
8th April 2005, 04:07 PM
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Member
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Join Date: Jan 1970
Location: victoria
Posts: 562
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A retraction in thinking
To all those who had doubts about my method regarding not bothering about looking at form and just trying to work the odds, well , I'm starting to think you may be right. To a certain extent. As Ive said recently, since I started using betfair all Ive done for aus racing is take the prepost market , use a spreadsheet to convert it into a 90% market and then bet when I get the price I want. Well, I am still making a small profit but have come to the conclusion that had I had a reasonble idea about the true chances of a horse I may have been able to increase that profit some what. I have sometimes got on too early and then seen the price go out to something I would say is ridiculous and then see them quickly snapped up again and back to a normal expectation.
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