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"Looking for value "

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Replies: 83
By:
Get On MASSIVE
When: 22 Jun 13 15:04
sheppy123
Date Joined:     28 May 12
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22 Jun 13 13:53 Joined: 28 May 12 | Topic/replies: 119 | Blogger: sheppy123's blog
sheppy123 21 Jun 13 09:20 Joined: 28 May 12 | Topic/replies: 117 | Blogger: sheppy123's blog

There are tennis players that are 1000 to win Wimbledon that would surely win it in less than 1000 attempts. Even though their true odds should be much less, it's so unlikely that they'll win that 1000 still seems like a safe lay.
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Get On MASSIVE - Show me where I said that something is a "safe lay" at 1000? You can't cos I never said it! Who's talking crap now!
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Read the above where you said it.
By:
freddiewilliams
When: 22 Jun 13 15:14
3.5 fav slips up at ascot......2077 traded at 1000Laugh
By:
sheppy123
When: 22 Jun 13 15:23
Get On MASSIVE - Phew! I wish you all the best but I think we're getting our wires crossed. To me "A safe lay" at 1000 means that there's no chance of them winning. I think completely the opposite.
By:
tobermory
When: 22 Jun 13 16:38
He says 'seems like a safe lay' in a post where he is stating that they should be much shorter, so to me he is saying it is not.
By:
sheppy123
When: 22 Jun 13 16:56
Get On Massive - I'm REALLY sorry! I've just read my post from yesterday and it really is confusing!

"There are tennis players that are 1000 to win Wimbledon that would surely win it in less than 1000 attempts. Even though their true odds should be much less, it's so unlikely that they'll win that 1000 still seems like a safe lay."

It sounds like I'm contradicting myself saying that I think that 1000 is a safe lay!

What I meant was... People feel safe laying at 1000 cos there's no way they're gonna win.

So you're right, I did say "safe lay" I appologize deeply, but it was meant in a different context! Sorry, I think I've taken over this thread!!!
By:
DFCIRONMAN
When: 22 Jun 13 17:07
Thanks for making the point tobermoray.

FRANKEL obviously is an exceptional horse and would be TOP RATED in every race.....if I rated the race probably.

It would be odds on in every race....and would be likely to win.

Such extreme odds on shots IF THEY ARE TOP RATED........then I certainly would not back it to win at such low odds.......However, the SFC type bet would then be the bet choice with FRANKEL being the winner...and 2nd top and 3rd top rated horses being in SFC to be 2nd ( 2 bets etc ).

Most favourites are NOT odds on shots.....and not as good as FRANKEL.

I'll check to see if there was a race rated that had an odds on shot in it on 6th March 2009 to see how I rated it and what result was......
By:
DFCIRONMAN
When: 22 Jun 13 17:11
16:50  Yeomy Hcap Chase 5yo plus 2m 7f 110y Class 4 11 runners Good to Soft Soft IP

1,Sea Cadet                                   2ND 10-1 3RD FAV  1&2:£2.50 WITH FAV
2,Carnt Spell                33     
3,Donald Will Do             4 2ND FAV
4,Ballyvaden                                   1ST 4-5FStraight Forecast: £8.21  Tricast: £77.18  Exacta: £11.10 
5,Junctiontwentyfour           20
6,Jacarado                                        3RD 14-1  2&3 £8.20    WITH 3RD FAV  1&3:£4.10  WITH FAV
------NON-QUALIFYING BACKING RACE - BUT QUALIFYING LAY RACE
7,Nous Voila            25
8,King Coal           N/R
9,Kercabellec            50
10,Marked Man              18
11,Sir Brastias           33
12,Lescer's Lad            28
===================================================================


The 3rd fav was top rated......and finished 2nd......so"happy" with standard of ratings for that race.

The first 3 home were all rated above the line.....so again system up to a reasonable standard.

