Hi Neil
 

Tell me which stable, trainer, owner is so stupd as to give serious winning "Late mail" to be telegraphed to everyone in the mass media?



Exactly..

"Late Mail" and "Bookies Tips" are both oxymorons...for those people who believe in the tooth fairy....

Good old Kenny Callander and his "Market Movers"!

If I hear one more reference to Market Movers by him, I'll need a bucket.

Market Movers are the poorest bet in history, you'd be better backing favourites straight out.

All value has gone, they are ALWAYS unders.

Hear, hear.
Apart from that Chrome Prince I'd just like to thank you for providiing me summary info on that forbidden thread the other day, and being a new boy didn't know how else to contact - thanks again
cheers............Mancunian

Hi All,

saying that the Late Mail is a random, uninformed pick is just plain ludicrous. All of my extensive analysis has shown that Late Mail selections win more often than similar horses that are not LM selections. Whenever I develop a strategy I always do a LM Yes/No analysis, and these invariable show that the Late Mail selections win a higher percentage of races than the non LM selections.

For example, using one set of commercial ratings. This calendar year. 12,830 races, average strike rate is 18%. Those selections that are also selected Late Mail selections win 31% of their 1,875 races, and the "no's" win 15% of their races.

Now... I agree fully with the sentiments that the LM selections are poor value. Average dividend for a LM selection was $2.75 vs $5.75 for the non LM selection.

Cheers,
Chris.

another very interesting stat... Backing every single LM selection...

Again, this calendar year. 9,594 LM selections, S/R is a very healthy 24.9%. This beats the raw strike rate for many commercially available ratings systems by quite a few percent...

Now for the sad news... POT is a very nasty -18.6%... this is nowhere near most of the commercially available ratings systems.

What this shows is that the LM selections are worthy of consideration, but as soon as they're listed as LM selections, you know that there will be no value in betting them.

Cheers,
Chris.