We’ve been rating horses since the 80’s but in the 70’s we “ranked” horses. So back then we simply did all the stats, estimated the gap between the top five runners and if the gap to the top horsewas a length or more then that was the bet. It was a good way to go adn now and then we would extend to Doubles or Trebles or whatever, maybe a Quinella.
Then in the 80’s Don Scott promoted the betting to prices model and it was something that we hadn’t even thought about before. So now the accent was on creating a price and then only betting when we could get the price or better.
We priced our market to 85% so even f we just got square we had made 15%. Good deal. More in a day or so.