Jump to content

£20 Daily Challenge - All Welcome


Recommended Posts

event_date time course selection betfair position
2022-01-23 13:10 Warwick Saint Segal 1.3  
2022-01-23 13:30 Thurles Gerri Colombe 1.48  
2022-01-23 15:15 Thurles Allaho 1.4  
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 42.55 22.55    
Link to comment
Share on other sites

2 hours ago, gbettle said:

 

event_date time course selection betfair position
2022-01-23 13:10 Warwick Saint Segal 1.3  
2022-01-23 13:30 Thurles Gerri Colombe 1.48  
2022-01-23 15:15 Thurles Allaho 1.4  
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 42.55 22.55    

have you worked out what just doing trebles would be... does doing trixie help protect the bank or cost more long term or same results? ive done the maths for jan (not including first couple with bigger odds which you wasnt usual odds). £20 x 15 is £300 so you'd be a lot better treble only for january. ill check other months worth analysing this sort of thing to check on the right plan. update december slight loss compared to doing trixie.

 

Screenshot_20220123-124042.png

Edited by Wildgarden
Link to comment
Share on other sites

1 hour ago, Wildgarden said:

have you worked out what just doing trebles would be... does doing trixie help protect the bank or cost more long term or same results? ive done the maths for jan (not including first couple with bigger odds which you wasnt usual odds). £20 x 15 is £300 so you'd be a lot better treble only for january. ill check other months worth analysing this sort of thing to check on the right plan.

Level stakes would be better for bank preservation, long term I suspect it makes no difference to the ROI whether you back in singles, doubles or trebles.

Link to comment
Share on other sites

8 hours ago, gbettle said:

 

event_date time course selection betfair position
2022-01-23 13:10 Warwick Saint Segal 1.3  
2022-01-23 13:30 Thurles Gerri Colombe 1.48  
2022-01-23 15:15 Thurles Allaho 1.4  
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 42.55 22.55    

 

event_date time course selection betfair position
2022-01-23 13:10 Warwick Saint Segal 1.3 1
2022-01-23 13:30 Thurles Gerri Colombe 1.48 1
2022-01-23 15:15 Thurles Allaho 1.4 1
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 42.55 22.55    
           
Month bets outlay return profit  
1 23 460 605.11 145.11  

 

image.png.8c1a09e734f5574aeb6fae2a5c6d685a.png

 

Link to comment
Share on other sites

1 hour ago, gbettle said:

 

 

event_date time course selection betfair position
2022-01-23 13:10 Warwick Saint Segal 1.3 1
2022-01-23 13:30 Thurles Gerri Colombe 1.48 1
2022-01-23 15:15 Thurles Allaho 1.4 1
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 42.55 22.55    
           
Month bets outlay return profit  
1 23 460 605.11 145.11  

 

image.png.8c1a09e734f5574aeb6fae2a5c6d685a.png

 

has your strike rate got better over last year. anything done different?

Link to comment
Share on other sites

3 hours ago, Wildgarden said:

has your strike rate got better over last year. anything done different?

No change to the system.

You would be bonkers to be betting them as singles:

281     Wins
284.31     Expected Wins 
A/E     0.9884
218     Lost
499     total

56.31%     SR
-14.40     LSP

0.0896    Archie (499*(281-284.31)^2)/(284.31*(499-284.31))

image.png.ce988db61a7ec8f32bad76aef07407d1.png

which is a 24% chance that our result is random:

https://stattrek.com/online-calculator/chi-square.aspx

Edited by gbettle
grammar correction
Link to comment
Share on other sites

event_date time course selection betfair position
2022-01-24 13:00 Southwell Swiss Connection 2.32  
2022-01-24 16:00 Southwell Vespasian 2.22  
2022-01-24 18:30 Wolverhampton Chorus Song 2.14  
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 129.44 109.44    
Link to comment
Share on other sites

On 1/23/2022 at 10:51 AM, Wildgarden said:

have you worked out what just doing trebles would be... does doing trixie help protect the bank or cost more long term or same results?

@gbettle is obviously very happy with the returns (and who wouldn't with a profit most months). Keep 'em coming.

Personally I am not a fan of very short prices .. but must admit to backing these selections as a TREBLE ONLY with a moderately aggressive staking plan (1-5 pts) to make the most of the winning trebles. At just £10 per point January is almost +£750 (I personally stake a bit more)...Thanks for posting.

Edited by Bang on
Link to comment
Share on other sites

9 minutes ago, Bang on said:

@gbettle is obviously very happy with the returns (and who wouldn't with a profit most months). Keep 'em coming.

Personally I am not a fan of very short prices .. but must admit to backing these selections as a TREBLE ONLY with a moderately aggressive staking plan (1-5 pts) to make the most of the winning trebles. At just £10 per point January is almost +£750 (I personally stake a bit more)...Thanks for posting.

Thanks @Bang on for your kind words.

Link to comment
Share on other sites

13 hours ago, gbettle said:

No change to the system.

You would be bonkers to be betting them as singles:

281     Wins
284.31     Expected Wins 
A/E     0.9884
218     Lost
499     total

56.31%     SR
-14.40     LSP

If the system doesn't make a return at level stakes then I can not see the logic as to why it will make a profit in the long term backing them as multiples.

