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Old 25th April 2012, 08:34 PM
mattio mattio is offline
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Join Date: Jan 2011
Posts: 268
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Quote:
Originally Posted by UselessBettor
Mattio,

You should do it for each fav. ie 1/$2 + 1/$3 = 0.83333

But from your figures I assume is over 70 races so we can assume odds of 264.6/70 = $3.78 per fav. This means there were 1/3.78 * 70 = 18.52 winners.

If these are tab prices I would be very careful about laying them as betfair prices are not always X% higher. Sometimes they are lower, mostly higher, and sometimes the favs are different.

If they are tab prices then its likely the number of winners should be 1.15% higher which would be 21.3 winners from the 70 races.

Again its based on the assumption this is 70 races for the figures you gave me.

Also my maths may be wrong so always double check it.


Thanks UB, I will be testing for a lot longer before placing any bets and also taking into consideration the price difference. I was mainly looking to see if the method was able to find less winners than what could obtained simply by random chance. Would you mind giving me your email, I would like to run something past you.

Cheers,

Matt.
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