Comments for Race Advisor

Comment on The Superior Ratings System by Paul

Paul — Fri, 10 Sep 2010 09:58:18 +0000

Hi All

This seems remarkably similar to Paul Majors method in his book Horse Sense Major methods of finding winners (the uk adaptation of Laurence Voegle’s book).

Kind Regards

Paul

Comment on Greyhounds – Predicting the Results by The Race Advisor

The Race Advisor — Fri, 10 Sep 2010 09:26:50 +0000

Hi Glen,
Hoping to write at least 1 a month, possibly more if there is time. Not to worry though it will be constant.

Comment on Greyhounds – Predicting the Results by glen

glen — Fri, 10 Sep 2010 00:10:49 +0000

Hi R A
How often will you be adding to this as i am looking
forwards to the next installment as i do like a wager now and again on the greyhounds
regards
glen

Comment on Sports Arbitrage – How many bookie accounts do I really need? by Neil Macadam

Neil Macadam — Thu, 09 Sep 2010 12:49:35 +0000

You have failed to point out however,one critical piece of information. Online betting sites will close or limit your account very quickly when you continually beat the SP thus rendering online “arbing” effectively impossible for any meaningful period of time.

My persoanl record is 6 bets – account limited with William Hill. Bookies don’t like you beating SP. In reality you may be able to do this for a month or two but they will limit you and that is guaranteed.

Of course, if you are prepared to go to the shops and put your bets on there then fine, but of course you can’t cover 39 shops now can you.

Comment on Greyhounds – Predicting the Results by The Race Advisor

The Race Advisor — Tue, 07 Sep 2010 15:39:18 +0000

Hi Tim, that would also make sense. I must say again that greyhounds are not my specialist area and am learning a lot as I go. Would you say that Open Races are harder than Graded? I would have thought that although it will still be difficult to predict the Open’s it would be harder still to predict the Graded.

Comment on Greyhounds – Predicting the Results by Timothy

Timothy — Tue, 07 Sep 2010 15:33:44 +0000

A Very intereting read.
BUT I disagree with your comment on Open races, as most of these races bring together greyhounds which have ran at different tracks and various goings etc which means it is very dificult to find the winner based on racing times.

Tim

Comment on What Is The Chance Of Me Losing My Bank by The Race Advisor

The Race Advisor — Sun, 05 Sep 2010 08:56:10 +0000

Of course without positive expectation risk of ruin is 100% given enough bets and time. What I was hoping to get across in this article is how you can assess the level of risk of ruin. Ultimately even with a positive expectation there will always be a risk of ruin because you could hit a streak that depletes your bank. What the above calculations do is to help you assess the level of bankroll you may require dependant on how risk adverse you are. How risk adverse you are is likely to be based, in some part, on whether you bet for a living and need to pay bills with the money or for a hobby.

Comment on Greyhounds – Predicting the Results by glen

glen — Sat, 04 Sep 2010 23:31:11 +0000

VERY interesting and informative
looking forwards to the next installment

regards
glen

Comment on What Is The Chance Of Me Losing My Bank by chris b

chris b — Sat, 04 Sep 2010 19:57:54 +0000

I made an effort to read all the articles on this site today (04/09/10) and this one intrigued me the most. I have seen many similar formulae but these all contain references to ‘positive returns’. The above formula does not contain any such reference. Without positive expectation, risk of ruin is 100%. Play long enough with a negative expectation and you will lose all your money. In addition, positive expectation does not always mean a profitable outcome as in the case of over trading.

Of course it’s a long time since I studied maths and I could easily be wrong.

Comment on Understanding The Official Rating by Bob Fraser

Bob Fraser — Fri, 03 Sep 2010 21:36:33 +0000

Appreciate these historical stats and what can be gleaned from them. Thanks for the information. I only wish I had a DB that I could play with but I can’t afford anything like the stuff that can be bought/queried from Proform/Timeform/Smartform/Flatstats, etc., etc..
There’s HorseRaceBase.com but that’s online and doesn’t allow downloading.
So thanks for these forays into the past.