OK with that race would have lost due to odds on shot winning.....but that is only 1 race ...
By:
DFCIRONMAN
When: 22 Jun 13 17:15
Next race where odds on shot on that day was :-

19:50   Handicap 4yo plus 7f Class 5  11 runners Standard

1,Romantic Verse   12 4TH F  BFSP17.5  LOW ODDS IR 18
2,Dancing Maite                   3RD 14-1SP 5TH F BFSP 20  LOW ODDS IR 4    1&3:£29.90 
3,Royal Challenge                 2ND 40-1 SP  BFSP 49 LOW ODDS IR 8.8    1&2:£12.40  WITH FAV  2&3 £0.00. WITH 2ND TR
4,Mr Macattack                           1ST 4-6FStraight Forecast: £53.65  Tricast: £264.60  Exacta: £29.80 
5,Kipchak             11-2 JT 2ND/3RD FAV
6,Tri Chara          11-2 JT 2ND/3RD FAV
------------------------------------------------------------
7,Misterisland    N/R
8,Albero di Giuda      50
9,Sarwin              16
10,Rubenstar              20
11,Dhhamaan              100
12,Kabeer             40




A bit similar to the previous race in that the odds on shot won.......and the first 3 home were all above the line....


Happy enough with standard of ratings....though again this would be a losing race.
By:
DFCIRONMAN
When: 22 Jun 13 17:21
On the 6th March 2009 backing the first 5 favourites in market that are VALUE backs would have given
8.165 points profit after commission.......so even with 2 odds on ones winning the system stood up on ratings that day.
By:
DFCIRONMAN
When: 22 Jun 13 17:41
tobermory 22 Jun 13 14:40 
The RANK position of a horse in a rated race will for example then indicate a horse's chance of winning.

A horse say rated 3rd top rated is a 2-1 shot for comparison purposes. If the horse is 3rd top rated and is at SP odds of 3-1, then it is a "value" back.


DFC ,with that system you would have decided the 2nd/ 3rd favs would always have been value backs against Frankel . They were usually double figure odds, and even that was poor value against such a horse.

It's very simple to look at the form and decide which order horses should be in the betting but the probability depends on precisely how much better the favourite is than the 2nd fav etc

=============================================================================================


Generally i don't care how better the fav is to that of 2nd and 3rd favs etc....I just go by what RATINGS indicate are the value bets.

The "probability" ....that is the measure I use is just the RANK position being the indicator of odds/chances of winning........You got to "trust" the system even when you "like" a horse's chances of winning that the system does not rate highly!

I remember a GRAND NATIONAL race I rated ( the only one taken on) where COMPLY OR DIE was rated BELOW the LINE! Just no way i would have layed that one as.....I liked the horse's chance to win BUT THE SYSTEM DIDN'TSadSad........However, the system is generally "correct" and i am generally "WRONG"Silly
By:
DFCIRONMAN
When: 22 Jun 13 17:43
Found the race...
16:15            Chase (Hcnficap) Grade 3   (Class 1) (6yo+) 4m4f Good 30 fenães

1,Cloudy Lane     7-1JF
2,Snowy Morninç             `    3RD 16-1
3.Naunton Brook      !    6¶-1
4,Kelami                  66-1 0
5,Butler's Cabin0 ( 0    10-1 JT 3RD /4TH /5THFAV
6,Fundamentalist        (66-1M

7,Mr Pointment     0  `  25-1           
8,Point Barrow           25-1
9,Vodka Bleu              20-1
10,King Johns Castle          2ND 20-1Straight Forecast: ã148.57  Tricast: £2268.11  Exacta> £172.10  Trifecta: £466t.00 
11,Ardaghey              100-1
12,Turko                 33-1
13,Cornish Sett         80-1

14,Simon                 11-1
15,Iron Man              50-1
16,Bewleys Berry          12-1
17,Hi Cloy               
18,Dun Doire             33-1

19,Idle Talk              66-1
20,Knowhere              66-1
21,Nadover              125-1
-----------------m------------------------TOTE  WIN £8.90 PL £2.50, £4.60, £5.00, £3.10; Ex £172.10; CSF £148.57; TRICAST £2268.11Pool: £79,485.23, 12.10 w/u TRIFECTA £4664.00 Pool: £79,485.23, 12.10 w/u
22,Mon Mome          28
23,Bob Hall                100
24,Joaaci                66
25,Mckelvey            25
26,Hedgehunter         10 JT 3RD/4TH/5TH FAV
27,Comply Or Die                  1ST 7-1 JF NO WAY WOULD I HAVE LAYED THIS HORSE !
28,No Full            125
29,L'ami                33
30,Contraband         100
31,Chelsea Harbour        14
32,Madison Du Berlais  66
33,Baily Breeze          66
34,Philson Run          25
35,Black Apalachi         66
36,Backbeat            100
37,Slim Pickings                 4TH 10-1 JT 3RD/4TH /5THFAV
38,D'Argent           25
39,Milan Deux Mille  125
40,Tumbling Dice    100
By:
DFCIRONMAN
When: 22 Jun 13 18:37
If I had layed COMPLY OR DIE , then using the RANK POSITION and odds.....the other horses that should be layed were ....

