#1
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![]() It is a truism that 30odd% of favs win. Over time it has been written here to wait for a fav to win the bet on next one etc. My question is does anyone have any stats on consecutive favs winning - like races 3 &4, 7&8 etc.. Thanks in anticipation
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#2
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![]() Any one that waits for a fav to win then backs the next one is just waiting to go broke....the only time you want to back a fav is when it is a true fav and you have done the form to support that
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#3
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![]() Thanks for the advice Shaun but I wasn't seeking advice I was seeking facts
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#4
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![]() Quote:
You'll still go broke backing true favourites unless you get the right odds. Take $2.00 about a true favourite that should be $2.20 and you'll end up losing. But you'll get a good winning strike rate. Loss chasing staking methods won't turn things around either. |
#5
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![]() Hi,
My database contains only Metropolitan races.... Overall 17,617 clear favourites 30.44% S/R 13.18% Loss On Turnover. Whether consecutive or not it will even out unless you can find a method that eliminates some % of losers or obtain better odds. These days it quite easy to make money longterm as a 13% loss can be turned into a 2 to 5% profit, possibly even more, by obtaining better prices. The loss on turnover quoted overall is using Tabcorp prices. |
#6
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![]() Why is it when we have such a vast array of resources at our fingertips, we still only manage to have the same strike rate of faves as we have had right through history???
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#7
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![]() It's something called the "diminishing marginal utility. We think by adding more an more variables/factors you will find more value, but the reverse is true.
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#8
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![]() I will agree on that more information does not say we will get more winners
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#9
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![]() The ave price has gradually declined though, as a result of more informed money being bet.
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#10
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![]() But using other services you can get a better price....80% of people still don't read form or don't understand it
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