Making a profit with EW Doubles

and what happens if less than 8 run?

Wouldn't you be better taking 6 selections from each meeting and doubling them
eg 6 x 6 ..36 bets if you get a couple of winners at each meeting you would have 4 doubles
up..

Non runner 5:40 so updated bet as follows:

Doubles        Stakes for EW Doubles   
19:45 Greyville    20:20 Wolverhampton       
Cut And Polished    Excilly            40.00            WH 
Cut And Polished    Padlock            10.00            WH 
Cut And Polished    Unnoticed    10.00            WH 
Cut And Polished    Gentlemusic    7.50    3.65  Sportsbook       
Cherish The Charm    Excilly            32.50            WH 
Cherish The Charm    Padlock            7.50            WH 
Cherish The Charm    Unnoticed    7.50            WH 
Cherish The Charm    Gentlemusic    5.00    3.65  Sportsbook       
Your Worship            Excilly       25.00      Sportsbook   PP    Crl
Your Worship            Padlock            7.50      Sportsbook   PP    Crl
Your Worship            Unnoticed    7.50      Sportsbook   PP    Crl
Your Worship            Gentlemusic    5.00      Sportsbook       
           
    Total Stake    330.00

non bet 7 runners

So does the bookmaker give the stake back on all the doubles involving the 5.40 because there was a non-runner in the race?

as it was the first race I could wait until later on

Did they all hold the prices til you made yer mind up?

So you can't place your bets until just before the first race, and then you have to hope they'll be no non-runners in the 2nd race, and that the prices will be held, and that they'll take your bets.

the bookmakers are just what spreadsheet throws up saddo sp is fine

Result at sp: +£77.60 I got a bit more at available odds but who cares.

lets see, I will post to the end of october

I wish you luck PP. Let's hope I'm wrong come the end of October.

Good luck but it was actually a very good job there was a non-runner in the first bet you had put up, as it would have been likely you would have had a outsider winning the race and perhaps just 1 or 2 places doubles remaining.  Just shows the danger of the strategy.

That said, no strategy can be perfect or else everyone would be doing it.   Interesting to see your results. GL

Bet 1 + £77.60 Total +77.60 (at SP)
Bet 2 - £23.56 Total +54.04 (at SP)

Bet 3:
EW Doubles                  Stakes for EW Doubles
17:30 Ffos Las              15:20 Ffos Las       Stakes
Scorpiancer                 The Govaness         35.00
Scorpiancer                 Ballyhollow          22.50
Rock the Kasbah             The Govaness         35.00
Rock the Kasbah             Ballyhollow          22.50
Sir Ivan                    The Govaness         25.00
Sir Ivan                    Ballyhollow          17.50

Total Stake 315.00

Did you use to post as howtospendit or something similar? He had a thread like this only he'd dutch anywhere between the first 4 to 8 in the market. He said we'd be millionaires in a few months but after a few bad days he vanished.

I think you need to be a bit braver with your prices, or reduce to two selections each race. You could get a winner and a place from your races and still be down for the day.

The curse of the forum!

penny........you are doomed to failure ........nap

That is an issue with the strategy, you cannot take a price early due to the uncertainty of non-runners. no choice really other than take SP

The value comes from the fact that, in certain races, the place book is overbroke even at SP. This has been known for hundreds of years.

The question is, with this perming strategy, whether you are wasting the value with your win doubles that are going to lose.

The pure form of the strategy is to back ew on one of these bad (for the bookies) ew races and to lay off the win on Betfair at the same price or even better than the price obtained from the bookie.