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IMO the best use of this is to predict directionality of win odds. If the calculated odds based on other pools (prior race DD, willpays etc..) show 20-1 odds and the horse is at 40-1 it will definitely go down. It may not perfectly hit 20-1 but it will trend to that.
It can help you avoid bad bets.. a 20-1 current odds showing 2-1 imputed odds is probably a bad bet. It can also spot good bets.. a 5-1 current showing 10-1 imputed that you think has a good chance could be a very good bet.
That said.. some "whales" do now avoid betting pools that can be used for these calculations (DD/PK3). However it still works quite well.
DRF has an Imputed odds calculation on their form product and we have it in AmWager as TRU Odds. Our uses DD willpays as the primary source but also takes in PK3, current DD, current EX and current WIN into the calc. Its calculated in realtime along with odds updates.
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Jason Martin
IT Director
AmWest Entertainment - AmWager
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