Six Keys To Punting Success - Part 4
This series of articles has already
discussed realistic profit on turnover, losing runs and probability. Today
I want to write about market percentages.
Punters today have a wide variety
of opportunities to gain the best prices and by having access to Betfair,
best tote products and bookmakers we have a luxury that wasn’t available
to us 10 years ago. Betfair often operates as low as 101%, the totes at
118% and bookmakers at somewhere between 110% and 140%. But what does that
all mean?
Odds Market % 1. $2.5 = 40.00% 2.
$4.0 = 25.00% 3. $5.0 = 20.00% 4. $8.0 = 12.50% 5. $12 = 8.50% 6. $17 =
5.88% 7. $34 = 2.95% 8. $51 = 2.00% 9. $71 = 1.40% 10. $101 = 1.00% TOTAL
118%
The above odds typify a TAB market
which operates at approximately 118%. This means that if you were to back
each horse to collect $100 it would cost you $118. That is because the
TAB deduct around 18% from the total pool before distributing the remainder
between the total number of units bet on the winner.
Below is the same market at 110%
1. $ 2.80 2. $ 4.30 3. $ 5.50 4. $ 8.50 5. $14.00 6. $20.00 7. $34.00 8.
$51.00 9. $71.00 10. $101.00
Below is the same market again, but
this time at 101% 1. $3.00 2. $4.40 3. $6.00 4. $9.00 5. $15.00 6. $21.00
7. $41.00 8. $61.00 9. $71.00 10. $101.00
This series will continue in coming
weeks with the following topics: (5) Discipline is the key (6) Betting
with ratings
David Duffield provides horse racing
tips, ratings, lay betting and sports tips that will help you turn into
a winning punter. To learn more please visit Horse
Racing Tips.
Article Source:
Amazines.Com