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  #11  
Old 13th October 2011, 01:23 PM
michaelg michaelg is offline
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Bhagwan, yes, yesterday was impressive, but its much too early to tell. Especially D.S.'s market can often be quite puzzling.

Today's first qualifying race (Wyong R1) has now been run. I made a profit of $17.07 using the method. He rated the $4.50 (TAB divvy) winner at $2.50.

Hoping it continues.
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  #12  
Old 14th October 2011, 08:24 AM
michaelg michaelg is offline
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Yesterday the method produced a profit of $84.29. After two days the profit is $146.62.

I'll now end this thread. The rules have been listed so if anyone likes this form of laying they can continue, or even apply their own variations.

If the success continues I might give updates.
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  #13  
Old 14th October 2011, 11:51 AM
The Ocho The Ocho is offline
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That looks very promising michaelg, well done!

When you say "Lay them on S.P. providing they are under D.Scott's prices" do you mean above the DS price?. You gave an example where the TAB DIV was $4.50 and the DS price was $2.50. Wouldn't that not be a selection?

Also your laying at SP so that is the minimum liability of $30?
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  #14  
Old 14th October 2011, 12:35 PM
michaelg michaelg is offline
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The Ocho,

No, I'm laying them only if they are below D.S's price.

In the example we quoted where the TAB price was $4.50 and D.S's was $2.50 - it was not a lay bet. It would only have been if its S.P price was $2.50 or less. I won the $17.07 on No.2 because D.S's price was $4.40 yet its S.P price was $2.66 which is lower than D.S's price of $4.40 - fortunately it lost the race. I only mentioned the winner out of interest because it was an overlay with betting.

Looking at both days' results, there would have been a huge loss if the overlays were bet, but the opposite is true for laying the underlays which I did.

Yes, I have been laying them for the minimum of $30 on S.P.
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  #15  
Old 14th October 2011, 12:46 PM
michaelg michaelg is offline
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I should've realised that not everyone here is familiar with Laying, and mentioning what I did about the winner would be confusing.

Apologies - hope it is somewhat clearer now.
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  #16  
Old 15th October 2011, 08:17 AM
Bhagwan Bhagwan is offline
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Well done again Michael,
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Cheers.
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  #17  
Old 15th October 2011, 08:44 AM
michaelg michaelg is offline
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Bhagwan, it still looks promising. Yesterday was another good day - a profit of $63.22.
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