Insider Overlay Underlays
POSTED Jun 28, 2012
By
Derek Simon
Although I
often talk… and talk… and talk some more about the importance of overlays to
one’s betting bottom line, there are instances when underlays — or at least perceived underlays — can be excellent
wagers. Take, for example, the 10th race at Los Alamitos on Sunday,
July 18, 2010.
Among the
entrants in that $10,000 maiden claiming event for quarter horses going 300
yards, was Ar Firestorm, a two-year-old gelding that had finished dead last,
beaten 4 ¾ lengths (the equivalent of about 21 lengths at six furlongs), in his
only start. Yet, despite being dismissed at 8-1 on the morning line, Ar
Firestorm was heavily supported throughout the wagering, dipping to 3-1 in the
final minutes before a rash of late money on the favorite drove his odds up to
9-2 by the time the gates sprung.
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Copyrighted ©2010 by
Daily Racing Form, LLC and Equibase Co.
Reprinted with
permission of the copyright owner.
(Click on image to enlarge) |
Now, years
ago, handicapping author and professional gambler Barry Meadow thoroughly
debunked the notion of “smart” money — at least as it relates to horses that
are bet below their morning line odds. However, even Meadow left the door open
for what he termed “mystery money,” or horses “getting hammered for no
discernible reason,” which certainly appeared to be the case with Ar Firestorm.
True, the
gelding was dropping from a straight maiden affair to a maiden claiming event,
arguably the biggest and most meaningful class drop in all of racing, but
outside of that, there wasn’t much to like about the son of Red Fire, was
there?
Well, on the surface, no, but remember: beauty is only skin deep. If one
had taken the time to look beyond the obvious, three things about
Ar Firestorm practically leapt off the pages of the past performances:
1) He was reasonably well backed (9-1) in
his career debut, despite the fact that he faced superior
competition that day.
2) Eduardo Nicasio was tabbed to ride the
youngster. Prior to July 18, 2010, Nicasio had won with four of his five
previous mounts for trainer Hector Hernandez. As Adam Sandler might say, “not
too shabby.”
3) Hernandez was wheeling Ar Firestorm
back to the races in just seven days (see above) — a clear indication that he
felt the gelding was fit and ready to fire his best shot.
So, as much
as I beat the drum for overlay betting, I must admit, in cases like this, I
love to see the horse I’m considering get some respect at the windows, as it
suggests that the connections or other “insiders” are putting their money where
their mouths are.
Needless to
say, despite breaking slowly for the second time in a row, Ar Firestorm closed
with a rush and won impressively, returning $11.40.
Big Races on the Prairie
A trio of
Grade III stakes races highlights a fantastic card at Prairie Meadows on
Saturday. Here’s a look at each one:
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COMMENTS: Traditionally,
Prairie Meadows has been kind to early runners and, in this event, the quickest
of the quick appears to be TAPAJO, who is coming off a win in the Panthers
Stakes. In that race, Tapajo rated on a brisk pace (-10 early speed ration) and
pulled away late to score by 6 ¼ lengths and earn a 92 Brisnet speed figure
(today’s par is 97). Her latest work — a slow :51-1/5 for four furlongs — is a
bit troubling, but the daughter of Tapit looks like the one to catch if ready.
Although ICE CREAM SILENCE beat just two rivals in her latest,
including LIVI MAKENZIE who is also in this field, she did it with authority,
earning an 89 BSF and -3 late speed ration.
UPTOWN BERTIE
ran great in her latest and would be a huge threat if she can duplicate that
effort.
BET(S): WIN on 3-Tapajo at odds of 5-2 or
greater.
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(Click on image to enlarge)
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COMMENTS: Not
surprisingly, HANSEN looks dominant in this spot. To begin with, he is the only
Grade I winner in the field and he exits
the Kentucky Derby, an event that earned a 13.3 Key
Race Rating (the Prairie Meadows Mile, which featured both ALSVID and
TRUETAP, has the next-highest KRR at 5.3). What’s more, Hansen figures to
dictate the pace.
Frankly, the
only betting option in this race is the aforementioned Alsvid, who I would
suggest playing to place — just in case there is a negative place pool (likely;
there is no show betting) and Hansen finishes out of the top two (unlikely).
BET(S): PLACE on 2-Alsvid.
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(Click on image to enlarge)
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COMMENTS: Trainer
Charles Lopresti has said that he thinks SUCCESSFUL DAN is better than his other
stable star, Wise Dan (winner of the Ben Ali and a close second in the Stephen
Foster), and, according to my pace figures and the Brisnet speed figures,
Lopresti may be right. That said, I’m intrigued by SHADOWBDANCING, who has won
five of 11 starts at Prairie Meadows.
BET(S): WIN on 2-Shadowbdancing at odds of 8-1
or greater.
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(Click on image to enlarge)
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(Click on image to enlarge)
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Derek
Simon’s Free Selection Statistics
Races (Selections):
32 (33)
Wins: 8
Rate: 25.0%
Return: $39.90
ROI: -39.55%
(This year's
published selections through 6/28/2012)
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