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Conference noted::equitation

Title:Equine Notes Conference
Notice:Topics List=4, Horses 4Sale/Wanted=150, Equip 4Sale/Wanted=151
Moderator:MTADMS::COBURNIO
Created:Tue Feb 11 1986
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:2080
Total number of notes:22383

1694.0. "computerized handicapping for the horse races" by ACE::DIMMIE () Thu Dec 17 1992 18:23

    For those of you that are horse racing fans. Does anybody out there have 
    a good handicapping programs? I'm look for a good computerized handicapping 
    program. If any one has any suggestions, i'm all eye's and ears...
    
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1694.1Ain't no sure wayINGOT::ROBERTSThu Dec 17 1992 20:0632
    My SO and I figured out a pretty good one a couple of years ago, but it
    took hours of day-before data entry.  I can't remember exactly what we
    ended up doing, but I think it was something like we only bet on
    three-year olds who had had at least three starts in the last year, and
    we looked at performances only for the current track, factored in speed
    figures, and I forget what all else, and then if any of the horses
    running the following day met the criteria, and if they went off at
    odds of better than 3-1, we would bet on them.  We made about a 30%
    profit over a week at Saratoga.  Our system was based on a handicapping
    book by Bauer (I think that's his name).  But the problem is, of
    course, that when you figure out how much per hour you get for all the
    figuring, etc, it's easier to work at DEC!  With parimutuel betting, of
    course, you can't throw huge sums of money on what you think is a sure
    thing without adversely affeceting the odds, and therefore your payoff.
    (And assuming you even HAD huge sums of money!)
    
    But we had a lot of fun...if you call spending every night entering
    data into a spreadsheet (we used a palm-top Atari) fun.  8^)  But
    then some time later we lost the disk on our PC that we had our whole
    "system" outlined on.  And, of course, we had no backups.
    
    Oh, another important part.  Once the computer selected the horses for
    the day, the crucial next step was to watch them in the saddling
    paddock and to decide go/no go on each particular horse.
    
    Of course, then there's a method I've found to be OK, but not as
    reliable.  Bet the morning line favorite to show if he goes off at 2-1
    or better.  And DO NOT BET ON ANYTHING ELSE.  When I do this, I usually
    end up at least breaking even.
    
    Good luck
    -ellie