29th December 2005, 02:00 PM
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Member
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Join Date: Jan 1970
Location: Sydney
Posts: 402
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Quote:
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Originally Posted by Dale
Hi JFC,
Could you explain that in plain english please.
I dont get - "inverse proportion to (non-fractional) SP - i.e. 1/SP"
and what are you doing that aims to avoid the supposed trouble of fluke longshots.
Yeah i said supposed,it seems silly to me to have a system that tries to latch on to longshots and then when they arrive treat them as flukes,we are dealing with first up horses,of course there is going to be some very big priced winners.
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to Dale and anyone else unfamiliar with my type of notional staking when analysing results:
http://www.flatstats.co.uk/stats_guide_3.html
It roughly matches the A/E Value Index described above.
Some may term it "Dutching". I really wouldn't know as I've never bothered with that vague 2-edged sword.
Betting to implied probabilities might be a better term, but again that may illuminate some and confound others.
Anyway I recommend you read it and get a feel for it with a few examples.
Then later I'll try to show why this is far better than level stakes for analysis.
The link uses fractional odds like 7/4.
By non-fractional I meant decimal odds where 2.75 is "the same as" the above 7/4.
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