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08-11-2018, 12:28 AM
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#46
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,835
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I am about to go 2 for 80 the last two days.
Winners paid $141 and $42.80
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08-11-2018, 12:50 AM
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#47
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Registered User
Join Date: Jan 2006
Posts: 28,602
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Quote:
Originally Posted by PaceAdvantage
I am about to go 2 for 80 the last two days.
Winners paid $141 and $42.80
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Are you categorizing your results per particular track?
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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08-11-2018, 12:56 AM
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#48
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,943
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Quote:
Originally Posted by PaceAdvantage
I am about to go 2 for 80 the last two days.
Winners paid $141 and $42.80
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About 20 years ago I played several real longshot systems. Like minimum pays were around $20, and 2-4 horses per race.
Won my first bet for $2 that paid $62, then lost 163 in a row.
Stopped playing after 3 days. It was very depressing.
At the end of the week I backtested and found I would have been winner if I'd kept playing.
Decided that for me the psychotherapy and medication would cost more than I would make. LOL
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08-11-2018, 01:01 AM
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#49
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,835
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Quote:
Originally Posted by thaskalos
Are you categorizing your results per particular track?
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Nope...just firing and praying
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08-11-2018, 01:03 AM
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#50
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,835
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Think I'm gonna take a break for a while...maybe I'll play a little on Sunday, because of the contest...but this is definitely a GRIND.
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08-11-2018, 01:03 AM
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#51
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Registered User
Join Date: Feb 2002
Posts: 10,861
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Quote:
Originally Posted by PaceAdvantage
I am about to go 2 for 80 the last two days.
Winners paid $141 and $42.80
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Are you betting real money? If so, are you getting rebates? Rebates obviously help the bottom line.
Are you betting a fixed amount or a proportional amount that is based on your betting wealth, projected payoff, and edge?
If your system is profitable flat betting will increase your betting wealth, but proportional betting will maximize your betting wealth. Although, with proportional betting your wealth will likely shrink quite a bit after 50 losses in a row!
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08-11-2018, 01:04 AM
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#52
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Registered User
Join Date: Feb 2002
Posts: 10,861
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Quote:
Originally Posted by PaceAdvantage
Think I'm gonna take a break for a while...maybe I'll play a little on Sunday, because of the contest...but this is definitely a GRIND.
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Can you automate it?
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08-11-2018, 01:05 AM
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#53
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,835
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Yes. I've posted before, I bet REAL MONEY on every play I post in VIP.
Hell, I AM UP 15% after 347 plays in this current run. It's not like I'm losing...lol
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08-11-2018, 01:06 AM
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#54
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Registered User
Join Date: Feb 2002
Posts: 10,861
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Quote:
Originally Posted by PaceAdvantage
Yes. I've posted before, I bet REAL MONEY on every play I post in VIP.
Hell, I AM UP 15% after 347 plays in this current run. It's not like I'm losing...lol
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That is the only way to know for sure if you can win. There is nothing like betting real money.
I'm late to the party. I just deleted my facebook account. I've got some catching up to do around here. LOL
Last edited by highnote; 08-11-2018 at 01:07 AM.
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08-11-2018, 01:09 AM
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#55
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,943
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PA, you've now had two $100+ horses in this run, right?
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08-11-2018, 01:11 AM
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#56
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Registered User
Join Date: Jan 2006
Posts: 28,602
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Quote:
Originally Posted by PaceAdvantage
Nope...just firing and praying
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Aren't you curious to find out if track selection might greatly improve your overall results? The probability that your handicapping method is universally applicable is basically nil...IMO. By excluding certain unfavorable racetracks, your results might astonish you.
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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08-11-2018, 01:21 AM
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#57
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Registered User
Join Date: Feb 2002
Posts: 10,861
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Quote:
Originally Posted by thaskalos
Aren't you curious to find out if track selection might greatly improve your overall results? The probability that your handicapping method is universally applicable is basically nil...IMO. By excluding certain unfavorable racetracks, your results might astonish you.
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I agree. When I automated the Dr. Z system there were some tracks that were extremely profitable and others that consistently lost. Eventually, I dropped the losing tracks and only bet the winning tracks. Then eventually, the rest of the world caught on and none of them were profitable.
The problem with a system is that it might work for awhile, but if someone else starts betting your horses because they found the same advantage you found then your profits disappear.
Strike while the iron is hot!
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08-11-2018, 01:44 AM
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#58
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,835
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Quote:
Originally Posted by Dave Schwartz
PA, you've now had two $100+ horses in this run, right?
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I think the other one was in the last run
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08-28-2018, 11:22 PM
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#59
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,835
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Well, I didn't get a profit in my last 500 race run...things have to be reexamined before I run another 500 race run...
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08-28-2018, 11:50 PM
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#60
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by PaceAdvantage
Well, I didn't get a profit in my last 500 race run...things have to be reexamined before I run another 500 race run...
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With any rebate at the 97% you posted, there's nothing to reexamine...
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