Every time I see that monthly comparison graph in the previous post that losing 2016 September month irritates me to hell! Where did that come from??
Here are screen shots showing the Four bet configurations referred to around the blog.
1. eq Liab
Equal return on all runners included in the Dutch Bet to a fixed Liability.
Stake Total 486 ~ Return 75.80
2. fav_Hedge
Return set to a 100 return on all runners except the favorite.
Balance of stake onto the fav. In this example 51.84 return off the favourite and 100 return off each of the other 3 runners included in the Dutch Bet.
3. margin bet
In this bet the return on the longest priced runner in the Dutch bet is set to zero with equal return off the remaining runners.
This bet configuration kicks in if the return is low (below 50) or to allow the Dutch Frame to stretch to an additional runner to achieve the minimum 82.5% Book Value.
Three runners return 88.23. Stakes 250, 93, 84 & 59
4. Target Bet
This bet configuration (automated) sets the return off all runners in the Dutch bet to zero with all the profit targeted to the fav.
Of course placing the bet manually you can Target any runner or combination ~ if you are blessed with information straight from the horses mouth!
st runner as away over Xmas New Year watching the racing from the sunshine!
Return on the fav 150.81. On the other 3 runners in the Dutch zero
Update: The above screen shots where not taken in a live bet situation and are overlayed on an early market before it is fully formed. They are only to outline the stakes and returns using the four different Dutch Bet configuarations. In the past some people have jumped to conclusion that on 4) Target Bets I was just moving to a single bet on the favourite. So the screen shot shows the stakes across all 4 no: runners included in the Dutch bet and the profit taken on the favourite only.
Adding the Live Screen shot for this race.
It ended up stretching to a 5 no: runner frame to cover the two equal priced 4th + 5th in the frame. I was surprised the bet didn't switch to a margin bet and push the reurn above 50 ~ I need to take a look at that.
fav' took the race, it qualified as a Target bet too but below the min. return of 95 I take them.
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