nedloh, thanks for the update, my stats are 35 years out=of-date, a bit like myself. However, I will stick with the principles espoused by my guru,the professor, such as:
'Consistent earnings -our objective - come from analysing and weighing up the published factors better than the majority not from big fluke wins'.
'When you do bet it must be a value bet. once you have selected the likely winner it is essential to assign your own price to it (I, of course calculate odds from ratings as described) the true odds the horse should be placed at in your opinion'.
'Do not bet on odds lower than 6/4 against as history proves there is no way you can win over the long term - your percentage of winners needs to be too high'.
Pulsnatrix, you never said and here's me trying to conduct a mini-masterclass (the wife does say I am a B knowall, which is a bit harsh from such a close relative). Perhaps like you I will give up on this thread as it is not moving me forward helping to improve my selection technique.
With regard to the Mus 3.40 yesterday your analysis was better than mine, although I knew looking at my chart Ifandbutwhynot coming from Cheltenham/Sandown to this level on a track where weight is not such a leveller and my top rating was a shoe in. The connections did not seem to go for it but I suspect they are going for 'glory not gain' at the Cheltenham Festival possibly the County Hurdle, so just a prep race. On the other hand, Roman Flight coming from carrying 9st on the AW and PU the race before that should not have been considered, hindsight is a grand thing.