What about backing them 1x3 or 1x4 (1unit Win 3 units place etc)?

"Over the past seven days there have been 28 selections for eleven winners for a POT of 30%, and 18 placegetters for a LOT of 1%".

Why compound the loss by having 3 or 4 times as much on the place?

Hi, Stix and Mark. I suppose it's a matter of personal preference - I like the higher strike rate with place betting. As racing is often not consistent it's possible that place betting might prove to be superior, or at least also show a profit. And as there has only been one week's betting, who knows...? I've begun 1 X 3 - hopefully both win and place will be profitable.

From yesterday's two selections there was one winner of $1.80, and both placed for a return of $2.40.

Three selections today.
Taree R9 no.4 - Anitalyn
Rocky R1 no.3 - Equitant
Rocky R5 no.9 - Built Like Clint.

Not a good result yesterday. Three selections for one winner of $3.20 and one place of $1.30.

I have slightly changed the selection criteria. It would have eliminated: yesterday's two losers; unchanged on Monday; on Sunday the winner of $3.20 and the three losers also would have gone, and on Saturday the only loser. So from today I'll list the selections from the new sysytem, and hope...

Sandown R1 no.3 - Classic Benbarra.
Belmont R1 no.1 - Interange
Belmont R4 no.3 - Noble Pak
Belmont R5 no.3 - Mexican Mist
Belmont R6 no.3 - Cupiditias.

Not a bad result today MG...good work mate...

__________________
Why waste money on education when you can gamble it away on the horses? Its more fun when youre doing it and you learn quickly...esp when you lose...

Yes, well done, Michael.

Yes, it was a good result yesterday. From the five selections there were three winners paying a total of $9.60, and all five selections placed paying $7.90. Hopefuly it'll continue.

Three selections today.
Wyong R4 no.2 - Philatelist
Townsville R4 no.5 - Bonds Girl.
Northam R2 no.8 - Classy Business.

Great work again mate. Three out of three.

Using a staking plan, win only to back them, would have resulted in a three unit loss today.If you are confident in the selection process then u can outlay more backing them place only

Hi, Kiwi. Unfortunately it was only two out of three - Philatelist was unplaced. I don't know what happened with it, I did not listen to the race.

From yesterday's three selections, one of them won paying $4.00, and the total place was $3.30.

Two selections today.
Scone R2 no.1 - Rostrum
Scone R6 no.15 - Kandinski. (I don't understand how this can be a selection, but...)

If it helps Kandinski was a poor selection jockey wise.Check the Virtual Form Guide he has an overall windx showing:

01/08/05 to 10/08/05 17 1 0 1 5.9 11.8 10.6
Total 2418 93 129 170 3.8 16.2 36.3
Last 100 100 7 3 6 7.0 16.0 33.2

The 10.6, 36.3, and 33.2 figures indicate a jockey in very poor form.