prawn_86
Mod: Call me Dendrobranchiata
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Will be interesting to watch the results, now i just have to figure out how to actually tell who has won. 
skc
Goldmember
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Don't you only bet when overlay >1?
So_Cynical
The Contrarian Averager
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Results
1st = 7 ALRIGHT ALREADY 6.10 2.20
2nd = 11 CENTRAL ACT 11.60
3rd = 6 KANSKJE 1.60
Results
1st = 2 TIGER TERRITORY 5.80 2.00
2nd = 12 STAKE KNIFE 3.90
3rd = 1 COEUR DE HERO 3.70
http://tatts.com/racing/2012/7/27/NR/7
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ah well as I said, not a betting day in relation to the system stats i've posted, merely just some plays me and a mate had for some action. I'll post legitimate plays tomorrow for the system.
Out of curiousity Kermit, have you worked out the stats on your selections if they were for Place only? If your strike rate is consistent enough, you could possibly be a bit more inventive/aggressive with your staking plan??
Good luck tomorrow. You realise now that everyones watching, you'll probably have ten losers in a row
.......I've got no doubts the forum curse will strike me down but we'll see how I go eh:
Doomben Race 6
No. System 1 Selection Stake
2 Mossriver $11.80
Doomben Race 7
No. System 1 Selection Stake
3 Beggin $10.90
Belmont Race 9
No. System 1 Selection Stake
6 My Rouge $11.40
If the Sydney or Melb tracks dry out a bit there might be more plays but thats it for now.
Doomben Race 6
No. System 1 Selection Stake
2 Mossriver $11.80
Doomben Race 7
No. System 1 Selection Stake
3 Beggin $10.90
Belmont Race 9
No. System 1 Selection Stake
6 My Rouge $11.40
If the Sydney or Melb tracks dry out a bit there might be more plays but thats it for now.
ah well as I said, not a betting day in relation to the system stats i've posted, merely just some plays me and a mate had for some action. I'll post legitimate plays tomorrow for the system.
Hows your selections coming along Kermit?
Snap!
Mossriver at fixed odds are $4.00 Do you still lay your bet at those odds? Unitab has it rated at 99 while Magic Tartan is top rater at 100 with fixed odds of 17/1.
Unitab ratings are a very small component that makes up my own ratings. I don't take fixed odds I use sportsbet City Best or Betfair. For instance even though I lost yesterday, I managed to get $8.80 odds on Kanskje on Betfair but it ended up paying $5.10 for a win on unitab, thats a big upside to your bottom line if I can keep hitting a reasonably strike rate but get that much extra juice with betfair regularly.
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1 out of 5 today, pretty much as you expect as soon as you put some type of system up, murphy's law and all that. Be interesting to see the results after a hundred or so picks.
Of particular interest is the one winner today, I Get Around. Kermit had odds of $9.00 this morning, yet the tote pay out was $1.70. I wonder how much of the systems success so far is due to the money management side, ie getting good odds.
Kermit have you had a look at the starting odds of the winners compared to what you actually received as earlier fixed odds?
Of particular interest is the one winner today, I Get Around. Kermit had odds of $9.00 this morning, yet the tote pay out was $1.70. I wonder how much of the systems success so far is due to the money management side, ie getting good odds.
Kermit have you had a look at the starting odds of the winners compared to what you actually received as earlier fixed odds?
Hi brty,
Those weren't the odds I received, that was the staking level for the system. Although I did get odds of $2.00 using city best on sportsbet so a good extra 17% compared to the TAB which adds up over time. It certainly makes a difference, probably could have got even better on betfair.
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Hi Kermit --
I describe a method that combines monitoring of the health of a system with computation of position size that will maximize account growth while holding drawdown to a level you determine. You can read several articles that illustrate it on my website:
http://www.blueowlpress.com/WordPress/
Also, I have written a book that gives the complete details. You can read portions of the book on its website:
http://www.modelingtradingsystemperformance.com/
Best regards,
Howard
I describe a method that combines monitoring of the health of a system with computation of position size that will maximize account growth while holding drawdown to a level you determine. You can read several articles that illustrate it on my website:
http://www.blueowlpress.com/WordPress/
Also, I have written a book that gives the complete details. You can read portions of the book on its website:
http://www.modelingtradingsystemperformance.com/
Best regards,
Howard
prawn_86
Mod: Call me Dendrobranchiata
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Any further tips for today Kermit?
2 plays today:
Kalgoorlie Race 5
No. System 1 Selection Stake
3 Miss Heinekin $11.30
Kalgoorlie Race 7
No. System 1 Selection Stake
6 Phase Three $9.70
Thanks howard i'll have a read when I get a chance, sister just got back from America so things are all over the place in our house at the moment.
Kalgoorlie Race 5
No. System 1 Selection Stake
3 Miss Heinekin $11.30
Kalgoorlie Race 7
No. System 1 Selection Stake
6 Phase Three $9.70
Thanks howard i'll have a read when I get a chance, sister just got back from America so things are all over the place in our house at the moment.
Some people call it a curse, others a blessing, how many amazing yet simple concepts have been put onto trading fora all over the world, only to be discarded after the first consecutive drawdowns...
haha sinner, I won't be giving up, I knew the results so far were too good and that this type of run was coming sooner or later. Doesn't mean I need to chuck in the towel, I still think the approach i'm taking is profitable over the long run. I know the haters won't mind sticking the knives in on here soon though haha.
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