As I work for the company, via employee purchase at a significant discount I have received delivery of a HP IPAQ 214

Using the process and formulas outlined in Barry Meadows book, I have created a spreadsheet to

• Create a my own personal odds line that ensures the chances of all horses in the line total 100%

• Calculate my percentage edge based on the odds being offered via the formula

edge % = probability of win x odds – probability of loss

• Determine how much to bet via the formula

optimal bet % = edge / odds

When I’m on course or in the betting shop I use the downloaded tissue on the device to conduct the calculations above on the fly as the odds change right up until the moment the horses arrive at the post.

I have no excuses now, if my odds line is semi accurate, a 20% or more edge  over the crowds’ odds should restrict my selections to value bets only.

In theory!

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