
5th April 2003, 03:17 PM
|
Member
|
|
Join Date: Nov 1999
Location: Newcastle, NSW
Posts: 1,492
|
|
The merits of percentage betting was highlighted in the big match race at Rosehill today.
Realistically it was a match in two between Lonhro and Defier. Just prior to race start, the odds showing on NSW TAB were:
Lonhro $2.00w
Defier $2.60w
this represented percentage win odds of 88.46% in what was a dead-set match race(ie. at least one of them was reasonably expected to win).
Therefore backing both in the appropriate ratio(to return 100 units whichever horse won), I was able to secure a POT of 11.54% which is pretty respectable(certainly better than you can get at the bank). This strategy of dutch-booking two stand-outs in set weight and WFA races was set out in a previous post of mine but it has proved profitable over many years for me and should do so in the future as it concentrates on quality horses in quality races when they appear to have a class edge over their rivals, which is a pretty sound criterion.
Cheers.
|