Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > General Topics
User Name
Password
Register FAQ Search Today's Posts Mark all topics as read

To advertise on these
forums, e-mail us.

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 9th March 2004, 05:00 PM
good 4th good 4th is offline
Member
 
Join Date: Jan 1970
Posts: 155
Default

Hi,
does anyone out there know the formula for using two runners for saver bets.
Example;
I have three runners i want to back. I want to put $10 on the first runner with the other two runners to cover the ten dollars and also cover them self's.

Hope that makes sense.

GD4TH


[ This Message was edited by: good 4th on 2004-03-09 18:01 ]
Reply With Quote
  #2  
Old 9th March 2004, 05:27 PM
muggzy muggzy is offline
Member
 
Join Date: Jan 1970
Location: Brisbane
Posts: 5
Default

Hey Gd4th !

I'm just new to this forum and am enjoying being part of it.

Not much of a tippster though...the forum curse you see...haha

Not sure how to explain the formula in words but I have it on a spread-sheet and glad to share it if you would like me to send it to you? It works up to 4 selections in any one race.

bye !

Reply With Quote
  #3  
Old 9th March 2004, 05:37 PM
good 4th good 4th is offline
Member
 
Join Date: Jan 1970
Posts: 155
Default

Cheers Muggzy
Thanks for the reply due to virus I now dont allow unknown emails to my home address, so maybe i should open a hotmail account.
Maybe try an post it here it might work, it's worth a go?

Cheers
GD4TH
Reply With Quote
  #4  
Old 9th March 2004, 05:58 PM
muggzy muggzy is offline
Member
 
Join Date: Jan 1970
Location: Brisbane
Posts: 5
Default

I am not familiar with hotmail. Does that mean that you will post a hotmail address for me to send it to you?

bye !
Reply With Quote
  #5  
Old 9th March 2004, 11:22 PM
Shaun Shaun is offline
Member
 
Join Date: Jan 1970
Location: Western Australia
Posts: 3,456
Default

Just use percentages.
useing you example of $10 with 3 runners at thses prices the first 2 are saver bets
$3.00 = 33.33%
$5.00 = 20%
$7.00

to get there percetanges just divide thier price by 100 example 100/3.00=33.33
to work out your bets put 33.33% of your $10 on your first selection thats about $3.50
20% of your $10 on your second selection thats $2.00
thats leaves $4.50 for your main selection
this will work on more runners as long as the percentages are under 100



Sorry i miss read your post to get the $10 on your main selects useing above prices just double them....it is always easier to work out the saver bets first and then see what you have left over....just remember that the main bet needs to return enought to cover your savers

[ This Message was edited by: Shaun on 2004-03-10 00:26 ]
Reply With Quote
  #6  
Old 10th March 2004, 07:28 AM
good 4th good 4th is offline
Member
 
Join Date: Jan 1970
Posts: 155
Default

Thanks Shaun,
Got you there but still not what im after, thanks anyway.
I only want to use the two remaining selections as savers for the ten dollars.
I have Dutching tools but would like to work it out for myself.

GD4TH
Reply With Quote
  #7  
Old 10th March 2004, 10:21 AM
ginger ginger is offline
Member
 
Join Date: Jan 1970
Location: nsw
Posts: 64
Default

hi
not sure if this is any help
go to the ppd site and you can download a calculator that will let you bet up to five horses per race it's free
cya
Reply With Quote
  #8  
Old 10th March 2004, 02:51 PM
good 4th good 4th is offline
Member
 
Join Date: Jan 1970
Posts: 155
Default

Thanks all
Have worked it out, took a bit of doing my brain hurts.

GDTH
Reply With Quote
  #9  
Old 10th March 2004, 04:49 PM
racefan racefan is offline
Member
 
Join Date: Jan 1970
Location: Melbourne
Posts: 8
Default

Not sure if anyone had given you the answer you needed so here is the formula:

I'll denote capital X the amount you bet on horse X and little x the dividend (not odds) of that horse.

Let A = amount on horse A
Let B & C be the horses you want to save on and b and c their respective dividends.

Then B = (A * c) / ((b*c)-b-c)
And C = (A * b) / ((b*c)-b-c)

Now I'll apply this to a situation where you put $100 on Horse A, Horse B has dividend $10 and Horse C has dividend $6.

Amount on B = (100 * 6) / ((60)-10-6)
= 600 / 44
= $13.64 rounded

Amount on C = (100 * 10) / ((60)-10-6)
= 1000 / 44
= $22.73 rounded

So the total outlay is $136.37 and the return if B wins is $136.40 and if C wins $136.38. The difference between the outlay and return is due to rounding.

I hope this helps.
Reply With Quote
  #10  
Old 10th March 2004, 05:25 PM
good 4th good 4th is offline
Member
 
Join Date: Jan 1970
Posts: 155
Default

Thanks Racefan
I came up with this, Works the same.

A=runner one $10 to win
B=saver odds 3.5
C=saver odds 4.8

B=(C*A)/((B-1)*(C-1)-1)

=48 / 2.5 * 3.8 -1
=48 / 8.5
B= $5.6
So do the same for C saver and that should =$4.1

$10 win on A
$5.6 on B saver
$4.1 on C saver
Return B = $19.6
Return C = $19.6
If either B,C wins they cover each other and also covers A at $9.9
Almost at Ten dollars close enough for me.

GD4TH
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT +10. The time now is 11:10 PM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655