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  #41  
Old 25th July 2015, 09:44 AM
garyf garyf is offline
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Join Date: Oct 2011
Posts: 366
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Quote:
Originally Posted by Rinconpaul
Hate to be the party pooper, but you need to do the maths with Lay prices before you buy the Ferrari. It's easy to fall into the trap of thinking that a big loss on the Back side translates to a big win on the Lay side. For example, I've grabbed a couple of months results (232 selections) for laying the #1 Price rank, #1 Vol rank, #1 SKY rank, # 1 Neural rank. It showed a -10.6 liability loss for the Layer.

However using Back prices less commission , a -1.68 liability loss for the Backers. See, the ************s still get their cut!

I got sucked in once, subscribing to a Ratings service that uses Betfair WAP to calculate profit/loss on strategies. Looked good, until you find out that WAP and SP can vary as much as 40%. Please be sure to back test with the right price, is all I'm saying


All results are there 18months of them winners prices listed,
L/O/T listed sequences of bets, average dividend biggest dividend,
What the selection method was where the bets happened has absolutely,
Nothing to do with what you surveyed with skyform so you reckon a plan,
Like this & others that are worse with zero or 1 winner cannot win.

You do not need 10,000 lay bets to prove whether something,
Wins or loses it is how and what you are interpreting as to a win -loss.

Tell you what I will give you these selections & you can back them with ME.

Will give you best of 4.

TOP FLUCT.
ANY BETFAIR DIVIDEND YOU WANT.
B/O3 OR S/P.

Or whatever is better than the above.

Just ask and I will email you exactly this plan.

No premium charge nothing just a straight bet.

Cant wait for this that loses 80% plus to turn,
Into a profit I will put my balls on the line to see.

I know how the selections are derived where & what they perform in,
And the chances of it succeeding in the future as with all the panels.

Especially the types of races you will be backing them in.

Read my first two lines in post-38.

Last edited by garyf : 25th July 2015 at 09:47 AM.
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  #42  
Old 25th July 2015, 10:30 AM
Rinconpaul Rinconpaul is offline
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Join Date: Feb 2013
Posts: 755
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Quote:
Originally Posted by garyf
All results are there 18months of them winners prices listed,
L/O/T listed sequences of bets, average dividend biggest dividend,
What the selection method was where the bets happened has absolutely,
Nothing to do with what you surveyed with skyform so you reckon a plan,
Like this & others that are worse with zero or 1 winner cannot win.

You do not need 10,000 lay bets to prove whether something,
Wins or loses it is how and what you are interpreting as to a win -loss.

Tell you what I will give you these selections & you can back them with ME.

Will give you best of 4.

TOP FLUCT.
ANY BETFAIR DIVIDEND YOU WANT.
B/O3 OR S/P.

Or whatever is better than the above.

Just ask and I will email you exactly this plan.

No premium charge nothing just a straight bet.

Cant wait for this that loses 80% plus to turn,
Into a profit I will put my balls on the line to see.

I know how the selections are derived where & what they perform in,
And the chances of it succeeding in the future as with all the panels.

Especially the types of races you will be backing them in.

Read my first two lines in post-38.


I think you missed the moral of the post by a country mile Gary.

The LOT of 84.4% you quoted, does that use Betfair LAY prices? If so were they Betfair SP, or last matched or what, coz as a layer that's all you've got to work with. The spread between back and lay prices eats away at the profit, as I demonstrated. You've quoted best of 3 tote and SP in your example.
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  #43  
Old 25th July 2015, 10:49 AM
garyf garyf is offline
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Join Date: Oct 2011
Posts: 366
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Quote:
Originally Posted by Rinconpaul
I think you missed the moral of the post by a country mile Gary.

The LOT of 84.4% you quoted, does that use Betfair LAY prices? If so were they Betfair SP, or last matched or what, coz as a layer that's all you've got to work with. The spread between back and lay prices eats away at the profit, as I demonstrated. You've quoted best of 3 tote and SP in your example.


Doesn't matter to me what Betfair last traded matched,
Gave as S/Price W.A.P on the three winners you can have,
The best of anything you want as I stated.

I do not have lay horses for a living or trade them or arb them,
After 20 years of ************ hard work losing countless thousands,
Along the way I can now back them for a living.

