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Comments on: Horse Racing Betting Angles: Part 1, Research Principles https://rpapi.ggzssd.co.uk/2020/03/26/horse-racing-betting-angles-part-1-research-principles/ Just another geegeez site Mon, 30 Mar 2020 19:53:30 +0000 hourly 1 https://wordpress.org/?v=5.7.15 By: Matt Bisogno https://rpapi.ggzssd.co.uk/2020/03/26/horse-racing-betting-angles-part-1-research-principles/#comment-574 Mon, 30 Mar 2020 19:53:30 +0000 https://www.geegeez.co.uk/?p=2802802#comment-574 In reply to davevart.

Hi Dave

There just isn’t a “one size fits all” answer to this, I’m afraid. As I’ve said above, it very much depends on your own style, appetite to risk etc.

Strike rate is about your ability to handle a losing run, ROI can be more about turnover and therefore might throw up way more bets than some are comfortable with, and so on.

In part 3, I’ll share the sorts of numbers I’m comfortable with, but in no way does it constitute advice because, at the risk of murdering the point, everyone is different!

Matt

]]> By: davevart https://rpapi.ggzssd.co.uk/2020/03/26/horse-racing-betting-angles-part-1-research-principles/#comment-573 Mon, 30 Mar 2020 19:47:03 +0000 https://www.geegeez.co.uk/?p=2802802#comment-573 What sort of numbers do you start having belief in your results ie. for 80 bets a month what SR, ROI, Chi Scr, Place SR would you want to have betting confidence?

]]> By: waywardlad https://rpapi.ggzssd.co.uk/2020/03/26/horse-racing-betting-angles-part-1-research-principles/#comment-572 Sat, 28 Mar 2020 13:31:26 +0000 https://www.geegeez.co.uk/?p=2802802#comment-572 In reply to Matt Bisogno.

Thanks for putting up these discussion points Matt. With having time on our hands, we have the perfect opportunity to do some proper research, and learn about the aspects of horseracing that make it such a compelling medium for some. I’d be happy to contribute to an online chat if you are up for organising one. Ian

]]> By: Matt Bisogno https://rpapi.ggzssd.co.uk/2020/03/26/horse-racing-betting-angles-part-1-research-principles/#comment-571 Fri, 27 Mar 2020 17:54:43 +0000 https://www.geegeez.co.uk/?p=2802802#comment-571 In reply to waywardlad.

Good advice, Ian, thanks.
You’re ahead of the game by knowing what works for you; and the point about testing on a subset of data is a really valuable one.

Matt

]]> By: waywardlad https://rpapi.ggzssd.co.uk/2020/03/26/horse-racing-betting-angles-part-1-research-principles/#comment-570 Fri, 27 Mar 2020 17:19:03 +0000 https://www.geegeez.co.uk/?p=2802802#comment-570 What I do when looking at systems is to try and see if it is profitable a) from a random period, and b) does it fit my betting style. For (a) I look at past results and I compare the average odds of the selections with the average odds of the winners. For me, a system isn’t worth following if you require a 25/1 winner from every 23 wagers to make a profit. And that leads me to (b) betting style. I know it’s not what people want, but I’d rather have 2 winners from every 6 wagers at average odds of 5/2 (1pt profit from every 6pts staked).

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