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Lay 3Rd Fav With Recovery


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#31 Jimboo

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Posted 12 March 2010 - 04:34 PM

... the results are better with the 3rd favourite than the 1st favourite :) .


yes, laying the 1st fav can be a good profit for a while but one bad day (so 1st mostly wins) and your bank is zero :lol:

#32 laymaster2

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Posted 12 March 2010 - 05:07 PM

your bank is zero


if the bank is 0 ,we don't lose money :lol:

#33 JAYER279

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Posted 12 March 2010 - 09:47 PM

I must admit I have set my bot to follow this method over the last 3 days.

I am now the proud owner of 8 profit. Confidence is increasing though, and so will my staking!

#34 Jimboo

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Posted 12 March 2010 - 09:54 PM

be careful by increasing the stake! this system is a good choice to make a fine profit, but only, when you be really careful!

the fine thing: not time consuming, relative sure, you can sleep during earning some money.
the other side: lay betting with high prices can demolish the bank faster than you can look and if you set the stake to high and the bank is to small, then this system crashes one day - but you dont know which day :lol:

#35 JAYER279

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Posted 12 March 2010 - 10:25 PM

be careful by increasing the stake! this system is a good choice to make a fine profit, but only, when you be really careful!

the fine thing: not time consuming, relative sure, you can sleep during earning some money.
the other side: lay betting with high prices can demolish the bank faster than you can look and if you set the stake to high and the bank is to small, then this system crashes one day - but you dont know which day :lol:


Thanks for the advice Jimboo.

I have done a lot of calculations for this and have the bot stop when I have made 4 x race liability. There is a stop loss set also so I dont wipe out the bank.

Can any one tell me what the probability of the 3rd fav winning 4 times on the trot is though? It must be incredibly low.

#36 laymaster2

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Posted 13 March 2010 - 12:23 AM

if you have 3 winners in a row at about 5 and in the end 1 other winner ,it is the

finish of the good life even if you have a recovery plan . B)

it is again one of my bad experiences with the

greyhounds .these animals are strange :D

but in a good experience and to be optimist :lol: ,a day

i had 9 losing favoutites in a row .it was nicely B)

#37 Jimboo

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Posted 13 March 2010 - 08:15 AM

i had 9 losing favoutites in a row .it was nicely B)


1st fav, right? Some days the 1st fav mostly loose and you can make good money by laying them, but on other days it is more than the average of 30% they are winning and then you will beginning to loose a lot of money :huh:

#38 laymaster2

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Posted 13 March 2010 - 09:02 AM

but on other days it is more than the average of 30% they are winning and then you will beginning to loose a lot of money


yes it is the principal problem . B)

#39 Jimboo

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Posted 13 March 2010 - 01:19 PM

I have currently a bad run, so i set the max liability of recovery bets to 3.00 EUR

click!

#40 JAYER279

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Posted 13 March 2010 - 01:52 PM

You have got to laugh haven't you?! The curse of Jase strikes again.

4 from the 1st 6 won causing my bot to hit it's stop loss.

Never mind, the stakes were not massive so will keep playing this.

#41 Jimboo

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Posted 13 March 2010 - 02:03 PM

You have got to laugh haven't you?!


:D

New Rule: 50% of loss is going to be recovered, otherwise a higher bank is needed ;)

#42 laymaster2

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Posted 13 March 2010 - 02:04 PM

have currently a bad run, so i set the max liability of recovery bets to 3.00 EUR


i should back your selection :lol: :lol: joke

hope it will better for you at the end of the day B) ;)

#43 Jimboo

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Posted 13 March 2010 - 03:42 PM

I stop today. Bot didnt place any bet since the screenshot. The problem are the markets, the ranges between the back und lay price are to high without money and the liquidity in the markets is giong down since 14:00 :(

#44 laymaster2

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Posted 13 March 2010 - 06:31 PM

giong down since 14:00


we are saturday :unsure: strange. :blink:

#45 Jimboo

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Posted 13 March 2010 - 07:18 PM

we are saturday :unsure: strange. :blink:


oh yes, normally saturdays this is the top place for burning money :lol:
i didnt understand this trend.. ok, first day with a loss but doesnt matter... the next days will be better :)


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