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Originally Posted by Bhagwan
Hi Place2Win
Some impressive results there, with that Back & Lay approach.
Approx +$150 up in 2 days.
It appears, at this stage, that the majority of winners appear to come from selections priced in the <=6.00 range.
One could maybe capitalise on this staking approach, by only using the selections that fall in <=6.00 range.
That way one can maximise the leverage of the covering $10 Lay bet.
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Hi Bhagwan,
So far so good, but it is early days.
As the selections are from my RC selection process which has a max
Liability of $5.00 (6/1) I don,t know how the over 6/1 would have
faired. Also I didn't know how to include multiple race selections for
staking purposes(maybe run multiple banks, but how many, the combinations could get out of hand)
Each day has had Three (3) occassions that a winning Profit has
been struck. Stopping at first win gives a minor profit, stopping at second win gives a medium profit and stopping at third gives a maximum
profit.
As each day has had a max loss run of only Two(2) the lay side
is at best a deterent as profit would have maxed further without
it. But time will tell. This needs more testing. Will continue to monitor.
Your original suggestion definately has merit, so thankyou for sharing.