
3rd December 2007, 04:30 PM
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Member
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Join Date: Jan 1970
Posts: 609
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Trying to get "an angle" on laying on Betfair (which I have been doing with mixed success) I came across this old thread --- and thought it was worth reviving.
AngryPixie and Michaelg said they have had fair success in the $6.00 to $9.90 band. having a quick look at yesterday's races at four of the centres I came up with in that band:
Sunny Coast -- !7 /17 successful lays
Canberra -- 16/17 ditto
Grafton -- 18/21 ditto
Geelong -- 20/22 ditto
Didn't bother with the other four courses (got tired!); but that is a grand total of 71/77 successful lays --- 92.2%.
Even if all the picks were at $9.90 (I don't think any of them were actually) the loss at $9.90 would have been (laying each for $20.00) $1068.00, whereas the other 71 successful lays would have brought in $1420 (less commission). Something like 24% POT!
For convenience sake I took the figures from the Qld TAB site. The figures on the jump at Betair could, probably would, vary a little from these.
Now applying this thinking to today's two meetings, so far (5.20 p.m.) the results would have been 20/22 (Jeuneyman just won at $6.10).
Seems to be something worth thinking about. Comments!?
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