My interpretation of Formula One
The following are considered:
Course Win%
Distance Win%
Track Condition Win%
Course/Distance Win%
If these are considered for the current race then these (averaged) do indeed produce a different Win% from the overall Win% given in form guides. This can then be used as a filter (as they said on the site, on any system). Iwould also consider Place % as this is a better indicator of winning chances so the stataticians tell us.

Researcher...sounds good to me.

However, how do we weigh up a correct percentage if a horse has 3 wins on this track and another has three wins over the distance but not at this track? How do we rate the merits of either or are they equal? Some would agree, others disagree. Also do you think that if a horse has a 60% place strike rate including wins, and another has a 60% strike rate on wins and no placings...which is the better horse?
Just ideas to consider when you are adding percentages together and averaging them.
Also we have to include adjusted percentages for the class of races won i feel.

_________________
Invest - Don't Gamble!

[ This Message was edited by: Equine Investor on 2002-05-30 23:21 ]

Another factor you could throw in:
Favourite must have finished in first 2 last start.

Thankyou very much for that spreadsheet Fryingpan - much appreciated.

Did you factor in increasing the target by 10 after the bank increased....and if so is it possible to remove this one factor on the spreadsheet as I have found after say 100 bets, the percentage of the bank you are risking becomes unmanageable.

Incase you are wondering why...my divisor is 2 and the average price is $1.81!
:grin:

Any thoughts?

[ This Message was edited by: Equine Investor on 2002-06-04 14:14 ]

BUMP

Equine Investor

The retirement plan as I read it from the site works by betting with the divisor AND a target figure.

When you have reached your first target amount, then a NEW target is set and the spreadsheet gives you a figure that is 6% of your new bank,(your original bank plus the surplus you made by reaching the original target). If I remember right the retirement site says to make this target size 5%. So I did err there a bit on the greedy side. If you continue with this progression plan it moves into higher betting amounts because the bank is larger and the target is also larger etc etc....

To change the 6% part, go to the cell G4 which is the starting cell of the formulae, and where it says 0.06 change this to 0.05 or 0.03 if you only wish to aim for say 3% of your bank. Then you need to paste this down the entire column to alter the other figures.

Any hassles I can always send you another file with a different name so you can see what I mean.

That's a start anyway.

Thanks for sending me the amended file Fryingpan.

Anyone using this program?

Anyone having success or problems?

I am finding for some reason that after say 100 bets...not only is my bet size increasing but the percentage of the entire bank bet.

E.G. at $200 bank my first bet is $2.00
When the bank grows to say $800 the bet is $80.
Any ideas???

This is a very good staking plan ,you can make the thing drive into profit even on a small level stakes loss.

By reducing the divisor by the actual price figure E.g. If you were on divisor 11 & you get a $4.00 payer, the new divisor becomes 7 for the next bet .
It does`nt drive the initial outlay up too much which is what you want to try & acheive when it comes to progressive staking plans.

Well done Equine Investor, for finding & shareing this plan.

__________________
Cheers.

RETIREMENT STAKING PLAN .GRANDSTAND PUBLISHING.
I am only new to this site and I am very impressed with the quality and sanity of the postings.
Firstly I have been using the retirement staking plan for some time and it is a nothing short of sensational.
Secondly to FRYINGPAN. I have sent an email to your address on message posted 30/5/02 re spreadsheets. If that address is not now valid please let me know as I would like to get in touch with you.
Finally, the Grandstand site is up and running again as I have found out tonight.

good punting. ENJAY

Apologies Enjay

I have sent the same sheet with example to all people (even tonight and I was a couple of days late sorry) whom I've received emails from. Please email me again at the same address, findlg@boxfrog.com Might be the email people....