What is value? That's what some people ask me from time to time.
It varies from punter to punter. What represents value to me, may not do so to you.
Some punters are as happy with a 4/7 winner as I am with a 11/2 winner or 16/1 each way placed horse.
You have to ask yourself this question: Is the price, are the odds, in your favour as punter, rather than that of the bookie? It is all about the balance of probabilities, of course it is. But does the price being offered represent potential . . .
Want to read more? Log-in or sign-up to access the full post.