VIC-GREYHOUNDS.COM
AUSTRALIAN GREYHOUND RACING RATINGS
Your Gateway to Greyhound Racing Punting Resources, Victoria, Australia.
(Established on the Internet since 1995)

HANDLING EXPECTED RUNS OF OUTS

Using mathematics we can predict fairly accurately the expected maximum losing bets in a row using the base strike rate for our method.

The Formula for calculating expected Losing Sequences is:
1 divided by (Losing Strike Rate divided by 100) to the power of 'number of run of outs'.
(Note: Losing Strike Rate is 100 minus the Win Strike Rate).
Example for a Strike Rate of 28% to see how often I should experience a sequence of 14 losers in a row:
=1/(78/100)^14
=1/.78^14
=99.35
=99 (rounded)
Conclusion is every 99 Bets I may expect to see 14 losers in a row.

A Bank Size should be set to absorb this runs of outs with ease during 100 bets.
Which means for Win Betting I allow for 14 losses in a row an for Ratings Staker I allow for 6 losses in a row.
Personally I set my Bank to this figure to absorb a run of double this amount with to avoid the bank going bust and minimize any times I have to top up my Wagering Accounts.

Whilst the below Table Example may be frightening in ways, you should use them as a reference for not panicking when experiencing an expected run of losses in a row. Also if you are experiencing more runs of outs than expected it is a signal that your Win Strike Rate is likely altered and your methods should perhaps be reassessed.

Tables for 2 of the methods presented on this Website.
Top Picks and Betting the Ratings with 'Ratings Staker' Method.