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Originally Posted by crash
Just pointing out a bit of reality here, not trying to rev anyone up. Balls in a barrel don't really cut it as an answer. Perhaps PharfromOz can answer the question maybe?
Anyone who can accurately decide what chance a horse has of winning or losing, has a license to print money. Baring hindsight, there are just too many unknown factors involved in horse racing to do it successfully without a crystal ball.
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I agree Crash, there are so many factors you'd need a super computer and a super program to evaluate them all..A PC just dosent cut it...
However with can aproximate and generalise, to that end using sensible assesments we can group runners into those with a serious winning chance and those with little or none.
From PharFromOz's point of view it is easier to lose a race than to win it, and some runners with tell tale characteristics fall into a general group of losers, which turns our attention to the price on offer.
If the price on offer is shorter than their realistic odds they offer a good lay prospect, and if more lose than win, you can make a profit long term.
I'm not talking about winning every race, just those that offer the right instances..
By being selective I believe the PharfromOz has taken a very professional approach. You would know that all he is doing is exactly what bookmakers the world over do and TAB's and Poker Mackines are just computerised ways of doing the same thing.
There are many opportunities every week where prices offered for some runners are serious bad value, by laying these you must be in winning territory..
Ozpunter