[ppug] Re: Lay Systems
- From: "Daniel Nettle" <dannettle@xxxxxxxxxxxx>
- To: <ppug@xxxxxxxxxxxxx>
- Date: Mon, 30 Aug 2004 09:08:33 +0800
They don't have to win at all if you're arbing them. You can bias your
stakes to make more when the horse doesn't win and vice versa. Or you can
set it up to make an equal profit no matter what the result is. This is
where a bit of racing knowledge could come in handy. If you think the horse
has a good chance of winning, you would set it up to make the most profit
for it winning but a small profit or break even if it doesn't. And vice
versa if you think it has no chance.
Dan
----- Original Message -----
From: "RaceStats" <racestats@xxxxxxxxxxx>
To: <ppug@xxxxxxxxxxxxx>
Sent: Monday, August 30, 2004 12:07 AM
Subject: [ppug] Re: Lay Systems
> Hi Stebbo,
>
> I take it these bets are pretty much longshots?
> One thing to consider when "arbing" them is that they have to win often
> enough to cover your commission and make a profit.
> It sounds like you're certainly on the right track though.
>
> Regards,
> Lindsay.
>
> ----- Original Message -----
> From: "Stebbo" <ppug@xxxxxxxxxxxxxxxxx>
> To: <ppug@xxxxxxxxxxxxx>
> Sent: Sunday, August 29, 2004 4:44 PM
> Subject: [ppug] Re: Lay Systems
>
>
> > G'Day All,
> >
> > had a bit of a test today on my lay system, and it went well. I found
> that
> > I was able to lay just on half my runners at *LESS* than the totes,
> > sometimes up to $2 less than the average tote price...
> >
> > I also found a couple of good arbitrages, but wasn't quick enough to
grab
> > them... In one case I was able to lay something at $17 and it was
> available
> > to back at $21 fixed odds, and $40 MaxiDiv......
> >
> > Looks promising so far.
> >
> > Cheers,
> > Chris.
> >
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