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#1
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pricing the field and betting overlays
Hi there I am new to this forum and am a weekend punter who uses speed ratings as a starting point for picking horses. As I work full time and have 3 young kids, my form study is typcially on a Friday night over a bottle of wine or a few beers. I make my selections on FridaY night but then check the odds on the Saturday and bet online after considering the value of my selections. As I use speed ratings I try to keep to shorter distance races in Sydney Melbourne and Perth. Lately I've been trialling dutch betting where I bet two or 3 horses in a race, and adjust my bet size according to the odds just prior to the race.
My question is this? is there a standard way of pricing a field, and is ther a successful method of then betting the 'overlays' ina race? |
#2
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Do you have any of your ratings from yesterday? If you post a race, perhaps we might be able to show you.
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#3
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One way that can work is...
. Target fields of 8-9 runners only .1200m & less .Target no more than 5 runners. .Multiply the pre-post price by .90 e.g. $6.00 pre-post x .90 = $5.40 .Bet all the overs by dividing your price into ones base amount . e.g. Base amount $10 divided by say $5.40 = O/L $1.85 . Bet the ones that are at least 1pt. greater than your price. Use Betfair Trader Pro, its free (Google RacingTraders) to use these fractional amounts on Betfair. Cheers.
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Cheers. |
#4
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If you are dutch betting i guess you are only looking at your top raters ,,you could do something like this..
Give a final rating out of 10 ,,, Horse RTG Calculation Winning chance Makybe Diva 7 ....... .. .7/19 X .8 29.5 Lonhro 7 ....... .7/19 X .8 29.5 Sunline 3 ....... .... .3/19 X .8 12.6 Kingston Town 2 ........ ...2/19 X .8 8.4 total 19 Makybe Diva 100/29.5 price $3.40 Lonhro 100/29.5 price $3.40 Sunlne 100/12.6 price $8.00 Kingston Town 100/8.4 price $12.00 This helped me alot when i started out,,,got it from a site somewhere ... The .8 is of course framing the market at 80% ...taking into account the horses not listed ,,this would also be in a 10-12 horse field...i'd go alittle higher in a smaller field and smaller in a larger field.. Hope this helps,,but if you search this forum you'll find heaps of helpfull articles.. |
#5
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Thanks Maverick, I pride myself on my maths ability but am a bit lost here so will ask stupid question #2 for the evening - does the 19 denominator in each calculation mean there are 19 horses in the field?
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#6
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Thanks Mverick, it seems a little subjective but I suppose as long as you are consistent then that doesn't matter.
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#7
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Thanks Bhagwan, can I ask a stupid question here? what do you mean by base amount? do you mean units of betting, ie when you use the example of $10, you are using a $10 bet as an example?
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#8
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Quote:
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#9
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Crackone,
Would you be kind enough to give a list of what each heading is and what figures you would enter. It is probably obvious but I can't see it. Thanks |
#10
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Quote:
Bar - Barrier Wt/Min- just the weight? 3LSV third last start not sure what the v (could be price) is for. Days ago- how long from last start L/S B/M- last start beaten margin $$$u/d/s - race prize money up down same LSD +/- last start distance + or - W/100?- I think should be winning % If you unlock the spreadsheet and unhide the columns you can see the calculations it may help also (you could change it to suit your own needs) |
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