Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > Horse Race Betting Systems
User Name
Password
Register FAQ Search Today's Posts Mark all topics as read

To advertise on these
forums, e-mail us.

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 30th September 2005, 10:26 AM
Carnegie Express Carnegie Express is offline
Member
 
Join Date: Sep 2005
Posts: 23
Default The 40/60 System

Hi All,

Working on a simplistic win and place system which basically finds safer each way horses to bet on. Rules are as follows:
1) Only select horses with a winning percentage of 40% or higher the win and 60% or higher the place

2) No two or three year old races or restricted class races.

3) Only select horses that have finished within 4 lengths of the winner at their last start, provided they did not win.

4) Only select horses with a proven first or second up record in similar quality races.

5) Only select horses that are proven at the track or distance (50% place at worst).

6) Never select a horse with an apprentice jockey on board unless they are claiming below the minimum (generally these horses fail rules 1 & 3 hence the reason for minimum weight and the claim)

7) Never select a horse that has drawn off the track. Stick to horses that have drawn barriers 1-7 (unless down the straight at Flemington or Vic Park).

8) Only bet if the odds for the win are greater than $3.50

9) In races where there are more than one that suffice the above rules no bet.

10) 25 units the win 25 units the place.

Does it look a decent method?
Reply With Quote
  #2  
Old 30th September 2005, 11:23 AM
wesmip1 wesmip1 is offline
Member
 
Join Date: Sep 2005
Posts: 1,601
Default Short priced

Hey,

just looking at this system I would expect it to not get many bets at all and also all of the bets it does throw up are going to be very short priced.

But saying all of that it may still work as there is a high % chance the horses will win.

Good luck with it.
Reply With Quote
  #3  
Old 30th September 2005, 01:13 PM
Carnegie Express Carnegie Express is offline
Member
 
Join Date: Sep 2005
Posts: 23
Default

True, but not always. That is why I have applied the $3.50 rule. Tomorrow there are three to choose from:
Horses to consider 1/10/2005:

Randwick race 9 #13 Fumble

Belmont race 2 #8 Stormy Gale

Belmont race 5 #7 Local Legend

As I am in Sydney have no idea of the early market for the Belmont pair but Fumble is quoted at $9 in early markets. Thanks for your input. I'll road test it here for a month or two and see how it goes.
Reply With Quote
  #4  
Old 30th September 2005, 01:43 PM
wesmip1 wesmip1 is offline
Member
 
Join Date: Sep 2005
Posts: 1,601
Thumbs up

Something to think about ...

Maybe create yourself a blackbook as I think horses with a 40% win rate would be quite rare ( might only be a 20 or 30 meeting your criteria). That way you don't have to check each race for the form. You will just need to check if any of your horses are scheduled to be running on the day.

Good luck with it .. I will follow these selections tommorow as I am eager to see how it performs.

Good Luck
Reply With Quote
  #5  
Old 30th September 2005, 02:20 PM
Carnegie Express Carnegie Express is offline
Member
 
Join Date: Sep 2005
Posts: 23
Default

Hopefully it throws a few winners up. Well, we'll see on Saturday anyway. Thanks again for your input. A black book is a good idea. Didn't even think of that. But the vitual form guide is easy enough to scan.
Reply With Quote
  #6  
Old 30th September 2005, 09:17 PM
blocka blocka is offline
Member
 
Join Date: Feb 2005
Posts: 23
Default

Carnegie,

I have done some analysis but can't (or at least without a bit more effort) do all the criterea:
I have done:

1) Only select horses with a winning percentage of 40% or higher the win and 60% or higher the place - Win % only

2) No two or three year old races or restricted class races. - See results breakdown, assume 3yo+ is OK

3) Only select horses that have finished within 4 lengths of the winner at their last start, provided they did not win. - OK

4) Only select horses with a proven first or second up record in similar quality races. - Not done

5) Only select horses that are proven at the track or distance (50% place at worst). - Not done

6) Never select a horse with an apprentice jockey on board unless they are claiming below the minimum (generally these horses fail rules 1 & 3 hence the reason for minimum weight and the claim) - Not done

7) Never select a horse that has drawn off the track. Stick to horses that have drawn barriers 1-7 (unless down the straight at Flemington or Vic Park). - OK except for the exceptions

8) Only bet if the odds for the win are greater than $3.50 - OK

9) In races where there are more than one that suffice the above rules no bet. - Not done

10) 25 units the win 25 units the place. - Can only do win results.


Results:
As above:
Wins





Starts





Places





S/R





Place S/R





Win Return





POT





29





192





81





15.10%





42.19%





196.75





2.47%







As above but including restricted races:
Wins





Starts





Places





S/R





Place S/R





Win Return





POT





47





289





120





16.26%





41.52%





296.75





2.68%







As above but including 2 and 3yo races and including restriced races.
Wins





Starts





Places





S/R





Place S/R





Win Return





POT





98





577





231





16.98%





40.03%





615.5





6.67%








Edit: Results for Syd/Melb metro from 1/1/2003...

Last edited by blocka : 30th September 2005 at 09:23 PM.
Reply With Quote
  #7  
Old 30th September 2005, 09:30 PM
Carnegie Express Carnegie Express is offline
Member
 
Join Date: Sep 2005
Posts: 23
Default

F**k mate. Thanks for the effort. What you did was good enough but we'll see how it goes live over the next month or so. The reason why I have left out the 2 & 3 year old races is that many of them basically fit the criteria so it is hard to nail one, plus their form is hard to line up. Hopefully I can get some positive results. Like I said though, I only had a think about it yesterday whilst tinkering with an older system. Thanks again. Go the Tigers.
Reply With Quote
  #8  
Old 30th September 2005, 09:55 PM
blocka blocka is offline
Member
 
Join Date: Feb 2005
Posts: 23
Default

Just a tip Carnegie, keep track of the results of those meeting the criterea that are $4 or less.
Reply With Quote
  #9  
Old 30th September 2005, 11:53 PM
partypooper partypooper is offline
Member
 
Join Date: Nov 1999
Location: Western Australia
Posts: 2,391
Default

Carn Ex. Just 2 cents worth mate, where I believe you are on the right track is that with 40-60, you are already amongst the winners with this rule alone!!
But I still can't go beyond implementing my pet filters: racing within 21 days over less than 2000m, (unless 1st up over 1200 or less) and must have a win in exposed form, and carrying 60kg's or less and NOT ridden by a 3kg's apprentice.

I've got more but THEY are the gospel, but Fillies and Mares races or Fillies only are really suspect in my view!
Reply With Quote
  #10  
Old 1st October 2005, 11:29 PM
wesmip1 wesmip1 is offline
Member
 
Join Date: Sep 2005
Posts: 1,601
Default

Results from todays selections :

Randwick race 9 #13 Fumble - 3rd $3.10
Belmont race 2 #8 Stormy Gale - Not Placed
Belmont race 5 #7 Local Legend - 2nd $1.70
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT +10. The time now is 11:36 PM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655