Rinconpaul |
30th October 2013 06:56 AM |
Quote:
Originally Posted by beton
Now I am confused. I agree with your first part. You have 170% field and 4 don't start. So their chances are divided pro rata to the remainder. Their chances increase and their prices reduce.
The next part you reduce their 170% chances down to 118% chances. So for Tab#1, adjusted Prepost % 14.45%. By ( 118/170.65) 0.6914 =9.99% A 9.99% chance is $10. Or am I completely wrong. 170% going to 118% should be increasing in price.
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Hahaa. Beton I'm not going to revisit the nuts&bolts of the past, but if the reason you started this thread was to say, " Adjust your Pre Post market for scratchings and overround", then I agree with you.
The only thing I don't like nowadays is the creation of synthetic pre posts by the online bookmakers and the admitted trait of individual sports editor's amending the pre post figures to suit their own agenda. All of this could steer a punter in a direction to suit the hype being created by write-ups and advertising.
Let me take you on a visual fantasy to another planet called Mars. The Mars Cup is coming up and Big Bucks the online bookie has assembled his staff for a Monday morning briefing. He tells them,
"I've got the inside info on the Cup and it's that gremlins A, B or C are the main chances. So get onto the press and push gremlin's D & E as favourites and get them to frame the Pre Post around them. In the meantime, I'll go on national Mars TV and tell the punters that if D or E come 1st or 2nd, I'll pay for the Win. That should get them in."
Hahaa, take that with a spoonful of laughter, it could never happen here, or could it....???
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