Rmath and Jimbob I am glad your finding this helpful.
FTL Yes I hit your
PLUS senerio #1 It has always been a spot play for me.
As you wrote, in the earlier post the place price was almost the same as the win price
I want to see if my method of adding a place bet on horses over 4/1
as is Doc's guidelines is a positive way to bet
I ran four lines on the spreadsheet, Using my two betting selections # 1 and 7
These 4 lines are choices I had
Note : I used the average place price of $5.20 since its more likely that the entry will not run 1-2 I derived this figure from the data you posted
yesterday on the stats of place prices for horse 4/1 to 4.99/1
AAA is if I had bet $50 win on both the 1 and the 7 - Win return
$275
BBB is if I had bet $60/$40 on the low odds 7 and high odds 1 =
$220
CCC My actual bet $40 win on the 7, $25 win $35 place on the 1 =
$228.50
DDD same amounts but with more on the win than place # 1 =
$257.50
EEE is the always popular $25 win/place bet on the #1 and #7 =
$202.50
**
Method AAA is the best profit maker
I used method CCC however method DDD pays better and I do get the
insurance against long losing runs. I use these and it seems to support Doc's other guideline of always bet in a way were you never fall too far behind.
thoughts ?
Bill