
29th July 2011, 09:45 PM
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Member
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Join Date: Sep 2006
Posts: 1,070
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Michael, no not laying the whole field
I've really just stripped everything back to the bare basics and similarly to Chrome I lay all my selections to the same liability. I use 10% of bank. This makes POT calculations easier as I just need to look at the aggregate of what I've risked and divide any profit by that number. i.e. risked a total of $5000 over all races and ended with a profit of $250 is a POT of 5% for the day.
The 10% is more aggressive than some would like (helps to be asleep when that's happening  ) but due to laying multiple selections it's effectively more like 5% which is roughly my advantage.
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Pixie "It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
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