The 7% plan
 

Hi y'all,

I've been perusing the P/L tables on the R & S website and it seems the Jockeys with really low win percentages, lose around 20% more of your hard earned, than their more talented counterparts. Makes sense?!

Thus my decision to lay them.

Rules

- Jockey must have an overall win percentage of less than 7%.

- Must have a win percentage at the track of lees than 7%

- SP $5 - 11


Todays qualifiers:

Rockhampton Jockeys - Harrison, Green

R1 - 10, 14
R2 - 10
R4 - 2

Benalla Jockey - Barry

R7 - 7

Let's see how we go.

I'll try to have it running for at least a month to see if there's any promise.

The Schmile

Just one qualifier today under the SP $5 - 11.

Rocky

R1 no.10 came 5th.

P/L +1

This system should work well.

I was doing a similar trial on Jockeys with a SR of less than 10% & it worked .

I also did a separate one for Trainers, less than 10% SR, this worked very well also.

I was using the stats from Racingandsports.

Hi Bhagwan,

DId you set a price limit on selections?

I noticed in the $6-11 bracket, the 7% jockeys lost around 40% on turnover,

I'm worried the longer priced commodities will blow out on Betfair.

The Schmile

I like the simplicity of this.Should work well.
Good luck with it.
Cheers
darky

Selections 02/06/10
 

Morphettville - Kerford, Frew, Zanker, Stojakovic, Robinson

R3 - 5
R4 - 2,8
R5 - 3, 13

Belmont - L Robertson, J Hill, L Camilleri, Staples, Parnham

R 2 - 1
R3 - 6, 9
R7 - 8
R8 - 4, 8

Couldn't find much at Sandown and no time to do selections for Canterbury. Remember selections priced $5-11 SP.

The Schmile

Cheers Darkydog,

The only way I can see it falling down is if prices blow out on Betfair. So I will be monitoring them closely.

If anyone has info on the prices used to work out the Racing and Sports P/L tables, I'd greatly appreciate it.

The Schmile

Results 02/06/10:

Morphettville - Kerford, Frew, Zanker, Stojakovic, Robinson

R3 - 5 (3rd $8.20)
R4 - 2 (unpl 13.50) ,8 (2nd 5.10)
R5 - 3 (3rd $26), 13 (2nd $3.50)

Belmont - L Robertson, J Hill, L Camilleri, Staples, Parnham

R2 - 1 (2nd $4.80)
R3 - 6 (unpl $60), 9 (unpl $240)
R7 - 8 (unpl $15)
R8 - 4 (unpl $24) , 8 (unpl $10)

Only 3 bets fell into the correct price range so +3 for the day.

P/L +4

Hi Schmile,
I targeted price range 15.00 & less for my exercise.

Betting 1.00 per 170.00

Hi Schmile,

In your rules you are using SP $5-$11 but how do you determine this before the race has run?

Where are you getting your prices from?

e.g. Morphettville Race 4#8 as $5.10 but SP was only $3.80 and therefore not a qualifier.