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Longshots

Started by muggins, September 02, 2014, 06:32:49 AM

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muggins

Todays selections, quite a few today.

muggins

YAY a winner at last. :o



Todays selections attached.

muggins

One winner again:



Todays selections attached.

Leapyfrog

Muggins,

As you know I have been using this concept and I must conclude that based on the short period where i have trialled it, it is really working well. See below, and once again a big thank you. The returns are based on a 5 quid investment.

[attachimg=1]

Keep up the great work and I will be eagerly looking forward for your selections every day, as the selections are really interesting.

Cheers
Leap
Giant leap is formed of baby steps.

klw

Hi Muggins -- A couple of questions if I may. Well done with the winners by the way, hopefully we've hit bottom  :)

The credits for your last 2 winners are less than the odds you have displayed e.g Hostile fire yesterday , the sp was 6.6 and your winnings were £53.20,that doesn't make sense to me, why is this ?

Secondly my winners for the last 2 days show 10.5 and 9.0 when yours shows 7.8 and 6.6. Not complaining in any way, just wondering why ?

When I place my bets I click on the " sp " to the right of the horse on the race card , the bet slip comes up I put my stake in and click on " place bets " . I don't touch anything else. Am I doing anything different to you ?

Don't want to miss out when the big 1 comes in lol.

Cheers.


klw


Leapyfrog

Quote from: klw on September 17, 2014, 10:29:23 AM
The credits for your last 2 winners are less than the odds you have displayed e.g Hostile fire yesterday , the sp was 6.6 and your winnings were £53.20,that doesn't make sense to me, why is this ?
This i can answer. The bet amount was 10. If this is a win you will get 66 back. that's a profit of 56 (66 return -10 bet). Bet fair default commission charge is 5% on any profit per market. So 5% on a profit of 56 is 2.8. The final amount that will be settled for you is 53.2 (56 profit less the 2.8 commission).

Now consider instead of one selection from a race you had two selections at 6.6 and 10.5. The selection 6.6 won. The profit you get is 46(66 return - 10 bet on 6.6 and 10 bet on 10.5). The commission charge will now be 2.3 and the final amount settled for you is 43.7. Hope this clarifies the doubt you had.


Quote from: klw on September 17, 2014, 10:29:23 AM
Secondly my winners for the last 2 days show 10.5 and 9.0 when yours shows 7.8 and 6.6. Not complaining in any way, just wondering why ?
I might know why. But let me confirm the BFSP of winners yesterday. See below, Hostile fire BSP is 6.6.

[attachimg=1]

Quote from: klw on September 17, 2014, 10:29:23 AM
When I place my bets I click on the " sp " to the right of the horse on the race card , the bet slip comes up I put my stake in and click on " place bets " . I don't touch anything else. Am I doing anything different to you ?
I believe you might be using the sportsbook instead of the exchange.  In sports book, what you have to do is click the SP next to it. As far as i know it is someething that is provided by the bookies. However if you do in exchange it uses a formula based on backer and layer odds and balance it out to calculate the SP. An example of getting bet fair SP for a race today.

Select the Horse racing under Exchange option in Betfair
[attachimg=2]


Go to the race card and click on the checkbox that says Betfair SP. You will get an additional column in the middle.

[attachimg=3]

Click on SP against your selection and not the exchange numbers, and then you pray to God (just kidding) then you will be guaranteed the same price that Muggins uses :).

[attachimg=4]

Cheers
Leap
Giant leap is formed of baby steps.

muggins

Leapyfrog has it right, even if I get a better price than what the BFSP is I just use the BFSP for the end of day calculations and you have take into account the backing amount and BF commission for returns.  On another forum which will remain nameless I was accused of making up prices with selections I posted because they were often unobtainable by the time I posted my selections for everyone to see (prior to running).  Therefore here I only post BFSP that way there can be no arguements.  Before the off in all likelyhood you could have gotten better odds or in some cases worse odds on the winner (s) than the BFSP.

klw

Thank you for your time and replies gents.

muggins

Off to a good start to the day, then the rot set in with some close seconds.  :upsidedown:



Todays selections attached, many selections and a lot of multiples so use discretion if you choose.

Leapyfrog

I have a real strange feeling on today's selections. Good luck Muggins.
Giant leap is formed of baby steps.

muggins

That was not the greatest, unfortunately I sort of expected it a bit, as Leapyfrog did to I think.



Today's selections attached.

Leapyfrog

Quote from: muggins on September 19, 2014, 08:31:27 AM
That was not the greatest, unfortunately I sort of expected it a bit, as Leapyfrog did to I think.
Today's selections attached.
Yes, i thought yesterday was punters day, with most of the races not running with long favourites, with multiple selections filtered through your winning criteria it could have gone either way. Glad had my money on Harrisons cave and Portrade. As the day drew close, I thought you almost nailed it on Oakbank as i was watching them run. But today after a long time, I think we will at least have a double winner. I also think some of your selections will be favourites or JF before the running. Cheers m8.
Giant leap is formed of baby steps.

muggins

A better day finally, got back on track a bit.  :-*



Todays selections attached.

esoito

I could hear sighs of relief!  They'll help the deficit. More to come...  ;)