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** April Poker League Result : 1st Like2Fish, 2nd McG, 3rd andybell666 **

They say they will win so they must


TCTOPCAT

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Update for Thursday 

 

Winning lays 

15.10 - 2.44 = 10pts+

18.30 -1.79 = 10pts+

20.30 - 2.45 = 10pts+

= 30pts+

Losing lays 

12.15 - 2.46 = 14.6pts-

13.15- 1.43 = 3.3pts-

14.50 - 1.98 = 9.8pts-

15.40 -2.48= 14.8pts- 

17.00 -1.44 = 4.4pts-

=46.9pts-

Loss on day of 16.9pts-

Running total 7 days 

loss of 73.9pt-

Bank 926.10

 

 

 

 

 

 

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Crazy Chase update for Thursday 

12.15 loss 

13.15 loss

14.50 loss 

15.10 win =10pts+

--------------------------

15.40 loss 

17.00 loss 

18.30 win = 10pts+

---------------------------

20.30 win = 10pts+

= 30pts + on the day 

Day  Sequence loss , loss , loss , win , loss , loss , win , win ,

7 day crazy chase 180pts+

Bank 1180

 

Crazy Chase Data   =.    Average odds layed in crazy chase is  2.05

7  days  42 races 

Race data 

Losing Lays = 24 

winning Lays = 18 

 

 

 

 

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Been interested enough in this to do some maths, especially from the chasing perspective.

In terms of the level stakes lays, they're currently showing a loss but obviously it's only a small sample size. My gut feel is that, given the criteria, they're going to show a marginal loss or profit in the long run, nothing spectacular but I wouldn't like to guess which way it might go.

In terms of the chasing I just had to get my head round why it obviously has to be a bad idea despite the positive results at this early stage. By my reckoning, a run of 6 consecutive winners at your average odds would wreck your bank (i.e. there wouldn't be enough left to stake the 7th bet) and 7 would lose far more than your 1000 point bank. Hitting 6 straight winning selections is no more than an 80/1 shot. So, basically, do this for long enough and it's inevitable that you'll lose the entire bank. Obviously not a reason for you not to carry on if you're enjoying it, I just had to prove to myself why this staking model is a bad idea!

I've got data for 1535 goalscorers this year at average odds of 2.7. It would take a run of 4 winners to wreck the bank and 5 to lose more than the grand. I've had multiple runs of 4, 5 or 6 winners and one of 7 that would've paid out accumulated odds of 1697/1. So a reasonably comparable real world example with a decent sample size that would have seen a 1000 point bank blown several times over.

Worth bearing in mind in case anyone is tempted to try anything similar, especially to bigger stakes.

ps -  am I correct in thinking that your results don't account for any commission on the winning lays?

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Hi Harry_rag 

 

Yep every thing you say is true but for me is not my bread and butter racing laying/backing hence the bank of only £50  as its just a Glory hunt like every other system on this forum 

What I am looking to do is double my £50 bank then the system has 2 banks ect then if I can add another and so on (the betting Gods laughing)

On the point of commission I leave that to the individual as we are all on different amounts but will take commission  off after 30days based on Betfair and Smarkets.

 

 

 

 

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Crazy Chase update for Friday 

13.20 win =10pts+

13.55 win =10pts+

14.20 win =10pts+

15.05 win =10pts+

15.30 win =10pts+

16.15 win=10pts+

17.30 win =10pts+

 

= 70pts + on the day 

Day  Sequence  win , win ,win,win,win,win ,win

7 day crazy chase 250pts+

Bank 1250

 

Crazy Chase Data   =.    Average odds layed in crazy chase is  2.10

8  days  49 races 

Race data 

Losing Lays = 24 

winning Lays = 25

 

 

 

 

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Update on points with commission at 2% based on Betfair average 

 

Level lays 

260pts won x 2% over 8 days 

= 5.2pt-

Running total 8 days 

loss of 9.1pts- 

Bank 990.9pts

 

Crazy Lay 

8 day crazy chase 250pts+ x 2% = 5pts- = 245pt+

Bank 1245 

 

 

Edited by TCTOPCAT
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Crazy Chase for Sunday 

14.00 loss 

15.19 loss 

15.50 win = 9.8pts+ after commission

 

 

= 9.8pts + on the day 

Day  Sequence  Loss , Loss , Win 

9 day crazy chase 254.8pts+

Bank 1254.8

 

Crazy Chase Data   =.    Average odds layed in crazy chase is  2.36

9  days  52 races 

Race data 

Losing Lays = 26

winning Lays = 26

 

 

 

 

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Todays horses 

 

12.20 Hill Of Tara 

12.30 Shanagh Bob 

13.05 Saligo Bay 

13.15 Gidleigh Park

13.40 General Medrano 

14.25 Alifes Princess 

14.40 Hasthing 

14.50 Stanley Pincombe 

15.00 Lady Adare 

15.10 Impression Chic 

15.20 No Risk With Lou 

16.00 Bond Broker 

17.30 Sommelier 

18.00 Ezra Cee 

19.00 Perseus Way 

 

Good luck 

 

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