Knowles' results use place % ranking and not absolute place percent. The top ranked horse could have just 30% places and still be his no. 1 selection for a race.

I agree that the top ranked horse nowadays shows about a 10% LOT but the top three ranked place % horses still produce close to 48% of Saturday winners and my records indicate this has been the case since 1992.

I think more punters are using these stats these days as once I could make a modest profit using the two longest priced starters (3 mins to go on the tab) of the top 3 ranked place% horses but not lately.