Mark does a Maria
 

Well here goes.

Starting bank $2000
Same rules as Maria.
0 - 3.50 = 1%
3.55 - 7.40 = 0.6%
7.6 - 11.0 = 0.4%

Increase bets as bank increases, but only decrease bets if bank reduces by 35% from its peak.

Day 1

Scone
R1 7 COVET IN GOLD
R2 6 CALGA
R3 11 LES'S LASS
R4 6 LANSZAR
R5 7 KHARGOSH
R6 10 CHANCE OF LIGHTNIN
R8 5 FULL BENCH

Warrnambool
R1 6 GELDOF
R2 1 MARCH IN STYLE
R3 11 SNAKIE
R4 3 FOUR LEGS GOOD
R5 5 GENERAL REFLECTION
R6 4 SUPER PINS
R7 3 SHADES OF DANE
R8 5 GENEROUS TRISTANA

Good luck, Mark.

Quite a few of them are well favoured in the Telegraph pre-post market.

Cheers Michael. I don't look at prices when I do the form.

This really has me thinking. Maria finished with a strike rate of 86% and didn't seem to lay a lot of real shorties. She also had quite a few losing days, yet still finished way out in front. Can any of the stats people run the following?

Laying numbers. ie blindly laying 1,2,3,4,5 etc
Laying jockeys.
Laying barriers.
Laying opening/closing fav, 2nd fav, 3rd fav etc

Anything that has a strike rate of say, less than 20% may be a goer.
Obviously she had a decent selection method, but the real gold may be in the staking. I don't know.

ps I should add, today's bets will be $20, $12 and $8.

I HAVE TO GO OUT, SO WON'T BE LAYING THE LAST AT WARRNAMBOOL OR THE LAST AT SCONE.

Well, not being around for the last at Scone was a blessing. Well done, Mark. Break out the smilies :)

What a day !!

Scone
R1 7 COVET IN GOLD No Bet *
R2 6 CALGA 3.36F **
R3 11 LES'S LASS 4.60
R4 6 LANSZAR No Bet ***
R5 7 KHARGOSH No Bet
R6 10 CHANCE OF LIGHTNIN No Bet
R8 5 FULL BENCH No Bet ****

Warrnambool
R1 6 GELDOF 6.40
R2 1 MARCH IN STYLE No Bet #
R3 11 SNAKIE 7.40
R4 3 FOUR LEGS GOOD 9.16
R5 5 GENERAL REFLECTION 8.0
R6 4 SUPER PINS 5.80
R7 3 SHADES OF DANE No Bet ##
R8 5 GENEROUS TRISTANA No Bet ###

A clean sheet for the first day. An excellent start, not without its drama's.

* Just as I was about to place the bet, my whole system froze. Not happy Jan. No bet so not recorded.
** Average price as I laid it at 3.80 ($12), then more when it came in to 3.40 ($6), then there were late scratchings. Total bet $18. It ran last.
*** Totally misread the market and missed laying at 8.80, seconds later it was 14.0.
**** My lucky day. I had to go out so did not lay this winner.
#Drifted fast, 8.0, 10, 12, so I missed laying this one.
## Traded at more than 10, will explain below.
### I was out so missed this one.

Apart from the winner in the last at Scone, not one of the others ran a place.

The only change I am going to make is to lower the outside price range to 10.0 instead of 11.0. I felt uncomfortable at the thought of laying one out at more than 10.0.

In summary, 15 selections, 7 bets, 0 winners.
Nett profit $77.90, or 3.89% of bank.
New bank $2077.90.
New bets $20.77, $12.46 and $8.31.

Well done, Mark.

The "accident" that you thankfully missed I believe is unimportant because there may most probably be other races that for one reason or another you will also miss that would be profitable as per Scone race 1 no.7.

Are you going to keep records of the results of each price band? I think Maria wasn't too enthused with the results of the selections in the $0 to $3.50 range.

I'm curious to know how you can bet amounts that include cents. My betfair account is in pounds sterling and as far as I know our bets can't include pence.

Mark does a Maria
 

My Betfair A/C is in Aussie dollars, even when I use my UK envelope.

My BF account is the same as Burrah's.

Great start Mark.

Impressive going!