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  #61  
Old 14th March 2003, 11:30 PM
partypooper partypooper is offline
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Location: Western Australia
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I am humbled by the knowledge of you blokes, but have I got it right that if like most us you are a loser, then all you need do is LAY the horses we "would" have backed and we're IN????
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  #62  
Old 15th March 2003, 07:50 AM
shy shy is offline
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Partypooper.... if only it were that simple :smile: If you can lay them for very close to the price you would have paid for a win you more than likely would be ahead. The problem is the price you pay to lay. For example paying just .30 more for a short priced fav will kill any profit over the long run.
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  #63  
Old 15th March 2003, 10:15 AM
becareful becareful is offline
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Partypooper,

As Shy has indicated the price on Betfair is usually over the TAB/Bookie price so simply laying what you used to back will generally not work to well (of course it depends on how much of a loss you are making to start with - if you are loosing 30% on turnover then you probably could make a decent profit simply laying your selections). I have been working on a system for laying and here are the selections for today.

The rules are simple - if the horse is over $4 on Supertab (but less than say $12 - don't want the risk to be too high) then lay it on Betfair provided the price is not too much higher than the TAB price (10-20% should be OK). If it is under $4 on TAB AND the price on Betfair is higher than TAB then back the selection instead. I have given 2 selections for each race - only use the 2nd one if first selection is scratched.

SR1 1,5
SR3 1,4
MR3 1,3
SR4 5,7
SR5 1,11
MR5 2,6
SR6 6,1
MR6 2,15
SR7 2,3
SR8 2,5
SR9 7,3
MR9 1,2
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  #64  
Old 15th March 2003, 11:23 AM
partypooper partypooper is offline
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Shy & becareful, thanks for that. What has me interested, is a lot of reseach I have done on pre-post favs. i.e. back em all and you lose consistently 10-15% on T/O, the higher the pre-post price the greater the loss on T/O up to 30%.(overall it doesn't seem to matter which publication is used as long as you stick to the same one) You see where I'm heading here?
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