Today's 28 selections turned into 28 smiles for a disappointing profit of $11.18.

Today is the end of the first week since introducing the filter that a qualifying race must have a minimum of 9 runners.

During the week there's been 252 selections for 249 smiles for a profit of $99.28 laying each selection for a liability of $33.

SR v impressive at nearly 99%, michaelg

What is the hypothetical outlay for these?

Cheers LG

I lay each selection for a fixed liability of $33 on S.P.

I recently started to lay them for higher liabilities (while still recording them as $33) but a couple days ago decided against it because of the short space of time of the existing method (7 days) and have since reverted back to the original $33 liability.

If the success continues I will certainly increase the current lay-bet of $33 liability.

Did you record the outlay?

Hi, L.G.

The outlay is $33 per selection.

Because there's been 252 selections the outlay has been $8,316 for a profit of $99.28. I wonder how this compares with Maria's outlay/profit?

When you say the outlay is $33, don't you mean the max liability / risk if there is a winner, for each bet? In other words, if the selection gets up to win, you pay out $33 max, if it looses, you gain a return which is dependant on the odds offered?

LG

PS so although the total amount risked is $8,316, the actual outlay is just the $33 risked x no. of accidents. IS this correct or did I just fail 'Lay betting for dummies' ??

Cheers LG

Both of those are correct Mr LG.

Thanks Mr. TO.

LG

Yes, would be interesting to see how Maria yield compares.

LG