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  #11  
Old 26th September 2012, 05:18 AM
Vortech
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Thanks CP, one year was a little inconclusive.

I re-run the Saturday Metro results and get very similar results to yours over my data.

It is interesting that the starting price rating is irrelevant in the strike rate of a horse winning long-term.

Basically the price is the factor and a horse can be ranked 1, 2, 3 or 4 in starting price rankings and yet the strike rate per win stays the same.
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  #12  
Old 27th September 2012, 02:56 PM
UselessBettor UselessBettor is offline
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Quote:
Originally Posted by Chrome Prince
I have a bit more data, so here's how it looks:

1.1 to 1.5 606 races, 441 winners +1.53% POT SR 72.77%
1.6 to 2.0 2848 races, 1368 winners -12.79% POT SR 48.03%
2.1 to 2.5 4297 races, 1646 winners -11.75% POT SR 38.31%
2.6 to 3.0 5092 races, 1572 winners -13.95% POT SR 30.87%
3.1 to 3.5 4940 races, 1327 winners -11.71% POT SR 26.86%
3.6 to 4.0 3550 races, 804 winners -14.69% POT SR 22.65%
4.1 + 3656 races, 683 winners -12.38% POT SR 18.68%

This was Saturday metro only.

This data supports that the heavy favs are underbet and good value ($1.10 - $1.50).
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  #13  
Old 27th September 2012, 03:02 PM
Lord Greystoke Lord Greystoke is offline
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Quote:
Originally Posted by UselessBettor
This data supports that the heavy favs are underbet and good value ($1.10 - $1.50).


I concur, UB. What might be best way to stake for these based on 3 different risk profiles, I wonder...

1. lower risk/return
2. medium
3. higher risk/return etc

???

LG
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  #14  
Old 27th September 2012, 03:08 PM
Barny Barny is offline
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Quote:
Originally Posted by UselessBettor
This data supports that the heavy favs are underbet and good value ($1.10 - $1.50).
1.53% is not good value at all. It's only a few losing bets away from break even then there's loss chasing at ODDS ON !! Quick recipe for disaster !!! One Eddie Birchely tried and failed, and he was much more selective.

Last edited by Barny : 27th September 2012 at 03:12 PM.
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  #15  
Old 27th September 2012, 03:11 PM
Lord Greystoke Lord Greystoke is offline
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We needn't back every one of them, Barny - check TMV's post No. 7 above.

LG
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  #16  
Old 27th September 2012, 03:14 PM
Barny Barny is offline
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LG, you've got to have a screw loose to contemplate any sort of method for backing at prices 1.10 to 1.50.
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  #17  
Old 27th September 2012, 03:21 PM
Lord Greystoke Lord Greystoke is offline
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One man's loose screw is not necessarily another man's noose?

Please elaborate by way of example(s), if possible...

LG
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  #18  
Old 27th September 2012, 03:25 PM
Barny Barny is offline
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LG, you know as well as I do the risks. How'd you go WHEN two in a row get rolled. How's you psyche for starters, not to mention that fact that you now need probs 8 winners in a row ..... You can look at this as much as you like on paper LG ..... It's not a Term Deposit we're looking at here !!
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  #19  
Old 27th September 2012, 03:47 PM
Lord Greystoke Lord Greystoke is offline
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Quote:
Originally Posted by Barny
LG, you know as well as I do the risks. How'd you go WHEN two in a row get rolled. How's you psyche for starters, not to mention that fact that you now need probs 8 winners in a row ..... You can look at this as much as you like on paper LG ..... It's not a Term Deposit we're looking at here !!


That's just 'the thing' here, Barny - as with all games of chance, the concept of risk is partly mechanical = stats,logic etc and partly subjective = feelings, thoughts, conditioning etc Which means I don't just know what is in your head on risk.. how can I when we have 2 different approaches, perceptions etc ??

Same as it ever will be.

However, if there is a structure in place to manage risk and clean execution on this PLUS the S/R is positive over the longer run for all selections i.e. before we get selective on the events we wish to follow, select etc, then there is at least some chance of coming out ahead at this end of the book OR at worst, the potential to make a smaller loss imho

LG

PS I dont have the longer term stats in front of me to concur on needing 8 winners in a row. From what I have seen to date (which isn't much), a run of 6 might just do the trick!

PSS don't get me started on TD's !! There are far more 'safer bets' with a higher probability of a 'real return' than these..You may find that for this reason alone, a TD is far more complex an instrument than what we are discussing here?
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Last edited by Lord Greystoke : 27th September 2012 at 03:52 PM.
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  #20  
Old 27th September 2012, 04:29 PM
Vortech
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I'm sure you can often get 5 to 10 cents or more on offer to increase the POT.

With the large amount of bets I agree with LG on this one.

There are more risks taking on a large POT with 100 bets over 20 years than this.

Last edited by Vortech : 27th September 2012 at 04:32 PM.
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