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#21
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In future i will list new runners as i find them but will not add them to the stable list until after the days races to avoid confusion.
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Last edited by Shaun : 19th April 2011 at 07:10 AM. |
#22
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Still not too bad so far:
According to TAB: Code:
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#23
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You have to think of this long term like stocks or buying a racehorse with out the purchase cost and other fees.
When we add a runner to the stable it is like buying the stock, we don't have a result until one of three things happen. 1) Runner wins paying more than $3 this would result in a profit. 2) Runner wins returns less than what is need for a profit. 3) Runner has 7 starts since being added to stable or is sent for a spell resulting in a loss. Overall we need to be in front but i will not calculate this on a daily basis but more looking at the number of open trades compared to the number of winning and losing trades. This is why i would not like to see say 80 open trades and maybe 15 winning and 5 losing trades as this would put a big strain on the overall bank. Right now each new runner added to the stable needs 19 units of the bank allocated to it so right now i have room for about 50 open trades, i don't think i will need the full units allocated for each runner but this is the way i have it set up right now. |
#24
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Figures i have right now.
outlay 11 Units Return 21.02 Units Profit 10.02 Units POT 91.09% |
#25
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#26
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Last edited by Shaun : 22nd April 2011 at 01:55 PM. |
#27
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Hi Shaun You listed this selection as one of your stable bets, I can't see when or where it was added to your stable list. Thanks, 217 |
#28
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I will explain my process, i look the night before or on the day at the races, if a runner meets the criteria i have set i will list it as i have done, if it is scratched then it won't get added to the stable until i see it racing again.
If it does run and wins then this is a winning bet and only gets added to my results not the stable, if it losses then we add to stable as one to follow for it's next 6 starts or until it wins then it is dropped from the stable. If any one wants to follow these you can just follow the horses i list that are due to race next as i include the needed stake to make a profit if the runner pays around $3 in any of it's next 7 starts. I will start to list the whole stable each Sunday night so you can see exactly who i am following. |
#29
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Thanks Shaun for the explanation.
Listing the whole stable will be great, that way any who are following the selections can add the loosers to it as they happen and remove any that are winners and check it against you list. 217 |
#30
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Well all i have to say is we missed a collect on RUE MAPLE that was going to win from a long way out until the monkey on the other horse lost control and smashed ours.
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