I’m going to add another trick to my bag (of tricks) that I am trying out on the horse racing systems forum.

I’m going to be using my betting bot to lay the third fav on the Aussie Greyhounds in the evening and night up to a price of $7.4 on BF. I will be using a 20% loss recovery which means I will try and recover any loses over 5 bets at one loss at a time.

For recording purposes I will be laying $0.60 per bet with a stop loss set at $9. I was not going to have a profit stop but after late losses over the last 2 nights I will have a profit stop at $9. This represents 9% profit/stop losses for a $100 bank.

In reality I will be betting and aiming for half of this due to my unfortunate bank balance. So $0.30 bets with a $4.50 profit stop and stop loss for me.

I’ll keep this thread going (if it lasts) and also try and update it as much as possible and, of course, cross my fingers and hope for the best.

If any one is interested, for the above 60c bets, the total over the last 7 days is 6 winning days and one losing day with the bot total on $43.80 and BF total on $38.04 although I did not have profit stops in place just to see what would happen (until some big losses in the last couple of days ).

I also think it has been on a hot streak which will soon stop once I start recording on here. Still, 7 days is a good trial I would of thought…lol.

What you are assuming with this Rule , is that for some reason, the 3rd Favourite is overbet at Greyhounds.
And that it is in fact Overbet to the extent, that the 15% Takeout still ain't enough to overcome this massive betting splurge.

Unless you can come up with some sort of reason why the 3rd Favourite is overbet , you are doomed to lose.

And just another point, the 3rd Favourite will probably vary minute by minute due to the small size of the Pools.

I figure you either lack understanding of the basic principles of Gambling, or have not thought this through.

Or you simply enjoy gambling so much, that losing isn't an issue.
A bit like those Poker Machine addicts.

Please don't take this as a personal attack.
Much of the above applies to me.

Hi moeee,

I'm not assuming anything. I'm just trying to find a mechanical system(s) whereby I, or anyone else, don't need to know anything about greyhounds, horses, form, ratings, etc, but can still make a tidy sum each week, month, year, etc.

Don't get me wrong. I'm not sure if I will ever succeed but I'm willing to give it a go to see what comes of it. If I start losing too much I will definitely give up on it and try something different.

The 3rd fav lay system that I am trying has come about only because recently I've seen a number of them lose in a row which means that a laying plan with (hopefully) a sensible recovery plan can possibly make me some money.

I realize the odds are all over the place because of the smaller pools but my bot is set to bet 10 seconds before the scheduled start time. So whatever is 3rd fav then and there is my pick. Unfortunately one of the race meetings last night was way behind schedule and my bot placed the bet too early on what became the short priced fav when the race actually started. Of course it won

So, no rhyme or reason, just an observation that may be so far off the mark that the test will soon stop. I hope not though.

Here's what you are doing.

You are sticking your hand into a deep hole.
If you burn your fingers, then you know it was too hot in that hole.

Might be better if you learn a little more about what is lurking in that hole.
Too much of what you are doing seems to rely on hope rather than any skills or wisdom.

But you seem to be enjoying yourself so I'll leave you to it.

T O,
I don't know how BF works on the dog races but on the TAB you can place a bet way past starting time.
If you have the time, just watch it for a while and you get the hang of what the last possible time is to place a bet.

Dogs are my favs to bet for win, no jocks to ruin the run, easy to rate,
but have to be prepared to take short odds sometimes.

Cheers

Thanks guys. The bot is set to bet 10 seconds before the start time and I will leave it at that time for now and hopefully won't get my fingers burnt.

Update Day 1

Aussie Dogs Laying 3rd Favourite System

A bit up and down today for the first recorded day with the total not reaching either stop.

The bets (below) are starting out with 30c lay bets but, as I've already said, I am recording this for 60c bets plus recovery and $9 stops (9% of a $100 bank). So I am doubling these amounts.

