Punt to Win |
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23/5/2003 edition Racecaller Betting Tips The other week we received an e mail which said, "Why are you always criticising racecallers? You're not being to fair to them." We think we are being very fair. Here are some reasons why we bring to the public's notice what racecallers say: 1. Racecallers tend to be promoted as form experts by their
media bosses. Here are some examples from last Saturday. When Southern Rose won the third race at Rosehill, Ian Craig said: "Southern Rose, as I was saying before the race, usually when a horse doesn't budge in the ring from the time bookies put their prices up and it doesn't change from the time of opening to the time they jump, nine times out of ten those horses will run a mighty race." The official bookmaker betting fluctuations for Southern Rose remained at $5.00 throughout the betting. Would Southern Rose have raced worse if it was supported with more money and firmed to $4.00? Would Southern Rose have raced any differently if it eased from its opening price of $5.00 to $6.00 and then firmed to $5.00? Or if it stayed at $6.00? Of course not. To back a horse because its official bookmaker betting ring fluctuations stayed the same in the betting is just plain superstition, at best a betting myth. It has nothing to do with form analysis. Does Ian Craig have any
meaningful results based on statistical research to back up his claim
that "nine times out of ten those horses will run a mighty race."
This edition of Punt to Win: Back Tote Longshots?
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