You need to be logged in to your Sky Poker account above to post discussions and comments.
You might need to refresh your page afterwards.
Please note that these forums will no longer be available after we migrate to iPoker on Tuesday, May 27th. We thank you for being part of this amazing community and hope to see you on our new site.
Q1) Is there at least a £10K rollover? A1) Hmm, yes rollover of £310K Q2) Is there a decent odds/on "banker/semi-banker?" A2) NO real banker as such and no odds on shot Q3) Are there at least three races where the favourite is 2/1 or less? A3) There are two races (2nd and 3rd) where the favourite is 2/1 or less, although this could go to 3 races if something is backed in races 4 or 6.
Q4) Is there no more than one race where the favourite is 5/1 or bigger? A4) No race is bigger than 5/1 the field, although there are two quite competitive races (Races 1 and 5) where the favourite is currently 4/1
Q5) Is the "type/quality" of racing unlikely to throw up a Jackpot busting outsider? A5) Possibly being a specialists course and Soft ground conditions.
Q6) Is a reasonable dividend likely if we are successful? A6) Looking at the card and pool, I would say assuming a mixed set of results, some favourites, some medium prices that an average dividend would be about £15K. Obviously much more if two or more big outsiders win, but if that happens we'd likely bust anyway.
So it's not a slam/dunk by any means, but not too far off the criteria, we'd probably have to have 3 or 4 semi-bankers rather than rely on one banker.
I would guess our chance of success is as follows:
Staking £500, approx 15% (Estimated mean average return £8K) Staking £750, approx 18% (Estimated mean average return £10K) Staking £1,000, approx 20% (Estimated mean average return £12K)
So still up to you guys, all the above scenarios look +EV to me, but I must stress that we will lose way more often than we win.
(The mean average return goes up as the increase in perms/coverage means a slightly greater possibility of multiple line wins and/or catching a higher dividend.)
Hi guys. I was hoping I wouldn't be doing this so soon, but here's the details for the petty cash balance.
On Sat 26/08/18 at GOODWOOD we collected £460.00 and staked £508.00 for which we get £50.80 cash back so a net stake of £457.20 so £2.80 added to petty cash
On Sun 27/08/18 at SOUTHWELL (AW) we collected £420.00 and staked £465.00 - £46.50 cash back, so a net stake of £418.50 so £1.50 added to petty cash.
The petty cash prior to these two days was £3.20 so now stands at £7.50
Screen shots of the betting and banking transactions have been sent to auditors Dollie and Snuffer.
Comments
Q1) Is there at least a £10K rollover?
A1) Hmm, yes rollover of £310K
Q2) Is there a decent odds/on "banker/semi-banker?"
A2) NO real banker as such and no odds on shot
Q3) Are there at least three races where the favourite is 2/1 or less?
A3) There are two races (2nd and 3rd) where the favourite is 2/1 or less, although this could go to 3 races if something is backed in races 4 or 6.
Q4) Is there no more than one race where the favourite is 5/1 or bigger?
A4) No race is bigger than 5/1 the field, although there are two quite competitive races (Races 1 and 5) where the favourite is currently 4/1
Q5) Is the "type/quality" of racing unlikely to throw up a Jackpot busting outsider?
A5) Possibly being a specialists course and Soft ground conditions.
Q6) Is a reasonable dividend likely if we are successful?
A6) Looking at the card and pool, I would say assuming a mixed set of results, some favourites, some medium prices that an average dividend would be about £15K. Obviously much more if two or more big outsiders win, but if that happens we'd likely bust anyway.
So it's not a slam/dunk by any means, but not too far off the criteria, we'd probably have to have 3 or 4 semi-bankers rather than rely on one banker.
I would guess our chance of success is as follows:
Staking £500, approx 15% (Estimated mean average return £8K)
Staking £750, approx 18% (Estimated mean average return £10K)
Staking £1,000, approx 20% (Estimated mean average return £12K)
So still up to you guys, all the above scenarios look +EV to me, but I must stress that we will lose way more often than we win.
(The mean average return goes up as the increase in perms/coverage means a slightly greater possibility of multiple line wins and/or catching a higher dividend.)
So it's a GO. Please make payments this evening is possible, final deadline, 11.50AM tomorrow.