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  #11  
Old 10th April 2011, 07:52 PM
wesmip1 wesmip1 is offline
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Quote:


Wesmip, do you treat your gambling as a hobby, as an investment, or as a career?


I treat it as an investment. I do well enough to treat it as a career but I know enough to understand that my edge could fall away one day.
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  #12  
Old 11th April 2011, 05:33 PM
woof43 woof43 is offline
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Moee,
As posted a long time ago,

Try a Dr. Robert Anthony.

He lived a time in Tasmania, where he travelled between there and Sydney, has helped a number of the best in the world.

Last edited by woof43 : 11th April 2011 at 05:35 PM.
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  #13  
Old 11th April 2011, 05:37 PM
moeee moeee is offline
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Originally Posted by wesmip1
Seriously though, moeee do you try to target value or a high strike rate ?

If you rate a dog at 12% chance then that is $8.33 And you assume you standard deviation is around 10% then your odds are only good on this dog at 12%-10% = 2% = $50.

I am not sure how you are doing your pricing but I would hope you read the above and use it.


I tried this for a while, but you know what?
When a rated $8.33 shot wins at $25 , and I'm not on it, you know how miserable I feel?
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  #14  
Old 11th April 2011, 05:41 PM
moeee moeee is offline
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Quote:
Originally Posted by woof43
Moee,
As posted a long time ago,

Try a Dr. Robert Anthony.


Is this the one who teaches how to gamble better, or are you recommending I go see a psychiatrist?
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  #15  
Old 11th April 2011, 05:56 PM
woof43 woof43 is offline
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He wrote a book back in 1998 how to beat the odds, then went over to Hong Kong for a time because of his exotic parimutual expertise, to help some team players.

Don't worry about his flagship books, the gold is in some earlier works
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  #16  
Old 11th April 2011, 07:13 PM
moeee moeee is offline
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I went back and copy and pasted the stuff you posted Woof43.

I'll have a bit of a read and study tomorrow morning. (No Races)

Cheers.
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  #17  
Old 12th April 2011, 03:54 PM
moeee moeee is offline
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Quote:
Originally Posted by woof43
Moee,
As posted a long time ago,

Try a Dr. Robert Anthony.



So what book is that stuff from , that I may get hold of further reading from it?

I have downloaded Betting On Yourself, but am yet to start reading.(Races are about to start****
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  #18  
Old 12th April 2011, 08:10 PM
woof43 woof43 is offline
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Default ****** Stevens the real hero of Greyhound racing

If you do a google search you'll be hard pressed to find any articles about this genius of a racing man, but he was the Racing Manager at Wimbeldon between 1936 and 1976. He was the finest grader of his time. Sometimes you need to look back and try an understand the history of a sport and some of the notables who were by far ahead of their time. ****** was one of these.
A friend of mine was lucky to be able to gather some of his manuscripts and together we develop algorithms to make it possible to compute races in a matter of minutes.

A notable Robert V Rowe (USA) wrote the following from half way around the world about ******.
"For instance, ****** Stevens, racing manager at Wimbledon in the 1960s, was the pioneer of sectional timing and grade classifications. ...racing remains at Wimbledon. That's the main thing."

Biggest hero in greyhound racing ****** Stevens, the former Wimbledon racing manager. If his like had been around in the last 20 years the sport might still be thriving. He was strict but fair, gave no favours. He used to walk the track and announce the going before racing. He was the pioneer of racing.

Towards the end of 1943, the then Wimbledon racing manager, ****** Stevens, came up with a special invitation race for puppy champions.

"Perhaps the finest grader in the history of the sport was ****** Stevens, for many years racing manager at Wimbledon Stadium; because he was rarely known to be swayed by his emotions, however exciting the racing, he became known as "TheSphinx". When making up his card he gave each greyhound a class figure, beginning with A1 for the top race; A2 for a slightly lower grade and so on all the way down to A8 which was allotted to the lowest-class dogs. After every race he awarded points to each of the six dogs taking part in relation to the position in which they finished. A league points table for each dog enabled him to see at a glance how the dogs moved up or down the table each week and he could grade them accordingly. So meticulous was ****** Stevens in his efforts to please everyone and to give his patrons the best possible racing that he placed staff around the track at each meeting to note the position and running of each dog every few yards. This information was taken into consideration when making up his card for future meetings. Indeed, nothing at all was left to chance"

****** Stevens was Racing Manager at Wimbledon from 1936 until 1976. In addition to the techniques listed above he also incorporated into his grading system the criteria by which winning runners were automatically up-graded.

Similarly, runners without a second or third placing in three runs were automatically downgraded ... And all long before the day-to-day use of computers.

Leafing through the archives from 1951 I discover that this was the year when Wimbledon's ****** Stevens determined that a length should be calculated to .08 of a second, whereas everyone else was working to .06.
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  #19  
Old 12th April 2011, 08:34 PM
moeee moeee is offline
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Default What the ****

The automatic censor messed up your post Woof43

That Stevens bloke, it wasn't "CAT" was it?

EDIT: - By the way Woof, since what year were you doing horse racing?
I've rarely read any of your stuff suggesting you were involved in anything other than greyhound racing over the past 10 years or so since I was aware of you.

Last edited by moeee : 12th April 2011 at 08:37 PM.
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