
17th December 2007, 12:24 PM
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Member
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Join Date: Sep 2006
Posts: 1,070
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That's an interesting point...
Michael, Maria's system was/is obviously based on an angle that most in the market don't include in their workings. She certainly posted enough selections, and to my knowledge nobody claimed to have reverse engineered them. I believe the market is a pretty accurate guide in the long term, and I mean a longer term than Maria's 3000+ lay's over twelve months. Although she alluded to it we don't know how she went in the twelve months prior to her posts and we've no information on how she's gone since. I doubt she'd have had the same success here. The UK Betfair markets are much more sophisticated than the Australian one's and the wieght of money is mind boggling on occasion.
The $11 thing does seem to work here in Australia though. I certainly use it as my tipping point. If you remember when I was posting Pixie's Pix the over $11 selections were making a handsome profit as back selections. I've not bothered keeping the figures up-to-date so I don't know whether the profit has been sustained.
The fundamentalists will disagree but I don't really think any body can prove that an individual selection represents value or not. Ask three tipsters and you'll get three different answers. You can prove it after the race maybe but not before. A series of bets if profitable has certainly achieved value from the market, and that for me is where value lays. The whole greater than the sum. I can't be bothered mucking about with the individual components.
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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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