Racing Condition: The
Last Races Isn't Everything
Racing Condition and Favorites
Here's an outline of procedures that should be followed by
handicapper in evaluating the present form or racing condition
of a horse.
Racing condition or form is one thing, class or quality is
another. The two concepts should be kept separate in
handicappers thinking.
There are two main clues present for handicapper to use when he
is endeavoring to estimate the present race condition of a
horse.
One is his actual record in the recent past, within a week or
two or even three. The other is the way he has been working out
in the morning.
Of these two the record in actual racing is the more reliable
index, but morning training, the times and the way they were
accomplished, also have value.
Avoid The Chalk
Recent form is typically how the favorite is selected in most
races. If you look at the past performance of the typical
favorite he either won or finished very close in his last
race.
As each short priced apparently "lock" horse goes to the post
he may seem a cinch, backed by the expert opinion in all public
money, but over the course of a hundred or thousand such
choices enough of them will lose to consume more the profit
than if your bets to win at the short prices paid by
favorites.
A great part of really sound handicapping seems to be
jettisoned by selectors and public alike in figuring races
day-to-day, to the exclusion of everything except the apparent
present form.
To do this is to estimate a horse only in terms of his last
race, stead of enough races to give a line on his real quality.
The practice is unsound from the angle of price, and also
unsound handicapping.
It is very easy to develop handicapping ability to a point that
the player in the average race can detect the probable
favorite, the horse also endorsed by the tipsters, and players,
because he looks best on a superficial scrutiny.
To many players stop at this point, mislead themselves into
thinking they're good because they so often an agreement with
the experts, and keep on losing money on public choices until
their broke or quit.
A successful player has developed his handicapping ability
until he has enough confidence in his judgment to pick his own
horses and back his own selections with money, particularly
when he disagrees with the tipsters and public alike, for that
is when he knows is going to get a fair or good price the price
that will show a profit over prolonged series of aspects.
The handicapper who merely pretends to pick his own horses,
refusing to play what he likes unless most of the tipsters and
the public are in agreement, is licked before the starts,
whether he knows it or not. He might as well back favorites at
random or follow any single tipster or consensus, and lose
money.
Over emphasizing present form handicapping will put the
handicapper on short priced horses that will show loss over a
period of time. If a short price favorite really does figure to
win, really does figure best, pass the race, because prices of
the sort never will pull you in the out long run.
But if the public choice does not look the best with an
individual player who knows he can handicap, then let him
refuse to be influenced by others and back his own judgment
with his own money.
The only question is the accuracy of his own judgment, at least
he knows price will be right and that he's taking in advantage
of the overlay if his opinion is right.
|