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  #1  
Old 18th April 2012, 11:42 AM
TheSchmile TheSchmile is offline
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Default Win vs Place systems

Quote:
Originally Posted by Lord Greystoke
Thanks Bhagwan.

Not sure why we would bother with a WIN bet in hindsight...

$1 WIN = 2 PLACE bets(being x2 place odds on avg?) @ 50c per bet
$6 PLACE = 6 X 3 OR 18 PLACE BETS @ 33c per bet

So might as well just concentrate on the $6 PLACE bet and keep the extra $1 in one's pocket? Regardless of the winning or loosing sequence that plays out - after 6 bets, we have an extra 6 units to play with?


After these words from the good Lord on Dale's 'Rock Hard' thread, I decided to open some debate on Win v Place systems.

My opinion is that it is all relative. You get a higher POT with quality win selections, however you stake less due to the higher runs of outs.

The issue I have is getting value for the place and I find the really solid chances are often overbet for the place.

Any comments/feedback would be much appreciated as always. I know partypooper's an unabashed fan of the place bet. There are also a few 1 x 3 or 4 betters out there, Iomaca if I recall correctly? Your input would be well received!

The Schmile
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  #2  
Old 18th April 2012, 12:04 PM
norisk norisk is offline
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Agree TheSchmile that it can be hard to find value for a place selection- the only way I have found to consistently do so is to chase prices on BF.

I used to use a bot to place all my bets & still do so for most of my win stuff, but for place betting I was missing out on too much juice & often getting matched at less than the TAB's.

Theres plenty of value to be had in most place markets however, just a bit of work required to obtain it.
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  #3  
Old 18th April 2012, 01:28 PM
Shaun Shaun is offline
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The only thing i want to comment on is you need to run win and place betting as separate systems.

Never combine them even with a 1 x 5 bets, if your win bets perform well enough then just put all your money in to that market.

If you are the type of person that likes regular returns and the place selections perform well then go for that.

Or if they both show profit then do them both but do them separately.

You don't see people having a 5 x 1 with win bets and quinellas they always have 2 banks for them because on win bets you might back at 3% of the bank and with exotics might be 1%
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Old 18th April 2012, 02:03 PM
mattio mattio is offline
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I agree with what has been said, place prices are often undervalued on the very good bets and having separate banks is definitely the way to go. Personally I prefer win betting but a strong place betting system often allows more opportunity for loss recovery staking if a) the strike rate is high enough and b) there is a level stakes profit to begin with.
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  #5  
Old 18th April 2012, 10:27 PM
Bhagwan Bhagwan is offline
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Generally, with place betting , it can be very good if targeting the 1.80+ price range.

The SR does not have to be as consistent as the shorter payers due to the stronger divideds

Using accumulator staking plans is another option for additional leverage.
Say over 3 bets.

Or the 1 3 2 staking approach.
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Old 19th April 2012, 08:21 AM
bernie bernie is offline
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Sorry Bhagwan, I totally disagree. A good selection process with a high strike rate is far more important than price. From my experience it takes a lot of luck to pull in regular place dividends above $1.80.



The staking plan I gave in the other thread will work great with dividends up to $1.50 if you have a high strike rate.
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  #7  
Old 19th April 2012, 08:23 AM
Bhagwan Bhagwan is offline
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Another Place staking approach is...
10
15
20

After each place getter gets up.

Start again at the beginning if we gets bit.

If say they were 1.50 each
Profit
5.00
7.50
10.00
Total +22.50 Profit

If say 3rd bet falls over , we only lose -7.50 in total , due to the previous successes.
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