Hi LG,

Thanks again for your post which prompted me to check the proportional betting results on the raw system output (without qualifying selections for favouritsm). In the post below I did the test on June selections (107 bets) and I wondered if the positive result is just a fluke or not.

Believe it or not I have never tested the raw output on proportional betting because when I constructed the system our program didn't have that function. I have however done so now and the results are surprising to say the least! Not only are they positive, but the number of selections increases from 2800 over all to 4300 over all and its completely reliant on Axis ratings and filters without any outside help from the market!

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Selections 4300 (3.5 bets average per day)
Winners 1593
Strike rate 37%
Betting 1% of bank level stakes or to take out 1% proportionally
Level stake POT -1.31%
Proportional betting POT 1.51% Maximum run of outs 17, Max Bank draw-down 26% average draw down 8%

The above figures are based on NSW/SP just like all our figures we quote. Applying a better betting pricing model equivalent to betting Top fluctuation or Best tote or betting on betfair produces the following results.

Level stakes POT 2.10% Max Bank draw down 48% average 11%
Proportional betting POT 4.53% Max Bank draw down 23% average 9%
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Increasing the take out from 1% to 2% proportionally exponentially increases the profits but it does so at the expense of raising the bank draw down to 41% however the real dollar profit increases due to the turn over.

There are several Betting scenarios that produce different outcomes, many of them push the envelope too far with bank risks too high for real life betting. I have written about this in another thread, without knowing the risks an incorrectly set betting method can destroy any system outcome due to unsustainable bank draw-down or under utilise the systems performance if the settings are too cautious. Lucky for our clients such information is available in the betting analyser for all subscription levels so they do not go in betting blind.

The proportional betting scenario shown above is a vanilla method used by most professional punters where the size of the bet varies based on the bank size and the horses dividend with the take out being ultra conservative at 1% of bank.


Kind regards

__________________
Michal - Ratings2Win Pty Ltd
R2W Axis - Axis is Australia's leading horse racing software and database;
with sophisticated form analysis tools and accurate horse performance ratings for TAB meetings.
http://www.ratings2win.com.au/