The point of my post was to show that certain statistical data,
Can be bad to bet on & I gave an example.

You immediately refuted it with what you had done previously,
Which had nothing to do with the DATA I posted.

I cannot be bothered checking what Betfair did with the three winners,
The dates are there check them for yourself.

I have offered several types of dividends you can have,

Unlike some here I do not make outlandish statements
About my posts it is all factual & I can back it up.

YOU find out what was last traded or given on those three winners,
If you won't I will get a pro-punting mate of mine who lays for a living,
And I will tell you.

You have all the necessary data in the post.

You reckon my bloods boiling it is.
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  #44  
Old 25th July 2015, 11:11 AM
garyf garyf is offline
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Join Date: Oct 2011
Posts: 366
Angry

Quote:
Originally Posted by garyf
Doesn't matter to me what Betfair last traded matched,
Gave as S/Price W.A.P on the three winners you can have,
The best of anything you want as I stated.

I do not have lay horses for a living or trade them or arb them,
After 20 years of ************ hard work losing countless thousands,
Along the way I can now back them for a living.

The point of my post was to show that certain statistical data,
Can be bad to bet on & I gave an example.

You immediately refuted it with what you had done previously,
Which had nothing to do with the DATA I posted.

I cannot be bothered checking what Betfair did with the three winners,
The dates are there check them for yourself.

I have offered several types of dividends you can have,

Unlike some here I do not make outlandish statements
About my posts it is all factual & I can back it up.

YOU find out what was last traded or given on those three winners,
If you won't I will get a pro-punting mate of mine who lays for a living,
And I will tell you.

You have all the necessary data in the post.

You reckon my bloods boiling it is.


Looking at every bet at top fluctuation or b/o3 or S/P,
The average lay was $3.5.

The above two methods will beat anything betfair can offer,
Thanks to a forum member I have done the comparisons.

You can have the choice of anything you want (+ 5%) & no premium charge nothing.
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  #45  
Old 25th July 2015, 11:39 AM
Rinconpaul Rinconpaul is offline
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Join Date: Feb 2013
Posts: 755
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Let's clear a one thing up first:

1/ I'm not refuting the facts that you presented or casting aspersions on your integrity or otherwise, and am sorry you think I have. Apologies no ill will ever intended, or inferred.

OK seeing as your adamant about pursuing your example. It's not the price of the 3 winners that's important to a liability Layer, as if he's laying for a $1k liability, he's just lost $3k. The important part is what is the price for the 21 losers, and what will be his return on those? Needs to be at least $152 to break even.

Your example looks pretty good, as they'd have to be priced worse than $7.50 BFSP each for the layer to lose overall. I'm sure they're less than that and your system profitable, however the point I was trying to get across to readers was, that's not always the case (as per my example), and to be cautious to do the calculation using Lay prices for whatever scenario they're considering.
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  #46  
Old 25th July 2015, 12:03 PM
garyf garyf is offline
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Join Date: Oct 2011
Posts: 366
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Quote:
Originally Posted by Rinconpaul
Let's clear a one thing up first:

1/ I'm not refuting the facts that you presented or casting aspersions on your integrity or otherwise, and am sorry you think I have. Apologies no ill will ever intended, or inferred.

OK seeing as your adamant about pursuing your example. It's not the price of the 3 winners that's important to a liability Layer, as if he's laying for a $1k liability, he's just lost $3k. The important part is what is the price for the 21 losers, and what will be his return on those? Needs to be at least $152 to break even.

Your example looks pretty good, as they'd have to be priced worse than $7.50 BFSP each for the layer to lose overall. I'm sure they're less than that and your system profitable, however the point I was trying to get across to readers was, that's not always the case (as per my example), and to be cautious to do the calculation using Lay prices for whatever scenario they're considering.


POST 44 will give you that info which again B/O/3,
Or S/P will beat anything betfair has to offer.

So using the above summary the average Lay price,
Is $3.5 per selection which again is better than what Betfair will give.

Then take out the percentage charge you are on at Betfair

The $3.5 does not contain this.

I understand what you are saying re the difference,
Between what you calculate the losers & what you have to actually,
Lay at.

So if any of the other losers had won the max payout using the two,
Dividends I have surveyed would have been around $3.5.

Hope this clears it up.
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