Cick into http://www.qtab.com after 10.00am. on any day of the week . You will see Mark Reads assesed point ratings . I have found by backing the 100pt.runners paying $3.20 or more in the newspaper ,the reults over the last 200 races were this. 29% stike rate. Profit on turnover 20% What I found amazing is is the number of double figure winners that pop up e.g. on Wed.9th. $11.20 $15.20 I would recomend level stake betting using a bank of $1.00 for every $100.00 If more than one 100pt. selection in race back them both as long as they are $3.20 in newspaper. All bets could be placed at once ,great for busy people . Further feedback on this would be welcome.

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Cheers.

Hi Bhagwan.

You mentioned http://www.qtab.com.

That website is a human resources website (USA company, I think).

Do you mean Queensland TAB web site? If so, this is http://www.tabonline.com.au. But if it is, then I am still confused, because I couldn't find any reference to Mark Read's ratings.

Please advise.

Thanks,
Big Louie

http://www.tabq.com.au .Correction my ballsup.

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Cheers.

Nice, but too small a statistical sample. The next 200 could easily give you only 29 winners instead of 58 and return a significant loss.
It's like looking for that pot of gold at the end of the rainbow - a winning betting method that requires no effort or time.
It's also just about impossible long term placing bets on the tote in the morning and collecting long term profits in the evening.
I should know. I tried it for years. I finally realised you only get out what you put in. The only way to win at racing is to put in the hard hours, week in, week out and then bet in a disciplined and unemotional manner.

Mr. Logic lives up to his name by telling it how it is. In reality, there is no method like the one suggested that makes long or even medium term profits. Searching for the pot of gold at the end of the rainbow with little or no effort will prove to be a life long fruitless search.

Learn the basics of effective form analysis, be selective in the races to tackle and leave alone and learn how to bet /manage your money effectively.....thats the only way to make long term profits.

Hi Mr Logic and co, I am curious.

I really like your logical approach to all posts.

In your years of trying to crack a system what was your longest winning streak? More specifically, were you able to return a profit for a period of time and if so for how long?

And by the way - what do you think is the minimum number of sample races one should start to rely on?

Would appreciate your replies on these queries...

[ This Message was edited by: cameron398 on 2002-01-21 22:24 ]

To Cameron398

Here are my replies:
"In your years of trying to crack a system what was your longest winning streak? More specifically, were you able to return a profit for a period of time and if so for how long?"

One method returned a profit on turnover of appoximately 25% over about 10 months and 280 bets. It then fell in a complete hole and made a whopping 60% loss on turnover over around the next 200 bets. I follow the method now just to get the horses and use full form analysis to eliminate most of the system's horses.

"And by the way - what do you think is the minimum number of sample races one should start to rely on?"

For a racing system based on simple rules and not proper form analysis eg, weights, times, class, fitness, barriers, jockeys, video study, etc. etc. - none.

If you are using proper form analysis etc. then more important than whether you are making a profit over any period is how your selections are going in the races. If you are showing a loss and are backing selections at generous odds - whatever that is!! - but there are plenty of valid reasons like bad luck in a lot of races, or plenty of good runs but something else just nabs your horse/s then there is nothing to worry about. Things will turn around.

Thanks Mr Logic.

So if in time I managed say a 30-35 percent profit on turnover for say 1,000 bets would you say I was onto something?

I guess even if I managed that it may still fall in a hole for the next 1,000 bets.

[ This Message was edited by: cameron398 on 2002-01-22 00:34 ]

Hi Cameron,

In my view it depends on how you generated this 30-35% profit over 1000 bets. If you are talking about a system that has been developed, by fitting rules to races already run then i would say that you aren't onto anything.

With the right data it is very easy to back-fit some rules to show outstanding profit. The trouble is the next series of bets like Mr. Logic says. The only use of systems is to get a base series of selection. You can then apply your own manual form analysis to these selections to see if they are worthy bets.

If you have taken this approach over 1000 "live" bets and produced 30-35% POT then i would suggest you are onto something. If you haven't, give it a try and see what happens.

Only people with low IQ's fit rules to races already run. (I went through that stage many years ago haha.) My results achieved of late are based upon rules set in concrete. So to answer my original question if over time I eventually manage to achieve 30 percent or so for say about 1000 races that would be pretty good eh...

[ This Message was edited by: cameron398 on 2002-01-23 00:26 ]