October 8, 2006 at 22:16 #1783
Does anyone have any suggestions for above. I’m laying several runners (maybe a third of the field) in 20+ runner handicaps.
On Satuday I used the following to lay 6 in the Sprint Trophy;
Odds<br>1.01 – 3 1% of Bank (Ãƒâ€šÃ‚Â£500)<br>3.01 – 5 0.6%<br>5.01 – 6 0.4%<br>6.01+ 0.2%
The problem with the above, is the bands may be too narrow for 28+ runner races. The aim is to be able to cope with the inevitable unsuccesful lay.October 9, 2006 at 14:56 #61710
I’m not clear about your figures.
For instance, is your bank Ãƒâ€šÃ‚Â£500 to cover all possible losses, or just one race?
If it was Ãƒâ€šÃ‚Â£500 each race, for 4 places you could lay each horse to lose you Ãƒâ€šÃ‚Â£125 which would give a maximum loss of Ãƒâ€šÃ‚Â£500. If you wanted to lay a third of the field (7+ horses), you could make your bank substantially bigger, say Ãƒâ€šÃ‚Â£600 because at least three of the horses you lay are bound to be winners for you.October 9, 2006 at 18:15 #61712
It’s a theoretical Ãƒâ€šÃ‚Â£500 bank for the whole system. Sorry, I shouldn’t have put the Ãƒâ€šÃ‚Â£500 in the main body of the above table.
So, Ãƒâ€šÃ‚Â£5, Ãƒâ€šÃ‚Â£3, Ãƒâ€šÃ‚Â£2, Ãƒâ€šÃ‚Â£1 lay stakes based on the above table.October 9, 2006 at 18:24 #61713
I would suggest a max liability of Ãƒâ€šÃ‚Â£60 per race, laying 7+ horses each to lose about Ãƒâ€šÃ‚Â£15, stakes (what you might win on each) adjusted accordingly. If your judgement is any good, you shouldn’t take any harm and might be able to build up your bank(and hence your possible loss per horse) if things go well.October 9, 2006 at 18:44 #61716
I started off laying to lose the same amount on each one (started off at Ãƒâ€šÃ‚Â£8), but someone pointed out that means I’m laying the runners with least chance of placing for the least amount of money. That’s why I looked to a graduated scale as above.
(Edited by Rakti at 7:45 pm on Oct. 9, 2006)October 10, 2006 at 08:25 #61717
That’s the way it should be. If you act as a bookmaker, you have to bet to figures, laying each horse to take out or cost you the same amount. Over a long period, if your prices(the exchange prices) are value to the layer, you will make money. As a punter, you can just lay those you don’t fancy using bookmaking principles and if you are a better judge than the market you will make money, probably more than a bookmaker who doesn’t take a view but just bets to figures.October 11, 2006 at 11:48 #61718dave jayMember
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You should look at restricting your upper liability to 6 or something like that and then match a fixed amount.
Working on your Ãƒâ€šÃ‚Â£500 bank you have to weigh up how much you are prepared to risk in one bet. If you don’t want to risk more than 5% (depending on stratgey) you maximum play is going to be ..
Ãƒâ€šÃ‚Â£500 x 5% = Ãƒâ€šÃ‚Â£25 exposure @ odds of 6 = Ãƒâ€šÃ‚Â£5
So you would match backers stake @ Ãƒâ€šÃ‚Â£5 for all bets. Bear in mind that shorter prices win more, so you want to be staking less on them and more on the bigger prices.
Hope that helps.
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