Looking at a larger sample (1991 - 2003) satisfying your criteria ........

WIN SR........ 17.11%
AVDIV..........$5.37
POT............-8.16%

PLACE SR.......36.51%
AVDIV..........$2.60
POT............-5.16%

Sorry to rain on your parade :sad:

Thanks Felicity,

q/ Sorry to rain on your parade q

The larger sample gets ya everytime.

Maybe I should sell the idea now while my figures look good, and let all purchasers suffer down the track :smile:

Seriously ... I appreciate the feedback and for you taking the time to publish the results.

OM.

Felicicty, with that many years of data, are you able to shed any light on what works and what dosnt, what have been the main key factors in a successful selection method, one in which you may be using just so we can see what you look for in a successful profitable method.

Adam,

The % of favorites winning is around the 30% mark and hasn't change since the year dot.

Computing power helps reduce the work load, but has not improved the fav. SR. one iota. Otherwise, every one with a puter would be rich and the fav. SR would have improved.
Ditto regarding systems [ yes, they can work for awhile but the fav., SR is still 30% so something is not working !!! ].

If time is an enemy, software has a definite place and will improve your handicapping efforts. What it won't do is make you rich. Beyond 30%, the variables get you and your puter.

Convincing you otherwise is the secret of selling 'race winning' software and tipping services that claim 'worked out by a computer' !!!

Software such a Cyberform and what is sold here are no more than great handicapping tools that do a lot of the legwork for you and even offer up suggested selections and other handy features [ If you have XL and know how to use it, Cyberform and Price predictor pro. are a great combo ].

After 30% though you are on your own and it is up to you to make the right 'guesses' based on your experience and good/bad abilities.

An individual punter can improve on 30% because there are others getting nowhere near that, but the wash comes out at 30% overall.

The air shared among consistent profit takers [ pro. punters ] is rarefied indeed.
Software and puters has made no difference to their number [ as a % of punters ] and I'm not one of them either.

Cheers.


[ This Message was edited by: crash on 2004-02-27 11:15 ]

Well put Crash.

Thanks Mark,

The greatest gift and tool any punter has is his/her power to 'reason'.

Why is it the first thing thrown out the window when the illogical is presented as possible $$$ in the bank ?

Cheers.