RANK NUMBER
14
16
26
31
37


So damage on a lay winning would help to negate the loss on winner.....
By:
DFCIRONMAN
When: 22 Jun 13 18:38
Horses 34 and 38 would be too high odds to lay ....though technically they would be value lays according to RANK and ODDS position.
By:
I.quit.my.country
When: 23 Jun 13 05:46
There are lots of simple systems out there that return small ROIs year in, year out. But 1% ROI is not enough for your average 'all-in' 'I want it now' punter. Patience, mindset & money management is just as important as finding something that works (an EDGE).

definition of an edge: 'Something that works after several thousand bets'
By:
WolvesFanInWales
When: 23 Jun 13 17:24
Plenty of value on football in the lower leagues.

Work up a plan on analysing every game of every team around 5-7 different leagues and you will soon spot value, if team A is on a good run and team B is on a poor run of results then the bookies will side heavily on team A before looking how team A & team B actually played.

Analyse teams 'form' not results
Injuries/sus
Rumours/News
Fitness/Fatigue

Make it all easy accessible through spreadsheets, heat maps etc... alot of work and many many hours needs to be put in.

Is it worth giving up a full time day job ? well thats your decision.
By:
The Dragon
When: 25 Jun 13 17:42
i have produced a form based system thatb has given me consistant profits over a three year system. last season i had a 74% ROI
By:
kenilworth
When: 25 Jun 13 17:48
In your dreams, but understandable considering
your weakness for the hard stuff.
By:
The Dragon
When: 25 Jun 13 18:44
all true i have no reason to lie
By:
sweetchildofmine
When: 25 Jun 13 18:53
well done dragon and best of luck..you unfortunately will get the odd poster that believe just because they cant make it work, then neither can you.
By:
The Dragon
When: 25 Jun 13 18:57
thanks sweet child all my results can be viewed on another forum since i do not post my tips on here anymore due to the abuse i had to suffer from a minority off ill informed and misguided individuals. i am hoping that my system will continue to give me a healthy profit in the forthcoming seasonWink
By:
sweetchildofmine
When: 25 Jun 13 18:59
yeah tell me about it..ive had to resort to blocking certain posters, it just wasnt worth the hassle and wasnt any fun anymore, which is what the forum used to be
By:
kenilworth
When: 25 Jun 13 18:59
dragon, sorry about that dig of mine, as you didn't
deserve it considering your honesty. Mind you, 74% rpi,
is not possible IMO, perhaps you meant 7.4%
By:
The Dragon
When: 25 Jun 13 19:05
apology accepted ken sorry i should have Crazysaid strike rate not return on investment which for last year was around 17%
By:
The Dragon
When: 25 Jun 13 19:08
spot on scm the forum i go on has a smallnumber well informed individuals who share information and thoughts on all sorts of betting
By:
sweetchildofmine
When: 25 Jun 13 19:11
inbox the addy, is it the one gtfi runs or milan?
By:
The Dragon
When: 25 Jun 13 19:13
gtfi runs been going for about 18mths now has about 70 members. main problem is getting a wide level of contribution but its defo worth a look i will addy it
By:
sweetchildofmine
When: 25 Jun 13 19:18
received thanks, i'll have a look
By:
The Dragon
When: 25 Jun 13 19:20
no probs
By:
ZEALOT
When: 26 Jun 13 22:57
froggy - here are 2 edges that will win you money long term .



Horses - lay all UNLUCKY horses next time out .


