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  • Strange low % of favorites winning
    Thanks, guys, great stuff. No wonder some people believe that whales might bring racing to an end.

    So, let me get this straight.

    1. Whales win on rebates.
    2. ADW's pay for the signal and win on the percentage of takeout.
    3. Tracks sell the signal and win on the percentage of takeout.

    LOL... there's room for us on this list.
  • Strange low % of favorites winning
    Thanks, Dave

    I've always been curious about that. Unfortunately, not something I would understand. BTW, I'm guessing it's 5:00 AM there. Get a life!!
  • Strange low % of favorites winning
    Hello Dave,

    Thanks for the quick response. Is that algorithmic?
  • Strange low % of favorites winning
    You could argue that the Whale's bets are clearly AI-driven and lack human intervention, such as trips, track bias, angles, and trainer stats. Maybe I should consider taking advantage of that. They win by trying to break even, betting on obvious horses, usually favorites, and subsidizing rebates to make a profit. Unfortunately, a lot of us don't have those resources, and this approach doesn't work for us. They clearly don't handicap races thoroughly and rarely hit a mutual that's considerable. Trying to zig when the whales are zagging is definitely the way to handicap. But this handicapping approach lacks several human elements that I think we should exploit. FYI, Joe Public is just as big as the whales.
  • Sorry stupid question perhaps as working on my software design
    For what it's worth, I started buying products from Dave before computer handicapping became common. I remember my first set of Pars I bought from HSH. It was a pencil-and-paper product that included instructions for making your own speed figures. It was revolutionary at the time, and I had some remarkable success with it. However, it really wouldn't have any impact today. Same as choosing pace lines. The pace module we have does this for us. I really don't know what's under the hood, and I'm not sure I would understand it if I did. The tools are there for us to use. Our interpretation of that data is central to our handicapping skills.
  • Is the 88 really that good?
    One of the top 4 horses in an eight-horse field will win approximately 82% of the time. As is customary Dave being on point once again, the trick is to find value. Get better soon Dave. Take more drugs...! Better life through chemistry.
  • Is the 88 really that good?
    Unfortunately, I'm not necessarily an exacta player. I haven't tracked this, but I've noticed that the 1st and 3rd horses are on the board more often than not. The place horse-less occurring. Let me know if you find any data on this. You might be onto something.
  • Is the 88 really that good?
    I like using it. It's a good starting point for picking contenders.
  • Is the 88 really that good?
    My experience is that the 88% is exceptionally accurate.
  • Is the 88 really that good?
    I believe the 88% metric is a probability for horses that can win the race, not necessarily run second or third for exacta and trifecta wagers. Also, there is an odds factor built in. Just because one of the horses in the group has a probability of 88% to win the race doesn't mean the others will have an 88% chance to run second, third, or fourth. I don't think it works that way.
  • Jimmy P Recovering From Surgery
    Get well soon Jimmy. Thoughts and prayers go out to you.
  • Modeling
    Thanks, Dave

    Catch you on Saturday
  • Modeling
    Hello Dave,

    I watched all the videos. Good stuff! Unfortunately, I couldn't make the meeting.