5th February 2004, 09:13 AM
|
Member
|
|
Join Date: Jan 1970
Location: Yarra Valley
Posts: 241
|
|
Hello Shaun,
the following is a message I posted to another list a few weeks ago... I think it might answer your questions.... I still look for the best value at all times whenever I'm around my computer near bet time, although I can't do this on my best day of all - Saturdays - so I just use MaxiDiv or DivviPlus...
Cheers,
Chris.
Hello All,
When I first started punting about 18 months ago, I opened a STAB account and bet everything on the tote. After reading quite a bit about "seeking value", I started betting DivviPlus a bit over 5 months ago, and recently opened a edited account for their MaxiDiv product since DiviPlus is not operating all the time anymore.... I have also taken quite a few fixed odds bets either on IAS, edited or Betfair. I should also point out that I've had to bet on STAB occasionally as well, when I wasn't at home or near my computer. (I'm not betting the $50 minimums required for telephone betting just yet - but soon... :smile:.
This makes my punting quite a bit more laborious than simply betting on STAB. I used to have a program which generated a STAB betsheet, which made placing 1 or 100 bets for the day very, very easy.... None of IAS, edited or Betfair have a betsheet facility, so placing bets on these services is a whole lot more time consuming.... So.... has it been worth it?
The following figures relate to my win betting only, and assume a flat $1 on every single bet... In reality, I bet different amounts on different systems, and have actually done a little bit better than these figures show.
Over the past 6 months I've had 1708 bets for 389 wins. An overall strike rate of 22.8%. On STAB, the dividends I would have received would have been $1762.50... A Profit of $54.50 and a POT of 3.2%... Not that great.
Using all the value alternatives, my actual dividends have been $1904.35... A Profit of $196.35 and a POT of 11.5%. The extra dividend has worked out to an extra $0.36 per winner....
In my book, the extra time it takes to place the bets and look for value is well worth it.
Cheers,
Chris.
|