Beating the Betting 'Whales'
In other words, they churn.
Why indeed? It seems to me that if one is concerned about whales, the solution is simple — wager at tracks with smaller handles. After all, when’s the last time you heard of a professional bettor roaming the grandstands of Retama Park? (Does Retama even have a grandstand?)
(Click on image to enlarge)
Nobody, except those who sell college and pro football “locks of the week,” is right all the time. Making money at the racetrack is not confined to those with the biggest and best computers or the cleverest algorithms. Nearly anybody can make money if they put the time in to acquire the needed skills and dedicate themselves to wagering in a thoughtful and disciplined manner.
Simply put, it doesn’t.
11/17/12 Beulah Park
11/17/12 Churchill Downs
11/17/12 Calder Race Course
As many readers know, I am continuing to do database testing in an attempt to unearth new handicapping methods and angles. Among the more promising ones I've found is an angle that focuses on horses with the best last-race late speed ration (LSR).
Animals that qualify under this particular angle win approximately 33 percent of the time and produce a solid ROI, regardless of price (which can vary greatly).
On Saturday, Nov. 17, five horses qualify:
CD7: 11-King David (4/1 morning line odds)
CRC9: 3-Cat 'N Fiddle (5/1)
CT8: 5-Lucy's Bob Boy (7/5)
HAW3: 5-Snapped (8/1)
HAW8: 2-Hot Damon (7/2)