
14th May 2003, 11:56 AM
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Member
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Join Date: Jan 1970
Location: Martin Friedman
Posts: 472
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Thank you to all involved in this discussion.
Both of you are correct for the periods undertaken.
However, it must be said that the past 3-4 months results for the Friedman Family have been the worst on record, and to tell the truth, have in fact been absolutely disastrous!
We have been participating in on-line tipping competitions (some free, some not)held by numerous racing message boards over the past 4 years (at least 5 competitions per year), and outside of the last 3-6 months, either Zev or Carol or I have been placed 1st, 2nd or 3rd, out of 50-100 odd participants, in every single competition by taking each way bets only. For the first 2 years, several interested parties kept records and all but one came up with the same results - that the each way bets produced a greater percentage of profit than either win-only or place-only.
However,to be fair, that was then, and now is now - wow, what an unbelievable statement!
Also, as has been obvious recently, the percentage of winners have dropped drastically to what it used to be, yet placegetters have remained around the same. Under those circumstances, one would think that place-betting was the way to go.
Nevertheless, we are hoping that this slump in the number or outsider winners is only temporary and that the glory days will soon return.
Cheers,
Martin
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