Great Idea..... have used it already.....!!

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Stix
.......Giddy Up..... !!

Hi Dale ,
Thanks for sharing your findings.

If you wish to calculate your points to price, there are 2 programs that you can use that will do this.

One is the Neurals program at Racingandsport.
Set everything to 0
Delete all the runner that you dont want by placing a mark next to their name.
Press enter
Now enter your rating figures next to their name, then press enter & Bingo , you have a result.
The percentages can then be tweeked from there.

This next way is probable simpler.
Go to Ozracetools.
There is a program in there for converting points to prices.
There you have it.

You will need to adjust your book percentage to about 45-50% if using 3 horses.

The percentage is usually calculated around the SR of those combined selections & maybe tweek it down a little further.
e.g. 86% SR for top 6 selections . Set book percentage to 76-86%

Cheers.

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Cheers.

Hi Bhagwan.

Thanks for the links,ill have to check them out,they sound good.

Ive converted the ratings to odds in the odd race but as it is a real chore and the ratings themselves are still very raw i havent bothered going into it that deeply yet.

I was using a sliding scale,giving 100% of the rating to the top rater,95% to the 2nd top rater,90% to the 3rd and so on in incuments of 5% and then adding them all before dividing their individual score into that figure,it seems to work nicely but if i can get much the same thing without the hassle of having to do it manualy ill head that way.

Going back to saturday the ratings ended up slightly in profit,the win of Storm Signal at $25 (upto $35 elsewhere)being the highlight.

My own records were much better,i recommend a few simple filters,things like only betting on races with 10 starters or more, eliminating older horses with too many race starts and ignoring ratings recorded at a distance 1000m and more from todays distance can make a world of difference.