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  #121  
Old 7th March 2012, 03:28 PM
Mark Mark is offline
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Quote:
Originally Posted by Mark
I will add that midweek I don't even look at our races until R5, don't bet omn maidens, and don't bet unless at least 30% of favs have won in the races run before the first R5 is run.


4 races run at wyong & sandown, 2 at Bris......I make it 9 favs from 10.
Get stuck in !!!!!

And yes I would believe.
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  #122  
Old 7th March 2012, 03:43 PM
Mark Mark is offline
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Wyong R5....a bolter......who would have thought.
Love it when a plan comes together.
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  #123  
Old 7th March 2012, 03:46 PM
Mark Mark is offline
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To circumvent any misunderstanding, I won't be on Bris until R5.
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  #124  
Old 7th March 2012, 04:36 PM
jose jose is offline
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Mumble mumble....something about horses and water..........mumble mumble.
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  #125  
Old 7th March 2012, 06:11 PM
Chrome Prince Chrome Prince is offline
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I must admit, I never go on what happened in previous races, only previous days, and then only if it was a massive deviation from the average expectation.
However, the trouble comes when it goes on for days at a time, not so common here, but quite frequent in the UK.
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  #126  
Old 13th March 2012, 12:21 PM
Vortech
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Another note or debate on the side of this topic is in relation to confidence levels.

If you have a system with 50 selections and you manage to get 30 winners (60% SR) with an average return of $3.00 you have a profit of $40.00

Now using any interval calculator http://www.surveysystem.com/sscalc.htm you have an interval of 17.87. Meaning the Strike rate can range from 42.13% to 77.87% with a 99% confidence.

Based on this, at worst you have 42.13% strike rate @ $3.00 average winner is still a 26.39% profit.

Is this logical in racing terms?
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  #127  
Old 13th March 2012, 01:46 PM
Chrome Prince Chrome Prince is offline
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Quote:
Originally Posted by Chrome Prince
However, the trouble comes when it goes on for days at a time, not so common here, but quite frequent in the UK.


I should have added the USA!!!
Been making very good money on both UK and AUS the last week, but USA has hit hard
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  #128  
Old 13th March 2012, 02:02 PM
Mark Mark is offline
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Agreed, the US was very hard going this morning.
I worked 10 races for 5 favs, 3 2nd favs, a 3rd fav and 1 result.
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  #129  
Old 13th March 2012, 02:42 PM
norisk norisk is offline
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Quote:
Originally Posted by Vortech
If you have a system with 50 selections and you manage to get 30 winners (60% SR) with an average return of $3.00 you have a profit of $40.00




Reckon you need a much bigger sample Vortech, to go forward with any confidence.
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  #130  
Old 13th March 2012, 03:04 PM
Chrome Prince Chrome Prince is offline
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Quote:
Originally Posted by Mark
Agreed, the US was very hard going this morning.
I worked 10 races for 5 favs, 3 2nd favs, a 3rd fav and 1 result.


Today was not extraordinary for the USA, this has been going on steady for the last week. I wonder if it's the average small field size.
At this stage I'm praying for rain, as that's when we get the nice results in the mud there

To give you some yardstick:
AUS profit 25.32 units after commission
USA loss of 14 units after commission

Head above water, but USA is definitely on a sustained run of short winners.
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*RaceCensus now updated to 30/04/2024
Video overview of RaceCensus here:
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Last edited by Chrome Prince : 13th March 2012 at 03:09 PM.
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