Wolverhampton Archives • Daily Punt

Green Up: How To Calculate Your Stakes

Posted on November 30, 2019 by Dave French • 0 Comments

The first thing to say is that when this article was first written there was no cash out button on Betfair, so life is easier if you just want to lock in a profit and green up on a horse you've bet, no calculator required. But don't expect to get the best bet possible using the cash out button!

But you should know the maths and how to calculate your own stakes for greening up and that's what we cover on this page.

Yesterday Pete asked how do we calculate our stakes when we have made a trade and we want to green up.

So Pete has backed a horse that is shortening in price and he wants to green up on that selection. IE lock in a profit whatever the outcome.

If for example you were lucky or smart enough to get on Shaws Diamond yesterday morning you could have bet it at around 16.0.

This mare started with a Betfair SP of 6.64. (Easier to find these greening up opportunities in hindsight!!)

So let's say you had a back bet for £10 at 16.0 in the morning and it's just before the off and your horse is now trading at 6.8.

You want to lock in a profit on Shaw's Diamond and want to know what stake to lay at 6.8.

The calculation is to multiply your initial stake times your initial back odds (£10 x 16.0 = £160)

You then divide that by the lay price that you can get (£160/6.8 = £23.52)

Place your lay of £23.52 at 6.8 and your initial bet of £10 has now converted to a guaranteed payout of £12.84.

I mentioned a while back that a lot of serious backers don't wait for a selection to win these days.

Instead they lock in a profit once their horse trades down to a certain level and then lock in the profit.

This method is great for predetermined trades or for when you have time to calculate the stake.

When the pressure is on you might prefer to use lay calculator software that can make the bet in the click of a button 🙂

If you want to it the other way around. So say you have one that's drifting and you lay a tenner at 6.8 and now can back it at 16.0.

Multiply your lay price by your lay stake (£10 x 6.8 = £68) and then divide that by your new odds (£68/16.0 = £4.25).

Back your selection for £4.25 at 16.0 and lock in a £5.46 profit.

A final note: It's easier to find steamers just listen to the pundits and check out free tipsters. Also you risk less money in the initial bet and get a better profit on the green up.

(Green Up: Common parlance for a guaranteed profit on Betfair where every selection shows it will profit if that selection win)

Filed Under: Money
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Tongue Tie Research

Posted on February 9, 2015 by Dave French • 1 Comment

You'll remember that last week I mentioned the Geegeez article that talked about the use of tongue ties and how a horse needs a few runs with a tongue tie before they will let them self go.

The theory being that the horse still thinks that it's tongue will get in the way and is worried it won't be able to breathe and so doesnt give all.

But after a few runs with a tongue tie it starts to realise that it doenst have tongue problems anymore.

So I've been doing some research.

First off some facts. All horses wearing a tongue tie for the first time in 2013 & 2014 produces the following big losses.

Runs = 3959
Wins = 319
Strike Rate = 8.06%
Loss at iSP = -1335.24
ROI = – 33.73%

So it seems that wearing a tongue tie for the first time is a negative factor and the losing ROI is such that maybe it has the makings of a lay system.

Then it occurred to me that the reason that the horse doesnt perform well first time out with the tie is because it is still worried about a previous experience with breathing and doesn't realise it will be ok with the tie.

But surely there are some trainers that use the tie at home and get the horse used to it and trusting it before they ever go racing with the tie on and that maybe there are trainers that win first time-out with a tongue tie.

So I had a search for trainers who are profitable with first time tongue tie wearers.

And I found some.

For example Rebecca Curtis had 22 starts over the two year period that ran with a tongue tie for the first time.

Seven of those won for a 32% strike rate and they made an industry SP profit of 5.86 which is a 27% ROI.

Charlie Longsdon had 32 starts and 8 wins and an industry SP profit of 20.3. Which is a strike rate of 25% and an ROI of 63%.

I've selected the best performers from 2013/14 and checked their 2015 performance and a good profit has been made so I'm going to run this as a system live for a while and see if we have something worth following long term.

Today's Selection

2.30 Wolverhampton Kalimantan – win bet – 11/8 Bet 365, Paddy Power

Filed Under: Systems
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Headgear Racing System

Posted on February 2, 2015 by Dave French • 2 Comments

So last week I told you about an article over at Geegeez that put forward the idea of backing Paul Nichols runners who wear headgear for the first time.

So today I have done some research and investigated all the trainers who have been profitable in the past with their runners who were wearing headgear for the first time.

I'm looking at National Hunt only and am looking at horses who are wearing cheekpieces, blinkers or a hood for the first time.

Along the way I discovered a system with a 10,000% ROI!

Ok, I spotted a trainer who in 2014 only had one runner (Viking Rebel) who wore headgear for the first time and that runner won at 100/1.

Although that would make any system look like a winner I have not included it in my system below.

What I have got is a long list of trainers who had at least 10 runners wearing headgear for the first time from January 1st 2013 through to December 31st 2014 and who made a good profit at iSP with those runners.

Runs = 767
Wins = 127
Strike Rate = 16.56%
Profit at industry SP = 405.23
ROI = 52.83%

All the research was done on the data from 2013 and 2014 and if I run that system on 2015 so far it has already made 42 points profit in 2015.

But, here's the thing!

You could've backed every horse that wore headgear for the first time so far this year and made a profit.

I'm going to monitor this for a while and share any bets that come up on this page and then decide what to do with it once we have some live results.

There's no National Hunt racing today.

Today's Selection

3:10 Wolverhampton – Don't Be – win bet – 10/11 Paddy Power

Filed Under: Systems
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Lay the Frogs

Posted on January 26, 2015 by Dave French • 0 Comments

Don't you just love it when you spend hours researching a system looking into an angle that you think will highlight some winners all for nothing.

Or worse still when you research a system and you think you've found a micro system with a little pocket of profit and you set it up in Horse Race Base to notify you of future runners and a year later it's had just seven qualifying bets and all seven have lost.

That's the results from a system I created last January and I've been waiting for some live results to prove it works before I write about it.

It looks like that day will never come 🙁

Whats worse still is that Derek Miller has just released a laying system that uses a similar angle to make big profits from laying.

It's not the same angle I was looking at, I was looking at French bred horses on one particular all weather course.

Derek's system is selecting French breds in National Hunt races, but it does serve to remind me that there are profits in following horses that are bred for different environments and that I knew that but I didn't find the profit.

And Derek has.

The good news, for you, is that the system is free.

You can get it here http://dailypunt.com/freelayingsystem

Today's selection

17:10 Wolverhampton Apparatchika – win bet – Evens Boylesports

Filed Under: Systems
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Tag Archives: Wolverhampton

Green Up: How To Calculate Your Stakes

Tongue Tie Research

Headgear Racing System

Lay the Frogs