4th July 2012, 06:35 AM
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Member
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Join Date: Dec 2009
Posts: 217
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Compiling a Simple Ratings Plan?
Being a cheap skate I could never see me subscribing to a paid service for Ratings or tips. So having said that here is my question.
I do not understand how ratings are put together, well, I have an idea, but unsure. Are they just a mathematical equation based on numbers for particular information found in the form guide.
Also, do you think it possible to have a working rating system without the help of bought software. is the mathematical equations so time consuming by hand to render it a most difficult task.
I was thinking of trying to come up with a real simple starting point and build from there. Not to actually bet on but to use on paper bets while I get my head around this ratings.
Also, I would like to know where I can get some more info on what is Speed Ratings. A lot of time things are mentioned here and it appears most know, but quite often they are something that I have just by passed and not given any thought to.
So to summarise here are the main gist of what is above.
1. What are Ratings?
2. What factors go into them?
3. Does each factor get a numerical number?
4. Can a simple ratings system be done without computer software?
5. If so. What filters would be a good starting point to cut work load down?
Remember, I am just looking for a starting point to build on and help me understand what benefit ratings might be in the long run.
I am a firm believer in the PARETTO PRINCIPAL. eg 20% of what we do is responsible for 80% of our results. The reverse applies also. 80% of what we do only produces 20% of our outcomes.
My plan is to concentrate as much as possible on the effective 20%. In fact, having written that it might be a good topick for a thread of its own. OH no! I hear in the background. Star had anothe thought.
Star.
4.
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