Re-reading “Six Screats of Successful Bettors” again and came across the following quote which I’ll try to remember when asked the question “who do you like”
Obviously everything depends in the odds. Anybody who says ,”I’m going to go out and bet this horse” before the days starts, you can elimiate him as a serious player.
You can have a feel for what you’re going to do but you can’t make a finel judgement until you see a price.
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Tags: Tissue, Value Betting
4 Responses to The Importance of Value
mark
November 8th, 2009 at 12:58
Hi
Another great post.
I have only recently found your site and think it is one of the best out there.
You have probably already posted but what is your top ten list of books as i would find it a good place to to continue building my library from
slipperytoad
November 8th, 2009 at 16:52
Thanks for the comments Mark. I’ll list my top ten reads in a blog post soon.
Sandracer
November 8th, 2009 at 22:51
I would’mt call myself a serious horseplayer.
We have the odds that go in most papers posted 2 days before the race. We get early odds crunched together fm the bookies early prices.
We also ge to see where some of he money going down goes on throughout the day.
We get to bet small over and over staying in the game.
The hard part is the patience, and knowing how to follow your nose and go in heavy when you just know the horse should never be “that” price.
I would’nt have the 1st clue how to write abook on it, or something like that. I can’t begin to explain what perceived value is either.
I think my approach discludes me from being a serious horseplayer. But i’m not messing about either.
slipperytoad
November 9th, 2009 at 10:12
Sandracer
The ultimate measure of ones success/failure is your account balance at the end of the day/week/year. How you arrive at a positive expectation is your method. The quote (like most) is an idealistic view, but one I subscribe to.
Many times I have missed out on the “winner” of the race because of the fact that I was looking for … … … … … … the winner … … … … ..