On Saturday, June 7, 2014 at 6:55 PM Eastern Time,
California Chrome stood at the cusp of greatness — 1 ½ miles away from Triple
Crown glory. Two and a half minutes later, he was just another in a long line
of horses to fail in the Belmont Stakes after triumphing in both the Kentucky
Derby and the Preakness.
2014 Belmont Stakes
And, according to California Chrome’s co-owner Steve
Coburn, the Belmont result was a travesty.
“This is his third very big race,” Coburn said of
California Chrome immediately after the Test of Champions. “These other horses they always
sit ‘em out. They sit ‘em out and try to upset the apple cart.
“I'm 61 years old and I’ll never see in my lifetime … another
Triple Crown winner because the way they do this. It's not fair to these horses
that have been in the game since day one. I look at it this way: if you can’t
make enough points to get into the Kentucky Derby, you can’t run in the other
two races.
“… It's all or nothing,” Coburn went on. “It's all or
nothing. Because this is not fair to these horses that have been running their
guts out for these people and for the people that believe in them… this is a
coward's way out in my opinion. This is a coward's way out.”
Coburn has since apologized for his post-race tirade… and
for a subsequent tirade on the “Today” show the following morning. Sadly, however,
the substance of his comments appear to be drawing quite a bit of consideration
from racing fans and non-fans alike — apparently, nothing creates a consensus
quite like whining and moaning about the “unfairness” of it all.
So, I’m writing today to set the record straight: the
Triple Crown is not an event, it is an accomplishment.
Consider: When Sir Barton won the Kentucky Derby,
Preakness and Belmont Stakes in 1919, it wasn’t even called the Triple Crown. That term wasn’t widely used — in American
racing, at least — until Charles Hatton of the Daily
Racing Form popularized it in the 1930s.
What’s more, when Gallant Fox captured the Crown in 1930,
the Preakness preceded the Derby and, for many years, all three races were separated
by less than 30 days (versus the five weeks of today). How cowardly were the
“fresh” horses in those years?
The fact is “winning” the American Racing Triple Crown is
no different than “winning” the Triple Crown in Major League Baseball (bestowed
upon the player with the highest batting average, most home runs and most runs
batted in during the season). It is no different than “winning” the Grand Slam
of tennis (Australian Open, French Open,
Wimbledon and US Open), which, by the way, has been accomplished exactly three
times in men’s singles since 1938 — twice by the same guy (Rod Laver).
OK, Derek, I hear some of you protesting, but you’re
missing the point: horse racing has changed. Thoroughbreds are being bred for
speed these days and simply aren’t as durable as in year’s past.
Alright, then what are the English breeding for, sluggishness?
Because there hasn’t been an English Triple Crown (2,000 Guineas, Epsom Derby
and St. Leger Stakes) winner since Nijinsky in 1970 — and he was the first English Triple champ since Bahram in 1935.
Dennis Rodman
Furthermore, all
sports change. In a previous
column, I noted that of the 50 Major League Baseball pitchers with the most
career complete games, only five were born after 1900. Among the NBA rebounding
leaders who maintained a career average of more than 13 caroms per game, only
Dennis Rodman played post-1983. (As an interesting side note, Rodman also averaged
2.7 different shades of hair and lipstick per game during his career as well.)
Likewise, among the 30 NFL receivers to average 18+ yards
per reception during their careers, only Flipper Anderson played predominantly
in the 1990s or later.
I won’t get into the reasons for this as they’re not
germane to this discussion, but trust me when I say we will see the 12th Triple Crown winner before we will witness the 29th .400 hitter in Major
League Baseball.
The Kentucky Derby, Preakness and Belmont Stakes are independent events, all boasting a purse
of $1 million or more and all worth winning on their own merit. The list of
Preakness and/or Belmont winners that didn’t capture the Triple Crown is
legendary: Colin, Man o’ War, Native Dancer, Bold Ruler, Northern Dancer,
Damascus, Needles, Nashua, Conquistador Cielo, Spectacular Bid and Sunday
Silence… just to name a few.
Rather than tinker with the Triple Crown format to get
more champions, which would represent the ultimate sports asterisk, let’s just salute
those great horses that accomplished it… and appreciate those who tried and
failed.
Derek Simon and Ed DeRosa chat about California Chrome’s
Triple Crown run and assess his chances in the “Test of Champions.” In the U. of Bet segment, Dave Schwartz continues his discussion on Howard “Doc”
Sartin and the Sartin Methodology, including Tom Brohamer’s important contribution
to it.
Lastly, in the Handicapping segment, Derek expounds upon
Brohamer’s work and relates it to the Belmont Stakes.
Ever
since California Chrome won the Kentucky Derby in a time rivalled by wooden horses
on a merry-go-round, the dissenters have been out in force.
Racing
fans and pundits alike have been quick to label California Chrome as “overrated”
or “the best of a bad lot.” Hence, it should come as no surprise that nine
rivals have lined up to challenge the Derby champ in the Preakness Stakes,
including seven who did not compete in Louisville.
