Quote:
|
Originally Posted by Raven
Since May 2011, I have layed 87 horses at greater than $11, of which only 3 have won. Total profit on these is $456, which represents 39% of the hold. I'm in a position now that 3 of these longshots would have to win for me to get into the red again ( I lay them at $200 liability).
|
That you have access to this sort of information is the reason why you are successful.
I don't do this.
I know should and have everything to gain by doing so and zero to lose , except perhaps some time.
Could you tell me something about 2 scenarios that could occur in these 87 Wagers?
Supposing you had a horse rated at $50 and the man wanted $10
I figure from what you write , that you would let him have $20 on it at $10 and that would be that for that Race.
And supposing in another Race where you had something Rated at $14 and the man wanted $10 , then again, you would let him have $20 on it at $10 and that would be that for the race.
Is that so?
Tell me if not.
If it is , can you see that the animal that you have given almost no chance , is being treated exactly the same as the animal that you give some sort of chance?
I have a Formula here that AngryPixie helped me with that will help you take advantage of the discrepancy between your rated Price and the other Player.