Statistics v Knowledge

[thunderfoot]

Is it really possible to have a successful betting system based on Statistics compared to a system where 'Knowledge' is the driver?

[dgs2001]

Hmm

Im guessing that the lack of answers here tells a story!!

I for one will stick my neck out and say yes.

This is based purely on my betting a statistical laying system since feb 08 and finding so far it has worked.

Just to really stir the honey pot my statistical system goes against the generally accepted saying that 'The odds imediately preceding a race are the true odds of a horse winning.'

The downside is it only makes beer money and its a rollercoaster high ups and low downs!! Its worst enemy is human intervention (me )

I am absolutely convinced with a couple of hours to add a further filter or two it would be quite successful and produce much more than beer money, one day I'll get round to it!

Duncan

[Fixador]

Thunderfoot : are you refering to the 2 different forms of anylsis say from:-

(1) "fundamental" data, ie, "form" data , or, jockey / poney / trainers configurations as a 2nd method

(2) "technical" - which is purely numbers driven ? ie chartist anylsis, trading, greenups , etc

(3) "Hybrid" - someone else does the "form" calcs !

ok - thats 3 , thats a bit of a rough and ready -

Anyway - I'm a (2) wouldn't think so though - would you - since i cant count !