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Dahlonega337
01-20-2009, 11:41 AM
Hey,

Having a tough time locating programs or software relating to DrZ method
of handicapping Place & show, using At the Races Pro, but the program does not calculate bet amounts.

Regards,

Dahlonega337

JCB
01-20-2009, 12:51 PM
Dr Z doesn't work anymore. Pools are too small, too much simulcast money is hidden until the race is off.

Dahlonega337
01-20-2009, 12:58 PM
wow, are you mistaken, works great for me, I'm just looking for a program 0r software that works while wagering on multiple tracks.

Regards,

Dahlonega337

lefthandlow
01-20-2009, 02:43 PM
john swetye

he's the guy for dr Z he's on the board

a good guy btw

acorn54
01-20-2009, 10:32 PM
[QUOTE=Dahlonega337]Hey,

Having a tough time locating programs or software relating to DrZ method
of handicapping Place & show, using At the Races Pro, but the program does not calculate bet amounts.


you might try this site one of their programs involves dr z place and show calculations

http://sports-bet-advantage.com/

PaceAdvantage
01-21-2009, 01:28 AM
I wrote some software that automatically tracks DR Z bets and automatically bets them as well....for all tracks running....(did I say it was automatic?)

But like a prior poster said, I ran into some serious issues regarding late money etc .etc....the issues were so serious, I put it on the shelf....

I'd be very curious to hear how Dahlonega337 works around this obvious issue.

highnote
01-21-2009, 06:14 PM
john swetye

he's the guy for dr Z he's on the board

a good guy btw


Thanks, leftandlow!!!!

I stopped selling the drz software temporarily for a couple of reasons.

1. For a time BRIS stopped carrying tote data for too many important tracks. The industry doesn't get it -- when they stop providing data, people quit betting.

Fortunately, that issue seems to be resolved and BRIS now has most tracks again.

2. I'm just too damn busy. Too many people were buying the software who didn't even understand how to operate the Windows operating system. I'm not in the business of teaching Windows functionality. I'd spend an hour on the phone trying to explain to some guy in Poughkeepsie how to create directories and drag and drop files. So my customer service costs were too high compared to the revenue the software generated.

3. If too many people use the same system the system will no longer work. Unfortunately, that is a fact of life with pari-mutuel wagering.

4. People who use the Dr. Z system and also get rebates make it hard for the small player who is playing the system without rebates to win. This is related to factor 3.

That said, I have been using the system since the early 1990s and have never lost money over the course of the season betting place and show with the system. I don't know why it works for me and not for others. Of course, that doesn't mean I always come out ahead on all of my wagering combined -- exotics and straight pools :D But Dr. Z for place and show has always subsidized my exotic betting and one of these days I will hit that monster pick 6!

I follow the rules of the system. The mathematics are sound. If a horse has 20% of the win pool and only 15% of the show pool and the horse is paying more to show than it should based on it's win probability, then over a large number of races you will likely come out ahead. That's been my experience.

The Dr. Z system uses the Harville Formulas which are known to have some biases, but by and large, the bias is not large and if you want, you can adjust for it, if you want to take the time to figure out the proper adjustments.

My experience has been that the system can have some seasonality. I don't know why. Some tracks always work better in the winter than in the summer. And vice versa. I had a great year the last year of Del Mar dirt racing. And then an awful year during the first all-weather meeting. The public's win estimates must not have been as good during the first year of poly.

I've never had any luck at Northfield Park, but do well at other harness tracks. Why is Northfield so difficult? I've never taken the time to analyze the Dr. Z system at Northfield -- I just scaled back my betting there. Some harness tracks produce excellent profits year in and year out.

I've spent a lot of time gathering and tracking my betting information so I'm not going to give away the keys to my profit machine. It's like anything else, you have to put in the time. It is harder today than in the past for the above mentioned reasons. But there are still profits to be made.

One last reason some people don't like it is because they think betting place or show is not exciting -- not macho enough maybe? My response to that sentiment is that if you don't find place and show betting exciting maybe it's because you're not betting enough. If you're getting $4.00 to show on a horse that should be paying $2.60 ( a huge overlay with a high strike rate) then try betting $500 instead of $5. That will give you something to be excited about. :D

One last thing, if you add your own handicapping to the Dr. Z system the results are even better. But Dr. Z will be the first to admit that you probably can not make a living betting his system.

One more last thing... I've never had a problem with late money. Overall, the late money effects evens out. Sometimes your bet will lose it's expectations -- but this happened to me pre-internet, too. And sometimes your bets will have improved expectations.

I've done studies of late odds changes and never found the one minute to posts to be significantly different over a large sample than the final odds. Remember, everyone is betting under the same time constraints and without seeing all the late money.

ryesteve
01-21-2009, 10:50 PM
I've never had a problem with late money. Overall, the late money effects evens out.Do you play NYRA? My experience has been that anything light in the show pool will always get pounded in the final minute.

highnote
01-21-2009, 11:02 PM
Do you play NYRA? My experience has been that anything light in the show pool will always get pounded in the final minute.

I rarely play NYRA anymore, but when I did I noticed similar patterns.

I started out with the DR. Z system betting Yonkers. I won consistenly. Then I wanted to bet more thoroughbred racing and at the time NYRA was the best game in town.

I remember going out to Belmont one Wednesday afternoon in May and I couldn't believe how stingy the place and show pools were. I found far fewer good Dr. Z bets at NYRA than at the harness races. But this was 15 years ago. I doubt much has changed on those typical Wednesday afternoons at Belmont and Aqueduct.

This is where the player has to do his research and find the good tracks.

That said, when I was betting seriously at NYRA place and show always produced consistent profits. I struggled with making a profit at win betting.

But I probably bet too many races to win. I seem to recall that I only bet place and show when the horse that I liked for win was a DR. Z bet for place or show.