25th November 2001, 10:32 AM
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Administrator
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Join Date: Jan 1970
Posts: 181
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Dear Fatboy
You wrote:
"Your two selections produced one place and a short priced fav at that. The lays produced 2 winners of $3.10 and $8.30. If punters placed level stakes on all your lays they would have made a 280% profit for the day!"
Dear Fatboy,
I pointed out I used Friday's Sportsman for the prices. Eric, the short priced winner was at big double figure odds in the Sportsman.
The lays were also based on the prices in the Sportsman. I am giving you horses that are poor value at those odds. If they happen to be at much better prices on raceday well it's a whole new ballgame.
Lazing About at $8.00 was value. It was not long term value at $4.00.
Also, if you look at my previous "lays" in the Forum, which I suspect you have not done, the lays have been very successful - backing the short priced favourites I have knocked would have shown a substantial loss.
To be successful punters have to look further than what happens over a few selections. Profit/loss percentages on turnover are also of no meaningful statistical use from a couple of selections.
Fatboy I am sure the readers of this Forum would like to see your selections each week.
Good luck,
Lucky Lil
[ This Message was edited by: Lucky Lil on 2001-11-25 11:35 ]
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