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May - Practice Start a new Thread with your User Name - practice making Contest selections and posting your screenshot and decision explanation

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Old 05-28-2012, 07:20 AM   #11
barb craven
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Crc race 7

$25 w,p 1,8
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Old 05-28-2012, 07:38 AM   #12
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prx race 6

$25 w,p 6,4
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Old 05-28-2012, 07:58 AM   #13
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I neglected to say that my parameters are the same for all routes at the moment, then choose to bet when I see the odds at 2 MTP. I understand Bill is still considering whether you can change your bets if you post early and by race time the odds fall below a certain limit. My real bets would not be on my first choices if they drop below 2.5. I would probably put more on place of second choice.
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Old 05-28-2012, 11:01 AM   #14
Bill V.
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Hi Barb

I have made a decision on allowing conditional wagering
I just need to word it correctly

I will have something soon
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Old 05-28-2012, 11:41 AM   #15
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Hi Barb


Lets say you post The following ....

: I then choose to bet when I see the odds at 2 MTP. I understand Bill is still considering whether you can change your bets if you post early and by race time the odds fall below a certain limit. My real bets would not be on my first choices if they drop below 2.5. I would probably put more on place of second choice.

Here are my issues

1. If in each and every one of your post it
is clearly comminicated as exactly what you want to happen, I can make changes
HOWEVER: Any adjustments that need to be made will based on FINAL ODSS There is no
way I can know what the odds on a horse were at 2 minutes to post

2. This contest does not decide for you to bet on a pre picked race.
Each poster could be able to edit picks right up to post time
provided it is within the allowed edit time available on pace and cap

3. I do not recommend changing selections based on going off odds, for the following reason

Lets say you instruct me to change a bet if if falls below 5/2
Your selections are horse AAA and BBB, you bet $50 to win on each horse,
at 2 minutes to post AAA is 3/1
at 1 minute to post AAA is at 5/2
some late money comes in on AAA
AAA wins the race !
When I see the official tote final odds
AAA ended up going off at 2.40 to 1 it payed 6.80
You posted that if my horse falls below 5/2 - no bet

lets look
You bet $50 - $6.80 x 25 = $170

if AAA went off at 5/2 and pays 7.00
You bet $50 = $7.00 x 25 = $175

You just cost your bankroll $120 profit because of a .20 cent "tick" drop
of the tote board



My suggestions
Post races were you have the chance to watch the board live
or since you know the danger involved
Bet horses with morning line odd at tracks with little or no scratches
that assure the chances they will not get bet down below your desired amount

Again if you go the conditional bet route remember I will score based on FINAL
ODSS only


comments and help on this subject welcome
Nothing is final till June 1

Bill

Last edited by Bill V.; 05-28-2012 at 11:50 AM.
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Old 05-28-2012, 05:30 PM   #16
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Hi Bill, thanks for your reply.

1. Agreed. I only put 2 MPT as a supposition. 0 MPT is of course the only sane way to go.

Instructions as to what a person would want to happen if a horse was scratched, falls below acceptable odds or if a Turf race was taken off the turf would have to be absolutely explicit.

2. I know this; but I have certain tracks I like to play. I don't think I'm alone in saying that when I'm working a race, if I stop to do something else, like change a post because conditions change, I lose my concentration, and a lot of times the race. I know there are a lot out there who can do both, but I can't and I recognize it. That's why I asked about question 1.

3. Maybe my thinking is different, but if horse A falls below acceptable odds and horse B has higher odds, I would rather take the money from horse A and put it on a Place on horse B, which would be in my explicit instructions as per issue #1. This my current style of betting and if we are to put up the way we do things, shouldn't it reflect how each of us that enters the contest works and bets a race?

A good example was today's Prx 7. (not in my pick for today, but one I played). The winner, #1, paid $5.40, the place, #4, paid $11.60. If I had posted the #1 and #4 to win with no instructions to change to a place on #4 if the odds on #1 fell below what is acceptable to me, my bankroll would not have risen as much.

Just my thoughts Bill. You are running the contest and have the most work to do.
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Old 05-28-2012, 05:43 PM   #17
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Barb You make great ponts

If clear easy instructions for conditional wagers are included in every post such as you describe I can score the post using FINAL ODDS

I will not be able to remember everybodys betting methods and instructions
Some issues could come up if EACH post is not clearly posted exactly how you want to bet your money.

I understand what you say about betting and moving on to other issues
But there is no way with my own limitations of time I can possibly make changes for you at 2 minutes to post
If your ok with me using final odds and you clearly post on each selection what you want done, I will be able to work with that

Bill
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Old 05-28-2012, 05:58 PM   #18
barb craven
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Of course Bill, explicit instructions must be made with each and every bet as to what you want done should a change become necessary.
You misread me about the 2 MPT thing. 0 MPT is the only sane way to go.
If there is a dispute I would suggest you can re-post the disputer's original instructions with regards to what he/she wanted done if the need for change arose.
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Old 05-28-2012, 07:02 PM   #19
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May I say what wonderful post's , reading you 2 is so imformative, so enjoyable, as well as sometimes lucrative, a litlle bit anyway, let me say thank you.


Patrick
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Old 05-28-2012, 07:08 PM   #20
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Thank You

Why thank you Patrick. And many thanks for helping to make this contest possible.
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