Full Market Name Selection Amount Price Profit And Loss
AUS / Casi (AUS) 8th Apr / 14:48 R10 411m Heat 5. Beau We Know 0.3 6.8 0.3
AUS / Gard (AUS) 8th Apr / 15:54 R1 400m Mdn 9. Slick Exit 0.3 6.8 0.3
AUS / Gard (AUS) 8th Apr / 16:34 R3 515m Final 4. Rocket Point 0.3 5.6 0.3
AUS / APrk (AUS) 8th Apr / 17:18 R6 395m Gr3/4 6. Lords Prayer 0.3 6 0.3
AUS / Trar (AUS) 8th Apr / 17:22 R6 513m Gr5 8. Jacs Mate Jill 0.3 6 0.3
AUS / APrk (AUS) 8th Apr / 17:41 R7 520m Gr4/5 4. Thats Emma Lee 0.3 5.9 -1.47
AUS / Gard (AUS) 8th Apr / 18:10 R8 515m Gr4/5 6. Reddy To Whine 0.6 6 0.6
AUS / WPrk (AUS) 8th Apr / 19:38 R3 520m Gr5 8. Wally Slater 0.6 5.9 0.6
AUS / WPrk (AUS) 8th Apr / 20:00 R4 520m Gr4/5 5. Lance 0.6 5.33 0.6
AUS / WPrk (AUS) 8th Apr / 20:39 R6 520m FFA 2. New Divide 0.6 4.7 0.6
AUS / Ball (AUS) 8th Apr / 21:10 R7 390m Gr4/5 7. Bundy Bale 0.58 4.9 -2.26
AUS / WPrk (AUS) 8th Apr / 21:39 R9 520m Gr5 7. Mandagery Miss 0.63 6.4 0.63
AUS / Ball (AUS) 8th Apr / 22:47 R12 390m Gr5 8. Sheriff 0.7 5.8 0.7
AUS / Mand (AUS) 8th Apr / 23:07 R8 405m Gr3 2. Pure Macs 0.8 4.8 0.8

Today
Level (60c) Stakes +$1.92 (less commission)
Bot +$4.60
Betfair +$3.94

Start Bank $100
Level (60c) Stakes Running Total +$101.92 (less commission)
Bot Running Total +$104.60
Betfair Running Total +$103.94

14 Bets
12 Winners
85.7% S/R
28.1% POT

I think what you are doing is great Ocho and while ever you are trying things with 30c bets you really can't get into too much trouble so keep up the good work.

Thanks for that Mattio. Unfortunately not so good last night though

Update Day 2

Aussie Dogs Laying 3rd Favourite System

Terrible night last night. We'll see how we go for the next few nights.

The bets (below) are starting out with 30c lay bets but I am recording this for 60c bets plus recovery and $9 stops (9% of a $100 bank). So I am doubling these amounts.

Full Market Name Selection Amount Price Loss Recovery Amount Profit And Loss
AUS / WPrk (AUS) 9th Apr / 20:30 R4 520m Heat 1. Red Rocket 0.3 6 0 0.3
AUS / Mead (AUS) 9th Apr / 20:37 R5 525m Gr5 2. Bolero Bale 0.3 5 0 0.3
AUS / Cann (AUS) 9th Apr / 21:05 R1 530m Gr3/4 2. Oliver Allen 0.3 7 0 -1.8
AUS / WPrk (AUS) 9th Apr / 21:14 R6 520m Heat 6. Dyna Tron 0.61 5.7 0.31 0.61
AUS / WPrk (AUS) 9th Apr / 21:35 R7 520m Heat 8. Red Flame 0.58 5.9 0.28 0.58
AUS / Mead (AUS) 9th Apr / 21:42 R8 525m FFA 5. Don Chendo 0.67 4.9 0.37 -2.61
AUS / Cann (AUS) 9th Apr / 22:12 R4 530m FFA 1. Oxley Spirit 0.57 6.2 0.27 0.57
AUS / WPrk (AUS) 9th Apr / 22:20 R9 520m Heat 2. Monster Jack 0.6 5.8 0.3 -2.88

Last Night
Level (60c) Stakes -$2.91 (less commission)
Bot -$9.86
Betfair -$10.12

Start Bank $100
Level (60c) Stakes Running Total $99.01 (less commission)
Bot Running Total $94.74
Betfair Running Total $93.82

Totals
22 Bets
17 Winners
77.2% S/R
28% LOT

Have you looked at price filters or back/lay ratio like Bhagwan has suggested in his systems?

I haven't looked at a back/lay ratio but I have a price filter of $7.40. I haven't analysed the prices yet but may do so if I continue.

Update Day 3

Aussie Dogs Laying 3rd Favourite System

Not looking very good I'm afraid and I may not continue this. Only 3 dogs were matched today/tonight for 2 winning lays and 1 losing lay.

I must add though that in the 10 days of total testing including the 7 of simulated bets the system IS up +29.52 for 60c lay bets (with commission deducted too). It just really gives me the ********s when everything goes hunky dory when testing but as soon as the money goes on the ********ing thing blows up in my face FFS.

What I'm looking for is a mechanical system on the greyhounds that just works but I don't think that animal exists (nor for horse racing either).

The other problem with the Aus dogs is that Betfair doesn't have that much volume. Ideally, if I could find something that works, I would like to upscale it but the volume isn't really there. Maybe on the first fav but not on the rest of the dogs.

Tonight
Level (60c) Stakes -$2.28 (less commission)
Bot -$2.28
Betfair -$2.34

Start Bank $100
Level (60c) Stakes Running Total $96.73 (less commission)
Bot Running Total $92.46
Betfair Running Total $91.48

Totals
25 Bets
19 Winners
76% S/R
34% LOT