
6th March 2005, 05:57 PM
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Member
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Join Date: Nov 1999
Location: Western Australia
Posts: 2,426
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Most of us know that the "inventor" of this plan is named not harry (but it rymes) it is spreading a wide net but has some merit.
It is typical though of the nerves that you will have to cultivate to win consistently at this game so in that sense its a good excercise.
For the faint hearted though there is a couple of alternatives (variations on the same theme)
here we go (braced for the broadside)
Take the WA TAB-Form pre-post prices AFTER SCRATCHINGS, for SR and MR on fridays, and any other days you like, we are interested in 2nd to 4th favs (pre-post) This actually produces a LEVEL stakes profit betting Maxi divi more weeks than not (inc. this week) 48 bets in all. (at levels, if Fridays only)
Next we back the 3 selections in the first timed race and bet to win $9 @ level stakes , in other words we have $1 on each searching for a 11-1 winner,
i.e. if we get a 11-1 winner we return $12 less $3 staked so $9 in front.
So if we back a loser , next bet is the next TIMED race alternating between SR & MR. This time we are looking to win $18 + the $3 lost on the first race =$21
so the total stake is $7 which we cant divide by 3 so we level up to $9, so $3 on each horse (remember we are searching for a 11-1 winner)
Ok so if we dont strike a winner here ,we carry on like this covering to win until a winner is struck (always backing race to race in TIME order)
Of course sometimes we will hit a winner at less than 11-1 (most times that is) so in this case only the target alters, eg say your target has crept up to $48 so your stakes will be $6 on each selection, and maybe there is a winner at say 5-1, so your return is $36 (win $30) so your next target is the shortfall of $18 + $9 for the next race= $27 so stake $3 on each of the 3 qualifiers.
If you do this as a seperate betting propsition for each meeting betting race to race the bank (maximum you can lose is $186 without hitting a winner) the maximum you can win is theoretically $9x8 races ($72) BUT is is possible and does happen that you will back a much higher priced winner than 11-1.(if backing saturdays we snared Danni Martine @$20.30 this week.
If anyone is interested further, I can send a spreadsheet down the line if you want, just request to "lumbasakabayo at hotmail dot com"
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