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Originally Posted by BklynGrinder
While not completly worthless, I tend to throw out speed figures and times. My cousin handicaps also, and he goes crazy with times of races, " he'll be like omg this horse ran 6f in 1:07, etc....". I just think that each race is an entity unto itself, and jus bc a horse ran a certain time another day doesnt really mean hes going to run back to it. Theres jus soooo many factors that play into it, track condition, the weather that day, whether a trainer really wanted to push a horse.
So when i bet i dont go crazy pouring through the racing form, i look for value, try to identify bad favorites, and i bet trying to get " lucky" rather than pick a horse to win, For example if i dont like a particular horse,I'll try to beat him by using the other horses in pk3's or doubles, and hope to catch a nice price. Just wanted your guys opinions on which style of handicapping you think is better--
Good post. On one hand, I agree that race, trainer and horse-specific factors make it very difficult to assess whether or not a horse is capable of repeating or improving upon past performances.
1- Broad dissemination and acceptance of Beyer speed figures, while a breakthrough when conceived and held privately throughout the 1970's and 80's, have mostly removed value from horses that were demonstratively faster then others that raced on different tracks, days, and under different conditions.
On the other hand, the publication of trip, wind and variant adjusted speed figures (notably in Ragozin figures, then evolved into Thoro-graph figures) have highlighted even finer distinctions between the fastest and fittest horses. Additionally, there are noticeable patterns in thoroughbred efforts that have provided me with insight into opportunities for value because they remain mostly hidden from "public" money. Personally, I'm glad pattern/cycle/form handicapping is an art that remains mostly hidden from public view because I can identify vulnerable favorites who are statistically more likely to "throw a clunker" and profit from it.
2- Trainer's intentions... ugh. Whether it's a prep race, a drop-down horse with soundness issues vs. a trainer/owner looking for a score or doping issues, it is nearly impossible to read between the lines. Even published trainer/owner comments are difficult to read into.
Here is a perfect example of this. For me, I steer clear of MSW, MCL, and CL races (especially for lower tier tracks/purses), because these races are loaded with wild cards. I find the most consistency in trainers/horses who race for the highest purses at the main tracks in allowance and stake races. Also, in the latter, I remain confident that trainers are looking to prime their best stock for their best performances in 75k+ races. Additionally, we gain the added beneift of having the most "dead" money in the pools where there are inflated odds of our live horses b/c more casual handicappers are looking to beat the game.
3- I agree that pick three's and doubles can offer considerable value when "tossing chalk." Coupled with exactas, triples and superfectas, this is my most profitable angle. There's usually a story to horses with x-to-5 odds, and when the story is incongruent with the odds being offered, I place my largest and widest wagers in these pools to capitalize on it.
To you, what constitutes a "bad favorite?"