I don't totally agree with that statement crash.
In all honesty, I have made a profit with my favourite betting tool. "Flexi bet".
Selecting four dogs and boxing them in a trifecta for a $2 Flexi bet. I only receive 8.333% of the winnings. But that only means that a trifecta has to pay $25 for me to make a profit. And when you are selecting half the field, the strike rate appears to be quite good.
But of course before that, I was a swing.
For example, If I select 1-4 meetings on a given day, that could mean between 6 and 48 races. At $2, the total days spending could be anywhere from $12 and $96. Applying the 8.33% flexi return, means that in total I only have to acheive a $150 trifecta in the six races to break even. Or over the 48 races, that would mean selecting a total of $1200.
Mind you the same applies with F4 betting for me aswell, with the biggest return at $257 from the $2 bet.
That selection alone allowed me to have 126 losing selections in a row. If I should ever have to many losses in a row.
Ive had my good wins (by my standards) when playing around with first 4's.
14/10/2006 15:32 14/10/2006 ****2R 7 3,4-3,4,7,10-1,2,3,4,7,10-1,2,3,4,7,10 (FLEXI 1.3888%) P First 4 1 (COST)$1.00 (CREDIT)$98.46
AND
18/10/2006 11:50 18/10/2006 SYDR 1 3,4-1,3,4,7-1,3,4,6,7,9-1,3,4,6,7,9 (FLEXI 1.3888%) P First 4 1 (COST) $1.00 (CREDIT) $139.89
But there are moments when you have a slip of the finger:
17/10/2006 14:38 17/10/2006 BRIH 6 1,3,5,7-1,2,3,5,7,8-1,2,3,5,7,8 P Trifecta 1 (COST) $80.00 (CREDIT) $65.30
Forgot to press the flexi button there. Thankfully it won.
I do have a lot of little bets. There is no way known I am going to spend $100 in a single bet (unless I make a mistake again). WHY? Because I have a fear of losing that amount of money in a split second.
Im going through my account records at the moment, trying to find the trifecta 8.33% period, and its taking its time.
Here is an example::
Date (AEST) Time (AEST) Event Date Meeting Rc Selections S Bet Type Base Inv. Debit Credit
31/10/2006 22:12 31/10/2006 MELG 11 4,6,7,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
31/10/2006 22:10 31/10/2006 BRIG 9 2,4,6,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
31/10/2006 22:05 31/10/2006 PERG 10 2,3,4,7 (FLEXI 8.3333%) L Trifecta 2 $2.00
31/10/2006 21:59 31/10/2006 MELH 8 PLA 3 L 0
31/10/2006 21:59 31/10/2006 MELH 8 WIN 3 L Win and Place 1 $2.00
31/10/2006 21:54 31/10/2006 SYDG 10 2,6,7,8 (FLEXI 8.3333%) L First 4 2 $2.00
31/10/2006 21:48 31/10/2006 MELG 10 3,5,6,8 (FLEXI 8.3333%) L First 4 2 $2.00
31/10/2006 21:48 31/10/2006 MELG 10 3,5,6,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
31/10/2006 21:46 31/10/2006 PERH 5 3,8,9,11 (FLEXI 8.3333%) L First 4 2 $2.00
31/10/2006 21:40 31/10/2006 PERG 9 3,4,6,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
31/10/2006 21:39 31/10/2006 ****2G 10 1,2,5,6 (FLEXI 8.3333%) L First 4 2 $2.00
31/10/2006 21:31 31/10/2006 MELG 9 1,3,7,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
31/10/2006 21:30 31/10/2006 MELG 9 1 L Win 1 $1.00
31/10/2006 21:26 31/10/2006 BRIG 8 1,2,5,8 (FLEXI 8.3333%) P First 4 2 $2.00 (CREDIT)$257.94
31/10/2006 21:23 31/10/2006 PERG 8 2,3,4,7 (FLEXI 8.3333%) L First 4 2 $2.00
31/10/2006 21:23 31/10/2006 ****2G 9 2,5,7,8 (FLEXI 8.3333%) L First 4 2 $2.00
31/10/2006 21:13 31/10/2006 SYDG 8 1,2,4,7 (FLEXI 8.3333%) L Trifecta 2 $2.00
31/10/2006 21:10 31/10/2006 MELG 8 1,4,6,8 (FLEXI 8.3333%) L First 4 2 $2.00
31/10/2006 21:08 31/10/2006 BRIG 7 1,3,5,9 (FLEXI 8.3333%) P Trifecta 2 $2.00 (CREDIT)$5.55
31/10/2006 21:05 31/10/2006 PERG 7 1,4,6,7 (FLEXI 8.3333%) L Trifecta 2 $2.00
Date (AEST) Time (AEST) Event Date Meeting Rc Selections S Bet Type Base Inv. Debit Credit
30/10/2006 21:18 30/10/2006 BRIG 6 1,2,6,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
30/10/2006 21:16 30/10/2006 ****1G 6 3,4,7,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
30/10/2006 21:14 30/10/2006 ADLG 9 4,5,6,8 (FLEXI 8.3333%) P Trifecta 2 $2.00 $12.29
30/10/2006 21:07 30/10/2006 SYDG 6 1,2,4,7 (FLEXI 8.3333%) P Trifecta 2 $2.00 $3.94
30/10/2006 21:03 30/10/2006 MELG 7 1,2,6,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
30/10/2006 20:59 30/10/2006 BRIG 5 1,4,6,7 (FLEXI 8.3333%) P Trifecta 2 $2.00 $2.78
30/10/2006 20:56 30/10/2006 ****1G 5 1,2,5,7 (FLEXI 8.3333%) P Trifecta 2 $2.00 $12.92
30/10/2006 20:54 30/10/2006 ADLG 8 1,2,5,6 (FLEXI 8.3333%) P Trifecta 2 $2.00 $6.74
30/10/2006 20:50 30/10/2006 SYDG 5 2,5,7,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
30/10/2006 20:46 30/10/2006 MELG 6 1,2,3,7,8 (FLEXI 2.5%) L First 4 3 $3.00
30/10/2006 20:38 30/10/2006 BRIG 4 3,5,7,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
30/10/2006 20:35 30/10/2006 ****1G 4 1,10 L Duet 0.5 $0.50
30/10/2006 20:35 30/10/2006 ****1G 4 2,6,7,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
30/10/2006 20:33 30/10/2006 ADLG 7 1,2,5,8 (FLEXI 8.3333%) L Trifecta 2 $2.00
30/10/2006 20:26 30/10/2006 MELG 5 1,2,5,7,8 (FLEXI 2.5%) P First 4 3 $3.00 $3.13
30/10/2006 20:26 30/10/2006 MELG 5 1,2,5,7 (FLEXI 8.3333%) L Trifecta 2 $2.00
30/10/2006 20:22 30/10/2006 BRIG 3 1,3,6,8 (FLEXI 8.3333%) P Trifecta 2 $2.00 (CREDIT)$33.01
30/10/2006 20:21 30/10/2006 ****1G 3 6,10 L Duet 0.5 $0.50
30/10/2006 20:18 30/10/2006 ****1G 3 1,2,3 (FLEXI 33.3333%) L Trifecta 2 $2.00
Now hopefully all this mumbo jumbo comes out in readible format. But all in all, I have to say I have made a handy profit.
So I have to say, that I disagree with your statement crash, and I do have the proof to back up my own statements.
I think my worst run was 27 bets without a single return. Or something similar to that anyway. In the end, I enjoy my small bets, and am not willing to spend $100 on a single selection/bet.
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GO VOUVRAY
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