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02-25-2022, 10:41 PM
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#46
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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just a note. in the given bet sizes range of >=10 and <100, i'm finding a profit when using my exacta board of about 18%
__________________
Peace on earth, good will to all
GOD BLESS AMERICA
" I pass with relief from the tossing sea of cause and theory to the firm ground of result and fact"
Winston Churchill
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02-26-2022, 06:57 AM
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#47
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Registered User
Join Date: Jan 2022
Posts: 796
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1.betting the tote board
2.betting DRF selections
3.betting morning line selections
4.betting other public handicapper selections
All of the above strategies fail because you're only trying to stand on other handicappers' shoulders to succeed. And those other handicappers are not succeeding.
One has to develop a way of seeing the information in a way that is not being shared with the public. I believe the best way to do that is to not look at the tote board or the morning line or other handicappers' selections. It trains one to think independently. Of course, one can compare their results to any of those after the race is over. That seems useful to measure progress.
So, that's my two cents worth. After having been at this a long time, and exhausting many methods, it's what currently makes any sense to me.
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02-26-2022, 10:45 AM
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#48
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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I just follow the data. These current bet size formula's cover almost 200 races. I have hundreds if not thousands of downloaded tote board wps and exacta's I'll follow this analysis to exhaustion
Due to inflation, that's my dollars worth
__________________
Peace on earth, good will to all
GOD BLESS AMERICA
" I pass with relief from the tossing sea of cause and theory to the firm ground of result and fact"
Winston Churchill
Last edited by formula_2002; 02-26-2022 at 10:46 AM.
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02-26-2022, 01:49 PM
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#49
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Registered User
Join Date: Nov 2008
Posts: 10
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Betting on Favorites has been a Losing proposition for decades, and remains so forever.
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02-26-2022, 02:19 PM
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#50
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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Quote:
Originally Posted by dontbet chalks
Betting on Favorites has been a Losing proposition for decades, and remains so forever.
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I'll do Okland today. just saw the 4/5 fav in the 3rd get beaten. I'll see how my formulas woek on this race
__________________
Peace on earth, good will to all
GOD BLESS AMERICA
" I pass with relief from the tossing sea of cause and theory to the firm ground of result and fact"
Winston Churchill
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02-26-2022, 02:23 PM
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#51
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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Quote:
Originally Posted by formula_2002
I'll do Okland today. just saw the 4/5 fav in the 3rd get beaten. I'll see how my formulas works on this race
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I would have lost that race with a 15 unit bet size
__________________
Peace on earth, good will to all
GOD BLESS AMERICA
" I pass with relief from the tossing sea of cause and theory to the firm ground of result and fact"
Winston Churchill
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02-26-2022, 02:46 PM
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#52
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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Quote:
Originally Posted by dontbet chalks
Betting on Favorites has been a Losing proposition for decades, and remains so forever.
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Ofcourse you are correct.but perhaps if you know when to hold them and know when to fold them behind calculated bet sizes, well time and data will tell
__________________
Peace on earth, good will to all
GOD BLESS AMERICA
" I pass with relief from the tossing sea of cause and theory to the firm ground of result and fact"
Winston Churchill
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02-26-2022, 03:07 PM
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#53
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Registered User
Join Date: Nov 2008
Posts: 10
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Tote read...........#4 at Gulfstream............depends on your definition
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02-26-2022, 07:14 PM
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#54
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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Quote:
Originally Posted by dontbet chalks
Tote read...........#4 at Gulfstream............depends on your definition
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?
__________________
Peace on earth, good will to all
GOD BLESS AMERICA
" I pass with relief from the tossing sea of cause and theory to the firm ground of result and fact"
Winston Churchill
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02-26-2022, 10:13 PM
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#55
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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the 8th race presented an outlier bet size of $1569 and is excluded from the tabulation
public fav won 5 of 11 races returning $1.15 on the dollar
holding to the bet size of >=10 and <100 i won but 1 race in 4 for a $1 return of $0.30.
in those same 4 races the public had a $1 return of $0.33
__________________
Peace on earth, good will to all
GOD BLESS AMERICA
" I pass with relief from the tossing sea of cause and theory to the firm ground of result and fact"
Winston Churchill
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02-27-2022, 02:45 PM
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#56
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Registered User
Join Date: Jul 2009
Location: NJ
Posts: 3,832
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Quote:
Originally Posted by formula_2002
I just follow the data. These current bet size formula's cover almost 200 races. I have hundreds if not thousands of downloaded tote board wps and exacta's I'll follow this analysis to exhaustion
Due to inflation, that's my dollars worth
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But why? Any method that relies on the public wagering pools that doesn't work before the race is useless. You're studying data you won't have when actually betting. Sure, you might start there, but why study "to exhaustion" something you can't use anyway?
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02-27-2022, 02:47 PM
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#57
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Registered User
Join Date: Jan 2022
Posts: 796
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the method involves a time machine?
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02-27-2022, 03:26 PM
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#58
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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Quote:
Originally Posted by castaway01
But why? Any method that relies on the public wagering pools that doesn't work before the race is useless. You're studying data you won't have when actually betting. Sure, you might start there, but why study "to exhaustion" something you can't use anyway?
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What you say has merit, it's common thinking. Anyone who makes bets by comparing their odds line to the "before the gate opens" odds line has a similar issue. Hopefully my uniqueness will overcome that issue. Like I say, it's what I do
__________________
Peace on earth, good will to all
GOD BLESS AMERICA
" I pass with relief from the tossing sea of cause and theory to the firm ground of result and fact"
Winston Churchill
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