14th November 2003, 12:57 AM
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Member
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Join Date: Nov 1999
Location: Perth WA
Posts: 814
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Quote:
On 2003-11-13 22:00, osulldj wrote:
The way I explain it is that the price of the runner has nothing to do with it's value..whats important is the difference between that and the price it should be.
………..….It is inefficient then to have the same amount on each and more efficient to stake according to the winning chances.
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Could not agree more, osulldj. Spot on.
If you stake according to (your priced) winning chance, you would have more on a horse at 10/1 if you rated it a 3/1 chance as opposed to a horse you have rated a 8/1 chance, also getting 10/1.
Having said that, if your "system" is a winner over time, I could understand an argument to increase your stake greater than your "system's" normal allocation, where the margin between your rated price and the price on offer is higher than "normal" expectations.
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All the best from the West
Sandgroper :smile:
[ This Message was edited by: Sandgroper on 2003-11-14 02:46 ] |