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
  #11  
Old 18th April 2012, 08:18 AM
mattio mattio is offline
Member
 
Join Date: Jan 2011
Posts: 268
Default

Hi Dale,

Yeah I know but as Bhagwan says you can post a system up and the majority of people will stop using it the minute it hits a bad run and inevitably favourites will hit a bad run.

I have already found another favourites system that gave me a 2% POT from over 800 selections in the 4 month test period so I am going to have some fun breaking that down.

I found a few nice filters around pre-post favourites that gave me a potential lay system over the same period with 90 selections and only 11 winners (all favourites too) for a 61% LOT at TAB prices.

Cheers,

Matt.
Reply With Quote
  #12  
Old 18th April 2012, 08:48 AM
UselessBettor UselessBettor is offline
Member
 
Join Date: Sep 2011
Posts: 1,474
Default

mattio,

Just a heads up that the favs have been running slightly above their natural strike rate and pot for the last 8-9 months.

Any systems base don favs over this period are liekly to show better results then can be expected over the longer term.

I suggest you check the strike rate of just every fav and see what it has produced for your results. Is it at or above 34% ? If so then I suggest you take a wait a see approach for these systems.
Reply With Quote
  #13  
Old 18th April 2012, 09:52 AM
The Ocho The Ocho is offline
Member
 
Join Date: Aug 2010
Posts: 1,037
Default

Quote:
Originally Posted by UselessBettor
mattio,

Just a heads up that the favs have been running slightly above their natural strike rate and pot for the last 8-9 months.

Any systems base don favs over this period are liekly to show better results then can be expected over the longer term.

I suggest you check the strike rate of just every fav and see what it has produced for your results. Is it at or above 34% ? If so then I suggest you take a wait a see approach for these systems.

While there (probably) is no doubt that the fav strike rate has been running higher than the norm over the last 8-9 months, is it also possible that with the plethora of information available nowadays that the ACTUAL best horse is being picked by more of the info and is then backed into favoritism by the public and therefore winning at a higher strike rate?

This would thereby drag the strike rate up and maybe the current 34% average strike rate may be the new norm.
__________________
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”

― Earl Nightingale
Reply With Quote
  #14  
Old 18th April 2012, 10:14 AM
Dale Dale is offline
Member
 
Join Date: Jan 1970
Location: Bundy
Posts: 292
Default

Quote:
Originally Posted by mattio
Hi Dale,

Yeah I know but as Bhagwan says you can post a system up and the majority of people will stop using it the minute it hits a bad run and inevitably favourites will hit a bad run.

.



Yeah good point, I just worry about the proffesional takers who sit and wait for something like this. Genuine people will work for the results and go on the journey with you.
Reply With Quote
  #15  
Old 18th April 2012, 10:16 AM
Dale Dale is offline
Member
 
Join Date: Jan 1970
Location: Bundy
Posts: 292
Default

Quote:
Originally Posted by The Ocho
While there (probably) is no doubt that the fav strike rate has been running higher than the norm over the last 8-9 months, is it also possible that with the plethora of information available nowadays that the ACTUAL best horse is being picked by more of the info and is then backed into favoritism by the public and therefore winning at a higher strike rate?

This would thereby drag the strike rate up and maybe the current 34% average strike rate may be the new norm.



Could be a number of reasons, my first thought is that perhaps its not so much the plethora of information but the plethora of weak low class races ie maidens which favorites have a sligthly better record in.

That and small fields as the product get more and more watered down with the over abundance of racing.
Reply With Quote
  #16  
Old 18th April 2012, 11:17 AM
bernie bernie is offline
Member
 
Join Date: Sep 2010
Posts: 148
Default

Re the strike rate of favourites. For what it's worth, Felicity wrote in this forum in 2004:

From 1/8/91 to 31/7/01. All going, all fields, all trax. Dist. LESS THAN 1200 m.

61,402 Sole faves.
23,072 Wins (37.6%)
43,919 places (71.5%)
Reply With Quote
  #17  
Old 18th April 2012, 11:19 AM
The Ocho The Ocho is offline
Member
 
Join Date: Aug 2010
Posts: 1,037
Default

Quote:
Originally Posted by Dale
Could be a number of reasons, my first thought is that perhaps its not so much the plethora of information but the plethora of weak low class races ie maidens which favorites have a sligthly better record in.

That and small fields as the product get more and more watered down with the over abundance of racing.

So, while we've come up with different reasons for the higher strike rate, it is still possible that 34% may be the new norm. And maybe even higher down the track (so to speak)?
__________________
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”

― Earl Nightingale
Reply With Quote
  #18  
Old 18th April 2012, 11:21 AM
bernie bernie is offline
Member
 
Join Date: Sep 2010
Posts: 148
Default

Also:

All races 1/8/91 to 31/7/01 ONLY criterion is race number. SOLE FAVOURITE.

R1....37.8%/72.8%
R2....36.6%/70.7%
R3....35.3%/69.4%
R4....34.4%/68.6%
R5....32.8%/66.5%
R6....31.5%/64.3%
R7....29.5%/60.6%
R8....28.2%/58.6%

For the same period 48,111 Maiden race Sole Faves gave 35.7%/69.4%
Reply With Quote
  #19  
Old 18th April 2012, 11:32 AM
bernie bernie is offline
Member
 
Join Date: Sep 2010
Posts: 148
Default

And:

As before but NO Slow or Heavy going and NO Maiden races. <=1200 m. Sole Fave.

R1...41.4%/76.9%
R2...39.5%/74.9%
R3...38.3%/72.9%
R4...36.8%/70.7%
R5...35.4%/69.6%
R6...33.1%/66.2%
R7...31.9%/62.2%
R8...30.1%/61.1%
Reply With Quote
  #20  
Old 18th April 2012, 11:51 AM
Bhagwan Bhagwan is offline
Member
 
Join Date: Jan 1970
Posts: 2,428
Default

Interesting stats there Bernie.
Thanks for sharing those findings.

There was a period in the UK where 70% of Favs were winning, week after week
It was weird .
Chrome Prince commented on it at the time.

But at the end of the year , Favs still averaged 30% across the board in total.
It all averaged out in the end.

That 30% could be considered as a constant in racing, because its been that figure for the past 100 years even with or without computers.

Its when one uses certain filters , that can increase the SR.
__________________
Cheers.
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 06:26 AM.


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