18th February 2007, 10:24 PM
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Member
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Join Date: Jan 1970
Posts: 4,426
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I would have thought this topic would generate a lot of discussion, but perhaps it's not of great interest???
To provide my answer, it is because having locked in the bookies SP, anything less means the horse has a better chance of winning (apparently the figures say so), any drifting would enhance the lay profit (apparently).
Bottom line, better price does not always equal better profit.
A real bombshell to conventional punting maths.
Remember we are talking about market movements after the opening prices, not the opening prices.
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