21st July 2008, 02:28 PM
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Member
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Join Date: Jan 1970
Posts: 2,790
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Yes, my results are based on the assumption that a $1 level stake has been bet on every selection, but any amount can be bet.
The only reason I've nominated a $1 bet is for the convenience when recording the results.
Even dutching all selections I believe would more or less get the same result. For example, yesterday the method had 5 races and the winner was struck in all of them but only produced a profit of $0.90 betting the nominal $1 on all the selections. And today Wellington R6 which has just been run and won produced a loss of $1.60 with a $1 bet on all the six selections, but if dutched for a target of $10 then the race would have produced a profit of approx $2.66 when the 5% commission is deducted.
Its the swings and roundabouts scenario with level or dutch betting, but I bet level stakes because I find it easier to do so, and also easier to record the results.
Edit - Murwillumbah R5 has just been run and won. I snared the winner at $15.50 which has produced inxs of a 100% POT - dutching would not have given such a high POT.
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