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April 23, 2011 at 19:19 #351839
Todays Flat Results:
3:45 Sandown
45 points @ 9/2 (WH bog) Music Show
11 points @ 4.9/1 (betfair) Cityscape 2nd
7 points @ 8.4/1 (betfair) Dream Eater 3rd
-63 points4:20 Sandown
32 points @ 11/2 (WH bog)Kings Gambit 1st
Return 208 points
13 points @ 5/2 (WH bog) Afsare
(45)163 points profit
Days Stakes 108 points, Days Return 208 points,
Days Profit 100 points
Total Staked 201 points, Total Return 418 points,
Total Profit 217 points
Value Is EverythingApril 23, 2011 at 20:10 #351841Wish it was just £1 per point for that race Kingfisher.
I am happy enough with my days work.
Fair play to you Ginger,but i’m confused How can you bet in points that ‘fluctuate’,if as you say your 63 points are not to a level stake then what is the value of a point?
I could imagine that for arguements sake your points for Dick Turpins race were £10 a point then and you have lost £630,your points for Kings Gambits race could have been only £2 a point and you have won £416 less the 13 points on Afsare leaves a profit on the race of £390 but your profit on the day is still 100 points even though you could have lost £250 of real money! Please explain.April 23, 2011 at 20:16 #351843i don’t think he means the value per point that fluctuates, it’s the number of points staked mate
April 23, 2011 at 20:18 #351844nice profit on the day ginge.
April 23, 2011 at 20:56 #351857Wish it was just £1 per point for that race Kingfisher.
I am happy enough with my days work.
Fair play to you Ginger,but i’m confused How can you bet in points that ‘fluctuate’,if as you say your 63 points are not to a level stake then what is the value of a point?
I could imagine that for arguements sake your points for Dick Turpins race were £10 a point then and you have lost £630,your points for Kings Gambits race could have been only £2 a point and you have won £416 less the 13 points on Afsare leaves a profit on the race of £390 but your profit on the day is still 100 points even though you could have lost £250 of real money! Please explain.I don’t tell anyone how much a point is worth, should not have even said it is more than £1 per point, just making a joke about it.
Diamond is right, the value of a point is always the same (Until I either increase or decrease the value of every point, which usually happens once a season). Ignore the bit in brackets Kingfisher, it will only confuse you more.
If my stakes were £10 a point, then I would have lost £630 for 63 points gambled on that race.
However, the stake on Kings Gambit would have been £320 points (10 X 32) @ 11/2, returning £2080.The amount of points vary because of the horse’s chance of winning and how much value is in the bet. The amount of money a point is worth does not change.
Hope that explains things. Any more questions, please feel free to ask.Value Is EverythingApril 23, 2011 at 21:07 #351860nice profit on the day ginge.
Thanks Diamond.
Hopefully I will be able to maintain profit this time. Am in the habit of starting a season well and chucking profit away later in the season.
Value Is EverythingApril 23, 2011 at 21:30 #351867Wish it was just £1 per point for that race Kingfisher.
The amount of money a point is worth does not change.
Thanks for clearing that up Ginger,obviously just a typo error,what still intrigues me though is the amount of points you are prepared to wager in one race,i have seen you betting between 70 and 90 points regularly per race,bearing in mind the average Points tipster suggests a 1 point stake as an average wager to a maximum 5 points wager for something they rate as a good thing.If as you say one point is more than a pound but you didn’t deny that it could be up to £10,that would suggest you are prepared to wager up to £800 in a race on possibly 5 selections at times,keep up the good work,you are a good read.
April 23, 2011 at 22:01 #35187363 points may sound a lot, but of course it all depends what scale you are comparing it with. It is roughly 63 points in a scale of 10 to 100. You could call it 6.3 points in a scale of 1 to 10.
