The bookmakers do the ratings and there opening prices should be the most accurate market to a the runners chances. If you just adjust the prices % to under 100% and bet the overlays then you have the answer.

So why bother with ratings? The bookies such as IAS keep those horses well under the odds that they know are likely to win. They employ people to rate and ensure the most accurate prices are put up.

Pretty hard to argue with that Logic.
Just another reason why you can't win at Punting.

But thats only about WIN ONLY Betting.
With the Exotics , there are discrepancies and are exploited by Professional Punters.

Couple that with market movements and getting the best price....and you have a recipe for gold

__________________
RaceCensus - powerful system testing software.
Now with over 412,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 31/12/2024
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg

In view of these profound and probably deeply felt statements I suppose I have to pack up and slink away, and give back all the profits I received over many years doing my own rating.

I don't know the OP but I'm surprised by CP endorsing his comment.

Each to his/her own I always maintained, not so these days when PC thinking encroaches punting even.

But C'est la vie!

Or perhaps get in touch with IAS with your resume in hand.
Steady income with no risk and you be doing what you love , and getting paid for it.

I can tell you first hand that bookmakers at Randwick in the bar areas punch in IAS rated prices! This is what is put up for each race on their boards. The % obviously is set in the bookies favour however this is what they use.

Have I got a good case here???

Fail to see how it relates to doing one's own rating?

why bother doing ratings when these guys have paid heaps to get the best and most accurate for each horse in a race??

Bookies don't give any away in their opening prices and are the most accurate guide. It's in the tote market that then value can be found.

I don't think we are in the same universe as far as punting goes.
Follow the bookies-IAS then, and have a prosperous life.

Good luck

Human nature makes us look for the easy way. I can tell you a little effort will beat the markets but only if you do some work.

Why bother doing any work??? Well you just might learn something!! I have been guilty of being lazy and looking for the easy way. Does it work ?? No not for me! The harder you work the LUCKIER YOU GET!

Twodogs