Bhagawn, I've been betting your no.9 Lay method from Thursday 19 November, and the only filter I've applied is that the selection's Lay price must be $10 or less on Betfair.

I haven't bet every selection because I'm often not at a computer.

My results for the three days are:

Thursday - 1 selection for one success.
Friday - 4 selections for 4 successes.
Saturday - 10 selections for 9 successes.

There's been 14 successes from 15 selections for a profit of 10.80 units.

There's been two selections in barriers 1 to 3. One was the accident and the other ran second. Another started from barrier no.4 - it ran third. Still, its much too early to tell if there's any merit in the barriers.

Well done Michael.

Thanks for sharing those findings.

Cheers.

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Cheers.

I did not bet on Sunday which could have been lucky because it apperas there were 4 accidents, two of them quite damaging.

Couldn't this be applied to any number??
I haven't looked at the fields today so know nothing of the horses or their form.....today's lay is number 5 @ 8 or less. Regardless of barrier or number of runners. Horses. dogs, trots, the works.

Dont lay Kilmore Race 7 Horse 2 - Master of Design.

(a) its scratched.

(b) its a very fast horse.

Mark what is your take on this Betfair premium charge ? I presume that when I am not using my Betfair funds they are being invested on the short term money market with Betfair taking the interest income.

So I am pretty dissappointed with this type of charge - one of the reasons I joined Betfair was cause of its low cost (to the punter) model - and after donating to State Revenue's for 30 odd years (TAB's) I thought it was time to give somebody else a go.

Reckless, I've written my feelings about it on another thread. I think it's a despicable money grab by a monopoly that is now unfortunately showing its true colours. I'm most disappointed at some of the responses on the BF forum. A few have welcomed it (losers would be my guess, even though they all declare to be consistent winners) and they just cannot see that if BF get away with this charge (they have) then they will introduce further costs/charges. So those that it doesn't affect now will be caught up somehow later down the track, but they just cannot see it.
For several years now I have been a great advocate of BF, recommending it to all and sundry.....but no longer.

Michaelg,
No 2yr olds, No Jumps, No First Career starters, No contender with a win
in last 3 starts and results improve to ONE accident only.
Regards
Shalor

I make it 6 lays for number 5 for no wins...100%.

How's Betdaq's liquidity these days?
I must confess, I've never been hit with the Premium Charge.
Although I make a profit, I pay commission on every part of every little win, not just the longterm win, whereas many pay little commission on little wins so pay Premium Charge on top.

a) scenario one
Turnover $10,000 and make $2,000 profit.
Pay 5% plus premium charge on $2,000 profit because there are hardly any losses.

b) scenario two
Turnover $10,000 and make $2,000 profit.
Pay 5% with no premium charge because I've been paying 5% on every winning bet that has to counter losing bets.

Basically they slug all traders and "book" makers, they also slug bookmakers for laying off.

If I were to ever pay premium charge, I'd ditch them, however, it's unlikely.

My approach is to play bookmaker so I don't pay any extra "tax".

I ensure my book is unbalanced but in my favour longterm, if that makes sense.

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