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  #1  
Old 25th April 2012, 08:40 PM
UselessBettor UselessBettor is offline
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Posts: 1,561
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Quote:
Originally Posted by mattio
UB the total odds of all those was 264.60 (NSWTAB) so is the formula (1/264.60)*117% to account for the TAB takeout?

Mattio,

You should do it for each fav. ie 1/$2 + 1/$3 = 0.83333

But from your figures I assume is over 70 races so we can assume odds of 264.6/70 = $3.78 per fav. This means there were 1/3.78 * 70 = 18.52 winners.

If these are tab prices I would be very careful about laying them as betfair prices are not always X% higher. Sometimes they are lower, mostly higher, and sometimes the favs are different.

If they are tab prices then its likely the number of winners should be 1.15% higher which would be 21.3 winners from the 70 races.

Again its based on the assumption this is 70 races for the figures you gave me.

Also my maths may be wrong so always double check it.
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Old 25th April 2012, 01:15 PM
1annandale1 1annandale1 is offline
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Posts: 27
Default Actual figures

Not sure this helps Mattio

These are some actual figures from a laying system i have been doing.
All were favorites on betfairat sometime in betting

From 20/3/2010 to 20/4/2011

Bets 2013

Accidents 510

Av price 3.7

Laying to liability of $2000

More than 90 % were actually Layed

The balance were all documented(They werent layed because of phone or internet problems)
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  #3  
Old 25th April 2012, 01:22 PM
Shaun Shaun is offline
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Join Date: Jan 1970
Location: Western Australia
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Quote:
Originally Posted by 1annandale1
Not sure this helps Mattio

These are some actual figures from a laying system i have been doing.
All were favorites on betfairat sometime in betting

From 20/3/2010 to 20/4/2011

Bets 2013

Accidents 510

Av price 3.7

Laying to liability of $2000

More than 90 % were actually Layed

The balance were all documented(They werent layed because of phone or internet problems)


75%sr is not very good in laying.
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