Best program for Odds Line ?

[big frank]

Hi , I am looking for a program that makes a solid odds line.. Any ideas ?

[thoroughbred]

Originally Posted by big frank

Hi , I am looking for a program that makes a solid odds line.. Any ideas ?

Big Frank,

Are you looking for a program to make your own odds line, or a handicapping program, that uses its results to analyze and create one?

Rube

[JimG]

By solid odds line, you mean the most likely winner on top, etc., the public odds are the best.

If you mean an out of the box line that can give you solid overlays high on the line I know of two that I have used over the years that do this well "out of the box". Capsheet, and Black Magic, the ultimate handicapper. The developer of Capsheet died several years ago and unfortunately his program is dying with it. Black Magic is very expensive if you are only a casual player.

Other programs such as JCapper also gives a good oddsline for overlays with user tweaking. A Plus 10.0 does as well. I would guess HTR and HSH also give a good oddsline but I have used neither for several years.

If you have questions about specific programs I have mentioned, be sure to use the search feature as all of these have been talked about in the past here at Pace Advantage.

Jim

[Tom]

Doesn't Multicaps generate an odds line?

[fast4522]

Has anyone evaluated HandiFasts fair odds?

[Greyfox]

Years ago I built a computer program and incorporated the ideas outlined in
the late Dick Mitchell's book Winning Thoroughbred Strategies.
It was excellent. I later built a second program that did not include his formulas, but many times I wish that I had.



It's available quite cheap at:

http://www.amazon.com/Winning-Thorou.../dp/068807913X

[thoroughbred]

Originally Posted by big frank

Hi , I am looking for a program that makes a solid odds line.. Any ideas ?

Big Frank,

If you are looking for a handicapping program that includes an oddsline, CompuTrak does that.

This oddsline is what Brad Free used when he obtained the CompuTrak test results that he wrote about in his DRF column. He only chose the horse with the lowest, (best), CompuTrak odds.

You can view his column and see the results he obtained at:

www.revelationprofits.com

Rube

[Jingle]

Tom

Yes, Multicaps does include various oddslines including an Ability, FPS, TPR, etc. The Ability oddsline is the default and probably the best although you do get many double-digit payoffs with the TPR and FPS oddslines.

[fast4522]

Originally Posted by Greyfox

Years ago I built a computer program and incorporated the ideas outlined in
the late Dick Mitchell's book Winning Thoroughbred Strategies.
It was excellent. I later built a second program that did not include his formulas, but many times I wish that I had.



It's available quite cheap at:

http://www.amazon.com/Winning-Thorou.../dp/068807913X

Your post made me look in my cellar today and pick it out of my racing boxes.

[Big Bill]

Greyfox,

I have two of Mitchell's books. One contained a program in the back of the book, written in a generic basic language. Did you use any of that program when you wrote your program, or did you use a different language?

Big Bill

[headhawg]

I've incorporated versions of C-C, P-S, and Mitchell's Power ratings from WTS into Handifast. The odds line that it generates isn't purely based on those factors but it might be worth a look-see as it's free.

[AAcoolguy]

Using the Mitchell power ratings from Handifast and the directions for odds line creation from WTS, it can be done manually pretty easily. I've done it a few times, it would be nice to have it programmed though. Actually you can use just about any figures with the odds line creation directions from WTS and come up with a pretty good odds line.

[fast4522]

Originally Posted by headhawg

I've incorporated versions of C-C, P-S, and Mitchell's Power ratings from WTS into Handifast. The odds line that it generates isn't purely based on those factors but it might be worth a look-see as it's free.

I have noticed and used it with the CSV export you did. I think the Fair Odds was coded by Mr Wood. Maybe there is some correction to what I might have said. Love the CSV feature that can be blended into other or changed to suit.

[Partsnut]

In my opinion, assigning an odds line is very subjective topic. I believe that the most representative odds line numbers are generated by the public.
Once you have your 3 top contenders and if you follow the tote board, you may want to look for the actual betting trends that occur during any particular race.
I accomplish this with a betting module that I recently acquired from Joe Zambuto, which is incorporated in his software, that shows me the betting trends in real time.
It shows me which horses are being bet (underlays) and those that are lightly bet (overlays) and those that stay flat in accordance with their intial opening odds.
Being as the public is right approxamitely 33% of the time, I can get an indication as to which of my contenders offer the best value during a given race.
Value is the name of the game.

[Greyfox]

Originally Posted by Big Bill

Greyfox,

I have two of Mitchell's books. One contained a program in the back of the book, written in a generic basic language. Did you use any of that program when you wrote your program, or did you use a different language?

Big Bill

I made my own program incorporating Pace and Speed a la Brohamer and Mitchell using a Lotus 1-2-3 program. (I still use lotus 1-2-3, although more are using Excel.)
The key is to set up the formulas exactly as Mitchell tells you to.


P.S.
After many years I've just dug out the book again too.
First of all you have to develop a class rating.
Secondly a Power rating.
Then an ability rating and then a
Betting line.
Chapters 13 to 15 are the core of what I built my program on at the time.