21st December 2001, 10:18 AM
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Member
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Join Date: Jan 1970
Posts: 83
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Bhagwan,
Assuming you're right, you get 14 winners from 64 selections (top two in 32 races) that's about a 21% strike rate.
That means that if you backed each one and your average win price was $4.50 you'd still LOSE over the long term.
Again, if a horse is in the top two of the media selections (another phrase is that they are media hyped) you'd be extremely lucky to get $4.50 because everybody who doesn't do their own form would be backing them.
There is NO value in following what the media tips. They work their selections out on a Thursday without any consideration of track condition, track bias, final scratchings etc. It is extremely risky to follow these selections and should be left for the sheep.
I've never seen a wealthy sheep.
V.I.A.T.K.
[ This Message was edited by: Reenster on 2001-12-21 13:02 ]
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