So what is or are the obstacles apart from the confounding trait of human character.
It's that 17% take out by betting agencies.
So how do we get around that.
If we put a dollar on every selection we lose 17%
If we put more on those with the greater chance and less on those with the least chance,surely we can improve on the current loss of 17%
And because a contestant is being offered at even money,don't mean it necessarily has a better chance of winning than a 10 to 1 shot.
How many times have pacers gallopped off the mark?.And at very short prices.If you knew it was gonna break at the start,do you think you would have taken the even money?
With the shorty out of the race the second and third favourite are now the evens chances.
That is the goal,or at least should be,of every punter.To assess the true price of each competitor in an event.
And the way to do that is by a bonus and penalty system.
How that's put together is possibly a conglomeration of ideas,but anyone else out there prepared to be laughed at instead of doing the laughing?