RE: [racebase] Longest losing run in 10 years

[Tim Collins]

Hi Peter, This does sheet home the maxim of a wagering bank large enough to sustain a 50 race losing streak,   TC - 6650 39 37 35  http://www.racepert.com You Can Bet On It!   From: racebase@yahoogroups.com [mailto:racebase@yahoogroups.com] On Behalf Of Peter Harrop Sent: Saturday, 21 May 2005 1:31 PM To: racebase@yahoogroups.com Cc: [EMAIL PROTECTED] Subject: [racebase] Longest losing run in 10 years   Hi, With the win  of Al Jameel at Te Rapa in Race 8 today, it brought to an end the longest losing run in the 10 years I have been doing my RaceBase software ratings (Margins Method). An incredible 35 races without a top pick win. The strike rate overall is 26%. This means the chances of a losing streak of 35 or more races is 1 chance in 38,000 (roughly) races. The stats include about 20,000 races so the losing streak fell slap-bang in the middle in terms of being 'due'. Within this 35 races, the top pick finished 2nd 12 times and 3rd 9 times, showing how fickle statistical fortune can be. Peter H.     Yahoo! Groups Links To visit your group on the web, go to: http://groups.yahoo.com/group/racebase/   To unsubscribe from this group, send an email to: [EMAIL PROTECTED]   Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. -- No virus found in this incoming message. Checked by AVG Anti-Virus. Version: 7.0.322 / Virus Database: 266.11.14 - Release Date: 20/05/2005