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  #1  
Old 6th May 2008, 04:09 PM
thorns thorns is offline
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Join Date: Aug 2007
Posts: 446
Default Place Betting system

Have been playing round with this one with some success, paper trading only so far.

Rules.

Check the opening prices from IAS
Back the opening price favourite if:
1. Horse is $2 clear of second favourite
2. Horse opens at 3.50 and under
3. Must be minimum of 8 horses

Results so far
(Exclusing todays results)
Outlay: 102
Return: 108.9
POT: 6.76%
S/R: 73%

Prices above were using IAS superprice, if you used betfair or could get best tote prices (don't know if best tote is offered anywhere???), results would obviously improve.

I'm sure using a few more filters could improve the results of this quite a bit, perhaps looking at fields of only 8-12.

If I get time, I will post the results for the days racing and see how it continues.


Any thoughts/suggestions, on any potential improvements will be welcomed.

Cheers
Paul

Last edited by thorns : 6th May 2008 at 04:18 PM.
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  #2  
Old 6th May 2008, 04:14 PM
Shaun Shaun is offline
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Join Date: Jan 1970
Location: Western Australia
Posts: 3,456
Default

Quote:
Originally Posted by thorns
Have been playing round with this one with some success, paper trading only so far.

Rules.

Check the opening prices from IAS
Back the opening price favourite if:
1. Horse is $2 clear of second favourite
2. Horse opens at 3.50 and under
3. Must be minimum of 8 horses

Results so far
(Exclusing todays results)
Outlay: 102
Return: 108.9
POT: 106.76%
S/R: 73%

Prices above were using IAS superprice, if you used betfair or could get best tote prices (don't know if best tote is offered anywhere???), results would obviously improve.

I'm sure using a few more filters could improve the results of this quite a bit, perhaps looking at fields of only 8-12.

If I get time, I will post the results for the days racing and see how it continues.


Any thoughts/suggestions, on any potential improvements will be welcomed.

Cheers
Paul



You better check your figures that P.O.T is incorrect based on those numbers.
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  #3  
Old 6th May 2008, 04:17 PM
thorns thorns is offline
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Join Date: Aug 2007
Posts: 446
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Haha, whoops, yes that is a bit optimistic. Will edit it
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  #4  
Old 6th May 2008, 04:39 PM
thorns thorns is offline
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Join Date: Aug 2007
Posts: 446
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Only two bets today, both at Sale

r1 no4- 1.11
r5-no5- 1.21

out- 2
in- 2.32
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