And Apache Outlaw gets sent off at 5/2 and comes nowhere. It was a bet and we have another winner in the bag.Mondrian wrote:Today's selections run in the 2:00 race at Exeter. They are Romeo is bleeding and Apache outlaw. If the odds of either of these two horses falls to less than 11/4 just before the off, then lay them to lose. If both fall to < 11/4, lay both horses to lose. Otherwise, leave them alone.
As usual, I will post the results after the race.

And Romeo is Bleeding gets sent off at 4/1 and comes nowhere. Great pity because it was a no bet because the odds were too high.
Here's the stats based on Value:
Number of Tips: 33
Number of No Bets: 20

Winning Bets: 10

Losing Bets: 3

Strike Rate: 76.92%

Profit/Loss: +£1.61

Return on Investment: +12.39%

Here's the stats based ignoring value:
Number of Tips: 33
Winning Bets: 25

Losing Bets: 8

Strike Rate: 75.76%

Profit/Loss: -£0.01

Return on Investment: -0.03%

This assumes laying for a liability of £1 at exchange odds and 5% commission paid on winnings.
Ignoring value, we make a loss of 0.03%

Not ignoring value gives a profit of 12.39%

However, we have so few bets at the moment that the results are subject to major change.
On the morrow malchicks.