was tested by us over 1000 bets between April 1 2011 and July
1 2011 to July 19 2011 - 1000 bets - 249 winners (24.9%) and 555 place
bet with a flat level staking approach of $50 per bet and NEVER
INCREASED this amount. The $50 represented 5% of our available
test bank when we began on April 1 but, significantly, represented
just 0.4% of our bank on July 19 at the conclusion of our 1000 bet
test. What this means is that, at this constant level, we would now
have to back about 230 CONSECUTIVE LOSERS to go back to our starting
position. This is unlikely to happen with an average 1 in 4 win strike
invested equally for the win and place during the 1000 bet test. We
didn't invest on a flat % rate basis as we wanted this to be a
total set and forget method that could be implemented
by anyone with no time to operate race to race during the week and
weekends, hence the initial 5% bet of our bank and we just left it
at that and, most importantly, we were comfortable doing this - no
stress or pressure!
the winning amount have been better if you betting on Betfair? Undoubtedly
but then you would have to be on your computer and available seven
days a week to place the bets on your Betfair account which would
have defeated the set and forget target.
So what were the profit margins on the TAB? We used
our Victorian TAB linked account and the results are as follows:
Win bank profit after 1000 bets: $11425
(profit on turnover 22.85%) Average win dividend from the 249 winners
Place bank profit after 1000 bets: $6134
(profit on turnover 12.27%) Average place dividend from the 555 placegetters
was $2.02 (some races only 2 places paid)
Win bank $2970 - Place bank $1491
Win bank $4915 - Place bank $2115
Win bank $2595 - Place bank: $2592
2011 profit: Win
bank $945 - Place bank: $ -
62 (to conclusion of 1000 bet test on July 19 2011
Saturday only bettors: the win and place strike rate was very marginally
lower but profit on turnover was higher at 25.1% for win betting and
17.5% for place betting - why? Better average dividends through larger
pools and more starters with a real chance.)
Do you bet on
all races? We bet on most but certainly
not all. We don't bet on maiden class races, jumping events, races
with less than five starters or on any country/provincial races in
South Australia but everywhere else is fine.
Why don't you
use this for betting on provincial races in South Australia?
We don't like flat out gambling.
Is it really
a "set and forget" method? Yes. All selections
are known as soon as scratchings are available We generally work out
the "potentials" the night before and as soon as scratchings
are known it's about a two minute job to decide which runner on any
of the multi choice races is the "final" selection.
How long does
it take to do the initial selection / elimination process then? I've
been doing this now for some months and so it takes me about 20 minutes
to do the initial work for each day's racing - longer for metro meetings
as there are not as many maiden events which are initially eliminated
in total. I do it all electronically though (click
here for more info) - it really is a huge time saver. Initially
I would think it would take you about half an hour to do it once you
get in to the swing and order of the rules.
So how many
rules are there that I have to worry about? Well, absolutely
none if you just want to throw money away and back a whole heap of
losers. If you want to use this method though there are 12 initial
elimination rules that leave you with between 1 and 5 contenders.
In the "secondary section" there are then three "final
rules" to sort out the wheat from the chaff and rules, that because
of their finesse, take a minute or so extra per race and take a bit
of thinking about. In other words, if you have never really looked
at a form guide before or even thought about it, this is probably
not for you :-).
Why are there
not results in your workout between April 28 and May 6?
Well, sad to admit, I was in Las Vegas playing poker (shame! shame!
shame!) so what the results were I have no idea and haven't looked
so I have no idea or, importantly, regrets!!
Is this available
as part of your Whole Box & Dice package? Yep -
here if you are interested in that. If you just wish to purchase
as a stand alone item click on the button below.
- Thoroughbred Horse Racing System
LONGER AVAILABLE FOR INDIVIDUAL PURCHASE - STILL AVAILABLE AS PART
OF THE WHOLE BOX & DICE
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