22nd May 2014, 09:05 AM
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Banned
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Join Date: Feb 2013
Posts: 740
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Quote:
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Originally Posted by evajb001
RCP on a side note if you look at SR7 yesterday, see how there is a significant gap on the scatterplot between the runners with the highest odds and all the fancies below that. Is this what your looking for when laying longshots?
Basically was just wondering what the significance of the scatterplot was for you? Obviously don't have to go into huge detail as its something you've clearly researched but just interested.
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I guess the main point of this exercise is to look for patterns that are easily identified and show a profit by either laying longshots and/or betting exotics. In the attachment you'll find four races wherein the longshot won (red), so it's not perfect, nothing ever is in this game. But despite the accidents it might still show a profit (research req'd, hence the aim of this thread to facilitate that). Given that our only filters here are pattern, price and field size. No form or ratings. Without the last bit it makes it harder but you can still make money. I have a bot set at a min price running 24/7 just Laying Aus, NZ trots and UK racing. Now it doesn't make much, $25 a day for $1650L, but multiply that by 365, throw in a couple of accidents and you've got nearly $6k, enough for you and your girlfriend to fly around the world economy class!
So if you can identify price parameters and strike rates per field size and country you'll do OK, add exotics and pattern recognition, who knows, a 1st class ticket RTW???.... 
Thanks for that extra script, I'll throw it in now. |