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Originally Posted by michaelg
If we had the same volumes in betting as England does, we could more or less tell by midday which horses would be selections.
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This is a little off topic, but I had to respond to this sentence.
The UK volumes are astounding at times, in fact I would say that as a group they are more intelligent than Aussies (don't take offence, I'm talking about volume). Their prices are extremely close to prepost prices - within 10%, while over here, some of the odds are just ridiculous.
In short, I can hardly make a profit from Australian races laying horses, I wait for a long odds on horse to surface, yet I can make easy profits from the UK up to $2.20.
As an example my australian wallet is in negative territory, and my uk wallet is twice that in profit.
This could say something about MY skill, but I doubt it, as the mechanical rules and formula do not change.
The difference between the two markets is astounding and there is so much money for jam available here, that I've now reversed the whole process in Australia with excelllent results.
I back in Australian markets and lay UK in markets.
Anyone else noticed this?