
6th March 2007, 12:52 PM
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Join Date: Sep 2006
Posts: 1,070
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Quote:
Originally Posted by Chrome Prince
AP,
Have you considered this...
Just putting a price cutoff of $11.00 means you can be laying up to $11.00 on a $4.00 shot. You have to lose in that scenario.
What you need to achieve is unders, if not always, most of the time.
If I were to use the Daily Donkey, I would look up the Racing Post prepost and rule out anything over $11.00 prepost.
Then deduct 20% off the prepost price.
Don't worry about all the one's you miss out on or don't get matched on, the one's that do will more than compensate.
Having said that, I would concentrate on first or second favourites, because it's very hard to get matched under the odds on horses @ 10/1, but it does happen.
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Chrome
Your absolutely right here, and this is of course how I approach my AUS lays and I'm doing really nicely there.
I can see the attraction of trading on the UK markets now although I don't think I'd be too comfortable letting a bot pull the trigger for me when the big money is down, and I'm getting a bit long in the tooth (and I've a day job) to be staying up till the wee hours.
The Donkey is really just an amusement for me and it takes the drudgery out of churning the lays on the Aussie markets. I've really not put too much effort into a strategy and to come out $46 down by making it up as I go along is probably not too bad.
Merriguy if your listening have a fiddle with different pricing scenario's on the Racing-Index site. If your prepared to be pretty selective ie. 2/1 or less you you can make the figures look a little better.
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Pixie "It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
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