How-to

How to read tissue prices

A tissue is a decimal price that represents a horse's true chance of winning a race, without bookmaker margin. Knowing how to read tissues — and compare them to the market — is the foundation of value betting.

Tissue price → implied probability

Implied probability = 1 / decimal odds.

  • Tissue 2.00 → 50% true chance
  • Tissue 4.00 → 25%
  • Tissue 8.00 → 12.5%
  • Tissue 20.00 → 5%

Reading a tissue row

An Odds Father scanner row looks like this:

  • Horse: Saxon Warrior
  • Tissue: 5.00
  • Best book: 7.50 (Sky Bet)
  • Edge: +50%
  • Confidence: A · 91%

Translation: the model believes Saxon Warrior has a 20% chance. Sky Bet is paying as if it has a 13.3% chance. The bookmaker is overpaying by 50% — a strong value bet.

What edge % actually means

Edge = (Best price / Tissue) − 1, expressed as a percentage. A +50% edge does not mean you'll win 50% of the time. It means your expected return per pound staked is +50% over the long run.

The thresholds we recommend

  • Below 5% — ignore. Within model noise.
  • 5–10% — playable for high-confidence (band A) runners
  • 10–25% — solid value, the sweet spot for staking
  • 25%+ — strong overlay, but check the confidence band
  • 50%+ — usually means a data issue; verify before staking

Reading confidence

Confidence bands (A high / B medium / C low) tell you how trustworthy the tissue is. Big handicaps with full form data run band A. Maiden juveniles or thin-data races run band C — treat those prices as indicative only.

→ Practice reading tissues live in the Value Scanner

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