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-   -   More smoke and mirrors to the test (http://forums.ozmium.com.au/showthread.php?t=20534)

partypooper 18th September 2010 01:30 AM

More smoke and mirrors to the test
 
OK, not particularly knocking anyone here, just trying to inform fellow systemites of the FACTS,

just doing some research on a new WIN idea, I have 1300 results to check and have only gone back 318 races so far, but the trend is obvious: (bear in mind there are no filters in place at this stage)

318 bets

Returns BET FAIR SP = $304 (after 5% commission)

Returns BEST TOTE = $ 308

All selections were opening favs. below $3

I think you should be able to evaluate some bull dust from that???????

partypooper 18th September 2010 02:06 AM

Quote:
Originally Posted by partypooper
OK, not particularly knocking anyone here, just trying to inform fellow systemites of the FACTS,

just doing some research on a new WIN idea, I have 1300 results to check and have only gone back 318 races so far, but the trend is obvious: (bear in mind there are no filters in place at this stage)

318 bets

Returns BET FAIR SP = $304 (after 5% commission)

Returns BEST TOTE = $ 308

All selections were opening favs. below $3

I think you should be able to evaluate some bull dust from that???????



LIKE WHERE IS THE 20% Better odds?????????

partypooper 18th September 2010 02:09 AM

SO......... just about to submit the same results to at least 9 other forums.........


any reply "BETFAIR" (or is it Bet Fayre")

syllabus23 18th September 2010 07:25 AM

Betfair SP odds are generally not much different to any TAB odds,but unless you are desperate (or desperate to make a point) why would anyone bother with the SP???

wesmip1 18th September 2010 07:48 AM

Betfair prices need to be taken with a grain of salt as the price I get is probably going to be differnt to the price you get. I might get $2.00 and you might get $2.20 all within 30 secs of each other.

As far as people using tab prices and assuming 20% or whatever that is the biggest joke ever. I have seen horses start at under $3.00 on the tab and over $5 on betfair, and I have also seen it the other way round. If your going to bet on betfair use their prices for testing. And don't use the averages as you will rarely get the weighted average anyway. If you don't collect your own prices then you are walking around in the dark testing against any average prices.

Shaun 18th September 2010 10:12 AM

No one ever said they were 20% on all selections, once you get over the first few favs there prices are consistently better.

if that is the comparison between best tote and betfair i know where i would rather have my money, at least with betfair your only restriction is getting the money on not being restricted by a half wit bookie only interested in keeping his losing customers.

darkydog2002 18th September 2010 11:45 AM

Good luck posting to PA.
I just got my "Infallible "taken off because some muffin complained.
Gees some of their posters just cant see a good thing.Ho Ho.

stugots 18th September 2010 12:14 PM

my actual win divs for $1 over last few months net of bf commission -

bf $532.42
uni $440.90

average win divy $8.32, & these are not SP

fairly clear that betting the shorter end of the market is probably not going to get you the 20%+ premium, but betting the prices I do would be absolutely insane to not be using Betfair

partypooper 18th September 2010 01:56 PM

Gee, sorry to all, that was very strong Merlot hee hee!

But it was a test BFSP V BEST TOTE, as the bets have to be on well b4 racing with this particular plan.

stugots 18th September 2010 02:24 PM

party, do you think betting options like best tote etc would be around without competition such as bf?

more the merrier is say but isnt the reality, as other have mentioned, how long will you be getting 'best tote' once your account is regularly in the green??

all sounds like a bit more 'smoke & mirrors' to me!! ;-)


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