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Place Betting System

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  • #1729
    FanciedHorseLayer
    Member
    • Total Posts 2754

    Afternoon

    My System is simple.I concentrate on races where my ratings pinpoint just two horses with solid chances.<br>This is normally the Favourite,and one other horse.<br>The System is to PLACE Bet that "Other" horse at Betfair.<br>Starting bank is £400.Stakes will always be 10% of the starting day bank.

    <br>Friday [14 October]

    FOUR Bets

    DISCO LIGHTS [2.25 Brighton] Fav is Yarqus<br>£40 Place @ 1.35

    EDAARA [2.35 Newmarket] Fav,Achill Bay<br>£40 Place @ 1.44

    SUN AND SHOWERS [3.35 Brighton] Fav,Zeeba<br>£40 Place @ 1.99

    LET IT BE [4.35 Redcar] Fav,Whispering Death<br>£40 Place @ 1.65 [Betfair pay 123]<br>

    #60830
    FanciedHorseLayer
    Member
    • Total Posts 2754

    Placed

    Disco Lights [2nd]<br>Edaara [2nd,Dead/Heat]<br>Let It Be [3rd]

    Loss on Day:£11.20:angry:  [Bank:£388.80]

    Notes

    All 4 Favourites Won.

    #60831
    FanciedHorseLayer
    Member
    • Total Posts 2754

    Wednesday October 19

    FOUR Bets

    GREY PLOVER [4.40 Newcastle] Fav is A Thousand Smiles<br>£38 Place @ 1.57

    EL ALAMEIN [2.20 Nottingham] Fav,Halfwaytoparadise<br>£38 Place @ 2.14

    BRAVE FIGHT [3.20 Nottingham] Fav,Mortaboard<br>£38 Place @ 1.72

    SHY GLANCE [4.50 Nottingham] Fav,Ninth House<br>£38 Place @ 2.78

    #60832
    snowman
    Participant
    • Total Posts 554

    Hi FHL,

    Good luck with this, I’ve had a little play around with BF’s place betting before and never had too much joy, so I wish you well.

    I was, however, surprised to see that your ratings pinpointed an unraced 3 yr old (Shy Glance). No criticism intended as I’m aware that in Maiden races, one may go on previous successes of the stable or stable/jockey combination and cost of the horse etc. It’s just that when someone talks of ratings I always think of Form ratings.

    Anyway again good luck. :)

    #60833
    FanciedHorseLayer
    Member
    • Total Posts 2754

    Thanks for the feedback Snowman

    Im quite into stallion stats,and include them in my ratings hence the unraced horses being short listed.<br>Didnt do me much good yesterday though!

    #60834
    FanciedHorseLayer
    Member
    • Total Posts 2754

    Placed [1 Non Runner]

    Grey Plover [Won]

    Loss on Day:£54.34:o [Bank,334.46]

    Notes

    No Favourites Won

    #60835
    FanciedHorseLayer
    Member
    • Total Posts 2754

    Thursday,October 20

    THREE Bets

    ROSLEA LADY [3.25 Brighton] Fav is Sophist<br>£33 Place @ 1.73

    BARTON FLOWER [2.30 Haydock] Fav,Crow Wood<br>£33 Place @ 1.84

    BAKHTYAR [5.20 Ludlow] Fav,Dont Ask Me<br>£33 Place @ 2.34

    #60836
    FanciedHorseLayer
    Member
    • Total Posts 2754

    Placed

    Barton Flower [2nd]

    Loss on Day:£38.28:(  [Bank,296.18]

    Notes

    No Favourites Won

    #60837
    FanciedHorseLayer
    Member
    • Total Posts 2754

    Friday,October 21

    Bets

    ORDNANCE ROW [1.20 Doncaster] Fav is Galactic Star<br>£29 Place @ 2.04

    DISTINCTIVE VOICE [2.00 Newbury] Fav,Poseidon Adven<br>£29 Place @ 1.93

    COULD BE ALRIGHT [5.25 Fakenham] Fav,Bonchester Bri<br>£29 Place @ 1.88

    #60838
    FanciedHorseLayer
    Member
    • Total Posts 2754

    Placed

    Ordance Row [2nd]<br>Distinctive Voice [3rd]

    Profit on Day:£28.13]:cheesy: [Bank,324.31]

    Notes

    One Favourite Won

    #60839
    FanciedHorseLayer
    Member
    • Total Posts 2754

    Monday,24 October

    Bets

    TILLY"S DREAM [2.40 Lingfield] Fav is Time For Life<br>£32 Place @ 2.66

    SOUL PROVIDER [3.50 Wolverhampton] Fav,Young Kate<br>£32 Place @ 1.94

    #60840
    Artemis
    Participant
    • Total Posts 1736

    Hi FHL

    The main problem with this type of system is that it is difficult for everyone to get the same odds on the exchanges.

    There have been a few systems posted here over the last few years that have used exchange odds and indeed bookmaker’s early morning prices. These may be available to the person tracking the system, but may not be available generally.

    This doesn’t mean the system is unviable. It just means it is difficult to follow if you are not the main person tracking it.

    Even if you state a set of rules for the system, so that everyone knows the selection in advance, results in terms of profit or loss will depend on the time the  odds are taken from the exchange(or the bookmaker’s odds).

    Using SP as a measure of profit and loss seems fairer but it can easily be argued that most of us(I hope!) only bet at particular odds which we consider fair. SP betting is really an anaethama to anyone who takes betting seriously.

    Anyhow, FHL, good luck with your place betting.

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