18th February 2013, 11:22 AM
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Member
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Join Date: Aug 2010
Posts: 1,033
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Quote:
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Originally Posted by michaelg
Out of interest I looked at yesterday's S.P. results.
The two rules I used were:
1) Fields that had 9 to 12 runners.
2) Bet all S.P. prices that were $29.90 and less.
There were 25 races, the winner was struck in all 25.
The outlay ($1.00) was $168 and the S.P. return was $197. I applied Betfair's commission to the winner's price and not the race's profit (if any), so the real result would have been slightly better.
I hope to look at the results of other days, and if worthwhile I'll report back here.
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Don't forget the turnover charge which will apply to ALL your back bets regardless of winning. Granted it's not much (1.2%) but it can detract from the bottom line should any backing endeavour go anywhere and you therefore back bet on more than 50 markets per week.
__________________
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”
― Earl Nightingale
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