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Old 6th January 2005, 09:36 PM
beton beton is offline
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Join Date: Jan 1970
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Miamiles

Racing is random. Each race any horse can get up and win. The next race is a new set of criteria. There is hundreds of variables and literally thousands of combinations of those variables. however just as a weatherman can put a thousand variables together and based on past results predict tomorrow's with a fair degree of accuracy, a good punter can predict the winner of the next race.
Those who are not yet good punters or forecasters ie yours truly must rely history. A random series of events will repeat itself over and over changing slightly as the variables change slightly. Historically favorites get up and win 30% of the time and place 60% of the time and are no value as the prices are too short.
Bhagwan showed that by only targeting the upper priced favorites they won 24% of the time. When I looked at this i saw in my sample a high strike rate of placings. I figured that if a pattern was identified and a system was adapted a profit could be made on everyday betting year in year out on any track. I am being convinced as i do so it is a lot of work for very little return.

Having said this the pattern is showing which is that 60% are placegetters.There is good number of losing races followed by a placing race. Then there are lesser percentage of two losing races followed by a placing race. ditto with three and four etc to what will show one eight losers per 1000 bets. On the other side the placegetters are 60% compared with 40% Ie 50% more. Hence more races will have consecative place getters At present this shows 33% of them get up next.

I can eliminate a lot of losses but it comes with a cost. I will see what happens when I finish the analysis

Regards Beton
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