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Originally Posted by Try Try Again
Hi garyf,
Based on the Skyform ratings how do you work out a price for each horse?
Do you use Don Scott methods?
Using the Mt Gambier race 6 as an example #3 was the 100 pointer and the winner, what price would you allocate it?
I have found pricing the most difficult aspect to come to grips with when working with ratings (sorry Barny!).
Garyf - you're advice would be most appreciated.
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All depends what you want to do with the ratings once you get them,
For example over the years with these ratings i have found these factors,
To have the most influence on them.
lAST START FINISHING POSITION
T/RATING COLUMN
STRIKE RATE
PRIZEMONEY(AVERAGE)
POINTS IN THE CONSENSUS PANEL.
Most of these are already taken into account before they are produced,
Just i found they have the most influence on the raw ratings themselves.
Mt-Gambier R=6.
1=5.0
2=8.5
3=4.2
4=6.5
5=31.0
6=9.0
7=15.0
8=81.0
9=51.0
10=21.0
Hope this helps don't really want to go into the pricing side of it,
You will just have to experiment a bit.
Don't be to concerned with pricing and betting to overlays all the time,
If you can't price them while this is the preferred option just set a minimum,
Price on a horse until you get better at it.
With the right selection technique you can still win money at the races,
Without having to price them.
Try experimenting with different filters to improve strike rates and profits.
Hope this helps.
Cheers.
Garyf.