15th September 2007, 11:29 AM
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Member
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Join Date: Sep 2006
Posts: 1,070
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Quote:
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Originally Posted by partypooper
Well, it's obvious at least that I am not alone being slightly perlexed with the value thing, "angry" says if you can't get the price you want then lay it, mmmmm yeeaaahh, mmmmm , but the grey area is "the price you want" isn't it, I mean I still think it will win but I can't get 3-1, .....so I lay it??? nah, doesn't sit right with me.
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Poop, it's about having confidence in your assessment of the true winning chance. Don't forget that a horse assessed at 3/1 is going to lose three in every four races. If you think it's going to win anyway then stay away, but you'll be giving up 75% of your chances at a profit. 
Moeee, I'm a five figure bloke as well. Generally Saturday's and public holidays only. Up to you whether you believe it or not. Not my only source of income.
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Pixie "It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
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