Thread: Lay The Fave
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Old 25th February 2010, 11:45 AM
michaelg michaelg is offline
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Join Date: Jan 1970
Posts: 2,788
Wink Lay The Fave

Here's a little Lay The Fave system I've checked over the past 7 days. I omitted Saturday because of the higher class races.

1) Minimum of 8 runners.
2) The pre-post fave (I use the Telegraph's market) to be under $3.00.

It would be expected that this might not be a good Laying system because the fave, being short in the market, would be expected to run well. However the results from Wed 17 Feb does not support this.

There were 51 races for 39 successes and 12 accidents. When adding 33% to the Unitab divvies for the accidents the total liability comes to $14.40. Obviously they were very short in the market. I calculated that if the winner paid $3.00 on Unitab then it would have been $4.00 on Betfair ($3.00 by 1.33). When deducting the stake of $1.00 it gives a loss of $3.00.

As there were 39 successes the profit was $37.05 after Betfair's commission. This results in a nett profit of $22.65 from 39 races.

Today's races are:

Gosford R6
Ballarat R3
Ballarat R7
Albany R2
Albany R4
Townsville R1
Townsville R2
Townsville R3

Let's see if it can beat the Forum Curse...
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