Home › Forums › Archive Topics › How do I make a book
- This topic has 175 replies, 26 voices, and was last updated 22 years, 8 months ago by carlisle.
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January 17, 2002 at 12:29 #97514
<br>Every time you back a winner you have found value.
January 17, 2002 at 12:31 #97516True indeed.
January 17, 2002 at 12:43 #97517A question for those who will only back, regardless of the price, what they consider to be the winner.  Are you 100% certain that the horse will win ?
January 17, 2002 at 13:12 #97518Daylight in my opinion there is no program in the world that could possibly make a book.If I see the overnight declarations for the big meetings I can make a book which is someway similar to the following days Racing Post.Twenty years of experience goes into this and I doubt any program could make an accurate book for a novice chase at Cheltenham.
January 17, 2002 at 13:19 #97519As previously discussed on this thread Luke it is to transfer your/users ratings into a calculated book from the users ratings. You have to have to have your own ratings! This program will only highlight value according to the users ratings. It’s not going to be a complete book calculator as that’s what odds compilers are employed to do, is just going to be a quick, simple aid to help transfer ratings into odds which should highlight value odds according to your ratings (basicially taking all the calculation work out of transfer data which will be done in a second).
January 17, 2002 at 15:52 #97522Yep, there are bad horses in bad races in all spheres and the all-weather is a good example.
There are some good horses that race on sand but a more all-weather tracks and group races are needed. I happen to like the idea of racing on sand/dirt a lot and there are plenty of horses that love it too.
About claiming races – over here are claiming races are silly. Owners/trainers enter their horses for X amount of money and weights are allotted accordingly blah blah blah.
In America their levels of claiming races are what’s needed over here. £5000 claimers (where any horse can be claimed for 5 grand) would be the low-level and, say, £20,000 would be a high level.
Now methinks that the problem is that we are all too gentlemanly (or womanly) to claim each others horses…well, that’s going to have to be over come.
I think Alan Potts said in the Inside Track that there was a horse fancied for the Lincoln or Hunt Cup or somehthing that was in a claimer. No one claimed it because they wouldn’t dare and it won whichever big race it was in.
I’ll have to check that but i believe that’s what he said.
January 17, 2002 at 15:59 #97524Esc.  Having completed the jigsaw, is there a price at which you would not be prepared to bet your selection ?
January 17, 2002 at 16:30 #97526do you back odds on aswell Esc ?
January 17, 2002 at 16:36 #97528<br>robbo as u probably are aware from prior postings i like escorial am not keen to say the very least on all weather racing
but you are correct re claiming races in the uk it is not considered a gentmanly attitude for one trainer to claim a horse from another i believe mr pipe has upset a few of the old guard brigade doing this in the past silly really.
January 17, 2002 at 16:53 #97529Esc . So I can only assume that there is not a price that a bookie could quote that you would not take. <br>1/10 sp on a Racing Post forecast of 5/1. Do you steam in.  Each Way ? Just to be on the safe side.
January 17, 2002 at 17:11 #97531Just to step in here – if the RP forecast is ever THAT FAR wrong then the person that did that particular forecast should be fired (upon with a big gun)
January 17, 2002 at 18:12 #97533Esc.  The only person you are fooling is youself.  You will not bet at any price, only a complete moron would do such a thing.  But then, maybe…………….
January 17, 2002 at 18:16 #97534every pro gambler in the country assesses the horses chance against its price and bets when the odds are in his favour<br>escorial if you really think that you are on a winner when selecting a 10/1 shot you are crazy a pro might rate it 7/1 or 8/1 but its never going to win more times than it loses<br>surely if you think a horse at 3/1 in one race and a horse at 12/1 in another which you both think will win then you must punt more on the bigger price
the thing with the value angle is that you have to be able to price a race up 100% acuratley or you fail this is what people like yourself cant grasp
January 17, 2002 at 18:33 #97536Sirspread, you are the first person on this thread to say you price up your book with 100% accuracy. When pricing up your book what factors do you use, i.e, speed figures, weight, going, distance etc etc.
<br>I’m definate’ly interested in pricing up my own book but it only seems to make sense to me if the book can be priced up accurate’ly say 90% of the time, i’m not confident that i’d be able to do that. Everything that you used to find your winner should be calculated into the book, this giving you an accurate price. Missing out any piece of information would not give you a true price, in my opinion.
So how do you do it sirspread!!!
January 17, 2002 at 19:13 #97540Esc.  Your boast that your prowess as a punter funds a annual holiday in Texas impressed me…… until I was informed by another forumite that in fact you win just enough to be able to tow your caravan to the car park of Texas Homestore in Bognor.
January 17, 2002 at 19:13 #97543i dont state for one minute that i can price a race to 100% that is for the pro`s i very rarely back horses as i bet 99% on the spread markets and that is a whole new ball game
January 17, 2002 at 19:36 #97544"the thing with the value angle is that you have to be able to price a race up 100% acuratley or you fail"
Sorry sirspread, i thought you were reffering to your own ability when it comes to making a book.
<br>Escorial, thats an interesting point you make, one which i have to put to the value panel:
on the panel we have:
nick hatton<br>james321<br>micheal<br>daylight<br>tooting<br>jjimps<br>smithy<br>keith the teeth<br>luke
The question is, do you believe that your book is always 100% correct, if not, then just how accurate do you think it is.
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