Kingfisher,
My 10 to 100 scale is exactly the same as someone else’s 1 to 10 or someone else’s 0.5 to 5 points.The amount of money I stake Kingfisher, will remain private. I’ve put these bets up in points so that anyone reading it can decide for themselves how much 1 point is worth to them. Just because I am staking 63 points, does not neccessarily mean I am staking more than anyone else. It is 63 points IN MY SCALE because it is easy for me to work out, without having to change the scale myself. (See my explanation on how I work out stakes). It also makes it easy for me to work out my own personal £££ stakes.
For some punters 1 of my points might be worth £10.
For some it might be £100, some £5, some £3, some £2, some £1, some 50p, some 20p, some 5p. Whatever, it is entirely up to them.If another tipster is giving a scale of 0.5 to 5 points instead of my 10 to 100, then obviously (if you are using both of our tips) each point on his scale should be worth 20 times as much as a point in mine.
Value Is EverythingApril 23, 2011 at 23:21 #351891I think I have missed the point.
Perhaps someone can point me in the right direction.
April 23, 2011 at 23:33 #351894I read it as you lashing out 63% of your money on one race!! I really should read things more thoroughly.
FWIW I bet in percentage points of my bank, on three separate scales, depending on what I believe to be my level of knowledge of the event I am betting on. Works for me and allows me to do only some of my brains on a Novice Hunter Chase at Ludlow.
I too was on Kings Gambit (3(%)) and have to say it was a cracking ride by Jamie Spencer, which is something I don’t recall saying before.
April 24, 2011 at 00:00 #351902Betting a percentage of the bank is another way of doing things Librettist.
For me, I’d rather bet the same amount on two horses I believe have the same chance of winning and same amount of value in the bet. ie not changing by how much is in the bank. Just taking a look at the bank / staking size once a season. It’s a matter of what each punter is comfortable with.Is it my imagination, or is Jamie making the running more this year? Thought he might have gone off too quickly at one point. Good ride.
Value Is EverythingApril 24, 2011 at 10:43 #351940Beware the long losing streak…!
Haven’t noticed a particular change of approach from Spencer, and aside from the occasional hold-up ‘Hollywood’ ride that comes unstuck I have always thought he was a decent enough rider. Plus he’s been married to the lovely Emma and linked with the lovely Hayley so you have to take your hat off to him for that alone. That’s a nice book of rides. I just thought yesterday that he knew his horses capabilities, had assessed the race and hatched a plan. Not many horses can be ridden so aggressively and not fold in the latter stages (Ramonti is another who springs to mind) but Kings Gambit is obviously one of them.
April 27, 2011 at 15:46 #3524002000 Guineas
13 points each way @ 16/1 (WH, VC bog) CasamentoI’m already down on this race, got an ante-post bet on Dream Ahead . Will bring it over to this thread, along with a bet on Havant for the 1000
Value Is EverythingApril 29, 2011 at 11:49 #3526871000 Guineas
23 points @ 9/1 (C, sky) HoorayWill get the Havant bet over to this thread.
Value Is EverythingApril 30, 2011 at 03:11 #3527673:45 Newmarket
37 points @ best early price (in pricewise box) Astrophysical JetValue Is EverythingApril 30, 2011 at 12:42 #3528132:30 Newmarket
45 points @ 9/4 (b365) DandinoSoooooo tired after finishing my totetentofollow lists at 4:00 am last night and then up at 8:30 this morning. eyes are forced open with sticks. Missed the best price Dandino, not quite as good value as it could have been, but good enough. May be best suited by the possibility of a slow pace. Not convinced yet that Laaheb is as goon on a firm surface. Dandino the one on the up. Might come back with a saver later on.
Value Is EverythingApril 30, 2011 at 12:52 #3528152000 Guineas
13 points each way @ 16/1 (WH, VC bog) CasamentoI’m already down on this race, got an ante-post bet on Dream Ahead . Will bring it over to this thread, along with a bet on Havant for the 1000
From last year’s thread:
Fri Oct 01, 2010 2:25 pmPostby Gingertipster on Fri Oct 01, 2010 2:25 pm
2011 2000 Guineas23 points @ 8/1 (bsq) Dream Ahead
Value Is Everything -
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