6th June 2002, 06:12 PM
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Member
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Join Date: Jan 1970
Location: Canberra
Posts: 730
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Quote:
On 2002-06-06 18:14, Red Machine wrote:
Equine Investor - you sound like a beginner. If you want to learn more about punting and pick more winners - read some of the postings by Privateer and Brumby. They should point you in the right direction. When you learn more about horse racing, hopefully you'll pick more winners.
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Excuse me while I laugh :lol:
RM - I think you better have a look at some more of EI's postings - you may not agree with him but I don't think he is a beginner!
I noticed on another thread you posted:
Quote:
Don't look for value - there's no value in a loser.
Find the winner and get the best price in the market.
If you can't find the winner - don't bet on the race.
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I am guessing that given this statement you never bet as nobody can ever be sure of the winner. To be successful you need to find horses that are MORE LIKELY to win than the odds on offer. If you think a horse has a 50% chance of winning but the best price you can get are $1.90 then this is a BAD bet. If you can find a horse that has a 10% chance of winning but you can get $15.00 for it then this is a GOOD BET. This is called looking for value.
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