27th April 2011, 08:28 PM
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Member
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Join Date: Jul 2010
Posts: 16
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Quote:
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Originally Posted by marksto2
Thanks so much Domenic. Really appreciated.
I am actually thinking of a maximum lay price cut off of $10. Not sure if this will improve the bottom line.
Assuming Betfair odds are 20% better than NSW TAB prices then this should easily make a 10% profit on turnover if I am reading correct?
Cheers
Mark
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Cut off at $10, the results are as follows;
Bets; 866
Wins; 179
S/Rate; 20.67%
Ave Div; $3.72
Loss; -200.12
LOT; 23.10%
From $1.00 to $3.90 shows only a loss of 0.1%.
On the limited data I have posted, laying in this price range may not be advisable.
From $4 to $10 shows a loss of 36% |