French tote set to offer the value in Arc as punters pile into Enable

Since the advent of Betfair in 2000 most people seem unanimous in agreement that markets have never been so accurate at predicting race results, and the argument goes: the markets are too efficient to bet at starting price and so make a long-term profit. You need to beat the SP.

However, I just don't believe the markets are as efficient as a lot of people think they are. There is plenty of uncertainty out there, even in the minutes leading up to the race when liquidity is strong on the exchanges, and those markets give us punters a chance to find value.

Drifters often go off bigger on the exchanges and in the pools, so there is value in finding horses who aren't sexy and don't capture the imagination of punters. Maybe they hail from unfashionable yards or have garnered a bad reputation for one reason or another. These types will almost always offer value, even at SP, and plenty of them win their fair share of races.