Thought I would share something I found on the net while waiting between races.....

http://www.grandstand.com.au/retirement.html

One of the best staking plans around as it takes into account your average price and strike rate!

Cheers.

what do you know about formula one?

Yes, gun punter I thought this was worth further investigation....however, it would appear that the site is not operating any more. I would love to find out more about this formula one rating system as it certainly produced some surprising results.
Anyone else used this before?

Well that helped us all!

i dont understand how they go from first bet 100 to second bet 115 to third bet 135????
but ive never been able to understand these divisor things any help would be appreciated

Each subsequent bet is the adjusted target divided by the divisor. After the first bet ($100) loses it is added to the target (which now becomes $700). $700 divided by 6 is $116 (rounded down to $115). If this loses it is added to the target ($815). $815 divided by 6 is $135 and so on....

is it something simple like:
# Favourite must be ranked in top 4 by prizemoney/race?
# Favourite must not be rising in class and weight?

With sufficient pre-post markets and results, one could check these factors themselves - anyone kept formguides each week this year??
Punters - if you keep either Friday's formguide or saturday each week for 6 months or more - you can do your own testing of simple ideas/systems like this.
Results can be obtained from NSWTAB site or other state sites I guess.

Received a reply email from the site today.
They are still operational but have had a site crash and are working to restore their various parts of the site.
From what I can gather Formula One is based on win strike rates. BUT..They award extra points for say a win at this track over this distance and in this class, so a win strike rate of 20% would increase if the horse qualified under those factors to say 30 or 40%. This is not accurate, just my summation of the information available. They then rate the horses according to their strike rate on those various factors. Their results also reflect that a horse must have won at least one of it's last three starts and in most cases two out of three and there seems to be something in the system about lengths from the winner in their last three starts.
Just guessing from info on their site.



[ This Message was edited by: Equine Investor on 2002-05-29 16:13 ]

Guess,

Something like
6pts for a win over track/distance
4pts for a win over distance
3pts for a win at the track
2pts for other wins.

Lets say a horse has had 10 career starts.
Maximum points available would be 60pts.

Now assume a horse has done the following:
2 wins over distance = 8pts (watch for double counting here - excl track/dist win)
1 win at track/distance = 6pts
1 win at track = 3pts (excl 6pt win)

total points is 17, 17/60 is 28%.
Then have a rule where if the fav's total pts are less than 20% of maximum available - no bet!


Something worth looking into anyway. Save the $160 (use it to punt with) and do some research.

For those who are interested in a spreadsheet form of the retirement staking plan you can send me a short message and I will send you a copy in Microsoft Works and Excel format. The email address is findlg@boxfrog.com I have it set up on this address to post to you without (much) fuss. You still need to learn about it on the site Equine Investor has mentioned above to understand it.