Quote:
Originally Posted by ScottJ
Your bias (preference) is then to cash often without consideration of value on the wager itself. Wager value is not equated to just price as a $3.00 win price could be value while a $40.00 win price could be terrible value.
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we all know that as a whole, horses going off at 25/1 are terrible values
but nobody can say authoritatively that this horse going off now at 25/1 is a terrible value
a player can create an odds line - but it's all speculation
there is no mathematical formula that can calculate what a horse's true odds are
those who win in the long run probably look for things that look extremely out of whack
I really doubt that there is anybody, who in a 10 horse field can accurately say that the #3 horse on the board at 7/2 has true odds of 3/1
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