
19th February 2005, 09:50 AM
|
Suspended.
|
|
Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
|
|
I know what you mean Blocka, and of course you are right [as was Mark], but the idea is not to work at or arrive at a market price for the field or to create a book, but just to see the relationship of your selection[s] actual value as a bet.
If a selections SR is 30% we divide that into a 100 and we get $3.33. That figure represents it's overall true value. Common sense then works out a suitable price that would reflect overlay value. It could never be purely mechanical of course.
Last edited by crash : 19th February 2005 at 09:58 AM.
|