24th October 2002, 05:37 PM
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Member
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Join Date: Jan 1970
Location: Melbourne
Posts: 740
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Every Topic I agree that he has a great record and is selective with his bets.
I disagree with field sizes and short priced favourites though.
Very poor value is available in small field sizes for horses with good form.
Value lies in being able to select horses with class and fitness - not necessarily with outstanding recent form. With a horse like Northerly your odds are always shorter than the true odds of it winning. Same goes for Sunline, Lonhro, Victory Vein etc.
You only have to pick one good horse to beat them at good odds - win one race and you're well ahead. Example Spinning Hill was great value over Bel Esprit.
Horses with a huge following are always poor value.
For Example in the Cox Plate I'll be going with Ustinov and Grandera. Win lose or draw -I'll be getting value over the hot pots.
Longterm this will always give you a level stakes profit.
However, I do admire the strike rate of Richard and will never come close to it as it's just not a method I'm comfortable with.
I guess it's just horses for courses.
[ This Message was edited by: Equine Investor on 2002-10-24 18:40 ]
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