Quote:
Originally Posted by GameTheory
I didn't say anything about betting them blindly, or even betting them at all. They could be negative angles. I was just wondering how you might adjust your oddsline for inherently "non-relative" factors where you can't compare horses within a race on that factor other than to say this horse has it and this horse doesn't...
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(Sorry, I wasn't meaning to imply anything negative about anybody's particular betting style.) The factors (and there are only three of them) that I apply to individual horses (rather than to the full field) are strong positive ones (the type of independent variables that I previously described) that fall outside the scope of the factors that I'm using to rank the whole field on. When I've arrived at a composite value ratio for all the horses in the field using my "full-field" factors, if any horses in the field then qualify for the individual factors I employ, I multiply only the composite value of those horses by the value associated with the individual positive factor(s) for which they qualify, and use the new composite value for those horses as the basis for calculating their fair odds.