Link to comment
Share on other sites

8 hours ago, gbettle said:

 

event_date time course selection betfair position
2022-01-24 13:00 Southwell Swiss Connection 2.32  
2022-01-24 16:00 Southwell Vespasian 2.22  
2022-01-24 18:30 Wolverhampton Chorus Song 2.14  
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 129.44 109.44    

event_date time course selection betfair position
2022-01-24 13:00 Southwell Swiss Connection 2.32 5
2022-01-24 16:00 Southwell Vespasian 2.22 2
2022-01-24 18:30 Wolverhampton Chorus Song 2.14 3
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 0.00 -20.00    
           
Month bets outlay return profit  
1 24 480 605.11 125.11  
Link to comment
Share on other sites

23 hours ago, gbettle said:

No change to the system.

You would be bonkers to be betting them as singles:

281     Wins
284.31     Expected Wins 
A/E     0.9884
218     Lost
499     total

56.31%     SR
-14.40     LSP

0.0896    Archie (499*(281-284.31)^2)/(284.31*(499-284.31))

image.png.ce988db61a7ec8f32bad76aef07407d1.png

which is a 24% chance that our result is random:

https://stattrek.com/online-calculator/chi-square.aspx

image.png.e61abeca647689534118cd77ca7b4001.png

I think you'll find its 76% down to randomness

image.png.3698fd22fb6aa111a5ca652a460ca501.png

Link to comment
Share on other sites

24 minutes ago, Valiant Thor said:

image.png.e61abeca647689534118cd77ca7b4001.png

I think you'll find its 76% down to randomness

image.png.3698fd22fb6aa111a5ca652a460ca501.png

Evening Valiant, 

Many thanks for your reply. And so nice to hear from you in this thread again.

I guess I'm waiting for the regression to the mean anytime now LOL I wasn't kidding when I said you'd be bonkers taking them as single bets.

In all seriousness, would it be not be better to break down the trixies into their individual bets, and then analyze the 3 doubles and 1 treble? Or is it really not worth it as @MCLARKE pointed out - if their isn't a LSP to speak of, no exotic bet of the singles will ever improve the system.

Edited by gbettle
wasn't finished
Link to comment
Share on other sites

 

12 hours ago, gbettle said:

In all seriousness, would it be not be better to break down the trixies into their individual bets, and then analyze the 3 doubles and 1 treble? Or is it really not worth it as @MCLARKE pointed out - if their isn't a LSP to speak of, no exotic bet of the singles will ever improve the system.

In a word Yes

 @MCLARKE is correct in part but his statement does not paint the full picture.

From what I can see your ave odds are around 1.75 , now if these were the true odds then his statement would be correct

but some will be true odds of <1.75 and others will be over bet odds and should be >1.75 , so finding a method that gives a reasonable estimation of what the price should be for your selections would help with the variance .

I cannot understand why your backing trixies with an ave odds so low when the break even minimum is odds of 2.00 unless as @Bang on & @Wildgarden have discussed for bank retention.

All your profits are from the treble coming up as @ those odds in most cases a double does not break even , I guess its some punters like regular hits to keep the interest up while others can wait a while between drinks

Personally I'd either do
Doubles (go to the bar more often  ave 6% return for a win)
 Treble (more time between drinks ave 435% return for a win)

IMO To find out which suits your style of punting best I'd do a Monte Carlo sim of 1 months results in excel then expand the results for an expected 12 months using the  Data Table in the What-If Analysis, This will give you a good indication of what to expect.

ATB
VT ?

 

Edited by Valiant Thor
Link to comment
Share on other sites

event_date time course selection betfair position
2022-01-25 13:10 Down Royal Deploy The Getaway 1.74  
2022-01-25 14:50 Leicester Walk In Clover 1.57  
2022-01-25 17:00 Southwell Blue Trail 1.52  
           
           
Bet Total Outlay Total Return Total Profit    
Trixie 20.00 (4 bets of 5.00) 59.58 39.58    
Link to comment
Share on other sites

44 minutes ago, Valiant Thor said:

 

In a word Yes

 @MCLARKE is correct in part but his statement does not paint the full picture.

From what I can see your ave odds are around 1.75 , now if these were the true odds then his statement would be correct

but some will be true odds of <1.75 and others will be over bet odds and should be >1.75 , so finding a method that gives a reasonable estimation of what the price should be for your selections would help with the variance .

I cannot understand why your backing trixies with an ave odds so low when the break even minimum is odds of 2.00 unless as @Bang on & @Wildgarden have discussed for bank retention.

All your profits are from the treble coming up as @ those odds in most cases a double does not break even , I guess its some punters like regular hits to keep the interest up while others can wait a while between drinks

Personally I'd either do
Doubles (go to the bar more often  ave 6% return for a win)
 Treble (more time between drinks ave 435% return for a win)

IMO To find out which suits your style of punting best I'd do a Monte Carlo sim of 1 months results in excel then expand the results for an expected 12 months using the  Data Table in the What-If Analysis, This will give you a good indication of what to expect.

ATB
VT ?

 

Many thanks VT,

Always appreciate your comments & observations. I've done Monte Carlo simulations before so I had better fill my boots and crunch some stats. 

I'm also thinking of breaking up the trixie, into the doubles and treble, £10 total stake each.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...