I know I've said this a couple of times but...

[AngryPixie]

... this is the best punting book I've ever read.

http://www.randomhouse.com/features/wisdomofcrowds/

http://en.wikipedia.org/wiki/The_Wisdom_of_Crowds

Not sure the theory is quite as good as Derren makes it out to be here though ;)
http://au.news.yahoo.com/a/-/entertainment/5961084/lotto-prediction-how-did-he-do-it/

[thorns]

Sounds an interestiing read. From the synopsis of it, none of it seems to relates directly to punting, but i'm assuming from your comments, they can be made to apply to a gambling situation?

My try track it down and have a read.

[jackact]

Okay, Pixie, but I need some help to convert the theory to specific selections, or at least race markets.
One criterion of the theory is Independence- people's opinions are not determined by the opinions of those around them. So do we need selections that can be expected to meet this criterion?
Perhaps (1) AAP prices, (2) bookmaker opening quotes, and (3) newspaper poll summaries of one paper's racing joiunalists' selections (perhaps coverted to priced markets). Is this enough? Do you have an indication that such a grouping of opinions produces value bets? Can you suggest other sources of independent opinions?
Cheers,
Jackact