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09-10-2010, 09:05 PM
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#1
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Registered User
Join Date: Jul 2008
Posts: 386
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Best program for Odds Line ?
Hi , I am looking for a program that makes a solid odds line.. Any ideas ?
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09-11-2010, 11:22 AM
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#2
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Registered User
Join Date: Aug 2001
Location: Santa Barbara, CA
Posts: 509
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Odds Line
Quote:
Originally Posted by big frank
Hi , I am looking for a program that makes a solid odds line.. Any ideas ?
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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
__________________
Thoroughbred
Last edited by thoroughbred; 09-11-2010 at 11:23 AM.
Reason: typo
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09-11-2010, 11:47 AM
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#3
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Registered User
Join Date: Mar 2001
Location: GA
Posts: 2,860
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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
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09-11-2010, 01:16 PM
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#4
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,889
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Doesn't Multicaps generate an odds line?
__________________
Who does the Racing Form Detective like in this one?
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09-11-2010, 01:25 PM
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#5
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,487
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Has anyone evaluated HandiFasts fair odds?
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09-11-2010, 03:23 PM
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#6
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Registered User
Join Date: Jan 2007
Posts: 18,962
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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
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09-11-2010, 03:33 PM
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#7
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Registered User
Join Date: Aug 2001
Location: Santa Barbara, CA
Posts: 509
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Odds Line
Quote:
Originally Posted by big frank
Hi , I am looking for a program that makes a solid odds line.. Any ideas ?
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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
__________________
Thoroughbred
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09-12-2010, 10:18 AM
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#8
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Registered User
Join Date: Feb 2002
Location: Connecticut
Posts: 239
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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.
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09-13-2010, 08:03 PM
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#9
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,487
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Quote:
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
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Your post made me look in my cellar today and pick it out of my racing boxes.
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09-14-2010, 12:22 PM
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#10
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Registered User
Join Date: Mar 2001
Location: Niceville, FL
Posts: 319
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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
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09-14-2010, 07:35 PM
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#11
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crusty old guy
Join Date: Aug 2003
Location: Snarkytown USA
Posts: 3,925
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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.
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09-26-2010, 06:18 AM
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#12
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Registered User
Join Date: Dec 2006
Posts: 175
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WTS Odds Line
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.
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09-27-2010, 08:12 PM
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#13
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,487
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Quote:
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.
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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.
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09-28-2010, 12:25 PM
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#14
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BetMix User
Join Date: Dec 2004
Location: Boynton Beach, FL
Posts: 1,108
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The Publics Odds LIne
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.
Last edited by Partsnut; 09-28-2010 at 12:30 PM.
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09-28-2010, 12:30 PM
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#15
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Registered User
Join Date: Jan 2007
Posts: 18,962
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Spreadsheet and do exactly what Mitchell tells you to do.
Quote:
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
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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.
Last edited by Greyfox; 09-28-2010 at 12:43 PM.
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