Well the crowd were certainly wise with the first Maximum Bet yesterday, Beau Fighter absolutely hacked up at an sp of 7/2. As mentioned, every member of the group selected this to be in the first three and the vast majority of them did select it as their choice of winner. So well done to them if they are reading.
So yesterday saw 4 bets with two winners, returning a profit of £240.00 on the day.
The initial starting bank of £1,000 now stands at £1,480.00 after 5 days. In total there have been 16 bets with 8 winning which are as follows.
Qadar each way 3rd 11/1 sp
Arriva La Diva each way 3rd 50/1 sp
West Ham v Blackburn over 1.5 goals @ 1/3
Wolves v West Brom over 1.5 goals @1/3
Celtic Dane Lay @ 7/2
Overton Lad each way 2nd 5/1 sp
Make My Dream win 1st 5/1 sp
Beau Fighter Max Bet each way 1st 7/2 sp
So a decent strike rate and i have a feeling that if i could adjust my staking in some way, profits could be increased so i will have to look into that at some point.
30 May 11
27 May 11
26 May 11
25 May 11
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Wisdom Of Crowds
Comments: 4
I'm very intrigued on how this is done Mastiffs. Well done can you tell us more about it?
Thank you angel, boro. To be honest boro there is not much more to tell. This is not inside information btw and to be honest the selecting of horses has nothing to do with me. In fact i'm not sure i would have chosen any of them myself. What i did was i managed to get together a group of approx 50 people who have an interest in horse racing. They come from all walks of life and i am fairly confident that none of them have any contact with each other. That is probably the most important factor in this. I did two previous studies with groups just paper trading as an experiment with amazing results. I went back through a load of old newspapers and compared the results with racing journalists and from a point of profit, the so called experts got slaughtered. I send the group a list of races and ask them to give me their 1st, 2nd and third choice of winner and they e-mail there results back to me before midday on the day of racing. I then also added football into the equation and on occasions asked them to give me a correct score on premiership games. The whole theory revolves around something you used to see at a fair where people would be asked to guess the weight of something. It was discovered that the average guess was actually very very close to the correct amount. And that is it really.
3.35 York 2pts each way Ubi Ace