New Posts For Thread: HORSE RACES AND USING KELLY CALC and IR BETS STEP3https://community.betfair.com/general_betting/go/thread/view/94082/23469386/horse-races-and-using-kelly-calc-and-ir-bets-step3With paper attempts to use KELLY CALCULATOR for betting on horse races, the following results were obtained -ATTEMPT 1 : LOSS of 1,000 pointsATTEMPT 2 : PROFIT of 1,107 pointsSo over all with paper bank made a small profit on thrAs STARTING BANK was £370.08 on this thread , I trust even lee h2 will note that ,because I ran this thread and was posting EARLY , over a 4 day period such a £ 980.99 , before commission, difference has a huge effect on ROI etc..........Over thehttps://community.betfair.com/general_betting/go/thread/view/94082/23469386/horse-races-and-using-kelly-calc-and-ir-bets-step3?post_id=419156306#419156306As STARTING BANK was £370.08 on this thread , I trust even lee h2 will note that ,because I ran this thread and was posting EARLY , over a 4 day period such a £ 980.99 , before commission, difference has a huge effect on ROI etc..........Over theWed, 25 Nov 2009 12:01:00 -0600Similar to ATTEMPT 2 thread .......as I never used FULL KELLY staking or had the advantage of taking BF SP odds compared to odds grabbed EARLY due to running this thread........then substantial additional profit would have been made as follows -112.9https://community.betfair.com/general_betting/go/thread/view/94082/23469386/horse-races-and-using-kelly-calc-and-ir-bets-step3?post_id=419156286#419156286Similar to ATTEMPT 2 thread .......as I never used FULL KELLY staking or had the advantage of taking BF SP odds compared to odds grabbed EARLY due to running this thread........then substantial additional profit would have been made as follows -112.9Wed, 25 Nov 2009 11:33:33 -0600Muqbil - Thanks for your advice.I've known for sometime that I do have "problems" with football betting due to not accepting a LOSS will possibly be made once something occurs in match that goes against the main bet. I know that this is ridiculous wahttps://community.betfair.com/general_betting/go/thread/view/94082/23469386/horse-races-and-using-kelly-calc-and-ir-bets-step3?post_id=419156246#419156246Muqbil - Thanks for your advice.I've known for sometime that I do have "problems" with football betting due to not accepting a LOSS will possibly be made once something occurs in match that goes against the main bet. I know that this is ridiculous waWed, 25 Nov 2009 09:06:12 -0600Drop the football and concentrate on the horses. With the amount of racing, it's virtually impossible to put enough time into both sports.https://community.betfair.com/general_betting/go/thread/view/94082/23469386/horse-races-and-using-kelly-calc-and-ir-bets-step3?post_id=419156222#419156222Drop the football and concentrate on the horses. With the amount of racing, it's virtually impossible to put enough time into both sports.Wed, 25 Nov 2009 08:28:18 -0600BTW the horse racing was with 190 markets"https://community.betfair.com/general_betting/go/thread/view/94082/23469386/horse-races-and-using-kelly-calc-and-ir-bets-step3?post_id=419156178#419156178BTW the horse racing was with 190 markets"Sat, 21 Nov 2009 18:03:17 -0600Since 10th November 2009 from £150 starting bank for KELLY STAKING purposes trial run on horseracing Won on BF............... £ 255.91Lost on TOTE............. ( 6.82 ) ----------------Net PROFIT horse races £ 24https://community.betfair.com/general_betting/go/thread/view/94082/23469386/horse-races-and-using-kelly-calc-and-ir-bets-step3?post_id=419156174#419156174Since 10th November 2009 from £150 starting bank for KELLY STAKING purposes trial run on horseracing Won on BF............... £ 255.91Lost on TOTE............. ( 6.82 ) ----------------Net PROFIT horse races £ 24Sat, 21 Nov 2009 18:01:57 -0600Typically I keep off this thread most of day and my selections mainly win ......oh well a profit after timed is better than none :DHorse Racing: £52.34 Horse Racing Showing 1 - 18 of 18 markets Market Start time Settled date Profit/loss (£) Horhttps://community.betfair.com/general_betting/go/thread/view/94082/23469386/horse-races-and-using-kelly-calc-and-ir-bets-step3?post_id=419156170#419156170Typically I keep off this thread most of day and my selections mainly win ......oh well a profit after timed is better than none :DHorse Racing: £52.34 Horse Racing Showing 1 - 18 of 18 markets Market Start time Settled date Profit/loss (£) HorSat, 21 Nov 2009 08:56:51 -0600Been doing small bets on horse racing and had a few winners ...so £33 up there ......just doing this today as need a break from doing the thread.https://community.betfair.com/general_betting/go/thread/view/94082/23469386/horse-races-and-using-kelly-calc-and-ir-bets-step3?post_id=419156166#419156166Been doing small bets on horse racing and had a few winners ...so £33 up there ......just doing this today as need a break from doing the thread.Sat, 21 Nov 2009 08:05:12 -0600Horse Racing Ascot 21st Nov : 2m6f Hcap Hrd Showing 1 - 4 of 4 Selections Selection Odds Stake(£) Bid type Placed Profit/loss(£) Easter Legend 14.00 3.00 Back 21-Nov-09 13:21 39.00 Easter Legend 1.42 12.00 Lay 21-Nov-09 13:23 -5.04 Gold Reefhttps://community.betfair.com/general_betting/go/thread/view/94082/23469386/horse-races-and-using-kelly-calc-and-ir-bets-step3?post_id=419156162#419156162Horse Racing Ascot 21st Nov : 2m6f Hcap Hrd Showing 1 - 4 of 4 Selections Selection Odds Stake(£) Bid type Placed Profit/loss(£) Easter Legend 14.00 3.00 Back 21-Nov-09 13:21 39.00 Easter Legend 1.42 12.00 Lay 21-Nov-09 13:23 -5.04 Gold ReefSat, 21 Nov 2009 06:45:58 -0600My first bet today was on the LAVELLE one Qianshan Leader so hada wee back on EASTER LEGEND and Gold Reef in the recent race so about break-even today on horse racing so far.......may do 1 or 2 more yet.Ascot 1.30 1st 1 Easter Legend 7-1 2ndhttps://community.betfair.com/general_betting/go/thread/view/94082/23469386/horse-races-and-using-kelly-calc-and-ir-bets-step3?post_id=419156158#419156158My first bet today was on the LAVELLE one Qianshan Leader so hada wee back on EASTER LEGEND and Gold Reef in the recent race so about break-even today on horse racing so far.......may do 1 or 2 more yet.Ascot 1.30 1st 1 Easter Legend 7-1 2ndSat, 21 Nov 2009 06:44:02 -0600