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Old 27th April 2010, 11:20 AM
Bhagwan Bhagwan is offline
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Join Date: Jan 1970
Posts: 2,428
Default 3 Horse Money Management Plan

This plan can show good profits on the right selections targeting 3 horses a race.

The idea of this is to break even if our winner is 4.00 & less & profit if it is 4.10+

RULES - 300.00 bank divided by 30
$10.00 stake for each race.

The next day , we divide our remaining bank by 30 for the next days action.

We divide the price of any horse that is maybe 4.00 & less into 10.00
e.g.
O/L at price 4.00 would be 2.50

Deduct the 2.50 from 10.00 = 7.50

7.50 divided over 2 other horses = 3.75

If the other 2 horses are 4.10+ , we place 3.75 on the remaining 2 horses.

Example.
3 horses
3.50
4.50
9.50

10.00 / 3.50 = O/L 2.85

2.85 - 10.00 = 7.14

7.14 / 2 horses = 3.57 on each.

If 3.50 shot wins = Ret 10.00 (break even)
If 4.50 shot wins = Ret 16.06
If 9.50 shot wins = Ret 33.91
For our 10.00 O/L for the race.

If there were 2 of the 3 horses 4.00 & less.
We would divide both prices into 10.00 &the difference placed on the 3rd horse.

It can work very well using your favorite tipster where 3 horses are given e.g. RadioTAB as shown on the UniTAB site.
This has a combined SR of approx 50%

Maybe target races with 15 & less runners.
Where at least 2 of the runners are 4.10+ so as to hunt down some value in the race.

A program like Faibot or Gruss can make fractional dollar amounts on Betfair.
That way your price is locked in & the prices are nearly always better than individual TABs.
So the best value will be to use Betfair.

If one wanted to use the pre-post market, one could place all their bets at once on the TAB if one wished to go that way & hope you don't get burnt too badly if the Fav wins on too many races.

The bottom line is one should enjoy a SR of approx 45-50% with the right tipster on the day.
They often have one of their tips at double digit prices which manage to snag the odd win.

The first 4-5 races for each venue, tend to offer the higher SR of the 3 tips, for whatever reason, so its an idea to maybe target these races & leave the last half alone so as to help avoid possible long runs of outs.

The theoretical longest run of outs to expect with a 45%SR is approx 11 in a row, so be prepared.

It can be a lot of fun to use because we have 3 horses running for us instead of just the one horse.

One thing is for sure , you wont be waiting too long to snag our first winners for the day & some of the prices can be amazing.
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