Just as an aside, there was Don who did not like the Times\Ratings method
at all while here I have just dug out the late Alex Bird.

'He outwitted the bookies and made 70 million pounds Sterling' - err excuse me, should that not be turned over 70 mill.
Alex was good but I don't think even he was that good.

Anyway here he is fishing about in a boat on his moat surrounding his mansion while quietly contemplating his day ahead.
First thing to do is mobile a maid in the mansion 30 yards away - get her to ask cook to knock up a smoked salmon lunch box, and ice up a couple of bottles of
Dom Perignon - get the butler to put the lot in the boot of the roller.

While thousands of punters were working out their bets with their eye on some mystical fortune, the most successful backer in the history of the turf
had no intention of outlaying any money on the horses, not this day anyway.
He was off to TIME the runners with his stopwatch.
I spend months watching a horse, he said,seeing how it performs in all types of going- I study every racecourse,take notice of TIME,weights, and the barrier draw - then I compute what the odds should be and if the bookies are not offering my odds then I don't bet.
I never chase losses - I'm terrified of losing.

Regards.