7th June 2012, 03:49 PM
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Member
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Join Date: Sep 2006
Posts: 1,070
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Originally Posted by evajb001
Obviously there isn't enough data to say whether its a winner yet or not but i'm just curious what makes a lay system acceptable?
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Hi, no there's a lot more testing needed there. 74 is a very small sample. By comparison I'd probably lay twice as many horses as that a day 
Obviously an acceptable lay system is one that gives you a profit and there's many way's that can be achieved. More targeted systems as you are alluding to do tend to produce a higher profit on turnover than high volume systems that make profit from the churn. I'm not averse to the more targeted approach but it can become frustrating when the Fates turn against you.
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Definitely seems like managing the risk with a max liability and stop loss helps the returns.
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Maybe but too early to know. I'm not a stop loss person as I think it tends to even itself out over time. Stop loss can equal lost opportunity.
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So it may even be more profitable with some sort of recovery built in as well maybe?
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No no never do that! Silly for backing, suicide for laying.
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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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