Saturday, April 6, 2013

Software, Predictability And The Unforeseen

Software, Predictability And The Unforeseen

From my experiences with quite a few software products and over the course of 58 years playing and watching the races, I have concluded that using these software products will lead the majority of us to the "chalk" or favorite selections. It will not see the subtle trainer moves or identify certain angles which point to an improving horse.
Most of us know that favorites will win between 30 - 33% of the races. It is my opinion that the playing of the chalk and favorite selections will show a negative ROI in the long term or not enough of a profit to cover the expense and cost of the software and data files. Evidently, there are some of us that have the need to hedge, dutch and select upwards of 3 to 4 horses in a race to show profitability. The small yield per race will eventually be overcome by some protacted losing streaks. If there are a few winners I would speculate that the profits derived would not warrant the time and effort spent.

I was taught many years ago that in order to beat the game you need to have an "edge". I find that this "edge" will best be achieved betting one win selection in any given race and by betting against the first and second favorites and /or at  minimum odds of 3-1 or greater. Exactas and the exotics are not an option for me. You have to look for reasons why the figure horse or horses cannot win.

No comments: