Sahasastar,

Take the profit.

Divide it by the MAXIMUM win dividend.

The higher the number, the more likely to succeed.

16 races is unfortunately a drop in the ocean, you need close to 1,000 to get any clear indication.

If the profit is made up from 1 or 2 winners (based on the above calculation), then relax and take it carefully, it is not likely to succeed.

Here is an example of what I would call likely to succeed.

Selections: 586
Winners: 289
Strike Rate: 49.32%
Profit: $60.60
POT: 10.34%
Average Dividend: $2.24
Maximum Dividend $2.90

20 runners make up the profit based on the maximum win dividend.

The chances of 20 occurrences being a coincidence are very small indeed, over 586 bets.

__________________
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Now with over 399,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 31/03/2024
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Hi Chrome,

Can we have the system for that example please? 8-)

"Can we have the system for that example please?"

You have a great sense of humour Sir Crash. Seriously though, this does highlight another aspect of systems which many people fail to grasp.

Because a system is just that (mechanical) without the input of judgement by the likes of Sir Crash, it means any idiot (even me) can apply it to make money. Herein lies the rub. If anyone can use a system to their advantage, then it must follow that as soon as this system is known to anyone other than the author the system will become useless.

Ergo: you must write your own systems until you find that 'HOLY GRAIL' and when you do, tell NOBODY!!!!!!!!

__________________
"Not winning on a horse that came first is one thing.....Losing on a horse that didn't come first is something else entirely!!!"

I think you could stick a successful system on the footpath outside Randwick races and it wouldn't make a jot of difference to it's profitability. To prove my point ( and TwoBETS please prove yours) Dr Ziemba et al demonstrated way back in 1984 that the place divvies on short priced favourites were inefficient. That is, backing shorties for the place could generate profits. Such inefficiencies in the place market across the three TABs still prevail today.

I believe you have access to PPPro TWOBETS. Enter Sat metro ABSM for SP 2.0 or less and tell me you couldn't extract profit for the PLACE using best of three TABS. And remember, this system was published for public consumption over twenty years ago.

Back to you Chrome Prince. Please post the rules for forum examination otherwise I can not see the point of your post saving "bragging rights". Same with you Pooper, give as a look at your place system because we've had a gutful of the Plum Mover Muck.

Hi Crash,

Of course you can....

http://forums.ozmium.com.au/showthread.php?t=10642

It's one of four FREE systems you get with the program.

__________________
RaceCensus - powerful system testing software.
Now with over 399,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 31/03/2024
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg

Then you missed the point.

__________________
RaceCensus - powerful system testing software.
Now with over 399,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 31/03/2024
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg

You see, I'm just a wide eyed innocent fool. Well... you're not in the vendor game Pooper so I'll pin what remains of my Forum faith in you. Don't waste the opportunity - we all believe in your good heart.

My database is an authorised advertiser on this forum with consent and mutual agreement with management.

It seems you paid for another progam, so why not go to that forum and attack that vendor?

The whole point of the original post was to help saharastar with calculating winning strategies.

After that, I got asked a question and answered it within forum guidelines.

End of story.



7% loss on turnover using best of three TABs.

__________________
RaceCensus - powerful system testing software.
Now with over 399,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 31/03/2024
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg

DR. (P.I.T.A.) Pangloss

Same with you Pooper, give as a look at your place system because we've had a gutful of the Plum Mover Muck.

how many of you are there? (We've)

Dr Pangloss - what exactly do you add to this forum?