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  #41  
Old 13th December 2012, 07:58 PM
michaelg michaelg is offline
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Today's 28 selections turned into 28 smiles for a disappointing profit of $11.18.

Today is the end of the first week since introducing the filter that a qualifying race must have a minimum of 9 runners.

During the week there's been 252 selections for 249 smiles for a profit of $99.28 laying each selection for a liability of $33.
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  #42  
Old 13th December 2012, 08:15 PM
Lord Greystoke Lord Greystoke is offline
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SR v impressive at nearly 99%, michaelg

What is the hypothetical outlay for these?

Cheers LG
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  #43  
Old 13th December 2012, 08:47 PM
michaelg michaelg is offline
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I lay each selection for a fixed liability of $33 on S.P.

I recently started to lay them for higher liabilities (while still recording them as $33) but a couple days ago decided against it because of the short space of time of the existing method (7 days) and have since reverted back to the original $33 liability.

If the success continues I will certainly increase the current lay-bet of $33 liability.
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  #44  
Old 13th December 2012, 08:58 PM
Lord Greystoke Lord Greystoke is offline
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Did you record the outlay?
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  #45  
Old 14th December 2012, 05:57 AM
michaelg michaelg is offline
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Hi, L.G.

The outlay is $33 per selection.

Because there's been 252 selections the outlay has been $8,316 for a profit of $99.28. I wonder how this compares with Maria's outlay/profit?
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  #46  
Old 14th December 2012, 07:00 AM
Lord Greystoke Lord Greystoke is offline
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When you say the outlay is $33, don't you mean the max liability / risk if there is a winner, for each bet? In other words, if the selection gets up to win, you pay out $33 max, if it looses, you gain a return which is dependant on the odds offered?

LG
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  #47  
Old 14th December 2012, 07:10 AM
Lord Greystoke Lord Greystoke is offline
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PS so although the total amount risked is $8,316, the actual outlay is just the $33 risked x no. of accidents. IS this correct or did I just fail 'Lay betting for dummies' ??

Cheers LG
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  #48  
Old 14th December 2012, 07:14 AM
The Ocho The Ocho is offline
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Both of those are correct Mr LG.
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  #49  
Old 14th December 2012, 07:38 AM
Lord Greystoke Lord Greystoke is offline
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Thanks Mr. TO.

LG
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  #50  
Old 14th December 2012, 07:47 AM
Lord Greystoke Lord Greystoke is offline
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Quote:
Originally Posted by michaelg
Hi, L.G.

The outlay is $33 per selection.

Because there's been 252 selections the outlay has been $8,316 for a profit of $99.28. I wonder how this compares with Maria's outlay/profit?


Yes, would be interesting to see how Maria yield compares.

LG
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