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 4th November 2008, 05:04 PM
Michal Michal is offline
Member
 
Join Date: Oct 2005
Posts: 1,007
Default Place Bets

Hi All,

I would like some advice, have been testing a system for a while and while its going quite well for win the place strike rate is above 80% . This averages about 2 bets a day.

What could I do and where could I do it to capitalise on this as well? I looked at betfair and place bets are certainly not worth the trouble , the odds on offer is mostly way under the TAB odds. Even betting using QLD TAB it has 19% POT.

I have never thought of betting places but it seams like a worthwhile investment to run separately from the win bets, so I would appreciate some advise from those that bet places.

Michal
Reply With Quote
  #2  
Old 4th November 2008, 06:13 PM
partypooper partypooper is offline
Member
 
Join Date: Nov 1999
Location: Western Australia
Posts: 2,418
Default

Michal, 80% S/R and 19% POT is fantastic. Whilst I can manipulate my plan to achieve 80% S/R ,the number of bets diminishes dramatically as does the average divi, and my POT stays around 4%. So I go for the better turnover.

In your case I would have a look at how the plan has fared say over at least 2 years if that is possible, but I would still only bet at level stakes. If you get bored you could run a seperate bank of 5 units and bet 20% never reducing, always stop if there is insufficient funds to place that last bet, and start again with a 5 unit bank.
This will give a lot of fun, and some interesting winning runs, with very little damage should you hit a bad run. But remember only on a small scale, keep your main bets at level stakes.
Reply With Quote
  #3  
Old 4th November 2008, 06:50 PM
Michal Michal is offline
Member
 
Join Date: Oct 2005
Posts: 1,007
Default

Thanks Party,


Unfortunately I cant test back for more then about 2 months, all I can do is go forward. I have live tested for 3 days for 9/10 the only looser having ran last LOL. The average div is $1.45 using QLD TAB.

I remember that we had some discussion here before about place betting and where the best is. I have discovered that it isnt Betfair. For instance today my 2 winning bets were 1.48 on betfer and lowest TAB was 1.6
the other was much the same, and on top of that I also have to pay 5% for the privelage of getting the lowest divs.

I am hopeing that the system will continue to produce .

Thanks for the advice , I thought that it would be a good way just getting the straight bets , I do know that some people risk doubles and triples and so on , I just had 9 in a row, boy that would be something havoing something that acumulates them perhaps someone has some experiance with that?

Michal
Reply With Quote
  #4  
Old 5th November 2008, 01:00 AM
partypooper partypooper is offline
Member
 
Join Date: Nov 1999
Location: Western Australia
Posts: 2,418
Default

Michal, I always considered Betfair as the proverbial "free lunch" and so have never gotten into it, (I could easily be wrong)

Past results, well as we all know backfitting isn't really the way to go but once you have a plan that you are working; it can indicate what you are likely to expect.

As far as long winning runs are concerned, yes it does happen fairly regularly with place betting but in nearly 5 years I can tell you that I've tried every which way to improve the profit by staking plans, you name it I've tried it, and the end result was that if you took the total amount bet and divided it by the total number of selections, and applied *that* at level stakes over the same selections; the resulting level stakes POT remained the same as normal flat level stakes (though you may have increased stakes on average).
Reply With Quote
  #5  
Old 5th November 2008, 05:42 AM
Michal Michal is offline
Member
 
Join Date: Oct 2005
Posts: 1,007
Default

Party,


Thanks for that, I'll take your word as I know that that is your speciality. New only remains to ask where do I bet, TAB ? and which one or are there some corporate bookies that look kindly upon such a strike rate?

Michal
Reply With Quote
  #6  
Old 5th November 2008, 11:38 AM
partypooper partypooper is offline
Member
 
Join Date: Nov 1999
Location: Western Australia
Posts: 2,418
Default

Michal, I am told there are alternatives but; I and *several members of my family* have various accounts, so I tend to switch the bets around a bit. But I always bet best tote (i.e.) best of 3 for Metro meets, otherwise for Country I bet half at unitab and half at country best (i.e. best of NSW & Supertab), this gives the best average.

I don't like the IAS one personally as *guarentee to beat at least 2 totes* sounds great , but say one pays $1.04, another pays $1.10c, and the other pays $1.40 (happens a lot) then they will pay you say, $1.11c and have fulfilled their promise, but you dip out badly.

I have to admit I have been a bit lazy looking for alternatives (or kinda gave up) as there always seemed to be a catch. Just recently I received a circular from Best Divi dott comm dott au offering to BEAT 3 totes which I was very interested in but have not been able to find out who they are or even if it is genuine or what.

If you do find any better deals than Sporstbet or Sportingbet I would be very interested.
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 06:04 AM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655