Football - When UNDER 2.5 goals  is a clear favourite ---- and a goal is scored within 10 mins ----  BACK UNDERS straight after the game restarts .
By:
sweetchildofmine
When: 26 Jun 13 23:00
thats a good shout zealot..the vast majority of unlucky horses are over bet
By:
kenilworth
When: 26 Jun 13 23:43
Zealot, there are no point and click systems and your 2 edges
are doomed for that reason. Each bet has to be judged on it's merit,
especially when endorsed by 'sweety'!
By:
I.quit.my.country
When: 27 Jun 13 14:26
Zealot define 'unlucky' and there are hundreds of football matches 24/7, nearly every day of the year. That would take some managing.
By:
ZEALOT
When: 27 Jun 13 18:41
You dont know what unlucky means ?

What a fykin zombie u are Cry
By:
ZEALOT
When: 27 Jun 13 18:43
each bet DOES NOT have to be judged on its merit .
By:
sweetchildofmine
When: 27 Jun 13 18:45
exactly zealot..of course some of those ''unlucky'' horses will win next time out, buy they will invariably be a lot shorter than they ought to be
By:
I.quit.my.country
When: 27 Jun 13 20:00
no need to be rude is there Zealot?

I don't believe in luck so therefore don't believe in 'unlucky' horses. If you mean horses that find trouble invariably they will continue to find trouble - it's in their nature. So if you mean this - then yes - it is a generally well-known way of making money. Missing the break, falling, jockey mistiming his effort, etc is not 'unlucky' it's just bad performance in my eyes. Part & parcel of the sport if you like.

My account is in profit and ticking along nicely - not bad for a zombie. I use click and win systems btw. There are dozens out there. Like I said, people generally don't get a large enough sample size so give up at the first signs of trouble. Vice versa, they dive in headfirst after a small sample because it was looking good, only for the edge to be false and their money disappear. Poor bank management is another reason why most fail.

Finally, 1% ROI is not good enough for the 'want it now' punters. They don't have the mindset to be successful so ramble from one system to the next hoping to find a 'golden oak' that will give them 30%. You won't find it testing ten bets, it depends on the sport & potential turnover, but you need at least 500 in a sample IMO. Of course having the time and patience to test out systems is another factor in people failing.

It is incredibly boring, logging on and waiting for your selections all day long. There can be two hour breaks inbetween races. You can be watching some sh i te football all day long in Japan, Argentina or Turkey, etc. Then there is the rigmorale of getting matched at the price you want. So even if you do find the formula it doesn't mean you live a bed of roses.

I read a book on 'golden oaks' I forgot the author. I will dig it out sometime and post his 'golden oaks'. The fact he has written a book about it and potentially hundreds of readers using the same systems means they are probably useless now in all honesty. But I recommend reading it to give you an idea of how and why some simple things work.

The main thing for me is 'logic', is there a good reason why it's working and is it likely to continue? Backing your fourth best rated because it's the only way your sample returns a profit is obviously not logical and unlikely to continue. Similar to backing all horses beginning with R or something ridiculous. Is there sound logic? If so it could be an edge. Think outside the box and be prepared for the long haul.

A well known Golden Oak is laying short favs in heavy going. It works year in, year out, there is sound logic and will always continue. You won't make enough to retire but it all adds up and goes in the pot.
By:
JLivermore
When: 27 Jun 13 23:28
http://en.m.wikipedia.org/wiki/Falsifiability
By:
Trevh
When: 28 Jun 13 02:07
ROI is often confused for return on turnover, as seen here. My ROT was less than 2% last year but that represented a healthy 600% ROI :)
By:
gawdalmighty
When: 28 Jun 13 02:37
Its a betting forum/site, how is value ever obtained?

Simple equation: Bet Good value = high risk. Bet High risk = poor value.

I like to go with the latter and reap lots of poor value bets for high risk, each to their own.
By:
DFCIRONMAN
When: 28 Jun 13 10:41
How about jockey taking wrong course near end of race when in lead.......this surely is just down to BAD LUCK if you backed it...and GOOD LUCK if you get the winner after such an occurrence or layed the one not taking correct course.


Generally such an occurrence should not prevent you being a long term winner ....but LUCK does exist IMO with racing .......

Odd occurrences are more likely to happen in FOOTBALL though....such as one LIVERPOOL player scoring a good goal to give team lead...then sticking hand up to give penalty away , then biting opponent late in match! For 1 player to be involved in all 3 occurrences in 1 match is not run of the mill ......you might say just part and parcel of FOOTBALL, and it is, but on that game LUCK has taken a hand to effect outcome, as it often does in FOOTBALL betting.
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