• Dave Schwartz
    364
    Playing Against Low Odds Horses
    The real key to winning - IMHO - is to begin by determining if there is a BET AGAINST *FAVORITE in the race.

    I'm back to winning - just in the past few days.

    *When I say "favorite," I do not mean the post time tote favorite. My definition of a favorite is any horse that is projected to go off at below 3/1.

    When I say, "Projected," I mean using what I call the "aML." That stands for Artificial Morning Line.

    The low odds horses I don't play are not doing as badly as they have for me historically, but the process is much simpler now.

    Historically, those horses have lost big money. The $net on such horses was $0.89 for like 8 years.

    In my most recent play, I played 57 races. The low-odds horses -- those that actually went off at below 3/1... looked like this:


    ALL UNDER 3/1  (57 races)
    _____________________________
      Odds   Starts     Wins    Pct      $Net
      1.39       34       16   47.1%    $1.66
     <3.00       64       19   29.7%    $1.87
    
     Total       98       35   35.7%    $1.80
    
    
    UNDER 3/1 and NOT BET
    _____________________________
      Odds   Starts     Wins    Pct      $Net
      1.39       24        8   33.3%    $1.25
      3.49       47       10   21.3%    $1.37
    
     Total       71       18   25.4%    $1.33
     
    
    UNDER 3/1 and BET
    _____________________________
      Odds   Starts     Wins    Pct      $Net
      1.39       10        8   80.0%    $2.64
      3.49       17        9   52.9%    $3.26
    
     Total       27       17   63.0%    $3.03
    

    Special note: In this sample of live races, I did NOT mark the actual PLAY AGAINST horses. (Wish I had.)
  • RanchWest
    503
    Is there anything you can share about your bet/not bet decision process?
  • Dave Schwartz
    364
    Is there anything you can share about your bet/not bet decision process?RanchWest

    Not willing at this time.
    I will likely turn it into a workshop for my HSH guys.

    It's like 90 seconds in HSH and 15 minutes with paper & pencil.
  • Conley
    424
    It's like 90 seconds in HSH and 15 minutes with paper & pencil.Dave Schwartz

    Technology gotta love it, Dave!
  • Rich Val
    7
    Playing Against Low Odds Horses
    The real key to winning - IMHO - is to begin by determining if there is a BET AGAINST *FAVORITE in the race.
    Dave Schwartz

    How do you determine if a horse is BET AGAINST?
  • Dave Schwartz
    364
    How do you determine if a horse is BET AGAINST?Rich Val

    WOW!
    You're actually here!
    Great to hear from you!

    Folks, this is the guy who taught me the 7 Days in Utopia approach!

    ANSWER: Not quite ready to go public with that, but I will DM you.
  • JRand
    6
    I'd like to get on that list as well.

    Can I message you, @Dave Schwartz?
  • Dave Schwartz
    364
    I'd like to get on that list as well.JRand

    Sorry, but no.

    Read this thread and you will understand.
  • JRand
    6
    OK, thanks.
  • Dave Schwartz
    364
    @JRand,
    You CAN message me, of course.

    But you CAN'T get the answer in return. :grin:
  • Dave Schwartz
    364
    I would prefer you didn't publish results that cannot be validated (especially for a small sample). Otherwise, it's just like the babble on Fox or the after the fact analysts on CNBC. I won't even mention the other fake news network. Sorry!Biniak

    You can prefer what ever you want, but I doubt you will ever get your preferences fulfilled.

    If all the conversation on a forum is only for VALIDATED RESULTS then the bar is just too high and there will be zero new ideas put forth.

    If I publish anything, it would be based upon SOME STUDY, but it can never be enough to call it rigorous, otherwise, the cost will be so high as to be unaffordable.
  • Tony Kofalt
    397


    Wow Dave- you achieved a $net of $.89 on these favs. To me that is amazing!! Great job
  • Dave Schwartz
    364
    Wow Dave- you achieved a $net of $.89 on these favs. To me that is amazing!! Great jobTony Kofalt

    That changed last year.

    A lot changed in 2021.

    BTW, the changes can be very abrupt.
    They're driven by the fact that the whales retool every year and bring out their new stuff in January.
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