Thread: Finding Value
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Old 2nd April 2006, 03:16 PM
marcus25 marcus25 is offline
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Join Date: Dec 2004
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Quote:
Originally Posted by BJ
So what is a "fair" price then? Some random number, or a price that you think represents "value" against the horses true odds in your opinion?

This is the whole argument. So many people in here saying that value is a load of crap, yet nobody would be prepared to take "any" odds about the top selection.
Why is this so?
I suggest the answer lies with everybody here trying to get "value".


No! not some random number!
Common sense I would say. I personally settled for $2.50. Reason? Odds on favs just do not win often enough to produce a profit. But odds above the 2.50
line fit nicely into a 20 to 25% strikerate with an ave. return big enough to make some money.
If you call that looking for value, yes I cheerfully admit I am.
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