Thread: Value
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  #17  
Old 15th September 2007, 08:27 AM
syllabus23 syllabus23 is offline
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Join Date: Jan 1970
Location: newcastle nsw
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Can I reframe the question and ask ,"what is realistic value" and "how do you calculate it"???

Not the arithmetic which is simple enough,,,Hmmm what I'm asking is how close to bookies odds can we go and still claim to be getting "value"

eg,,If the bookies are framing a 116% market,is it realistic to calculate our own at 114% and hang around the ring and wait for someone to offer the extra 10c or so ??? Or of course the online bookies offering fixed odds.

Is "value" saying the hell with calculations and accepting the top fluc as "value"or, getting the best of two totes ????

What is frustrating me is that I continually read posts where contributers make statements along the lines of."If you dont get "value" you will go broke"!

Unfortunately those pundits invariably neglect to define "value" as such.The fact is we can only work within a framework of the odds "on offer".No matter how we calculate our own markets the reality is that we dont control them.

I guess this leads us to betfair ?????
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