Framing your own betting market in Australian horse racing means putting a price on a horse yourself — estimating its percentage chance, just as a bookmaker does. Denton Jardine wrote this one for Practical Punting in September 1995, and part two is where he hands over the method itself: seven factors, a maximum of 150 points between them, and a scale that turns the final tally into a price. He is plain about what it will and won't do — you are not going to be right all the time, and all you can try to do is be right enough times, and secure enough of an overlay, to make the whole exercise worthwhile.

 ðŸ“˜ FREE e-book — "Prices By Points - Part 2": download it free and keep the full method beside you every race day 👉 https://pp.practicalpunting.com.au/prices-by-points-p2/
 

What you'll learn:

  • What a price is actually saying: a 6/4 chance is a 40 per cent chance from 100 — the horse winning 40 times out of a 100, were the race run that many times — and a bookie who calls the same horse a 4/6 chance is saying 60 per cent, which to you is not value; offered 2/1 or longer, you could consider backing it
  • The seven factors he scores each horse on — trainer, jockey, distance ability, recent form, track ability, barrier draw and overall assessment — each carrying its own maximum, the lot coming to 150 points, with every maximum set out in the free guide
  • The scale that turns points into prices: two points in the betting for every 10 points on the scale in races of 5 to 10 runners, three points for every 10 in races of 11 to 16, four for every 10 in races of 17 to 24, and no bets at all in a race of 4 or fewer runners
  • The method worked through on a field of 10: a total of 150 is a top score and an even money chance, so you lop 2 betting points off for every 10 points below it — the horse heading the list on 140 comes out at 3/1, and the rest of the field runs down from there

 ðŸ“˜ FREE e-book — "Prices By Points - Part 2": download it free and keep the full method beside you every race day 👉 https://pp.practicalpunting.com.au/prices-by-points-p2/