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-   -   One system that forms a foundation (http://forums.ozmium.com.au/showthread.php?t=29994)

darkydog2002 11th April 2015 10:31 AM

Follows the nature of Racing.
Run of Wins followed by a run of losses.

The Ocho 11th April 2015 11:47 AM

Quote:
Originally Posted by Vortech
did a lot of testing of his systems to find they made profits for around a year then most went into losses for future periods

A while back I tried out his backing the 3rd fav in the first 6 races in time order which went okay for about 3 months then fell in a hole.

I was also trying out a system myself that went good for 4 months and then down the tubes.

Chrome Prince 11th April 2015 12:34 PM

Quote:
Originally Posted by darkydog2002
Follows the nature of Racing.
Run of Wins followed by a run of losses.


That would be fine, it's the in between ups and downs where there are random patterns that get you.

aussielongboat 11th April 2015 12:40 PM

as a general comment IMHO its very hard to get that last 10% of POT to make you a long term winner.

any number of systems can can you down to about -5%.
but that's no good really as you still lose money.

darkydog2002 11th April 2015 12:57 PM

The main reason I multi- bet in the main Aussie.

Tipsy 23rd April 2015 09:36 PM

Quote:
Originally Posted by darkydog2002
A Dud in its present form.Imagine the frustration of beavering away over that number of bets and be behind 4+% at the end of it.

I would,nt be looking for any insight with the No Brainer as that was also a dud.


No it wasn't darky.

darkydog2002 24th April 2015 09:27 AM

Hi Tipsy,
Then I guess you modified it a fair bit to make it work.
And isn,t that what systems are really about in the main (A first step)

By the way did Crash fall off the perch?

Cheers

Shaun 24th April 2015 01:59 PM

The reasons that most systems go ok for awhile then fall in a hole is because they don't take in to account the strength of the race for different times of the year, even ratings can suffer this problem.

As far as backing multis there is no difference in backing 1 runner a race or backing 3 the strike rate + the average price still needs to be higher than the outlay, if you think of each bet as a separate bet it works best, why would you continue to back a selection that wins constantly at 15% but average price is $5, just makes no sense.

darkydog2002 24th April 2015 03:39 PM

Very true.
What works effectively for me is adding 1 to the number of selections and accepting nothing less than that price.
i.e 5 selections in a race I want a minimum of $6.
Over the long term one can never go broke unlike those of the 1 selection per race persuasion.
For me to bet 1 horse per race it would need to be asessed price around $1.30.
In other words generally the price one gets is a massive overlay.
These are few and far between.
1.e Kilcoy R 6 asessed $1.28 Price got was $21
It lost but there are so many that win and adds to the yearly bottom line.

What ever way one chooses it must make sense and suit ones own comfortability and risk.

Cheers

The Ocho 24th April 2015 03:48 PM

Quote:
Originally Posted by darkydog2002
Very true.
What works effectively for me is adding 1 to the number of selections and accepting nothing less than that price.
i.e 5 selections in a race I want a minimum of $6.
Over the long term one can never go broke unlike those of the 1 selection per race persuasion.
For me to bet 1 horse per race it would need to be asessed price around $1.30.
In other words generally the price one gets is a massive overlay.
These are few and far between.
1.e Kilcoy R 6 asessed $1.28 Price got was $21
It lost but there are so many that win and adds to the yearly bottom line.

What ever way one chooses it must make sense and suit ones own comfortability and risk.

Cheers

So darkydog2002, does that mean that you don't bet at all if all 5 selections are not over $6 or you bet on only the ones that are over $6? So you may bet on 2 or 3 selections out of the 5 if they are over $6. Is that right?


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