Value = anything above my price. I'll back any such horse to win. The higher the value the more I put on. The higher my bank goes the higher my multiplication factor. For example, if my multipication factor was at 100 I would bet as follows:

Twisted Times: 100/3.6x5.5 = 152@5.5

Power & Faith: 100/3.5x5.5 = 157@5.5

Lisas Bewitched 100/6.5x7.5 = 115@7.5

Dane's Jester 100/6x13 = 217@13

Winners at Flemington last Saturday at that multiplication factor were:

Processor: 100/2.1x3.1 = 148@3.1

Demerger: 100/5.5x7 = 127@7

Bruges: 100/4x6 = 150@6

Broadband: 100/2.8x3.8 = 136@3.8

Catscan: 100/5x6.5 = 130@6.5


As far as framing the market goes, I first eliminate the horses I don't think can win. If this leaves me with between 1 and 5 chances I rate the race to between 75% and 100% depending on the reliability of the form. Today's ratings ranged between 78% for race 6 (only 2 selections) to 96% for race 5 (5 selections).

Cheers,

F