Horse racing: how to understand price as an aspect of value

How to understand price as an aspect of the search for value is part of the profit constraint. It is a simple matter. The price is what the player looks for each time he plays because it is what the public across the board will give you in the form of odds when investing in a ticket. The public creates the price and you accept or reject it. But playing the game is more complex than that and the price fluctuates up and down (in terms of odds or money) as people continue to buy tickets until the gate opens.

Therefore, the player must know how the totalizer will fluctuate from zero minutes to the end of the race. Each installment is equal to a specific amount of money. From the audience’s point of view, this is what you’ll get paid if you invest in tickets. But the player will look for better odds or combinations of odds or price to get paid more value. In each case, this is what you will do so that the amount of money per fee and/or combination of fees must be priced at a certain amount of money before you put your money on a ticket.

Because you are looking for a price that is good enough to spend your money. If the player buys a trifecta ticket for $20 and that trifecta pays $230, then $230 is the payout and the price in one. Such that the player makes a profit of $210. So one of the main goals of the player is to be able to predict before the race starts what the odds will be at the end of the race before investing his money. Will the public give a price of $200 or more for their $20? Which is always a search for ROI.

Even if it’s $1. Then the player must predict what price he will or will not accept. Either to pass or play this or that particular race for profit and ROI reasons. The player is willing to invest in a ticket if the public shows by their total odds that they are giving a good price on the deal. You should always want a good price before spending your hard earned money. In all cases the player must look for money value or he will be playing at random. In such cases, he will lose his money. This is partly how to understand price as an aspect of value.