5th February 2009, 02:24 PM
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Member
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Join Date: Jan 2009
Posts: 3
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Quote:
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Originally Posted by Bhagwan
The way to do this properly, is to divide the price , not the odds into the takeout amount.
It increases the POT over a series of bets.
It also keeps the outlays down, especially on really short priced runners.
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Thanks for the detailed response Bhagwan.
I did a comparison doing the opposite. ie. R1. being the winner and R.2 being the loser.
The results were 92% POT (betting to fractions) vs. 76% POT (betting to decimals).
Quote:
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Originally Posted by Bhagwan
When doing this comparative exercise, its best to run it over 2+ races to get a proper comparative feel for the difference, because one is usually betting more than just 1 race & it's at the end of the day, when all the percentages come together.
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I sort of see what you're saying, but how can you be sure that betting to decimals increases POT over a series of bets?
Isn't it dependent on which particular selections win, as shown by my example where I reversed which race was the winner and which race was the loser?
Quote:
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Originally Posted by Bhagwan
It also keeps the outlays down, especially on really short priced runners.
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Yes I noticed this while manually running through some examples and I am now trying to determine what this would mean for my results?
Would it result in me making less money (in absolute dollare terms) but achieving a higher POT?
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