9th August 2005, 05:45 PM
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Member
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Join Date: Aug 2005
Posts: 16
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How do you determine value ?
One of our fellow members posed the question earlier this week as to " how do you determine value ?". I suggested that the answer is similar in nature to 'how long is a piece of string'. In effect, there is no correct answer only personal preferences.
One of the methods that I use when determining value is to work out the percentage chance of a horse and then multiply this by the decimal percentage odds of each horse. By example, using the assessment format provided at **************************.com, if i have rated a horse showing $4.00 in the pre race market at 100 % (or 100 points) I wager 25 units ( 100% x 100/$4.00) whereas if I rate the same horse at 90 points I wager 22.50 units ( 90% x 100/$4.00) and so on.
Given that my method is no doubt only one in a long list of methods and that like many I am always open to further enhance my knowledge base, i thought i would take the liberty and enquire as to "How do you my fellow punters define the term 'Value' ?"
Looking forward to all your input .
John
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