PS, just looked at yesterday's results, an exceptionally good day for the CP second selection.

betting all races all tracks win return $33.20 place $9.90

Place usually is in the red. I still say, when ahead quit, unless you can select the races to bet on.

lomaca, since Sunday I have been testing/betting the CP alogorithym using multiple Win bets. I bet on average half the field in chosen races which I know many people say a profit cannot be made because there are too many selections.

However, since Sunday there have been 22 races for 16 winners which is only a very small sample. Using TAB divvies the POT is currently 8.7%, but I have been betting with Betfair's S.P which is currently producing a POT of 25.9%.

The divvies are so good that I would not be surprised that if after an acceptable period of time and an acceptable number of races the method shows a loss with the TAB but is profitable with Betfair's S.P.

In fact, my calculations with Betfair are not correct. For example, if I back 4 horses in the one race and I strike a $5 winner I now apply Betfair's deduction of 5% to the winner's price of $5.00. This comes to the winner paying $4.75 which I record, and translates to a profit of $0.75. Because I bet Betfair's minimum allowable bet of $5 this comes to a profit on the race of $3.95

However, the correct way to calculate the result is to multiply the $5 winner by 5 then deduct that bet's outlay of $5 which comes to $20, and then deduct the losing 3 bets totalling $15 which comes to a profit of $5. Betfair now deducts their 5% fee on the race's profit of $5 resulting in an overall profit of $4.75 as opposed to my recorded profit of $3.95.

I hope I haven't confused anyone with this, but my quoted $25.9% POT is in reality even higher. I use this incorrect method of calculating the profit because its more convenient.

Typical ain't it?
I don't bet them just observe them, mention it on the forum and the bottom falls out!

But believe me they DO work even on last Sunday they were only down by -$1.90 betting all races, and a day like yesterday would atone for a lot of sins!
Find an angle for yourselves to reduce the number of bets and you are laughing.

Good luck.

Hi All
Carry them into NZ R6 $21.40 WA TAB puts it in front 10% POT even if you bet all the equal seconds and both when equal CP
Regards Beton

Stix I can help.

I have the neurals just using default settings (3 for everything but wet) for a while going back.

If you want help just let me know where I can contact you (email).

Good man beton,
I only follow OZ races but have fun bets on NZ races when certain jocks riding horses I follow.

Good luck

You are right in some of your tracks. I have run a quick test over tracks using a cut off of $15 for the top neural rater. $15 lay odds on betfair that is.

The following tracks had potential. The ones to the bottom are the better ones as far as laying (ie Albury is the best):

Flemington

Kembla Grange

Sunshine Coast Cushion Track

York

Nowra

Kalgoorlie

Cairns

Port Lincoln

Betfair Park Sandown Lakeside

Port Augusta

Penola

Kilmore

Geraldton

Albury

You will notice no Geelong Synthetic. Although Geelong Synthetic made a profit the likelyhood overall of a loss was higher as the odds on the nural top raters are just too high when at Geelong Synthetic. Same with the Gold Coast.

Thanks Wesmip1
stix _ hotcopper @ aanet dot com dot au

__________________
Stix
.......Giddy Up..... !!

Sent you an email Stix and included a little extra system for you.

Got it, many thanks, replied with an email response with a outline of what I've been working on.

__________________
Stix
.......Giddy Up..... !!