I think a lot of VALUE in starting odds occurs when an animal has run a few ordinary efforts, but has a lot of ability.
Punters tend to discard an animal before they will forgive it.
Therefore the odds tend to be more than what the animal should be.
When an animal fails at its latest start, if there is any reason at all why it occurred, then rate it as though that run never happened.

When you form a Market, and somehow it don't look right, ADJUST it.
If it don't look right, then it probably ain't.

Meadows Race 6 No 3 OPIE LAD $4 Eachway
Meadows Race 6 No 4 BANDIT'S FLAME $6 Eachway


Meadows Race 8 No 6 Fred Basset

I came up with a 40% chance of winning based on his ability.
With a Box penalty he goes out to 35%.
And for VALUE, $4.10 is the price needed.
I'ld imagine that would be available, so I'll go $12 Eachway on him.

Moeee my friend I back too many losers to be critical of anyone,nor do I intend to lower the tone of this thread with childish ya ya ya-ya garbage,,,,



Meadows Race 6 No 3 OPIE LAD $4 Eachway
Meadows Race 6 No 4 BANDIT'S FLAME $6 Eachway


Meadows Race 8 No 6 Fred Basset

I came up with a 40% chance of winning based on his ability.
With a Box penalty he goes out to 35%.
And for VALUE, $4.10 is the price needed.
I'ld imagine that would be available, so I'll go $12 Eachway on him.

Mate the meadows race6 just came up as bets without odds required which is really the crux of this thread..
I imagine that race8 was a no-bet race because you couldnt get your value??
I did notice that Fred Basset was a unitab 100 pointer and it would have been a bit doubtful to get out to $4.10

However I do understand what you are saying and accept the logic behind it.Thank you for giving the example.

I tend to agree syllabus23. Coming up with odds rarely on offer. It's one thing to create a value pudding from theory, it's another thing to be able to eat it. The bookies ain't mugs.