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I see so many people that say they study the form or they have ‘info’ etc, however unless you you are least somewhat looking at the odds of the horse, you simply can’t be profitable long term.
In almost every race, the bookmaker builds in a margin called the overround.
That means:
- The total implied probability of all horses is well over 100%
- Even if odds look fair individually, the book as a whole is stacked in the bookies favour
So unless you’re consistently finding value by beating the true price, you’re fighting a built-in disadvantage and ultimately a losing battle every race.
Price matters.
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