Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > Horse Race Betting Systems
User Name
Password
Register FAQ Search Today's Posts Mark all topics as read

To advertise on these
forums, e-mail us.

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 28th October 2012, 04:48 PM
mattio mattio is offline
Member
 
Join Date: Jan 2011
Posts: 268
Default Calculate Run Of Outs

I know there is a thread somewhere with the formula to calculate the longest run of outs based on a system's strike rate but I can't seem to find it. If anyone can help with either the thread link or the actual formula that would be great.

Thanks,

Matt.
Reply With Quote
  #2  
Old 28th October 2012, 04:51 PM
The Ocho The Ocho is offline
Member
 
Join Date: Aug 2010
Posts: 1,037
Default

Bhagwan posted this from this thread that I was looking at yesterday...lol.

http://www.propun.com.au/racing_for...ead.php?t=23205

Strike Rate(%) -----Max. Outs in a Row
5-------------------- 135
10------------------- 66
15------------------- 43
20------------------- 31
25------------------- 24
30------------------- 19
35------------------- 16
40------------------- 14
45------------------- 12
50------------------- 10
55------------------- 9
60------------------- 8
65------------------- 7
70------------------- 6
75------------------- 5
80------------------- 4
85------------------- 4
90------------------- 3
95------------------- 2
__________________
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”

― Earl Nightingale
Reply With Quote
  #3  
Old 28th October 2012, 05:04 PM
mattio mattio is offline
Member
 
Join Date: Jan 2011
Posts: 268
Default

Awesome, thanks Ocho
Reply With Quote
  #4  
Old 28th October 2012, 05:19 PM
norisk norisk is offline
Member
 
Join Date: Dec 2011
Posts: 334
Default

=LN(A1)/-LN((1-A2))

where A1 is number of races & A2 is your strike rate
__________________
"Now let me get this straight - Whatever I do don't bet this horse?"
Reply With Quote
  #5  
Old 29th October 2012, 08:19 AM
AngryPixie AngryPixie is offline
Member
 
Join Date: Sep 2006
Posts: 1,070
Question

Quote:
Originally Posted by mattio
I know there is a thread somewhere with the formula to calculate the longest run of outs based on a system's strike rate but I can't seem to find it. If anyone can help with either the thread link or the actual formula that would be great.


What are you going to use the figure for once you find it?
__________________
Pixie
"It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
Reply With Quote
  #6  
Old 29th October 2012, 08:59 AM
darkydog2002 darkydog2002 is offline
Banned
 
Join Date: Nov 1999
Posts: 4,332
Smile

So that means that 90 % of my Daily Multi bets should Win.

About right.

Cheers
Reply With Quote
  #7  
Old 29th October 2012, 09:09 AM
Barny Barny is offline
Member
 
Join Date: Dec 2010
Posts: 1,091
Default

The frightening thing about runs of outs that I've found is this ..... I've run systems through my database and have managed to get quite a few showing really good POT. As part of my further research I then have a 'butchers' at all the selections in chronological order by 'clicking o the mouse' where it says Next Record. I cannot emphasize enough how disbelieving I am at the number of records I can flick through between winners. I'm there thinking to myself, this is not right, something's wrong here, and then up pops a winner after an eternity !!! It's one thing to look at stats re; POT's and RUNS OF OUTS, but to be actually stuck in the middle of a run of outs of say 31 (S/R of 2o% which ain't half bad) would test your resolve. You'd have to be mighty confident in your system or be running many systems at the same time.

Me, I'd probably bail well before the max run of outs came only to see the next bet was a winner and away we go again, and I woudn't be the only one !! Stats give you half the picture, they don't seem to have such an impact on the psychology of this game as does real life betting, or even manually flicking through the records just to get a feel for what it's like to have "that run of outs".
Reply With Quote
  #8  
Old 29th October 2012, 09:35 AM
darkydog2002 darkydog2002 is offline
Banned
 
Join Date: Nov 1999
Posts: 4,332
Smile

Hi barny,
The frightening thing for me is that the majority of punters are 1 bet a race people leading to massive run losses of the number you mention and almost always undercapitalized to boot.

Cheers
darky
Reply With Quote
  #9  
Old 29th October 2012, 09:42 AM
Barny Barny is offline
Member
 
Join Date: Dec 2010
Posts: 1,091
Default

I cannot for the life of me "get" the notion of having more than 1 bet in each race. I've thought about it, what about backing an on-pacer and one that swoops ?? .... but I keep coming back to the fact that for every bet you're having in excess of one, is a loser !! I'll solve the riddle of the ratings first eh
Reply With Quote
  #10  
Old 29th October 2012, 12:08 PM
Vortech
Guest
 
Posts: n/a
Default

Isn't laying basically backing multiple horses per races to win.
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT +10. The time now is 03:29 PM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655