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Old 14th August 2012, 08:52 PM
Lord Greystoke Lord Greystoke is offline
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Quote:
Originally Posted by UselessBettor
As the odds are still the best indication of a horses chances of winning then you have to be extremely clever/lucky to beat the market consistently. This doesn't mean every race has the odds exactly right, in fact it could be a little or a lot wrong, but overall for every odd overvalued in one race by 10% there is another race where the odds are undervalued by 10%.

Our task as punters is to determine which is overvalued and which is undervalued. But its not as easy as you think it woiuld be.


Interesting points here UB - the brain box is clicking over here (albeit slowly!)

What if one were able to predict the top 5 chances for a given race more often than the market itself. Would the remaining runners be overvalued as a group, and one or more of the top 5 selected undervalued?

LG
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