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?
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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.
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Thanks Mr. TO.
LG |
Quote:
Yes, would be interesting to see how Maria yield compares. LG |
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