View Single Post
  #29  
Old 23rd August 2005, 09:01 AM
Chrome Prince Chrome Prince is offline
Member
 
Join Date: Jan 1970
Posts: 4,441
Default

Quote:
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.


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).
__________________
RaceCensus - powerful system testing software.
Now with over 429,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 31/12/2025
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg
Reply With Quote