How to bet "The Neal" Thanks, guys. The strategy as outlined by ponyplayer accurately captures the spirit and essence of the strategy. A couple of quick fine points:
1. Although a BALO is highly preferred, it is not absolutely necessary. Depending on the other factors (tote, rank and margin, and grade) I will consider eliminating a 1 1 horse with a grade of F or D-.
2. I will also (again, depending on the factors cited above) sometimes consider betting an A- horse that is betting.
After a while you will get a feel for these and other fine points.
Hope this helps and feel free to ask any questions.