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9th May 2011, 08:22 PM
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Member
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Join Date: Mar 2009
Posts: 96
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An observation
2 weeks ago I ran for 7 days a live test on Unitab, 15 seconds before race start on the top 8 favourites (min 8 starters), mainly to see where our selections lay. As a by-product of this test I noticed that during this period the top 8 favourites produced over 95% of the winners.
To me, the obvious from this was the potential to lay those that were NOT in the top 8 favourites.
Today I did a test on this, with a 100% strike rate. However, the prices of those to be bet was VERY high!
When you are betting to a liability, the payout is the same irrespective of the price if failure strikes, however it is the return you get when successful which may be a problem for a viable system.
Anyway I throw this out there as an observation as there is very little supporting data on my part, but I thought it was still interesting and worthy of a post.
For interest, today it was an $84.70 return on a $50 bet liability (but with 100% strike rate) so not sure how this would stack up long term.
Food for thought only! .. good punting! .. fred
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