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Assigning scores to horses based on their recent form is a familiar practice in system-building. From basic shortlists to more involved rule-based models, the idea is usually the same: summarise a horse’s past performances into a single, actionable figure. One well-known example was the Fineform score, which we’ve written about before and placed significant emphasis…
Most bettors understand that the bookmaker Starting Price (SP) and the Betfair Starting Price (BSP) do not behave in the same way. Both are generated from the same race but from very different market mechanisms. SP reflects margin, trading between firms, liability management, and long-established conventions in odds-setting. BSP reflects the aggregated judgement of thousands…