18th May 2012, 01:40 PM
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Member
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Join Date: Sep 2006
Posts: 1,070
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Rated price accuracy
As you know I'm not much of a ratings guy. One of the issues I have with the various methods used to convert ratings to prices is their long term accuracy. For example do your Evens horses win 50% of the time? Do your 2/1 priced horses win one in three? etc etc.
My view is that ratings are of most use in ranking the selections, not pricing them
Though it may be an interesting discussion point.
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Pixie "It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
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