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#11
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I have been trialing this with real $5 lay bets since only last Wednesday 6 Feb.
So far there have been 39 bets for 30 winning lays and 9 losing lays giving a return of $67.09 after commission of 6.5% (76.9% SR). TheSchmile's Gretchen was a lay pick today. So far with my testing there have been 170 bets with 43 losing lays (74.7% SR). I will place $200 aside for this and use the $5 level stakes method but I will use a percentage of bank rather than pure level stakes. This will be 2.5% of the $200 bank so starting at $5 lay bet. The bet amount will then increase if the bank increases and stay at that higher level should there be any loses (ratchet staking). This started today with 3 successful lay bets.
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Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.” ― Earl Nightingale |
#12
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By the way, does anyone know of the strike rates per price in the $2 to $3 price range laying on betfair?
Just round figures: I assume a $2 horse would win 50% of the time. Would a $3 horse win 25% of the time? What about a $2.50 horse? Would they split the difference and win 37.5% of the time (round figures)? I'm just wondering.
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Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.” ― Earl Nightingale |
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