Layers Of Profit Mk II – Days 38 to 45

Trial details

Lay on exchange (using Betfair here) with max odds of 4.0

Starting bank was 35 pts (£350) using 1 pt = £10

Days 38 to 45

Bank at start of day : 44.54 pts (£445.40)

Selections  :


Date Time Course Selection BFSP (Lay) Position Profit
18/08/2010 04:40 York Sooraah 3.45 5th/8 0.95
19/08/2010 03:05 Musselburgh Zubova 3.15 1st/8 -2.15
20/08/2010 06:45 Wolverhampton Fantasy Fighter 5.6 2nd/13 No bet
21/08/2010 06:05 Bath Vhujon 5.9 3rd/8 No bet
22/08/2010 03:20 Musselburgh Cat O Nine Tails 5.4 1st/7 No bet
23/08/2010 03:45 Kempton Island Legend 2.72 2nd/9 0.95
24/08/2010 08:10 Kempton Saute 3.25 2nd/9 0.95
25/08/2010 04:00 Brighton Mr Irons 4.9 3rd/7 No bet


Profit/Loss : +0.70 pts (+£7.00)

Cummultative Profit/Loss : +10.24 pts (+£102.40)

New Bank : 45.24 pts (£452.40)

To lay at 4.0 or not?

The figures above all reflect the maximum lay price of 4.0.  Just for information, if you had layed every selection regardless of BFSP, after day 45 you would be +20.34 pts (+£203.40) in profit rather than the +10.24 pts (+£102.40).

There have been a number of horses that have ended up as no bets due to their price starting off at more than 4.0 on the exchange.  So, looking at another angle, if for each horse you requested 4.0 on the exchange (if the price was lower at the time, it would be matched, if not leave to ‘keep’ at the race start), you would be +17.54 pts in profit (+£175.40) to level stakes.  Do the same with a figure of 5.0 and the profit increases slightly to +19.79 pts (+£197.90)

I do like some stats with my breakfast 🙂

Cheers,

Sgt Rob.

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