Picking and Placing (2P’s)
Most important thing to make money of betting is “Picking” and “Placing”. We call it as “2P’s”. Picking the correct selection and Placing appropriate proportion of the investment is way to success. In our previous post, we try to explain different risk based strategies to pick selections. In this blog, we will try to cover few different investment strategies that help you to find portion of investment on each selected selection. Proportionate Investment As name suggest, we give normalised investment proportion to the selected selections. For the eligible selections, take their probabilities and normalised them. Multiply normalised probability with maximum amount you would like to wager. We have explained it in the following example. Lets take an example of "Top N Strategy" from our previous blog. Following probabilities were generated from our EAP and LAP. In this race, selection 3 and 7 are Top 30% highest generated probabilities. We are considering Top 30% where ...