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 9th May 2008, 02:24 PM
Shaun Shaun is offline
Member
 
Join Date: Jan 1970
Location: Western Australia
Posts: 3,403
Default Help with trigger betting

Has anyone used an excel trigger program to automate their betting.

I download a trial program that can use excel to place back and lay bets but i don't understand the setup of the spreadsheet.

If i had a few examples of how to do it i am sure i could work it out for my own use.
Reply With Quote
  #2  
Old 9th May 2008, 09:37 PM
Wunfluova Wunfluova is offline
Member
 
Join Date: Jun 2005
Posts: 84
Default

Shaun, there are a number of programs that are capable of Excel betting - it would help if we know which program you are talking about and maybe some idea of what you are trying to do.
Reply With Quote
  #3  
Old 9th May 2008, 09:45 PM
Shaun Shaun is offline
Member
 
Join Date: Jan 1970
Location: Western Australia
Posts: 3,403
Default

Betting Assistant, i have seen a couple of youtube vieos of how to use the trigger part but an example in excel would be good.

I am trying to lay horses in the place market and none of the programs i have found will dutch lay runners in the place market.

I plan on setting up an excel program to do this.
Reply With Quote
  #4  
Old 9th May 2008, 10:15 PM
Wunfluova Wunfluova is offline
Member
 
Join Date: Jun 2005
Posts: 84
Default

The reason they don't do dutch on place betting is because of the complexity of the maths involved - how could you possibly work out the staking to accomodate all possible scenarios?

Will need someone more mathematically gifted than myself to give you a leg up - or even to advise over which odds ranges it is even possible.

In the first instance I would spend some time searching the Gruss forum, there is a lot of information and code examples available.

I can't help you with the dutching bit but should be able to help with specific questions re basic use of the spreadsheet.
Reply With Quote
  #5  
Old 10th May 2008, 12:57 AM
Shaun Shaun is offline
Member
 
Join Date: Jan 1970
Location: Western Australia
Posts: 3,403
Default

Thanks for the reply, i was looking at he spreadsheet a bit more and relised it is the same as my ratings sheets except the info is live, i just need to write up some if statements and fomulas to sort all the info out then link the answer to a triger, simple.

I can set this up on my server to run over night, pitty they don't have a test function it would be the best.
Reply With Quote
  #6  
Old 10th May 2008, 08:54 AM
Bhagwan Bhagwan is offline
Member
 
Join Date: Jan 1970
Posts: 2,428
Default

If one is thinking about Duching horses in place betting .
One has to try & go for prices that are $2.50+

To make the maths show a reasonable return.

Cheers.
__________________
Cheers.
Reply With Quote
  #7  
Old 10th May 2008, 06:58 PM
Debug Debug is offline
Member
 
Join Date: Jan 1970
Posts: 72
Default

You don’t have to use a formula for dutching prices, particularly place prices. Use an algorithm.
For example, if you select 3 runners with the prices of $2.60, $2.70 and $10.90.
Step 1. Have your program loop around adding 1 unit to each runner ,keeping a count of the total units.
Step 2. At the end of each loop test the return from each runner to see how much profit it will return.
Step 3. Once each runner shows a profit which is greater than the actual total bet then cease the loop.

You can use this algorirthm for all types of betting scenarios – fixed betting amount, target or return amounts.
The above prices would work out as follows.
2.60 4 units $1.4 profit
2.70 4 units $1.8 profit
$10.90 1 unit $$1.9 profit
total bet $9.00

The bigger the place prices the better the return.

Once you have got this algorithm mastered it is not difficult to move onto sets of prices . eg calculating profits for sets of place prices such as 2 or 3 place getters. All same Any2 or Duet

You can also work it for lay prices, but I will leave that for you to work out.


Shaun. Can’t help you with your trigger problem. Not in Excel anyway.
Reply With Quote
  #8  
Old 11th May 2008, 08:46 PM
Crackone Crackone is offline
Member
 
Join Date: Apr 2006
Posts: 368
Default

Found a spreadsheet that dutchs two horses.
Attached Files
File Type: xls Two Against (Target Profit)2.xls (48.5 KB, 662 views)
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 03:48 AM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655