Is backing a winner @ 1.75 not value after you have done the the ratings and this is your top rated horse for this race.75% is not bad value in my book.I know it is not as good as getting a winner @ 5.00=400% on the invested $.Even if you have $57.14 on to get back $100 it must be still Value that =75% interest but not as good as $20 to get back $100 =400%

Simply this.
Value is you got more than what it's really worth.
I buy out of date groceries at very low prices.Sometimes they taste good,sometimes they taste ********.
When they taste good,I got value.When they taste ********,I didn't.

Some would argue that any winner is value.
This is delusional and what the bookies like hearing.
Backing a winner at $1.75 is value if your ratings have stood the test of time and you've rated the horse $1.50 chance.
Value is not whether the horse won today or not, it is whether over a long period of time, you are able to get better prices than your ratings suggest, or if you don't use ratings - what your system's strike rate is.

:lol: :lol:

moeee, remind me not to drop by for dinner :wink: