10th September 2005, 10:46 AM
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Member
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Join Date: Jan 1970
Location: Mt Tamborine
Posts: 574
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Quote:
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Originally Posted by Guitar Jim
These days making profit is not about picking winners...... doing that is not rocket science..... *ANY* efficient, professional and thoroughly researched selection method can do that: BUT, doing that WON"T deliver *PERMANENT PROFIT* if you don't understand the averages and percentages involved in the mechanics of gambling, in both the selection and betting processes.
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Some of this and a lot of your mathmatical logic is, I'm sure, sound in the majority of cases involving rating horses to pick winners. I wonder though how you feel about the maths involved in a system like Punter57's where he is basically betting on his evaluation of a trainer's motives for running his horse. Although this method is not entirely original it probably doesn't fit the mathmatical models you are basing your arguments on. This is the sort of thing where I feel your INSISTENCE on certain strike rates always being accompanied by certain POTs can fall over.
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