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  #1  
Old 06-15-2008, 12:43 PM
Bobby Fischer's Avatar
Bobby Fischer Bobby Fischer is offline
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Quote:
Originally Posted by Bobby Fischer
Race2 Belmont $2 place #5
win, return $3.00
new bankroll = $1112.25


Comments: seemed like a great value play. Expected $3 back in the place pool on the 6/5 shot. #5 was full of juice, recently gelded and well bet and faced 4 entries. His main rival was not recieving lasix. Didn't want to invest in a 2yo first time starter race, hence the "fun" size wager.

Last edited by Bobby Fischer : 06-15-2008 at 12:44 PM. Reason: ftfy
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  #2  
Old 06-15-2008, 12:49 PM
ArlJim78 ArlJim78 is offline
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i'm on the edge of my seat.
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  #3  
Old 06-15-2008, 01:36 PM
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Bobby Fischer Bobby Fischer is offline
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Belmont Race4 $10 to win on #3 Polonui
estimated $2 price=7
est. hit%=.3
Value=1.05
edgefactor=.315
wager amount=10

+

Belmont Race4 $24 to show on #3 Polonui
estimated $2 price=3
est. hit%=.7
Value=1.05
edgefactor=.735
wager amount=24
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  #4  
Old 06-15-2008, 01:45 PM
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Bobby Fischer Bobby Fischer is offline
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Quote:
Originally Posted by Bobby Fischer
Belmont Race4 $10 to win on #3 Polonui


Belmont Race4 $24 to show on #3 Polonui
lose, loss = $34
new bankroll = $1077.25



Comments: Clemente layoff horse didn't fire. Did not appear to enjoy slow pace on slow turf, was well held & rank through traffic for most. May not be much horse, or could surprise in a future weak turf sprint.
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  #5  
Old 06-15-2008, 03:43 PM
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Bobby Fischer Bobby Fischer is offline
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Belmont Race8 $29 to show on #6 Lovely Isle
estimated $2 price=3
est. hit%=.75
Value=1.125
edgefactor=.84
wager amount=29
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  #6  
Old 06-15-2008, 03:56 PM
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Bobby Fischer Bobby Fischer is offline
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Quote:
Originally Posted by Bobby Fischer
Belmont Race8 $29 to show on #6 Lovely Isle
win, return = $44.95(14.5*$3.10)
new bankroll =1093.20

Comments: $3.10 great value on the far superior animal paying 6-5 to win.
Adjusted the formula here: BANKROLL*VALUE*HIT%*.033.
Originally I was going to use *0.1 , however the goal of this is to show consistent longterm profit so it was reduced to a third.
I would have gone heavier here anyway, but I couldn't believe that everyone didn't put huge show money on the 6 after OFF. I was worried he would go off at 2.50 to show.
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  #7  
Old 06-15-2008, 04:41 PM
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hoovesupsideyourhead hoovesupsideyourhead is offline
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Quote:
Originally Posted by Bobby Fischer
win, return = $44.95(14.5*$3.10)
new bankroll =1093.20

Comments: $3.10 great value on the far superior animal paying 6-5 to win.
Adjusted the formula here: BANKROLL*VALUE*HIT%*.033.
Originally I was going to use *0.1 , however the goal of this is to show consistent longterm profit so it was reduced to a third.
I would have gone heavier here anyway, but I couldn't believe that everyone didn't put huge show money on the 6 after OFF. I was worried he would go off at 2.50 to show.
you bet lovley isle to show.. you are an idiot
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  #8  
Old 06-15-2008, 04:15 PM
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Bobby Fischer Bobby Fischer is offline
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Belmont Race9 $1ex bx 1,2,3,9 =$12
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  #9  
Old 06-15-2008, 04:21 PM
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fpsoxfan fpsoxfan is offline
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I appreciate what you are trying to do here, but it would take the patience of Jobe to accomplish this. Your last bet should have been a large show bet on the 1 or 3 as the prices were not bad for what you are trying to do.
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  #10  
Old 06-15-2008, 04:33 PM
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Bobby Fischer Bobby Fischer is offline
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Quote:
Originally Posted by Bobby Fischer
Belmont Race9 $1ex bx 1,2,3,9 =$12
Lose, loss = $12
new bankroll =1081.20


Comments: I was wrong about thinking First Defence had a 70% chance of quitting out of the exacta. One of those cases where you are basically making a best "guess". In hindsight, a very bad guess. I also think I was too aggressive and should have held out for great value on a guess.
Math=
exotic cost= $12
min expected payout = $20 for $1
estimated $2 price=3.33333
est. hit%=.70
Value=1.155
edgefactor=.80
wager amount=28
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  #11  
Old 06-15-2008, 04:37 PM
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fpsoxfan fpsoxfan is offline
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Quote:
Originally Posted by Bobby Fischer
Lose, loss = $12
new bankroll =1081.20


Comments: I was wrong about thinking First Defence had a 70% chance of quitting out of the exacta. One of those cases where you are basically making a best "guess". In hindsight, a very bad guess. I also think I was too aggressive and should have held out for great value on a guess.Math=
exotic cost= $12
min expected payout = $20 for $1
estimated $2 price=3.33333
est. hit%=.70
Value=1.155
edgefactor=.80
wager amount=28
On a four horse box for $12 with a 1,000 bankroll? Your kidding...right?
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  #12  
Old 06-15-2008, 04:50 PM
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Bobby Fischer Bobby Fischer is offline
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Quote:
Originally Posted by fpsoxfan
On a four horse box for $12 with a 1,000 bankroll? Your kidding...right?
Bet size is pretty much a secondary concern.

The only thing to think about with bet size right now is to keep it small enough that randomness will not skew the results.

The main concern is accurately finding high value plays.
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  #13  
Old 06-29-2008, 08:17 PM
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herkhorse herkhorse is offline
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I'm going to go out on a limb here and answer your original question.

No















( Just bustin chops BF, I really do understand what you are trying to accomplish here and I applaud you for it. I know you're working with a longer time frame than just 2 weeks. It just reminds me of a good friend of mine (masters in mathmatics) who has been making a "living" the last three years playing online poker. He definitely turns a monthly profit and all, but man, the hours he spends on it are ridiculous.)
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