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  #101  
Old 18th December 2012, 12:22 PM
Lord Greystoke Lord Greystoke is offline
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Quote:
Originally Posted by michaelg
Thanks, T.O.

For some reason after analysing the positive results of the method laying S.P. versus laying level stakes on the exchange my confidence is now inexplicably a lot lower. However, the results say my pessimism should be unwarranted, only time will tell...




98% SR and a superior return using SP lay method as per your assumption and your confidence is taking a hit??

I must be borderline suicidal then !

LG
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  #102  
Old 18th December 2012, 12:39 PM
michaelg michaelg is offline
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L.G.

Thanks for your confidence. I hope you're right.
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  #103  
Old 18th December 2012, 07:57 PM
michaelg michaelg is offline
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L.G. you were right, thankfully - so much for my intuition/gut feeling. I think it may have been a natural negativity because I increased the bets by huge amounts. Tomorrow they're back to $33, and I must not (hopefully) give in to impatience until there has been many more selections... and success to give me more confidence.

From today's 19 selections there were 19 smiles for a disappointing profit of $7.52.

Last edited by michaelg : 18th December 2012 at 08:02 PM.
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  #104  
Old 18th December 2012, 08:11 PM
SpeedyBen SpeedyBen is offline
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I'm not sure if this is of interest to you, Michael, but I set my bot to do what you were doing today but laying at the price available 5 seconds before the jump. The result was very similar with a profit of 7.68.
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  #105  
Old 18th December 2012, 08:38 PM
michaelg michaelg is offline
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Speedyben, I assume you layed on the exchange.

My records show that since Friday 7 December laying S.P. outperformed laying on the exchange even though the prices are generally the same, as your profit today was almost identical with mine.

If you are going to continue laying the selections it might be better to do so on S.P.

Good luck whatever you do.
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  #106  
Old 18th December 2012, 09:18 PM
Lord Greystoke Lord Greystoke is offline
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Quote:
Originally Posted by michaelg
L.G. you were right, thankfully - so much for my intuition/gut feeling. I think it may have been a natural negativity because I increased the bets by huge amounts. Tomorrow they're back to $33, and I must not (hopefully) give in to impatience until there has been many more selections... and success to give me more confidence.

From today's 19 selections there were 19 smiles for a disappointing profit of $7.52.


This I understand. LG
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  #107  
Old 18th December 2012, 09:46 PM
The Ocho The Ocho is offline
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Quote:
Originally Posted by michaelg
For some reason after analysing the positive results of the method laying S.P. versus laying level stakes on the exchange my confidence is now inexplicably a lot lower. However, the results say my pessimism should be unwarranted, only time will tell...

There's no need to be like that based on your figures at least. Nothing wrong with making more money laying at SP AND, at the same time, restricting your liability to only $33 than laying at level stakes and not winning as much.

Now larger stakes are a different story but the stats are going great so far so keep up the good work.
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  #108  
Old 19th December 2012, 12:13 PM
michaelg michaelg is offline
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Thanks, T.O.

However, it's reverse confidence with me - the better the results the less confident I feel. Today like yesterday, I look at the selections on Unitab and my confidence drops.

Today's selections:

Gosford
5/10
6/11
7/9, 10

Mornington
4/10
7/9

Eagle Farm
1/9
2/1, 9
4/4
5/12
6/7
7/9, 14, 15, 16

Gawler
4/6, 7, 10
5/3
7/4, 10, 11
8/2

Launceston
2/3, 7, 8
3/5, 8
4/6, 9, 10
5/2
6/7, 12
7/6
8/8, 12

Ascot
1/8
2/2, 3
3/12
4/1, 14, 15
5/7
6/2

Last edited by michaelg : 19th December 2012 at 12:17 PM.
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  #109  
Old 19th December 2012, 12:26 PM
michaelg michaelg is offline
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Correction - Eagle Farm race 4 has less then 9 starters so it is not a qualifying race.
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  #110  
Old 19th December 2012, 01:41 PM
michaelg michaelg is offline
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My lack of confidence has been vindicated. The very first selection, Eagle Farm 1/9 was an accident.

Hopefully the other selections become smiles and recoup the loss of $33.
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