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-   -   Melbourne Cup Trifecta Method (http://forums.ozmium.com.au/showthread.php?t=25489)

michaelg 5th November 2012 03:26 PM

Melbourne Cup Trifecta Method
 
A few years ago someone in the media revealed a M.C. trifecta method which either boxed or stood-out (can't remember) a huge amount of combinations.

Not on this forum but on another the author was harshly criticised, some of the postings were very insulting (what's new?)

I had devised a M.C. trifecta system which if I remember correctly was quite similar. I had results going back to the 70's when Trifectas were first available on the Cup. I wrote to the forum and said I too had devised a somewhat similar trifecta method and provided the results, which were quite impressive. There were were no replies neither positive nor negative. I no longer have the results of the method because of a long-dead computer.

My system was to stand-out every selection under $30 in the Telegraph's market with the Field to run second and third. The average outlay was $4,500. There were two years where the trifecta was snared and each paid $60,000.

In today's Telegraph there is someone calling himself the Maths Whiz. He states that if all horses with odds under 50-1 had been boxed in M.C. trifectas since 1989 (he gives no reason for this date but before then there have been some huge divvies) then the current profit would be $40,885. There would have been at least a couple of years I'm aware of where he would not have got the trifectas due to massive placgetter(s).

Just thought some people here would be interested.

SpeedyBen 5th November 2012 03:37 PM

Here is the original, Michael. It is interesting but it is backfitting at its most egregious. You are quite correct in that there have been a couple of placegetters which started at 71.0 in recent years.

WAGERING on the Melbourne Cup is a better bet than money in the bank, according to mathematicians who say they've cracked a winning formula.

A punter who followed the betting formula of the University of NSW number-crunchers for the past 20 years would be $30,000 richer than if they had had put their money into a savings account at a generous interest rate of 6 per cent.

The secret is a formula the boffins call the Melbourne Cup Trifecta 50 or MCT50.

The bet eliminates all the horses that have odds longer than 50-1 and puts a $1 bet on all possible box trifecta combinations for the remaining starters.

It's a pricey method but after an initial outlay of $4896 on the 1989 Cup this "winning formula" would have returned a profit of $40,885 by 2008 - a return of 154 per cent.

"Backing this is equivalent to having put your money in the bank at 11 per cent over that time," head of mathematics and statistics Professor Anthony Dooley said.


michaelg 5th November 2012 04:20 PM

My first thought was because we don't really have genuine two-milers that it wasn't unusual for outsiders to run well and this was mainly responsible for the huge divvies, and also the huge amount of "uneducated money".

However with the influx of the better overseas horses I wonder if the results will be diluted. I don't think/can't remember if the exotic divvies over the past few years have been too impressive?

norisk 5th November 2012 05:28 PM

unitab divs

tri
2011 $3625
2010 $313
2009 $8684

1st4

2011 $18700
2010 $6800
2009 $75000

usually one roughy in their to spice things up

Lord Greystoke 5th November 2012 07:31 PM

Has anyone got rough idea - averages in MC for..

1. no. horses which are <= 50-1
2. total runners

Cheers LG

SpeedyBen 5th November 2012 08:10 PM

LG
I did look into this at the time I first read the uni report.
From memory the avg no. 51.0 and under was about 16.
The number of starters is rarely less than 22 and never greater than 24.

Lord Greystoke 5th November 2012 08:38 PM

Thanks Speedy.

My thoughts are that we may need only 14 horses to hit the trifecta.

LG

Lord Greystoke 5th November 2012 09:09 PM

My take on the trifecta....

To come from:
1 2 4 8 9 10 11 12 14 15 16 20 23 24

LG

SpeedyBen 5th November 2012 09:22 PM

Something to consider ....
Except for Viewed at 40/1 the winner has had a starting price of less than 21.0 for many years.

WillB 5th November 2012 09:22 PM

I must admit I am not one for exotic bets, however when the Melbourne Carnival comes around it all changes!

I have found that the Trifecta's I work out come in between $3K - $4k which makes it not viable and this year is no different.

For me to have any confidence in picking it, I have worked out first leg 8 picks with the field in the remaining legs which is around the $4k.

For interest only, my "skinny" picks would be:
1/2/4/8 first leg with the field (About $2k)

My full picks would be:
1/2/4/8/10/12/15/17 with the field (about $4k)

It would be interesting to see the selections of others.

... Will

PS .. I should also advise that I never bet serious money on the cup.


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