Tag Archives: thanks

Create your own speed ratings

Over the last few years I have created a number of different ratings for our own use and clients but these have all be form related.

So I guess it was only a matter of time before the question of speed ratings came up.

Some people argue that speed is the only real way to judge a horses chance of winning a race…

But as with all things racing, it is never quite that simple.

Speed of course is related to distance.

It is the time it took the horse to run the race divided by the distance that gives us the speed at which the horse travelled.

Continue Reading

Please follow and like us:

Recovery staking a TABOO subject?

Today we have our regular Wednesday wisdom from Malcolm Pett, we also have selections for both the Headgear and Tongue Tie systems. Here's Malcolm…

Recovery staking for me has always been a taboo subject.

I have tried it in the past and lost a lot of money doing so.

When you mention recovery staking most people think about putting all your losses on the next bet and that’s the one to be AVOIDED at all costs.

Obviously a conversation about any form of staking needs a disclaimer…

Don’t do it unless you are fully aware of the cost!!!

Also there isn’t a staking system ever thought up that will allow you to make money from a system that doesn’t consistently make profit.

But I use one I actually call “Help recovery”.

It doesn’t usually recover all your losses but it seems to help.

I call it “1234..etc” staking and it works simply by…

“Increasing your stake by your ORGINAL stake every time you lose”

There are a few of things to clarify here…

It’s not doubling your stake (although bet 2 makes it look that way).

It won’t work with systems that don’t have a high strike rate.

The further you go into the sequence the less likely you are to recover your losses.

You need a stop loss setting.

Here is how it works.

1 is your original stake.

If you lose you go to 2 which is your original stake multiplied by 2.

If you lose again you go to 3 which is your original stake multiplied by 3.

And so on.

If you lose on 7 then you would have lost 28 points of your bank.

And you will need a 4/1 winner just to break even.

Which will be unlikely when used with a high strike system that this idea works best with.

So why use a staking system that won’t recover your losses?

With high strike systems you tend to get a mixture of very low prices and odds on prices.

You don’t tend to have long losing runs and so when this system does kick in it can often be for only 1 or 2 selections and the odd higher priced winner just seems to help boost up the profits.

I find with some systems this can be an extra 10 or more points a month.

A couple of tests we have been doing over at the Grey Horse Bot website have results sheets showing how this works.

Click here for an example.


Again please be warned that staking isn’t for everyone and you need to be aware of the risks.

I tend to use 7 as my maximum with this system and realise that if I hit that…

…then it is a month’s (or more) profit down the drain.

Also when using staking select a stake lower than you normal would.

1% or less of your bank.

Thanks
Malcolm

http://greyhorsebot.com

System Selections

With both of these systems I'm still paper trading, but I wanted to post the selections so you can follow along with the live test.

Tongue Tie System

14:55 Chepstow – Nervous Nineties – 150/1 Coral

First Time Headgear

14:35:00 Down Royal – Reality Dose – 16/1 Bet Victor

Today's Selection

14:20:00 Chepstow Champagne Express – win bet – 3/1 Bet 365

Please follow and like us:

Being flexible added 8% ROI

Malcolm Pett's Wednesday column
======

I have always liked to think of myself as a “Flexible” thinker.

In other words I am ready to change my opinion if I feel there is enough evidence to convince me that another way is better.

Sometimes I have to admit that I can be a little too quick to change my opinion but I suppose I would rather be that way, than to stubborn to change it at all.

Don’t get me wrong I have very strong belief’s about some things, it’s just I like to be flexible about others.

For instance I am a dog obedience and trick trainer and over the years I have learned the best way to train is “reward” based training.

It’s quick and it works and dogs respond to it well.

So I am totally against using any device or training method that causes a dog distress or harm or even looks like it could.

Sorry you won’t convince me otherwise!

But on the other hand…

I have been talking about the “Interactive” ratings that we are testing over at the Grey Horse Bot website for the last month.

I came up with a rating as 220 as being the best figure to follow.

But now on reflection and more testing I think 260 is the better number.

It’s not quite as profitable as 220 (by a very small margin) …

…But there are 3 good reasons for choosing 260

1. A higher strike rate.

2. Less selections

3. A higher Roi.

Although taking all the selections into consideration over the last 
3 months 220 has made 38.63 points, 260 has made 38.59.

Hardly anything in it…

But you would have been on fewer selections, which would have given 
you a higher strike rate and a better return on your investment.

The strike rate difference is over 4% and the ROI is 8% better.

So in this case it seems sensible to change from 220 to 260.

But that is the really good thing about this test it has allowed users to decide which rating suits them.

I do have to have a little giggle to myself though when after all I have written about these ratings I still get the question…

“What is the best rating to follow?”

Well at least I now have an answer…

If you want to follow along with the test then pop over to the Grey Horse Bot website.

Maybe you have another opinion…

It would be great to hear it.

Thanks
Malcolm

http://greyhorsebot.com

Today's Selection

14:30 Chelmsford City Indias Song – win bet – 9/4 Sky Bet

Please follow and like us:

Big Winners great Strike rates…

Isn’t betting a funny thing…

On the one hand we want winners and the bigger the better…

…And on the other we want to win a lot with very few losers.

Big winners and a great Strike rates… Perfect!

Unfortunately it doesn’t quite work like that.

Big winners tend to mean lower strike rates.

Take “Elision” a system we have been testing over at the Grey Horse Bot web site since 28/08/2014.

It has an average winning price of 9.00 (pretty big).

It also has an average strike rate of 13.12% (not so big)

And since we started reviewing the system it has had a winning month of 51.39 and 40.32.

Sounds pretty good…right?

Well not quite…

Averages are funny things. They are made up of high and low figures.

The high ones are great because they produce the big profit months like above.

It’s the low ones that are a pain.

They tend to be the ones where you need to dig deep.

If you have done your homework and understand that longest losing runs do happen then you can ride them out.

If you haven’t then this is where you find out that staking too much from your bank on each selection can really be expensive.

Tipsters and systems have good runs, but they also have times when their natural strike rates adjust.

Whether you call it a “bad run”, “bad luck” or “The system doesn’t work”.

It will happen.

Elision proves this point.

Yes it has had some good months but it also has bad months.

The 28 month history shows us that this is not unusual…

…It’s all down to you and whether you believe the history or think the bad months are the signs of the system going bad.

Don’t ignore statistics…

 Losing runs will happen and the lower the strike rate the longer these will be and the more often they will happen.

Be prepared and reap, ignore and you will be forever losing.

You can check Elision out here

http://greyhorsebot.com/elision

Thanks

Malcolm Pett

http://greyhorsebot.com

Today's Selection

3:20 Newcastle Up And Go – win bet – 15/8 Sporting Bet

Please follow and like us:
Facebook
Twitter
RSS
Follow by Email
Google+
https://dailypunt.com/tag/thanks/">

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close