Yesterday I was having a discussion with another ratings provider and their focus is very much on getting overlays. I shifted away from that many years ago but after the discussion I decided to take a look, and to make it a fair comparison, I looked at just Sydney and Melbourne for the year to date. I was amazed to fine that I found 89 bets for 28 winners 31% and a profit of between $2880 for $100 level stakes bets or $6000+ betting to take out a $1,000 profit per race so for a $4 shot that’s an outlay of $333. Average dividend of the winners was $4.20 which you would expect for overlays.