Love hearing this.
So much so that I'm going to share the most important piece to the puzzle right now.
LEVERAGE POINTS
This is almost the last step in the process. It comes just before you make your bets in the race.
At this point your handicapping is finished. You've decided who the horses are to be bet.
I'm going to go through a few examples from Aug 3. These are consecutive races, and we'll just see what comes up. I'm only going to say a little about HOW I got to this point because that's for another topic.
BTP01
This race I have #3, who projects to be about 1/2.
He is a single for me. Before you check out of this thread and say, "Oh, all he does is bet favorites," remember this is about how I figure out my leverage points after I've chosen my contenders & win bet(s).
In this first case, I will show you some obvious things.
Above is the Artificial Morning Line Object - aML. Of the 6 factors used to predict the odds, this guy has five 1sts and one 2nd. He is simply much the best.
In terms of Early Running Style (ESx), he is not only ranked #1 but figures to dominate.
In terms of the pace model, the E Running style is the most powerful by far, with a 151 to 45 index value. IOW, the model is all early.
The 3 factors chosen to best fit the model are:
F1 - Avg of Last 2
EP - Best Ever
EP - Best 2 Ever
Based upon the percents, she figures to dominate, just as she did in the ESx.
If I showed you the actual model, which contained 15 races, 10 of the winners were within 1 length at the 1st call.
In terms of PSR (Projected Speed Rating), where horses within 1 point of 3rd when over 80% of all races, and a 6-point margin is considered almost insurmountable, our girl has a 7-point edge.
This is why she is a single.
But what's the leverage point?
Well, clearly it is #3 to win, but is there more?
What about exactas?
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Hello? I can hear you saying, "Well, I'd pass the race," but that's only because you have no confidence in your ability to tell the difference between a profitable low-odds horse and a BALO ("Bet Against Low Odds" horse).
If you follow the advice offered by Ranch &
@Jack Price you'd know how this kind of bet works out. And, if it proves out for you, then instead of playing beat the favorite and losing $30 you win.
My numbers tell me that such horses as this return me about $2.12 for every $2 bet, with average odds of around 1/2 or maybe a little less. If you're a believer in Kelly, then optimum bet would be a whopping 12% of bankroll.
WHAT ABOUT THE EXOTICS?
The
Fabric of the Handicapping is very strong in this race. Any horse that should be in this exacta with him will have to be a strong horse as well.
The challenge in this race is that there are only 2 horses projected to be under 7/2. If we had 3 such horses, then we could play an exacta.
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Races with 3 horses under 7/2 return 38% more money when 2 of them come in, but you must have either a key or a BALO.
We have a key, but no BALO, so no exacta.
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As a general rule, without an exacta play and no BALO, there is really no point in a trifecta or super.
I will happily take my tiny profit vs a loss with my wire-to-wire win.
A $3.20 exacta is just not generally going to produce profit.
Neither is a $9.40 trifecta.
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LESSON 1: NOT ALL RACES HAVE A LEVERAGE POINT BEYOND A WIN BET.
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More tomorrow.