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-   -   An Awesome Laying System...Please check (http://forums.ozmium.com.au/showthread.php?t=21455)

marksto2 26th April 2011 02:20 PM

An Awesome Laying System...Please check
 
Hi Guys,

I believe the following will be an excellent laying system potentially on a set and forget basis or Betfair SP or flat stakes laying.

1) Horses that ran 2nd last start
2) Resuming from a spell
3) Win % under 20

Can someone see what the overall results are by using a system builder or database?

luv2bet 26th April 2011 08:14 PM

hi marksto,
I dont think there would be much action with those rules. Not many horses run a 2nd then are sent to the paddock for a spell..
Or have I missed something?

marksto2 26th April 2011 08:39 PM

The form should read as follows

2X

I believe the focus should lead to lower prices with a high risk of losing and an overall profit on turnover. This is the theory and from observations.

Tomorrows selections would be. I would also advise to limit the price to say under $8 or $10.

Cant R2 - 9
3 - 4
5 - 6

Ascot R4 - 8
8 - 12

Bhagwan 26th April 2011 09:44 PM

It should work just fine.


Here's another Lay Plan to have a go at , it has been performing very well .

RULES
.Target TAB No.1

.Lay price to be approx $3.50-4.50

Lay Bet 1.5% of bank , level stakes.


Profit objective 1.75% a day then STOP for the day.
This equates to approx 50% a month.

It works a treat.

raldridge 27th April 2011 08:36 AM

An Awesome Laying System
 
I checked this back 6 months in Neale Yardley's Bet Selector program and got these figures
races 477
bets 522
longest lay collect run 32
average payout odds using NSW tab odds 3.73
showing -50.6% when win backed on NSW tab.

would need to be checked using actual Betfair lay odds of course
but looks very good.
I presume this is a win lay method not a place lay method?

marksto2 27th April 2011 06:48 PM

Hi Ralridge,

Are these stats for my system below of Bhagwans??

The selections I mentioned below all lost and at favourite and near favourite odds. I wish I had insight into a database of results as I believe this will be highly profitable.

Cheers,
Mark

Bhagwan 27th April 2011 07:24 PM

That -50.6% LOT TAB prices, is the type of figure we like to see.

Betfair usually pays 20% more ,therefore, the Betfair result would have been

approx -30% LOT which is a profit to us, when lay betting.

Thanks for testing that.

Well done.

raldridge 27th April 2011 08:03 PM

An Awesome Laying System
 
Hi Mark,

The test I did was on your lay method not Bhagwan's.

domenic 27th April 2011 08:03 PM

Quote:
Originally Posted by marksto2
Hi Guys,

I believe the following will be an excellent laying system potentially on a set and forget basis or Betfair SP or flat stakes laying.

1) Horses that ran 2nd last start
2) Resuming from a spell
3) Win % under 20

Can someone see what the overall results are by using a system builder or database?
I have run this from today back to Jan 1 2010, NSW dividends.

Races; 1284
Bets; 1387
Wins; 195
Strike Rate; 15.2%
Ave Win Div; $4.98
Loss $; -415.50
LOT; -30.00%
Ave Starting Price; $14.40

Best of luck with it.

marksto2 27th April 2011 08:12 PM

Thanks so much Domenic. Really appreciated.

I am actually thinking of a maximum lay price cut off of $10. Not sure if this will improve the bottom line.

Assuming Betfair odds are 20% better than NSW TAB prices then this should easily make a 10% profit on turnover if I am reading correct?

Cheers
Mark


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