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Comments on: Exotic Betting: Multi-Race Bets (Part 2) https://rpapi.ggzssd.co.uk/2020/04/08/exotic-betting-multi-race-bets-part-2/ Just another geegeez site Sun, 12 Apr 2020 22:20:47 +0000 hourly 1 https://wordpress.org/?v=5.7.15 By: Matt Bisogno https://rpapi.ggzssd.co.uk/2020/04/08/exotic-betting-multi-race-bets-part-2/#comment-632 Sun, 12 Apr 2020 22:20:47 +0000 https://www.geegeez.co.uk/?p=2803144#comment-632 In reply to lickybits.

It would be less, yes. The cash out algorithm takes into account the number of remaining tickets, as well as the likelihood of the remaining nominated selections being correct.

It’s a clever and complex bit of kit, but obviously it’s weighted in favour of the house.

Matt

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By: lickybits https://rpapi.ggzssd.co.uk/2020/04/08/exotic-betting-multi-race-bets-part-2/#comment-631 Sun, 12 Apr 2020 21:06:58 +0000 https://www.geegeez.co.uk/?p=2803144#comment-631 I’m often curious how cashout offers are arrived at, if someone has an outsider say in the last race had opposed to say a favourite would the cash out offered be less has it had a lesser chance of getting placed

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By: robertreed https://rpapi.ggzssd.co.uk/2020/04/08/exotic-betting-multi-race-bets-part-2/#comment-630 Fri, 10 Apr 2020 19:17:16 +0000 https://www.geegeez.co.uk/?p=2803144#comment-630 really enjoyed the tutorial it goes well with Beyer On Speed which I’m still figiuring it out

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By: lickybits https://rpapi.ggzssd.co.uk/2020/04/08/exotic-betting-multi-race-bets-part-2/#comment-629 Thu, 09 Apr 2020 20:18:54 +0000 https://www.geegeez.co.uk/?p=2803144#comment-629 A great read and my favourite bet is a placepot, been doing it some 25 years with £19,600 my largest win, most years i lose slightly overall, i have a slightly different aproach to placepots or i have until now but youve given me a lot to think about…

im more likely to appose favs and 2nd and 3rd rated horses in handicap races..
in smaller fieled races of between 5-6 runner ill often pick 2nd and 4 rated horse … 2 picks
in fields of 7 runners i pick 3rd 5th and 6th priced horse …. 3 picks
specially in handicap races has i feel smaller field races often arent true run races when you consider pace..

i often consider leaving out the more fancied runners in the later races and including more picks, has it seems to be that often where the majority of people get thrown out of placepot pools..

in large field handicaps im prone to look at horses towards the upper and lower end of the handicap.

but where you bet smaller amounts on the outsiders and bigger amounts on the more favoured runners is somethink id never considered before , but after reading your write up i will be doing in future, i’ve been putting all my selections on one slip at same unit stake i.e 2 x 2 x 3 x 2 x 2 x 3 = 144 bets at 20p = £28.80
and although i sometimes get the pplacepot up where a lot of the fancied horses have got placed i often take a loss

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By: Matt Bisogno https://rpapi.ggzssd.co.uk/2020/04/08/exotic-betting-multi-race-bets-part-2/#comment-628 Thu, 09 Apr 2020 14:53:10 +0000 https://www.geegeez.co.uk/?p=2803144#comment-628 In reply to Martin Colwell.

You’re welcome, Martin. I’m a big advocate for Colossus Bets. The pools are smaller but they’re guaranteed to a decent sum (assuming there’s a couple of good-looking shorties in the sequence) and can represent really solid value.

I have historically had a good go at Irish pick4 bets, confusingly called ‘jackpot’. They’re both gettable and often solid value: I still look out for the rollovers there.

And the UK tote has some big rollover pools, though mainly on the Scoop 6 which isn’t a bet I play. (Too difficult).

Hope that helps,
Matt

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By: Martin Colwell https://rpapi.ggzssd.co.uk/2020/04/08/exotic-betting-multi-race-bets-part-2/#comment-627 Thu, 09 Apr 2020 14:31:06 +0000 https://www.geegeez.co.uk/?p=2803144#comment-627 Thanks for these pieces of work Matt.

How do you place your bets as above? What sites are best to use?

Regards Martin

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By: Matt Bisogno https://rpapi.ggzssd.co.uk/2020/04/08/exotic-betting-multi-race-bets-part-2/#comment-626 Thu, 09 Apr 2020 12:35:47 +0000 https://www.geegeez.co.uk/?p=2803144#comment-626 In reply to DogsBody.

Yes, sorry, the sound was terrible. Basically all my recording equipment is at the office, which I can’t travel to because of the lockdown. I’ll re-record this one when I can get to the office.

Matt

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By: DogsBody https://rpapi.ggzssd.co.uk/2020/04/08/exotic-betting-multi-race-bets-part-2/#comment-625 Thu, 09 Apr 2020 12:09:30 +0000 https://www.geegeez.co.uk/?p=2803144#comment-625 Great video (terrible sound quality, time for a new mic I think!).

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By: Matt Bisogno https://rpapi.ggzssd.co.uk/2020/04/08/exotic-betting-multi-race-bets-part-2/#comment-624 Thu, 09 Apr 2020 11:37:42 +0000 https://www.geegeez.co.uk/?p=2803144#comment-624 In reply to simon boardman.

Hi Simon

I think with last legs, it is smart to either have a degree of coverage or use the top of the market.

It’s a bugger when a 5 horse race goes to 4 and therefore win only, but if you’re on the favourite you can always either lay that (win, not place) or look at exactas with the other runners.

If you’ve only got the outsider of four, your hands are tied. Both these points are covered in the above article, I think.

Best,
Matt

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By: simon boardman https://rpapi.ggzssd.co.uk/2020/04/08/exotic-betting-multi-race-bets-part-2/#comment-623 Thu, 09 Apr 2020 11:07:18 +0000 https://www.geegeez.co.uk/?p=2803144#comment-623 Excellent write up Matt , plenty of food for thought there. on Cash Outs , my experience so far has been harrowing !! you will have to trust me on this one ! i got to the 6th leg and i only had one selection in what was a 5 runner affair when i placed the bet . there was now a non -runner and my selection was now the outsider of the 4 . i was offered £60 as a cash out and my selection had drifted out on the BF market . of course you can guess what happened next , i cashed out and my selection won and my percentage of the pot would have been around £600 !! Now i guess the schoolboy error is only picking one selection in the last leg when it only had initially 5 runner but as this similar scenario has happened several times before , i have now decided that its Win or Bust ! this helps your mindset going forward and saves you from mentally beating yourself up for days like i did in that case !! i also think deciding whether you are going to be a Gung Ho Placepotter or a rather more Cautious Operator is a good idea.
Thanks Again Matt.

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