OZmium Sports Betting and Horse Racing Forums

19th November 2008, 12:34 PM

Jack

Member

Join Date: Dec 2007

Posts: 43

Jack

For field betting have the percentages been taken into consideration ? What if in the selections you back at $4.00 = 25% and at $4.60 = 22% you have just outlayed 47 units for a return of 100 units meaning 53 units profit (if it wins) which if it were 50 units profit would mean that you would be taking even money ??? Do you agree or disagree ?? With favourites and others outside your selections winning you may possibly experience a run of outs where the staking/target any loss staking method would escalate rather quickly because your combination of bets effectively means that you are taking even money. Can some one prove that I am in error ?

19th November 2008, 12:41 PM

thorns

Member

Join Date: Aug 2007

Posts: 441

Quote:

Originally Posted by michaelg

About a week and a half ago I decided to Field Bet with a max of 11 runners using my friend's loss-chasing staking plan but after a few days I changed my mind and began to lay. Now going through the results since then, Field Betting would be showing a very good profit, not just with Betfair but surprisingly even with the NSW and Qld TABs.

So from today I'll recommence the method and see what happens.

What is the loss chasing plan? Or are you keeping tha quiet for the mean time?

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