Now,
I’m no chalk-eating weasel and I applaud those who perpetually look for
legitimate knocks against short-priced favorites — in any race. But I must
admit to rolling my eyes a bit when folks claim that they are “looking for
value” by eschewing the Derby winner.
Value
is not determined solely by price.
One
makes a profit at the races by betting on propositions that offer odds over and
above their “real,” or actual, odds — period. If a horse has a 90 percent
chance of visiting the winner’s circle, a win bet at 2-5 odds is a great wager.
Conversely, an exacta that stands to pay $100 for a buck is a horrible bet if the
combination is likely to connect fewer times than Donald Sterling at an NBA
meet-and-greet.
The
fact of the matter is the Derby runners (and California Chrome in particular) are
holding all the aces when it comes to Saturday’s Preakness Stakes.
In
the past 50 years, horses that did not
compete in the Run for the Roses are just 7-for-242 (2.9 percent) at Pimlico. Horses
that did compete in the most exciting
two minutes in sports have won 43 times (16.6 percent) during that span.
And
it gets even worse if the “new shooter” did not win its last race, as only Bee
Bee Bee (1972) and Red Bullet (2000) managed to capture the Preakness after failing
to get the job done in their previous start. Worse, just nine percent of these
horses have even hit the board in Baltimore.
(Click on
image to enlarge)
Which
brings me to Social Inclusion, everybody’s upset special in this year’s Run for the Black-Eyed Susans.
Simply
put, I think Social Inclusion may be the worst “value” play in the history of organized
horse racing.
Look, I
get it: next to California Chrome (the Derby notwithstanding), the son of
Pioneerof the Nile has the best overall speed figures in the field. But to
understand why I think Social Inclusion is such a terrible bet in the Preakness
Stakes, we have to dig deeper:
(Click on
image to enlarge)
This
is a horse that has never been headed early and, according to his connections,
he’ll be on the engine again in Maryland… yet he’s not very quick. His early
speed rations (ESRs) rank fourth in the Preakness field — behind California
Chrome, Pablo Del Monte and Ring Weekend. And the only time he met today’s late speed (LSR) par was when he set a
dawdling pace (0 ESR) in an allowance win at the notoriously speed-favoring
Gulfstream Park.
2013
WIRE-TO-WIRE RATES (main track)
Aqueduct
(AQU): 26 percent at 1-1/8 miles (23 races).
Gulfstream
Park (GP): 27 percent at 1-1/16 miles (97 races).
Pimlico
(PIM): 20 percent in all routes (100 races).
Then
there’s that stat I shared before: Non-Derby starters who didn’t win their last
start are just two-for-144 in the Preakness over the past 50 years. And 5-1 (according
to the morning line) is value on Social Inclusion? Value? (Picture Jim Mora asking the
question to get the full effect of what I’m saying here.)
If
you’re seeking “new shooters” that have a chance at a good price, look at
Dynamic Impact, Bayern or — one I really like — Kid Cruz. And, of course, don’t
forget about the other Derby starters: General A Rod and Ride On Curlin.
History
has shown that they’re the ones that typically offer the real value.
My
Plays:
EXACTA
BOX 1,2,3,5,7,10.
TRIFECTA
3 with 2,7,10 with 1,2,5,7,10.
To get my Win Factor and Pace Profile Reports for ALL of Saturday's races at Pimlico, click HERE.
Host Derek Simon and Ed DeRosa
of Brisnet.com discuss the Kentucky Derby
and look forward to the Preakness Stakes, a race in which Ed is betting against
the favorite (he explains why).
In the U. of Bet segment, Dave
“The Horse Handicapping
Authority” Schwartz drops by to share his memories of Howard “Doc” Sartin
and the methodology that Doc gave birth to.
Lastly, in the Handicapping
segment, Derek gives his thoughts on the “Battle in Baltimore” (otherwise known
as the Preakness Stakes).
Welcome to the TwinSpires Blog. Our contributors will be continually updating posts to offer commentary, insight, advice and expert opinions on horse racing and wagering. The goal is to help you win more and become a better all around horse player.
TwinSpires' horse racing author, handicapper, and podcast host, Derek Simon of Denver, Colo. offers his insightful, humorous and sometimes controversial take on the horse racing industry. He even publishes the ROI on the picks he gives out.
TwinSpires' harness racing expert, Frank Cotolo follows all of the big North
American circuits throughout the year, providing the best value picks and
latest news from the sulky.
The Director of Marketing for Bloodstock Research Information Services (BRIS) and a lifelong Thoroughbred racing enthusiast and astute handicapper, Ed joined Churchill Downs Inc. following nine years as a writer and editor with Thoroughbred Times.
A writer and editor who has been following horse racing for fifteen years. Peter has written books for the Daily Racing Form Press; Crown; and Simon and Schuster; among other publishers, and regular features in The Horseplayer Magazine.