I have to admit that the current av div has been amazing and the profit even on level stakes of 34% surprises even me although it is probably offset by previous or future “droughts”. This can be caused by the average dividend becoming too low, for example we had a run of 5 selections in a new series yesterday yielding one winner (close to average expectancy)but with dividend being $4.60, too low to clear the series. It is a fact tjhough that the programming of Winform Powerplay is such that it is intended we need a number of smaller dividends OR a solid dividend between $5 and $10 to clear most series.
It is the users delight that the selection to win at a big price comes on the last outlay of the series. Powerplay users will know what I mean.
The plan I have been using from Amelias book relies on the early morning fixed prices purely so that we can get the money on in one go (through using several series at the one time) and then later in the day if we have more races to go, put on a second set which is what my staff did back when we first used it.
If used “live” as many of our professional and semi professional players do, you only need to run one series at a time. My challenge was always that as I became more proficient I found myself at a loose end when there might be more then 5 minutes between eligible races , some days, like yesterday I had a race at 4.40, then 5.10 then 5.32 then 6.55 and 7.25….what to do inbetween? Well for me it was preparing a garlic potato bake, then an eye fillet steak with fresh asparagus and greens. The pumpkin and sweet potato were in the bake.
We ended up with just 4 winners yesterday $17.1, $2.6, $15 and finally $4.6 in 15 races so 27% right on average.
In Winning Is Everything I used the strategy live with the bar set at 50% outlay instead if the max 40% applied using the morning prices. That strategy used for one month produced 661 selections for $18780 profit but on a base bet of $50 or $7500 if the $20 was used. Because many favs were able to be included the race strike rate was higher at 38% but the av div lower at $5.88.
Overall the money is there to be made. It is simply up to you to have the discipline and bank to keep at it. I would always suggest a minimum overall bank of $5,000 which means that each series begins with $5 and ends if losing approx. $500. Then restart and we get enough successful series to cover any that lose.