
23rd August 2005, 09:01 AM
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Member
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Join Date: Jan 1970
Posts: 4,441
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Quote:
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Originally Posted by crash
Chrome,
I would have to agree with you about the figures and if you extend them further back you will probably find the same result. However, I think Dr. Pangloss is refereeing to 'exploiting' the inefficiency, not backing every short priced favorite for the place which I think your figures are referring to [?].
I have done it a few times for short periods but it is such a mind numbingly boring exercise, I always quickly dropped it. Being selective is the key to profit in that area of betting and that is where the inefficiency lies, selectively being able to exploit it profitably.
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Hi Crash,
I've always found the inefficiency to be far greater for win betting on these shorties. The very best I could do with filters was -2.88% LOT for the place using best TAB price.
There is one system that has a 4.89% place POT based on speed figures, but again the win POT is 14.45%. (Athough it's a long stretch between selections, so not a great deal of action).
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