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30th July 2002, 01:42 PM
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Member
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Join Date: Jan 1970
Location: Melbourne
Posts: 740
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Quote:
On 2002-07-28 09:21, becareful wrote:
There is rarely value in the short priced horses simply because they are too obvious and everyone can see they are a good chance of winning - they do have a good strike rate but the poor dividends are not enough to make a profit on. The true longshots ($20 and up) generally deserve their status and rarely manage to win - you can occassionally get some great priced winners from this group but it is generally not worth spending time analysing them all. The real value is in the mid-ground - those horses that have the class to win the race but are out of favour with the punters for one reason or another. If you can successfully pick your winners from this group then you have a much better chance of developing a profitable system.
Anyway keep up the good work and best of luck.
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Absolutely cannot agree MORE!
Sometimes your selection may be the favourite or the outsider, but the guts of then should be somewhat midrange to ensure your not chasing your tail on shortpriced losers. The correct mix of winners is very important...eg strike rate / average dividend.
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