Market Pricing - Discussion - Racing Talk - Racehorse TALK
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Market Pricing - Discussion - Racing Talk - Racehorse TALK

Author Topic: Market Pricing - Discussion  (Read 3845 times)

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Offline Wenona

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« 2022-Mar-04, 10:26 AM Reply #50 »
Peter
You have nothing to contribute here so please refrain from posting on this thread

 :clap2: Should be a whole lot more of this. Never engages in a discussion or debate, never anything constructive to say, is simply a troll and should be treated as such.

Online wily ole dog

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« 2022-Mar-04, 10:31 AM Reply #51 »
:clap2: Should be a whole lot more of this. Never engages in a discussion or debate, never anything constructive to say, is simply a troll and should be treated as such.

Totally agree Wenona and a big thank you to sobig fo doing it. :thumbsup:

No one begrudges people having a view but to cut and paste the same stuff for year on year only leads to destroying the forum.
Especially when itís Ben proven to b wrong and driven my an agenda fuelled by self interest

Offline bascoe

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« 2022-Mar-04, 12:41 PM Reply #52 »
Ok got it now - was scratching my head until I realised the BEST rating was the lowest number so I needed the negative of each number

bascoe

Offline bascoe

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« 2022-Mar-04, 12:44 PM Reply #53 »
Thank you sobig - I don't my Peter having his say on his own threads - I can avoid those - or if he added something relevant, but he wasn't on this thread.

Offline Dave

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« 2022-Mar-11, 10:09 AM Reply #54 »
A couple of points from the original post
It's not just "weight of money" that moves Markets, it's also whose money it is
That is a major reason Bookies don't like the use of "bowlers" Bowlers are usually proven losers and they could put 10's of $1000's on and the market wouldn't move, the bookies think even if the bowler backs a winner he will just keep betting until the bookie has it all back and more, on the other hand if they thought the money was from an educated source a relatively small amount could  shorten the odds
point 2
If you are looking for a lead from the market....find another hobby as punting is not for you
let me explain, most "pro" punters put a value on each horse, or at least I do and I would assume others do too,
If I thought a horse should be(and will be) $3 and the bookies offered $6 I would back it for a a max bet, now if it firmed into $2.50 I would be laying it, if you follow the market, that is when you would start backing it at $2.50!....so you aren't really following the money, are you? I am not even backing it because I think it will win,
I.e. in today's Kembla Classic, Roots went up $7 (by mistake) I knew it would be fave and I could lay it off, when the bookies woke to their mistake the price changed to $3.30(still overs in my opinion) I had a bet 3 times my max with a couple of bookies with the plan to lay it off.....unfortunately on this occasion Roots was scratched and the bookies were saved, it had nothing to do with thinking Roots would win, ( although I did) it was about the price being wrong
so just be careful "following the money" even in the last few minutes, I would rather back a blower than a firmer,
There is only ONE opinion that I respect above all others, If I back my opinion and lose I will learn something, If I back someone else's opinion and lose I will not learn anything, even if it wins I will still be none the wiser,
The purpose in life for all winners is to never stop learning....listen (and learn) from everyone....but always form your own opinion
Good luck


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