Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board


Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board (http://www.paceadvantage.com/forum/index.php)
-   General Handicapping Discussion (http://www.paceadvantage.com/forum/forumdisplay.php?f=2)
-   -   correctly determing the exacta place horse (http://www.paceadvantage.com/forum/showthread.php?t=145018)

formula_2002 05-22-2018 01:00 PM

correctly determing the exacta place horse
 
I use the twinespires tote board for down loading wps and exacta pools into excel.

I have hundreds if not thousand such files going back years.
The down loads for each race range incrementally from 4 min to 1 or 0 minutes to post.

For the past several months I have been looking at this data to find occasions when the exacta $1 return will outperform the $1 win return.
As of now, I have has some limited success in determining which horses, placing 2nd will accomplish this.

I have been posting many such plays live in the selections forum.
You should note here that I’m picking the place horse and bet size, not the winner. That’s left up to the viewer
;)

AltonKelsey 05-22-2018 01:15 PM

You say 'outperform the winner' but talk about the place horse, and saying the winner is unknown.





Make sense to you?

formula_2002 05-22-2018 01:34 PM

Quote:

Originally Posted by AltonKelsey (Post 2320341)
You say 'outperform the winner' but talk about the place horse, and saying the winner is unknown.





Make sense to you?

The intent is to offer the win bettor a possibility of improving his return by matching his win selection with my place selections.
here is an example of a play I just posted on the selection forum

Quote:
Originally Posted by formula_2002 View Post
Code:
"Finger Lakes
Race
1

Post
1:10

MTP
2

$2 Exacta Pool
$8,160"
Code:

pgno        bet size
1        493
2        0
3        0
4        0
5        507
6        0
7        0
8        0
9        0
10        0
11        0
12        0
13        0
14        0
15        0
16        0
        1000.00

the 2/1 exacta wins. $1 exacta track payout was $14.90
your $1 win bet returned $6.10
our $1 exacta payout was $7.35
the flx book % is 1.21

our exacta $1 play exceeded the win by 1.20.


of course the play does not always win, so the overall exacta returns must exceed the win returns by a substantial amount.. the proof is in the data.

formula_2002 05-22-2018 01:58 PM

I'll mention something further, it aligns with the "late money" thread.

at 4 min to post the $1 exacta return was $6.89
at 3 min to post $7.30
and at 0 min to post it was $6.62

formula_2002 05-22-2018 02:34 PM

here are the results for another posted play

pax r4 today

the 3/7 exacta wins. $1 exacta track payout was $12.50
your $1 win bet returned $2.80
our $1 exacta payout was $5.95
the flx book % is 1.21

our exacta $1 play exceeded the win by 2.13

formula_2002 05-22-2018 03:30 PM

as good fortune would have it the four posted exacta plays on todays cards all returned much more than the win plays

$7.35 to $6.10
$5.95 to $2.80
$14.90 to $8.30
$17.40 to $10.70:jump::jump:

AltonKelsey 05-22-2018 04:06 PM

That explains everything. Keep up the good work

formula_2002 05-23-2018 10:19 PM

just a note.

at a 15% track takeout

to make 10% profit by using this method of play, the $1 ex payout/ $1 win ratio payout needs to be 185 % at a win rate of 70%

to make 10% profit , at a win rate of 60% the ratio needs to be 216

..not easily done

formula_2002 05-30-2018 06:12 PM

1 Attachment(s)
here are the results for 193 races

* calculations based on a successful win bet


All times are GMT -4. The time now is 05:44 AM.

Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved

» Advertisement
» Current Polls
Wh deserves to be the favorite? (last 4 figures)
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 05:44 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.