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#1
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Profiting From Prices Only
Hi, Does anyone here use fixed prices only to make a profit from racing ie just following prices and staking to win?
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#2
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I'm thinking that anyone here that actually Profits from racing, puts in just a little more effort than doing that.
Thats probably why only 5% or so of Punters are Winners, because they understand that you really do have to put in a lot of hard work. You can do what seems a lot of work , but is in fact just bailing water out of a leaky boat. |
#3
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There is no better bailing device than a scared man with a bucket.
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Jose'. |
#4
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I believe following prices can be just as accurate as following form .
Just look at the form at most of those winners , half of them have terrible form , especially the outsiders. So price would have to be just as good an option. The prices tell their own story, in relation to their price to percentage chance. e.g. a $2.00 fav would have approx 42.20% chance of winning if betting into say a 118.5% market as per TABs It is worked out by converting its price into a percentage. 1 divided by $2.00 click % key = 50% This 50% is divided by 118.5 then click % key. = 42.20% chance of winning. If market was say 103% like Betfair 50% divide by 103. click % key = 48.55% chance of winning If market was 100% Then it would be a 50% chance of winning. It all depends if your the type of punter that can sinc into that type of thing. Another idea is get a program to create the selections for you based pruly on the prices & ranking of the runners. Example. Use a Bot to select Lay bets or Win bets , say 2nd or 3rd or 5th favs in a particular price range, in Sim mode. Then bet the dead opposite, it produces with real money . How many times have you seen where say the 2nd Fav gets rolled all day long , yet when you go to Lay them to lose , they win all day ? This wild idea has shown to work well in the majority of sessions, when used accordingly. Another example. Target races where the Fav is <=2.00 Then Lay Bet the 2nd fav to fall over. Stop betting for the day if we get bit 3 times , at any time on the day, its not going to be our day. Quit often , these 2nd Favs will get rolled all day long. Make sure you are betting where the win market is <=103% on Betfair, otherwise the prices shown could be distorted somewhat & therefore less accurate. Try it out for yourself, it works so long as you stop if bit 3 times on any given day.
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