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#1
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![]() I am looking at the first 5 favorites. If you are betting all races each favorite in its own bank on the tote would lose. Betting the tote is always counter productive. If the favorite's tote price was $2, it would actually need $2.10 to break even. Strike rate 40.42%. If the favorite's tote price was $2.50 (34.42%) it would need $2.47 to break even. If the favorite was $3 (28.72%) then It would need $2.96 to break even. If the fav was $3.50 (24.71%) then it would need to have $3.44 to break even. At $4 (21.08%) you need $4.04 to break even. This is using my database of 43691 races.
I dug a little further $2.20 needs $2.27 and $2.30 Needs $2.25 If you could follow the tote and place on betfair at even 10% better you would have to be up long term. |
#2
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![]() true benton, the problem is that the narrow end of the bf market these days rarely provides the value you are looking for
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#3
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![]() That is where the patience comes into & also in running can produce the extra edge at times .
. I have a pensioner **** accountant client of mine who place his win bets on Betfair at 25% greater than the TAB Fav. He often puts it in running to get his price. He says he makes good percentages each month that are much higher than his Superannuation & keeps his brain stimulated.
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Cheers. |
#4
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![]() Bhagwan love to see in running betting on Aussie racing but guess thats a while away
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#5
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![]() They HAVE in running on Aussie races but the liquidity is not very good. When you think about it though it does make sense if you are backing a particular horse (as long the price goes UP to the amount you want - as the price can come down instead in running and you would then miss out on placing a bet).
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#6
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![]() still very limited tho?
Last edited by stugots : 30th April 2011 at 07:43 PM. |
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