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  #1  
Old 29th January 2010, 09:04 AM
michaelg michaelg is offline
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Default Lay Anomaly

It would be expected Don Scott's market and Unitab ratings to be somewhat accurate. However the Bet results over the past four days when combined is somewhat disappointing. So I've looked at a Lay method. The Lay selection must be the:

1) Top outright selection with Don Scott's market of a max price of $2.90.
2) And must also be the top outright Unitab ranking.

I have looked at only those selections that have started on Unitab with a max price of $6.90.

Over the past four days there have been 57 selections for 12 accidents (4 were odds-on). I added 25% to Unitab's liability prices. For example, if the accident paid $3.00 on Unitab I deducted the stake of $1 so that the liability was $2. Adding my 25% to this, the liability I used for testing purposes was therefore $2.50.

There were 45 successes, and with Betfair's 5% take-out the retrurn was $42.75 and the total liability using my calculations was $26.50. This gives an overall profit of $16.25. Incidentally, there were 9 selections that started higher than $6.80 on Unitab - they were all beaten.

If anyone's interested today's selections are:

Armidale R1 no.7 - Hypnotize
Armidale R5 no.4 - Studio Star
Armidale R8 no.3 - Laser Light
Goulburn R2 no.11 - Hagiadzo
Mornington R2 no.6 - Marmillion
Te Aroha R4 no.6 - Our Sweetheart
Te Aroha R5 no.4 - Golden Gate
Te Aroha R6 no.10 - Posavina
Te Aroha R7 no.1 - Tampiko.
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  #2  
Old 29th January 2010, 10:35 AM
michaelg michaelg is offline
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Default

Forgot to include:

Rocky R2 no.2 - Imaam.
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  #3  
Old 29th January 2010, 02:40 PM
thorns thorns is offline
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Thumbs up

Cheers for sharing another promising idea!
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  #4  
Old 29th January 2010, 06:24 PM
michaelg michaelg is offline
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Wink

Hi, Thorns, it was a winning day.

From the 10 selections one was over $6.80 ($7.60 on Unitab), 2 accidents of $2.10 and $1.80 but 7 successes. By my reckoning it would have produced a profit of 3.27 units from the 9 bets.

Unfortunately I didn't have a bet because I felt somewhat uneasy - logic suggests it should be a Bet and not a Lay system. Time will tell...
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  #5  
Old 30th January 2010, 11:42 AM
michaelg michaelg is offline
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Wink

Today's selections are:

Trentham R4 no.7 (already run - was beaten)

Benalla R1 no.3 (already run - won $1.70)
R4 no.12
R5 no.11
R6 no.11*

Dombeen R8 no.3

Flemington R2 no.7
R3 no.3*
R6 no.4

Gold Coast R1 no.13
R3 no.3
R4 no.11
R5 no.2
R7 no.5

Hobart R2 no.6
R3 no.1
R4 no.5*

Kembla R3 no.2*

Morphetville R4 no.2

Randwick R1 no.1

Toowoomba R2 no.1
R4 no.1
R6 no.4

Ascot R2 no.11
R4 no.10
R5 no.7*

* these five selections have 4 to 6 placed points in their last two runs. I have been looking at them for about a week and they are slightly in profit with Win betting. However there have been too few selections to currently worry about them.

Last edited by michaelg : 30th January 2010 at 11:44 AM.
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  #6  
Old 30th January 2010, 07:51 PM
michaelg michaelg is offline
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Not a too bad day in spite of a $6.80 accident.

There were 27 selections. Two didn't qualify because they started higher than my cutoff Unitab price of $6.90 - they were both beaten.

There were 7 accidents for a total liability of 13.50 units. I used 125% of their Unitab liability.

There were 18 successes for a return of 17.10 units giving an overall profit of 3.6 units.

Again, I didn't have a bet. When I do it'll probably crash.

Last edited by michaelg : 30th January 2010 at 08:00 PM.
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  #7  
Old 31st January 2010, 10:26 AM
michaelg michaelg is offline
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From today I'll only list the selections that are odds-on in Don Scott's market, this should reduce the liability. Yesterday there were 14 selections for 5 accidents which is not a good strike rate for laying, but the total liability was only $4.55. The worst accident paid $2.00 on Unitab. We'll see how it goes.

Today's selections:
Cranbourne R2 no.7
R3 no.6

Grafton R8 no.3

Hobart R4 no.9
R5 no.13

Kyneton R1 no.8

Pinjarra R6 no.2
R8 no.2

Pt Lincoln R2 no.1
R7 no.10
R8 no.4
Sun Coast R1 no.8

Last edited by michaelg : 31st January 2010 at 10:33 AM.
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  #8  
Old 31st January 2010, 07:21 PM
michaelg michaelg is offline
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Today three selections started at more than $6.90 on Unitab which is surprising because they are odds-on in Don Scott's market and are also the top rater on Unitab - all three were beaten.

Of the remaining 9 selections there were 3 accidents for a total liability of 3.75 units, and the six successes provided 5.70 units resulting in a profit of 1.95 units.

Last edited by michaelg : 31st January 2010 at 07:24 PM.
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  #9  
Old 31st January 2010, 08:10 PM
Bhagwan Bhagwan is offline
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Default

Well done Michael

And thanks for sharing those findings.
__________________
Cheers.
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  #10  
Old 1st February 2010, 10:18 AM
michaelg michaelg is offline
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Yes, its not doing too badly at the moment.

However, my concern is that the prices I'm using for the accidents (25% on top of the Unitab liability) is unrealistic. For example, if the winner pays $3.00 on Unitab then I'm assuming a Betfair lay price of $3.80. If/when I start laying on Betfair only then will I know.

Two selections today:

Stawell R4 no.12 - Uma Love
Stawell R8 no.6 - Nevajoe.
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