Fluffy said:
alright I realise that using the idea I came up with wont work when betting on team sports.
However, it can be used in horse racing to minimise risk?
this friday i bet on a competition, looks similar to the following
A- 5
B- 7
C- 8
D- 9
E- 9
F- 10
G- 10
H- 11
I- 11
J- 11
K- 11
By what I know the ones most likely to win are either A, D, G, I & K. Seeing as A has the lowest odds I can only bet what I win off A. So I put 10 on all of them. Later on all the ones I predicted moved into the top 5 positions. If it was game based on chance then I would have a pr of 4/11 that Ill win and 1/11 that i break even. However, it is not chance the odds that one of the ones I tip will win are far greater and I have effectively decreased my risk.
PS: Im pretty sure parimutal betting is used in sports aswell, making it easy to beat if you know your stuff.
I'll give you a tip.
the closest thing I came to figuering out a type of foumla was trainer stats + workouts.
go to brisnet.com an sign up. they have stats for just about everything. carp you wouldn't even think about. Not many peopple at the track know this trianer is .40% when he raises his horse up two classes after 2 sttarts at a sprint and going to a route.
But even that. To make a profit at horse racing or any game, you have to realize/know something that the avg person doesn't. That that 1 length win he made was with a horrible trip and still did it under wrap. That the dead last he had last race he bleed out and how has lassix, and the trainer is 40% on first time lassix
The best day I had this year was Dubai World Cup day, march 31st. I wasn't even in the country, I was actually in Dubai, but I had an internet connection and made my bets via online before I actually went to Dubai becuase you can't bet in dubai.. plus that would have defeated the purpose.. id idn't want to bet against the english/uk pool I wanted the American pool. why?
because they are ignorant, horribly ignorant when it comes to international racing.
lava man going off as the 5/2 fav.. for no other reason than that was the only horse that everyone "knew" in the race.
Lava man is a California based horse who can't win a race outside of his state, and you want to ship him half way across the world to race on a surface he isn't that good on (turf?) against the creme de la creme in the world...yeah 7/2 baby.
I couldn't believe my eyes when Admire Moon was going off at 12-1.... in the American pool. To put that in perspective, in the English pool he was about 7/5 and was the odds on fav.. because he was probably the best grass horse in the world. however he's from Japan and Americans don't know jack **** about Japanese racing, even though it come son TV all the time and i had seen 5 of his races already. I mean I would be lying if i said I KNEW he was going to win, but he was going to be in the running..I liked a couple of other horses, but f that. That's like me giving you 12-1 on Curlin in a Grade 2 race
Even in the Sheema Classic where Vengeance of Rain won, he figured, but american tote had him going off at I think 9 to 1 and honey ryder, an overrated todd pletcher horse, going off like at 3-1. I had youmzain, another japanese based horse.... I think he finished 2nd. But I made more than enough money on Kelly's Landing and Admire Moon.
the only race they got right was Invasor, who wasn't even 100% and was much the best in that race. Anyone who knew anything knew Discreet Cat hat little to no chance... and was not a true 2nd choice.. he's held togehter by a paper clip and is basically a glorifed sprinter trying to go double the distance what his pedigree entales.
Also, a tidbit for ya... The sire (dad) of Discreet CAt.. who in all honesty is probably the 2nd best older horse in the world (on the dirt) when healthy... (that's the key, he is never healthy, and he wasn't healthy that race, he had just scrated out of a race 2 weeks earlier) is Forestry (by storm cat)
forsestry is also the sire of the green money, who is the most expensive horse ....EVER.
he sold last year for 16.4 million dollars
here is a pic of him
http://www.pedigreequery.com/the+green+monkey
I tell ya, if you ever had to design a race horse... he's the model... but the horse, just like Discreet cat and Forestry, are held together by paper clips.. the money pulled an ass muscle and hasn't raced and can't outrun a trailer