Dear PharfromOz,

Ok, I've arrived in Darwin, scratch the holiday for a bit, let me get down to work...

I am very interested in what you are doing as it is a winning formula, laying rnners when their real chance of winning is less than what their price offers is a ticket to success... Any maths genius would agree..

I have a couple of questions though...

Firstly, on Betfair, as with most markets there are distinct groups of runners, those in the market and those out of the market..

Trying to lay ones out of the market at reasonable odds is damm near impossible and many don't attract any bets at all... (this is where bookies clean up when the win)

So I gather taht the runners you are laying, are ones more or less in the market where there is adequate investments to allow you to lay at a reasonable price..

Could you give me some idea as to what your market cut off point would be, say $4, or $5 or more?

I've tried laying runners out to $10 and it only returns a dribble and ouch it hurts when they win.


Second Question

In your experience, what would be a reasonable relationship between your "bet to lose figure" for each race and the bank you have in reserve?

For example if I was to "bet to lose $100" what sort of bank should I allocate to cover those times when a number of rotters get up and win on you?

Do you have any statictic's regarding your activities?

I believe I might be able to automate the selection process based on what you've outlined so far, which means that you dont need to pour over form for hours before a meeting..(I'm a programmer, I didnt tell you that)

Perhaps you'd like to talk to me privately about this so you can email me at OzPUnter@gmail.com..

( I do look at that email box guys... Promise) even though I have been slow answering it before.. I will be looking at it daily over the next couple of weeks as it's plastered right in front of me on my laptops desktop.

Cheers PharfromOz, hope to hear from you soon.