Hi,
I was wondering if someone with a large results database would mine running a query for me... I am looking to see the number of winners (as a percentage of total races examined) that meet the following criteria: 1. Place strike rate greater than 50%; 2. Finished first or second last start; 3. Weight no less than 53kgs and no more than 57kgs; 4. Drawn barrier 9 or inside; 5. Price between $3 - $5. I have run these criteria through my limited database and found a high percentage of winners/placegetters. Wondering if it stacks up long term... Luckyboy |
Tested over 2000 bets
-17% LOT 20% SR |
Bhagwan,
Many thanks for the stats. Seems like it might be a case of 'back to the drawing board!' LB |
G'day Luckyboy.
I wouldn't give up just yet, I'm sure its only a case of finding the "Winning combination" but it reminded me of something I tested a while ago, it didn't work at the higher prices, so I ran it through again and again, at diminishing prices, and guess what? the lower the price the higher the SR and the lower the LOT (surprise surprise) when I got down to 1/1 or less a profit was produced. I then did the same exm acercise with all the plans I had with the same result. Then I went a step further and tested the price thoery over all and randomly without any other criteria and guess what???? YUP the same result. In other words back a Thousand 1/1 chances (derived from ANY source) and you'll show a slight loss on T/O) back a Thousand 3/1 chances (from ANY source) and you'll show a bigger Loss on T/O. Pretty sobering stuff I know (thats why my username is "Partypooper) but the message is, whatever the source of info, the ONLY way to win is to obtain 4-1 for the 3-1 chance, and 5/4 for the 1/1 chance etc etc and you WILL WIN!!! (long term) |
Partypooper,
Thanks for the tips, I will look into it a bit further. Bhagwan, Are you able to tell me from your data what the POT would be on your analysis using a 1:4 win/place bet ratio? LB [ This Message was edited by: Luckyboy on 2003-06-18 17:49 ] |
don't think the message quite got through there but, but GOOD LUCK anyway!!
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