• Finding out what wins


    Be aware that this will be a PRODUCT - as opposed to something free.
  • Late Odds Changes
    & @William Zayonce,

    My position is that depending upon the tote board makes me crazy.

    I've adopted the practice of betting into PROJECTED ODDS.

    This works so well that I only use the tote board as a last minute check for HIGH ODDS horses that SHOULD BE LOW ODDS.

    Coming before Christmas is a tool that will allow all of you to let go of your dependence on the tote board.
    I really need to build a sticky thread called, "What I'm working on NOW & SOON."
  • Late Odds Changes
    It goes both ways . I take the position that I can't control the odds so just accept what I get or pass.William Zayonce

    Alas, it doesn't go "both ways" very often.

    We bet on what I call "Gate Odds" but get paid on "Winner Circle Odds".

    If the winners odds went up even remotely close to how often they go down, then it would GO BOTH WAYS.

    However, the winners' GATE ODDS actually GO DOWN 74% of the time!!!
  • Finding out what wins
    Two examples of simple "angles" that I like are these; "1 : the only entrant to win its last race ( combined with a few "complemenary " factors) ."2 : the only entrant to finish 2nd or "good" race ( again with qualifications).William Zayonce

    Interesting approach to spot plays.
    I have a project on my agenda for the spring which is called Subset Handicapping.

    It begins with a subset of horses and asks the question "What makes ________ horses win?"

    My concern about your current approach is that these angles you mention above are just not as exciting as you'd think.

    I know you have tacked on some other conditions to your angle but the bottom line is that the difference between "Good Race Last = YES" and "Good Race Last = NO" is really negligible. Sure, the IV & hit rate is higher but it does almost nothing for the $net ($2 is break even) because the gains are destroyed by the huge downward tick in the average odds .

    (from P&P, 2012)
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  • Finding out what wins
    How would you define a good race?Steven

    Standard definition is from Dr. William Quirin (found in Percentages & Probabilities.)

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  • Finding out what wins
    If these stats are already included in "Percentages and probabilities " please advise, I'll order a copy.Zayonce William

    Good races and some other stuff are in PAST 10 and a bunch of items in LAST 90 DAYS are included.
    There are HUNDREDS of factors.

    There are also those SAME HUNDREDS of factors (data tables) spread across 25 different kinds of races. Over 1,300 extra pages!

    Buy it here.

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    • Allowances Sprints & Routes
    • Claiming Sprints & Routes (including N2L)
    • Graded Sprints, Routes, Turf
    • Maidens, etc.
    • Young Horses
    • Marathons
  • Breeders Cup Facebook messenger Handicapping Seminar?
    @Conley
    The best way to do this in the future is for you and I to create an event here (still linked to your live session), but you post the link instead of doing it via messaging.

    This way, you really get it to be ALIVE as well as live.

    How many attendees did you get?
  • Finding out what wins
    Highest QES points percentage (of field total) might be interesting.Zayonce William


    Surprisingly, that is a very disappointing factor.
    Check out the Early Speed series, if you haven't already.

    How much of an advantage ( in percentage) is needed to produce a profitable play.Zayonce William
    You have to see it from an "out-perform the tote board" point of view.
    If you've not read this book, Percentages & Probabilities, there is a lot in it like that.
  • Hooked on racing
    Spring of 73 belonged to Secretariat and I was hooked for life!Zayonce William

    I came in later but was he not the greatest horse ever?
  • Anything Better than APV or EPS for a Class Rating?

    Your post describes a different purpose than what I use it for.

    I am using it as a METRIC so that I don't have to BUILD A STORY.

    That's why I can completely handicap a race in 3 minutes, giving me time to enjoy the watching of the race.

    So many people see each race as a PUZZLE to be figured out.

    I see RACING as the PUZZLE!
  • Who Was Osborne Reynolds?
    Did you use Reynolds numbers back in the old Thorobrain days? I felt that product was outstanding! At least I was getting good results. lolTony Kofalt

    No. I discovered it around 2001 or so.
  • Anything Better than APV or EPS for a Class Rating?
    Next question "is 120 days a good half life or is there a better one, 90 days, 75 days?????". I'll get around to answering my own question when I get to sit down in front of the computer for another couple of hours.Steven

    That is the standard Benter approach.
    I've tried some others a decade ago and it seemed to be better.
    Might have shifted out a little further but not by much.
  • Anything Better than APV or EPS for a Class Rating?
    Is that a good thing or bad thing?Conley

    As I said, I learned a lot from him.

