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9th June 2013, 01:09 PM
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Banned
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Join Date: Feb 2013
Posts: 743
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Part 6
Continue on sorting and reviewing each price subcategory. Then move on to condition breakdowns like:
Maidens only
Last 3 starts are broken up into 5 sub-categories
Weight change
Distance change
% Win Strike Rate
2nd Fav Odds
Class is broken up into 3 sub-categories
Field Size which can be very profitable
Then start combining 2 or more conditions or price sub-categories. You should end up with a heap of filters. Place them alongside one another in your spreadsheet in what I call the "Black Box".
When I see a race about to start in a minute or so's time I enter all the variables of the selection that meets my price range/favourite criteria. Once entered the "Black Box" will crunch the data and instantly generate signals "B", "L" or "N".
"N" is for No Bet. There will be times while doing your studies that you are split on the effectiveness of Backing or Laying, too close to call!
For example I have found, in the Odds/On category, that a horse "Down in Class" in any Price sub-category can win or lose on an even basis, no profit/loss to make it worthwhile. So I have a filter that generates a "N" for this situation.
I have a filter that returns 80% of liability every bet in a certain Price Range:
=IF(AND(H#<>"RFS",G#>=??,G#?,I#>=3.5,M#<>"Maiden"),"L"," ")
The "Black Box" is used for staking as well. If the data entered for a selection generates say three "L" signals I increase my stake/liability by three. The skies the limit with this technique. I haven't even scratched the surface of the possibilities.
Once you become disciplined in this approach, there will be no sport that you can't find a profit in! The attachment shows a glimpse of the "Black Box" and the signals it generates. Above is a graph of the potential profit that you can achieve.
This ends this tutorial I hope you have enjoyed the insight into some of my daily activities.
RP
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