I would beg to differ here EVERY TOPIC
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2. I believe the tote prices are the most accurate guide to form and therefore should be considered as a serious guide. I believe this because the tote price is a reflection of every piece of knowledge about the race. Its a reflection of the owners, trainers and race track workers knowledge, its a reflection of the experts with their massive computer programmes and a reflection of the rest of us donkeys
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I am of the opinion that a leading bookmakers market is a fairer reflection of a race than the tote.
The Bookie lives and dies by his market where the tote is an accumulation of investments that sets its own market.
A bookie may "take on" a horse where the tote never does.

CADMAM The place dividend should be 1/3 to 1/4 of the Win dividend. Anything outside this start smelling a rat or a huge Allup bet (or bookies lay off) that is lopsiding either the win or place pool dependant on the pool sizes.(Another reason the tote is not the best guide)
The only true Tote market on any given day is the first race of any meeting that has no Allup beeting on it.