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BEST BACKED, REALLY?

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justafairgo2551 Thursday 30th December 2021 at 1:10pm

Many market movers, Best Backed, Steamers identified by websites are technically wrong. Today the Best Backed shows as a $91 into $26. As far the book value is concerned, assuming 100% (which they aren't, more like 125%) the horses chance has moved by 2.6%, or 1.1% to 3.7%. Yet a horse that has moved from $6 to $4 has had its chance to win improved by 8.3%. This means the bookie has taken a lot more bets for the $6 chance than the the $91 horse. Isn't that what a punters want to know.

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