EW Double System

[slapdash]

I've just posted in my "Large handicap early price system" thread to say that I'm putting the system to rest in its present form: http://punterslounge.com/forum/showthread.php?p=266091#post266091 You can read that thread for the exact figures, but after about 200 each-way bets I roughly broke even. The place halves of the bets had about a 23% strike rate, with the successful bets having average odds of a bit over 6.00 (for the place) for a gratifying yield of about 46.5%. But the win halves of the bets had only about a 3% strike rate, with the successful bets having average odds of about 18.00 for a less gratifying negative yield of about -47%. Now if these figures for the yields continued to be accurate, then an EW double on two of these selections would be quite profitable in the long run. The average yield on the win double would be about -72%, but the average yield on the place double would be about 115%, for a total yield of about 21%. In fact, even if you ignored the occasional return from the win doubles, the yield from the place doubles would still ensure about a 7% yield. So this is what I'm going to do here. Since the selections are based on getting best early prices, this will need two or more selections in different races where the same bookmaker has the best odds. If anybody is tempted to follow these, I should point out that there will be a low strike rate, so please use low stakes. Based on the figures above, the strike rate for the place doubles would be about one in 19, and the strike rate for the win doubles would be less than one in a thousand (maybe one or two successes a year at high odds). That's not quite right, because the odds will vary, and that should make the strike rate a bit higher. So I'm not going to be discouraged by long losing spells. I'll also be including selections from the other system I use on sports-punter.com, whose profits also come mainly from the place halves of each-way bets. This will increase the number of bets, and since these tend to be at lower odds, it should also increase the strike-rate, but they have had a lower yield from the place bets (but a lower negative yield from the win bets), which should decrease the yield during the long spells between win doubles coming in. If you want to know which system a particular selection comes from, just see if it's a 16+ runner handicap race or not. Many sensible people on this forum frequently preach betting singles rather than multiple bets. I agree with them, but each-way doubles can be an exception. I don't know why bookies calculate EW doubles the way they do, but this is one way that they are generous. Putting EW bets in doubles can turn singles with negative expectation into doubles with positive expectation. I may include trebles as well, I haven't decided yet. These would have even lower strike rate, of course, but hey, I don't do the lottery. All bets will be 1 point EW, and I'll start with a bank of 1000 points (to emphasize that stakes should be small).

[spreadman]

Re: EW Double System :ok GL in your new venture, Mr. S..........:hope