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  #1  
Old 22nd February 2007, 01:15 AM
ubetido ubetido is offline
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Default Run of outs

Hi all

If i am betting my top 2 picks that have a 40% win strike rate what run of outs could i expect.

What would be the minimum odds i should be taking for each selection.



cheers
ubetido
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Last edited by ubetido : 22nd February 2007 at 01:21 AM.
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  #2  
Old 22nd February 2007, 02:48 AM
moeee moeee is offline
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Go and download "Risk of Ruin".
It will tell you the chances of any run of outs you choose.

And it is patently obvious that you should be taking a minimum price about your selections of $5....Or did I miss something?
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  #3  
Old 22nd February 2007, 06:58 AM
crash crash is offline
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ubetido,

There is no maths needed here, just a bit of reason.

A horse with a 40% strike rate is very unlikely to miss having at least 2 wins in any preparation of say 8 runs, so even if those wins were the last or 1st. 2 runs, the outs would be no more than 6.

A horse 's SR is pretty much set in stone within it's first 10 starts. If it's SR is 10% [or whatever] as a 3 yr. old, you won't see it with a 30% SR as a 5yr. old. It will be 10% throughout it's career if it stays in reasonably good shape and health.
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  #4  
Old 22nd February 2007, 09:11 AM
AngryPixie AngryPixie is offline
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Quote:
Originally Posted by ubetido
Hi all

If i am betting my top 2 picks that have a 40% win strike rate what run of outs could i expect.

Ubetido

You'll be able to work it out in Excel with the formula posted here

http://www.propun.com.au/racing_for...ead.php?t=13201

In short though you could expect

a run of 5 outs every 19 bets
a run of 7 outs every 54 bets
a run of 10 outs every 248 bets
a run of 13 outs every 1148 bets

You should be thinking in terms of combined odds if your backing two runners each race.

Pixie

Last edited by AngryPixie : 22nd February 2007 at 09:40 AM.
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  #5  
Old 22nd February 2007, 11:16 AM
crash crash is offline
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AP,

I think your confusing a punter's SR with a runners SR.

A run of outs for a punter with a win SR of 40% [we wish] is completely different to a horses win SR regarding expected runs of outs.

A horse has spells and it's SR cannot be calculated over 100's of runs.

Quote ubetido: ...'my top 2 picks that have a 40% win strike rate'. I think ubetido is talking about the runner's win SR, either each or perhaps combined[?], not himself as a punter.

By your calc. a horse will have had to have run 1148 races [what a horse!] before expecting a run of 13 outs :-))

Last edited by crash : 22nd February 2007 at 11:19 AM.
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  #6  
Old 22nd February 2007, 11:51 AM
AngryPixie AngryPixie is offline
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Quote:
Originally Posted by crash
AP,

I think your confusing a punter's SR with a runners SR.

A run of outs for a punter with a win SR of 40% [we wish] is completely different to a horses win SR regarding expected runs of outs.

A horse has spells and it's SR cannot be calculated over 100's of runs.

Quote ubetido: ...'my top 2 picks that have a 40% win strike rate'. I think ubetido is talking about the runner's win SR, either each or perhaps combined[?], not himself as a punter.

By your calc. a horse will have had to have run 1148 races [what a horse!] before expecting a run of 13 outs :-))
Ok we've read it differently. I thought he was saying that his two system selections win 40% of the time.

Oh well
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  #7  
Old 22nd February 2007, 03:02 PM
crash crash is offline
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Sorry mate I just couldn't resist on that one : -)
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  #8  
Old 22nd February 2007, 03:37 PM
AngryPixie AngryPixie is offline
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Quote:
Originally Posted by crash
Sorry mate I just couldn't resist on that one : -)
Well so long as Ubetido know's what he's talking about...
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  #9  
Old 22nd February 2007, 04:19 PM
crash crash is offline
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Hope so too, because his question was a bit ambiguous.

Was it the system or the selections with 40% SR? I thought one and you thought the other.
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  #10  
Old 22nd February 2007, 07:15 PM
ubetido ubetido is offline
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Hi all

Thanks for your replies and sorry that i created that confusion. I was referring to an overall strike rate not the runners strike rates.

So for every 100 bets 40% of them should win. In the the TOP TWO PICKS.

So i wanted to at least theoretically work out the run of outs i could expect.

Also the minimum odds i should take. $5 as indicated seems obvious 100/20% each selection.

However there may be the following winners odds 2.5 4.5 22.0 11.0 8.5 3.75 5.7 etc So i would need to find an average i guess and as long as it is over $5 it should be ok.

Thanks for you input.

Cheers
ubetido
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