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Old 24th July 2006, 11:51 AM
crash crash is offline
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Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
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From The start of the thread on the 12th. July to Saturday 22nd. Figures for Running total win and place for 58 bets are:

RTW: w/outlay 58 w/return 68.7 w/profit +10.7 [18.4%POT]

RTP: p/outlay 348 p/return 384.6 p/profit +36.6 [10.5%POT]

Obviously we would have been better off ignoring the 1x6 ew betting ratio I originally suggested and betting straight win bets. If all the above bets were bet 7 units the win instead of 1x6 ew the result would have been:

ALL TOTAL WIN ONLY [7 units win only] w/ol 406 w/r 480.9 [68.7 x 7] w/pr 74.9 total profit, instead of 47.3 total profit betting 1x6 ew ratio. A big difference!

The problem for the place bet here is the place price value for most runners that are above short prices and that is most of my bets. For those targeting favourites the place value would be worthwhile, as it is often 50% and sometimes more than their win price. Favourites make up a very small percentage of my target bets, so I'm dumping the 1x6 ew strategy here and recommending straight win bets.

Cheers.
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