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-   -   Something Interesting? (http://forums.ozmium.com.au/showthread.php?t=27743)

michaelg 5th January 2014 11:52 AM

Something Interesting?
 
I have for a few days been looking at a small Lay system and have now completed it.

The rules are:

1) Minimum of 9 starters.
2) Outright top selection on Unitab ratings.
3) Lay the selection on Betfair's exchange for $5. (not SP)

The results from Wed 1 Jan (according to my calcs) are:

1 Jan - profit of $41.75
2 Jan - loss of $4.35
3 Jan - profit of $11.87
4 Jan - profit of $14.00

Total result - profit of $63.27. I realise this is dangerous as a large accident could do terrible damage.

The above figures include Betfair's take-out.

A loss is shown if the selections were layed on SP.

darkydog2002 5th January 2014 12:32 PM

Thanks Michaelg.

michaelg 5th January 2014 03:53 PM

Out of interest I've checked the results of three more days:

31/12 - a loss of $27.20
30/12 - a loss of $9.10
29/12 - a profit of $88.15.

Just a reminder that a loss would mave been suffered if they were layed on SP

michaelg 7th January 2014 09:04 AM

Out of interest I checked yesterday's (Monday) results for this method. There were 6 selections for 6 smiles. By my calcs that produces a profit of $37.40 from $5 lay bets. And checking $33 S.P. lay bets the profit would have been almost $50.


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