I have developed a computer rating system based on a load of historical winning statistics. I enter each horses form details etc. The system then rates each horse as to it's chances of winning.

The selection results of this work over a couple of years has been interesting.

Top rater wins 1 in 4 races and pays average $3.10 so loses money.
second rater wins 1 in 6 races and pays average $6.50 so slowly makes money.

Now for the real eye opener I spotted when reveiwing past results for trends etc.

Bottom raters #3 & #4 producer some big longshot winners. Since begining August those 2 are 75 units up. Past 2 years returned 152% on turnover.

The only explaination is those horses are underbet according to their chances of winning. Long may it last.

Another topic, with many computer based systems in use which now show loses, could it be that the odds available are much lower now than before for favourites? If their strike rate is the same now as before,then that may be the reason for losing money. Of course they could of been marketed with bogus return figures as well.

Horse cents