... What are the chances?...
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Me an my sister ended up meeting at my mums house and then spending a few hours gardening.
Well, it was more like d-weeding all the flower beds.
I must admit though it did look good when we had finished.
Still should do it more often so it doesn't take so long :-)
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Morning!
Sometimes racing can seem like just a random event where who actually wins is actually determined by the "Luck of the draw".
Of course, it is not otherwise you wouldn't have statistics that have stood up year after year.
I suppose a test could be tried on Greyhounds where there are 6 runners, so a 6-sided dice could be used to roll and see how often you get it right.
We know that favourites win around 35% of the time and 2nd favourites around 23% of the time.
If you add those two together then that's 55% chance of winning on the 1st or 2nd favourite.
If you try dutching these two you can win quite often but you would need to watch the book value to decide if the profit is worth taking them on.
Personally, I like a book value of between 45% and 65% I always think I can do something with that level of profit.
The other thing you could do is try some random test like Backing them alternatively (in paper mode of course) to see if you can make something work.
Often you can "Place" a second favourite for over 2.0 and sometimes even a favourite for a similar price.
So now you don't even need them to win.
I am not saying for one moment this will work...
But if you think it is just a random event, this may help you see otherwise.
The alternative is to use the Greyhound Database Software and really look at how statistics can help you find potentially profitable angles.
The "Quick Analyse" tool makes it even easier and I will be rolling out more of these buttons this week.
Click Here to find out more about the Greyhound Database Software.
https://www.cashouttrading.com/mgdbs.asp
Malcolm
I create the tools so you can create systems.