29th August 2006, 06:25 PM
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Member
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Join Date: Jan 1970
Posts: 4,426
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Quote:
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Originally Posted by crash
So now we have punting being all about 'mathematical formula' .
OK, so any half decent shopkeeper [or maths teacher for that matter] should be a punting marvel !
Punting has never been about maths [any idiot can use a calculator]. Maths is involved sure, but so is breathing air. All the maths ability in the world won't tell you who is going to win the next race. If there was a maths formula for winning on the punt, everyone would have it by now and there'd be no punting industry.
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Crash I believe you are confusing picking winners with punting to make a profit.
Any idiot can pick winners, the challenge lies in making a profit and that is where the maths comes in.
I could pick 30 to 40% of winners and still lose because the odds are against me.
Maths is used to find the winners that are value.
The whole gambling industry revolves around maths as Shaun said, that's how bookies and Betfair "traders" make their profit.
While the actual handicapping is the first stage, it's all pointless if you can't make a profit from it. |