20th October 2008, 05:18 PM
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Member
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Join Date: Jan 1970
Posts: 4,432
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So taking this a step further, one would imagine if you could lay a horse at half the rated price and back it at twice the rated price in a 100% market, one should be able to make money.
should
1266 selections obtaining twice the rated price
105 winners
8.29% strike rate
$1,026.80 return
$239.20 loss
18.89% loss
Half the rated price or less
6,185 selections
1,412 winners
22.83% strike rate
$5,230.90 return
$954.10 loss
15.43% loss on turnover
One is better taking lower priced 100 raters, one loses less percentage and nearly three times the strike rate of "overlays".
Market Price is better value than the rating, but the rating is a better guide to winners.
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