Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > Horse Race Betting Systems
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 14th June 2002, 07:42 PM
Guest
 
Posts: n/a
Default

Sometimes, I don't know whether to back a horse for a win, place or each way.

I don't like E/W, cause if it runs no where you lose double, unless you halve the win/place amounts which I don't like doing. If you go win and it places you're not happy, if you go place and it wins, you're not happy.

Somedays I will place all win bets and take the good with the bad, knowing that all I need is a couple of wins for a good day. Other days, I place a mix of win and place bets.

Other than by looking at the size of the win and place dividends, I was thinking that there must be another way of deciding what bet to make.

Given that a lot of winners finished in the first 2 last start - I was thinking that if any of your selections ran 1st or 2nd last start - bet for a win, otherwise bet for a place. Ignore the size of the place div, unless its less than $1.60.

Thoughts & Ideas welcome ?????????

[ This Message was edited by: chief on 2002-06-14 20:43 ]
Reply With Quote
  #2  
Old 14th June 2002, 08:33 PM
Placegetter Placegetter is offline
Banned
 
Join Date: Jan 1970
Posts: 191
Default

chief, there are a lot of place bettors in this forum, me being one of them, but one theory I did like recently (Privateer??) was to bet 1 unit win/3 or 4 units place. It's more for a place bettor delving into win betting rather than the other way around, but you need a fairly solid strike rate to be a place bettor in the long term so don't dismiss win betting straight away.

Good luck.
Reply With Quote
  #3  
Old 15th June 2002, 01:00 AM
Equine Investor Equine Investor is offline
Member
 
Join Date: Jan 1970
Location: Melbourne
Posts: 740
Default

All codes of betting have their merits, however, my advice would be to stick to one type and stay with it. When you chop and change often, rarely do you win.

The other way you could do it is win only up to say 10/1 and each way above 10/1, that way if your longshot just misses at least you get a valuable place dividend which should fully recoup your win loss.
Reply With Quote
  #4  
Old 15th June 2002, 07:44 AM
Bhagwan Bhagwan is offline
Member
 
Join Date: Jan 1970
Posts: 2,428
Default

The concept sounds fine , but the only way to find out if the idea has any legs would be to research it over 150 races, then go from there.

I would be inclined to have a min. price that you will accept before placing a bet for a win , if it falls below that price E.G. $3.30 or $4.50 win ,you could then hit it for a place only or no bet for that race.


__________________
Cheers.
Reply With Quote
  #5  
Old 15th June 2002, 10:06 AM
Guest
 
Posts: n/a
Default

One way would be to base it on "unders" and "overs".

Bookies give you 1/4 of the win odds for a place - ie 4/1 win = 1/1 place or $2.

Whereas on the TAB, place divs can be way unders. Sometimes, however they represent good value.

Examples
place overs
$9 win; $3.30 place ($3 with bookies)
$21 win; $7 place ($6 with bookies)

Assuming the win dividends represent fair value, if place dividend is above "fair value" then bet for a place - otherwise win bet.




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 10:30 PM.


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