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-   -   value (again) (http://forums.ozmium.com.au/showthread.php?t=6651)

syllabus23 16th December 2004 12:46 PM

value (again)
 
Contentious topic.I keep going back to the "value threads" like a dog to an old bone.I have an excellent "dutching" program,it helps me to make a steady profit.I've managed to link it to the retirement staking plan and it works a treat.

But value it aint.

For example.I intend to have a bet in race 6 at Kynton today.I will use the pre-post odds for this example.

Ideal Ben 33 units @ $3 for a "saver"

The Mookta 41 units @ $5 for a "win"

Record Score 25 units @ $8 for a "win".

The Mookta gets up 105% profit
Record Score gets up 100% profit
Ideal Ben gets up,,,money back...

Dutching on tab's is a dicey business.I place my bets in the last minute and cop whatever variation comes up.Sometimes it's my way, sometimes not.

Over time the above approach is bringing me a steady income stream.If it suits me I sometimes use a place bet as a saver.Just log it into my program as a win bet.

This is very conservative punting,but i'm just an old pussycat.On the other hand the poorhouse is full of bold punters.

stugots 16th December 2004 01:33 PM

when i 1st looked at this type of betting it was after reading threads on here & the idea seemed to be to bet alot to win a little - i recall the figures were $700 to $200. now youd never get me betting that way, one of the best ways to the poorhouse ive heard of.

however i started to test my selections with the aim of returning 100% or better per race (much the same as you appear to be doing syllabus23), & suprise, suprise, there appears to be an angle here.

still working to refine the procress but, as i like to get in & out as quick as possible on any given day, the idea of a couple of bets to acheive a 100% return starts to sound like "value" to me.

sportznut 16th December 2004 04:06 PM

Bad luck with Kyneton R6, Syllabus23.

Interesting that the 3 placegetters had barriers 1, 2 & 3 and all were good odds.

KennyVictor 16th December 2004 04:32 PM

You're not a close relative of "The Nose" are you Syllabus? Trying to steer us sheep away from your real selections. :-)

moeee 16th December 2004 07:09 PM

Quote:
Originally Posted by syllabus23

Ideal Ben 33 units @ $3 for a "saver"

The Mookta 41 units @ $5 for a "win"

Record Score 25 units @ $8 for a "win".

The Mookta gets up 105% profit
Record Score gets up 100% profit
Ideal Ben gets up,,,money back...



If you narrow the event down to 3 chances,why not put a reasonable price beside each horses name and back them as though you were getting that price.
If in fact one of your trio will not return a profit with the stake you assign,then leave that stake in your wallet and only back the other 2.

kenchar 16th December 2004 09:36 PM

Syllabus23,

Not knocking what you are doing, you say you are grinding a small profit, good on you, but to me it doesn't make sense.
You back three nags, 1 for 105% profit, 1 for 100% profit, and 1 for money back.
I back 1 nag with 3 chances, min profit 100%, but usually 140%+ profit and I have actually had a 600% profit.
Have you ever looked at place betting.

Cheers

Imagele 16th December 2004 11:05 PM

I reckon it would take one hell of a staking plan to show a profit backing 10yo's resuming from a spell.

Paddy 17th December 2004 12:25 AM

Quote:
Originally Posted by Imagele
I reckon it would take one hell of a staking plan to show a profit backing 10yo's resuming from a spell.


At least one would think, not too many candidates!

Imagele 17th December 2004 12:33 AM

A lot more than in times gone by Paddy.
Must be some good stuff out there now.
I am the equivalent in human years and am flat out walking to the letterbox.

Shaun 17th December 2004 12:35 AM

Not knocking what you do kenchar but it is easier said then done to pick horses for a place...whats your strike rate like and your average divi....i was just running some tests over my ratings selections my strike rate for my top 3 for a win is 66% with an avearge divi of $5.37....now with those figures i have an 18% T.O.P i can double this if i drop my top pick and go with the 2nd/3rd selections on there own for a strike rate of 43%....yet i look at my best strike rate of the 3 selections for a place it was my second selection with a strike rate of 50% for the place with average price of $1.92....now with those figures i am facing a loss....so whats better a good profit of either 18%>36% T.O.P or a loss


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