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General Betting
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19 May 10
16:47
Joined:
Date Joined:
27 May 06
Was playing around in excel on my lays
730 Selections with 68 winners laid to a liability of
100.00 Gave a profit of 1821.77
The interesting part is, that if I could get my bets on
at an average of 2% lower price, I would have made a profit
of 2034.76 which is an increase in profit of 11.7%
At that, it pays to put in the extra effort to try and get
at least 1 tick better on each selection
Each 1% less in price meant about 5.8% in extra profit (on
my sample.)
Strike rate was 10.74 average winners price 8.53
Average price laid at was 12.03
All lays were over 1.99 and less than 24.10
730 Selections with 68 winners laid to a liability of
100.00 Gave a profit of 1821.77
The interesting part is, that if I could get my bets on
at an average of 2% lower price, I would have made a profit
of 2034.76 which is an increase in profit of 11.7%
At that, it pays to put in the extra effort to try and get
at least 1 tick better on each selection
Each 1% less in price meant about 5.8% in extra profit (on
my sample.)
Strike rate was 10.74 average winners price 8.53
Average price laid at was 12.03
All lays were over 1.99 and less than 24.10
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Replies: 12
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not really
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Ways of making extra profit is always of interest to me.
Sorry it was not interesting to you Delta. |
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Delta,
Winning thru maths and science is actually interesting to some of us who are to stupid to win any other way. best of luck with your methods. |
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interesting..
didnt think it would make some much difference!!!!! |
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it does, each tick is vital to the bottom line. I used to find 'chasing' that extra tick or 2 could dent the bottom line too. It's best, in my opinion of course, to have a pre defined profit, or indeed loss, that's acceptable to you and not beat yourself up over missed opportunities! i.e if only i'd have hung on a few seconds more....
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buzzer what I have been doing is ticking the sp lay box next to all runners, click on set sp odds limit put in 24.00
next to all runners and enter the same liability amount for each runner. With about a minute before the off I delete any runner that is equal to, or is more than my calculated price. |
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With about a minute before the off I delete
any runner that is equal to, or is more than my calculated price. I don't quite get the last bit... Are you creating your own tissue prices and then laying at Betfair SP any that are lower than your tissue ? |
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Yes that's what I do.
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Yes, makes a huge difference.
Though it may be cancelled out by being matched on fewer. |
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easy isn't it?
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tobermory Joined: 01 Mar 08
Replies: 11564 19 May 10 17:50 Yes, makes a huge difference. Though it may be cancelled out by being matched on fewer. Could be compensated by a proportionate increase in stake/liability. A good thread this. |
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Down 1 tick from 4.1 to 4.0 is a gain of 2.44% when laying
on my sample that would have given me a 14% profit boost down 1 tick from 5.00 to 4.9 is a 2% gain 5.0 2.00% 4.9 2.04% 4.8 2.08% 4.7 2.13% 4.6 2.17% 4.5 2.22% 4.4 2.27% 4.3 2.33% 4.2 2.38% 4.1 2.44% Incidentally last Saturday I had 44 lays in 8 races. 5 of those lays won and it still showed a profit before commission of 90.92. That was laying each runner to 100.00 Same race card at 2% better price would have been a profit of 106.37 a gain of 17% |