    But I suppose the proper answer would be, "That depends upon whether or not it is working for you."

    Based upon the picks you've posted it would seem that it is.
    (Allowing for small sample, of course.)
  • Anything Better than APV or EPS for a Class Rating?
    My question for EPS/APV would be, what dat do you use?
    Lifetime, this year, this surface, this track?
    My own project of finding out what is winning shows that at FL and BEL the BRIS ACL (class) is hitting at 70%+ for the top 3 on dirt, but on turf, it drops to ~55%.
    Tom

    My answer for using the earnings box:
    This year if 6 or more starts.
    Otherwise, last 2 years.

    Logically, anything top 3 will be weaker on turf unless the stat is ONLY turf.
    That is always a problem.
  • Anything Better than APV or EPS for a Class Rating?

    I didn't take it that way at all.

    Besides, you bet for a living and I don't. :clap:

    18 Months ago I would have said that I didn't believe artful handicapping could lead to very many winning players. But now we face a situation where the MOST SUCCESSFUL PLAYERS IN THE WORLD are all purely systematic.

    I'm of the opinion now that it might actually be EASIER for an ARTFUL player to win. At least they are not battling the best players on their turf.
  • Anything Better than APV or EPS for a Class Rating?
    I'm a firm believer in form cycles. In fact when I project a figure for a horse I almost always project improvement or regression from the last effort. Past races, some fairly old, are the basis for my projections. I often give more credit for a race from 4-6 months than I might the last 2-3 races. That's why I'm having trouble agreeing to time decay when it comes to speed and pace ratings.Tony Kofalt

    Tony, I agree on time decay. Many of today's trainers have solid intent first off a long layoff, as evidenced by their high win percentages. And, I, too, am willing to go well back into the running lines to find a race that might correspond to today's race. For instance, turf route lines tell me little about what will happen in today's dirt sprint. In fact, I've come to consider selecting a "pace line" as one of the most important aspects of handicapping. And that certainly is contrary to time decay.RanchWest


    I am saying that STATISTICALLY (i.e. as a metric) time decay produces FAR better results than something like (say) BEST-OF-LAST-2.

    If one is choosing a PACELINE - especially a single running line, that is a different solution to a different problem.

    In that scenario, picking the race that the horse will run today will either be good or bad - based upon the skill of the picker.

    One approach is for a SYSTEMATIC approach, the other ARTFUL.

    I do not see how the two can be compared.

    Do you guys?
  • Anything Better than APV or EPS for a Class Rating?


    2.8 Speed - Relative to Today's Par

    I assume, then, that you missed the 1,300 pages of data tables (race type specific) in the sub folders.
  • Anything Better than APV or EPS for a Class Rating?
    That's true. But horses dropping to their lowest claiming price and horses first time in for a tag have increased chances of winning, as a group. Of course, extreme claiming price drops can raise suspicion. So, I do think claiming prices are generally one means of measuring class.RanchWest

    I think they're better for determining trainer intent, but point taken.
  • Anything Better than APV or EPS for a Class Rating?
    I can't recite the numbers, but studies I have seen suggest that 3 yo's progress through their 3 yo campaign and continue to progress, on average, into their 4 yo and somewhat into their 5 yo years. So, my assertion, or at least my hypothesis, is that a 3 yo who beats older horses has completed an accomplishment that suggests class.

    Another class indicator that comes to my mind is stretch duel wins... the horses that want it more.

    My goal in this thread has not been to establish the class level of a race, but rather to establish the class level of a horse.
    RanchWest

    I completely missed this EXCELLENT response!

    ABSOLUTELY!

    Did you read my book from 2012, Percentages & Probabilities?

    In that book, I did a whole chapter on building STRENGTH RATINGS. They are far better than par times.

    Since working for the Australians for a couple of years, I have refined it even further. Alas, the next step takes CODE.