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Originally Posted by syllabus23
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.
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You must frame to 100% or less.
Even if your market is more accurate than the Bookmakers, if you accept only 10 cents more than you decided was appropriate with a rated market using 114% , you will lose every time.
It is irrelevant what percentage the Bookmaker frames at.
Even if he frames at 200%, you must get a price that is above the True chance of your selection.
But if your prices are wrong, you will lose just the same.
How do you know if your prices are right?
Use a feeler guage.
Insert it in your wallet, the thinner the guage is , the more accurate your work.
And it don't matter whether a punter understands or believes in VALUE...the bottom line is , if you are winning, then you are getting Value, whether you see it or not.
It is just, if you can see why, then you can increase it to higher levels.