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.

 
 
Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #32  
Old 14th January 2020, 10:57 AM
demodocus demodocus is offline
Member
 
Join Date: Apr 2010
Posts: 79
Default

Quote:
Originally Posted by Bhagwan
Especially if over say 1000 straight bets.
The thing I like about this staking plan, is the compartmenting bets to batches of 20 bets.
It gives a punter 20 races, to have a good run. brilliant run, poor run.


As usual you were right. I had a little think and then a big think and finally dragged up ((LOG(2/N))/LOG(1-P) from the dark depths of my tiny mind to calculate the possible ROO. N is the number of races (20 in this exercise) and P is the Probability of a Win.
Interesting to note that at TAB Price $7.40 (recalc to get the BF) a ROO of 20 is possible so it would be best to take care if using horses at this level Down at TAB $2.10 the possible ROO is 2.

Check out the ROO where N = 1000 and see the difference :-)
Reply With Quote
 


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 10:56 PM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655