. I'm testing a system, betting on every race and I'm getting 60% + strike rate backing 1st and 2nd TAB favourites. Sometimes I dutch if I can get 100% + POT , i.e profit required $50, bet has to be less than $50. If not, bet each for a flat $25.
My query is how do I work out my average dividend? so that I can test for long term viability.
An example of my confusion would be that I can dutch say $3.70 and $4.40, total $8.10 ave $4.05 but cannot dutch $2.88 and $5.30 total $8.18 ave $4.09 as POT would be less than 100%
(sometimes I bet 3 horses, maybe 5% of the time if the odds are high enough)

stugots 31st December 2007 10:31 AM

ta
 
thanks bhags, just what im after

AngryPixie 31st December 2007 11:34 AM

Quote:
Originally Posted by burrah
My query is how do I work out my average dividend? so that I can test for long term viability.
An example of my confusion would be that I can dutch say $3.70 and $4.40, total $8.10 ave $4.05 but cannot dutch $2.88 and $5.30 total $8.18 ave $4.09 as POT would be less than 100%
(sometimes I bet 3 horses, maybe 5% of the time if the odds are high enough)


Burrah

Using your examples above your divi would be $2.01 for the first and $1.86 for the second. You're making two bets on one logical selection so averaging as you've done above isn't the correct way to look at it :) There are a number of variations on dutching but for the "basic" same divi from each selection it's as below.

1^3.70 = 0.2702
1^4.40 = 0.2272

0.2702 + 0.2272 = 0.4974

1^0.4974 = $2.01

===

1^2.88 = 0.3472
1^5.30 = 0.1886

0.3477 + 0.1886 = 0.5358

1^0.5358 = $1.87


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