
11th November 2007, 03:11 PM
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Member
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Join Date: Nov 2007
Posts: 326
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Party.....
Excellent work.
I have a strong belief that a good system must use unit for unit betting before, then going on with more exotic methods to further your profit on outlay. This of course means your selection process plays the number #1 part which i also believe most punters ignore, going straight to the 'betting method' to try & make up for poor selection technique. Ive used many plans against my own and always come back to my original staking method. I run an excell sheet with auto-summed colums to cut right down on the manual data. I bet 5% of the total pool which is updated after every race. This automatically allows me to bet up on winning runs and bet down on losing runs. The data is set and theres no person feelings involved. Now as ive already said my selection process allows me to do this as on a unit to unit basis i know i cant lose in the long run. The fact i have confidence in my selection process is the key. I dont have to rely on bringing in a risky betting method to try & make up for a dodgy selection method.
Ive run on around a 4-4.5% margin for a few years now place betting. This recent E.I. situation has been running around 3.5-4% though.
My unit for unit plan does not work on TAB payouts, it infact runs very close to evens. I rely on best of 2 totes or tab +5% etc from the private agencies. I ran comparisions for a long time and found the equivalent of $1.50 TAB ave was atleast $1.58 from the privates. Theres my profits there.
Soooooooo.....for what its worth. If your someonewho is constantly looking for betting strategies to get you in front i really think you need to go back & concentrate on your selection process. A good betting plan will only ever cover up a poor selection method and it will always catch up with you in the end.
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