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 9th May 2011, 09:22 PM
4legs 4legs is offline
Member
 
Join Date: Mar 2009
Posts: 96
Smile An observation

2 weeks ago I ran for 7 days a live test on Unitab, 15 seconds before race start on the top 8 favourites (min 8 starters), mainly to see where our selections lay. As a by-product of this test I noticed that during this period the top 8 favourites produced over 95% of the winners.

To me, the obvious from this was the potential to lay those that were NOT in the top 8 favourites.

Today I did a test on this, with a 100% strike rate. However, the prices of those to be bet was VERY high!

When you are betting to a liability, the payout is the same irrespective of the price if failure strikes, however it is the return you get when successful which may be a problem for a viable system.

Anyway I throw this out there as an observation as there is very little supporting data on my part, but I thought it was still interesting and worthy of a post.

For interest, today it was an $84.70 return on a $50 bet liability (but with 100% strike rate) so not sure how this would stack up long term.

Food for thought only! .. good punting! .. fred
Reply With Quote
  #2  
Old 10th May 2011, 11:47 AM
beton beton is offline
Member
 
Join Date: Jan 1970
Posts: 589
Default

Fred
Just looked up my data breakdown. Adjusted to >=8 runners. 38317 races.
Fav 1 11585 wins
2 7206
3 5277
4 3979
5 2968
6 2352
7 1774
8 1230
9 787
10 512
11 312
12 179
13 85
14 43
15 17
16 10
19 1
from 9th fav up 1946 wins or 5% 1 win over 16th fav.
Beton
Reply With Quote
  #3  
Old 10th May 2011, 01:34 PM
4legs 4legs is offline
Member
 
Join Date: Mar 2009
Posts: 96
Default

Thanks Beton - great feedback. I will re visit this when time permits and will let you know how I go.

Fred
Reply With Quote
  #4  
Old 11th May 2011, 04:59 AM
Bhagwan Bhagwan is offline
Member
 
Join Date: Jan 1970
Posts: 2,428
Default

Hi 4legs.
Hers a way to drasticly reduce the liability on those really high priced horses.

Lay bet all those roughies & at the same time have the 2nd Fav layed to break even if it should win.

If the 2nd Fav should also fall over , you will clean up.
__________________
Cheers.
Reply With Quote
  #5  
Old 11th May 2011, 07:36 AM
4legs 4legs is offline
Member
 
Join Date: Mar 2009
Posts: 96
Default

Thanks Bhagwan - it is an interesting angle. It does need something like that to make it viable. I will re-visit it shortly and will let you know how I go. Fred
Reply With Quote
  #6  
Old 11th May 2011, 07:50 AM
Merriguy Merriguy is offline
Member
 
Join Date: Jan 1970
Posts: 609
Cool

In another forum there is a participant who has below his signature:

"most winners come from the first seven in betting two minutes before they jump".

Don't know how true it is; but along the same lines as your observation.

Of course, how to profit from these observations is the question!!
Reply With Quote
  #7  
Old 11th May 2011, 09:59 AM
4legs 4legs is offline
Member
 
Join Date: Mar 2009
Posts: 96
Default

Being new the racing game I thought it was an amazing discovery, and I was so surprised; and even more surprised when Beton posted his results!

So I would accept the statement ("most winners come from the first seven in betting two minutes before they jump") as being true - and it is nice to continue and get these confirmations.

But you are correct, how to profit from this is the question!
Reply With Quote
  #8  
Old 11th May 2011, 10:28 AM
Shaun Shaun is offline
Member
 
Join Date: Jan 1970
Location: Western Australia
Posts: 3,456
Default

Even though they came from the first 7 if you backed the first 7 you would lose, but it is a good point to start from, maybe look at the first 7 and only back those above $7
Reply With Quote
  #9  
Old 11th May 2011, 11:23 AM
beton beton is offline
Member
 
Join Date: Jan 1970
Posts: 589
Default

In an 8 horse race 100% of the winners are in the first 8 favorites.
I pulled the results for 8 runners.
4334 races
Fav 1 1500 wins 34.6%
Fav 2 970 22.38%
Fav 3 654 15%
Fav 4 481 11.1%
Fav 5 304 7%
Fav 6 220 5%
Fav 7 132 3%
Fav 8 73 1.68%

Which probably only proves that in 98% of all races there is at least 1 horse in a race that has no possible chance of winning.
Regards Beton
Reply With Quote
  #10  
Old 11th May 2011, 12:18 PM
Merriguy Merriguy is offline
Member
 
Join Date: Jan 1970
Posts: 609
Wink

Lol
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 08:24 AM.


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