Michaelg,

Great work. I fully hope it continues for you. If its making a profit then you can't complain.

Betfair is great if you can snag a few longer priced winners. Anything over $15 will probably see you getting some sort of value in your selections.

In fact if you bet on all horses showing over $15 on betfair (in my database) you would have had : 39172 selections and returned somewhere between $33188 and $56303 after commission depending on what available price you took the bet. That ranges from a 16% loss to a 43% profit. It all depends on the price you obtain.

In fact applying just one filter to the above rule of $15+ on betfair will give you:

541 selections for a return of between $702 - $1963 ( the difference is the difference in odds offered to lay and bet). I always use the lower number when working on system ideas so in this case it would be a profit of 29%.

For only 2 rules : Price above $15 + 1 mystery rule you end up with a simple system that easily makes a profit on betfair but loses on the tote ( tote retun is a loss of 21% ). This shows there is a lot of value in longer selections on betfair.

Good Luck