The Science of Betting
“The more bet collectively on a set of winners the lower the return; the less, the higher. How often horses of either set win is beside the point,” he explained.
“Yes, takeout is not currently tied to field size. It should be. But racing does work that way — field size overcomes take at a certain point. You admit that (I didn’t and don’t). You just don't believe it, I guess.”
1) I want to show that the races can be and are beaten — in a myriad of ways. Frankly, although I certainly want to beat Kyle in our little head-to-head showdown, I also want him to show a nice profit — using techniques that are surely different from my own.
2) It is my hope that this demonstration will help generate more interest and understanding of the wagering side of the game. Toward that end, I will periodically list some of my proposed plays. I won’t be doing this all the time, mind you — because I am betting real money, I want/need to concentrate on what I’m doing and not be sidetracked by social media stuff — but I’ll shoot for a post or two a week. (Kyle, on the other hand, doesn’t have my time management issues and has graciously allowed me to post his plays on my Facebook page.)
Below are my plays for Thursday, Aug. 30 (ignore races carded for turf that come off the green):
Check back for other plays this weekend.