| upthecreek |
02-03-2023 08:24 AM |
Horse Players have high IQ's
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| Robert Fischer |
02-03-2023 11:28 AM |
Quote:
Originally Posted by upthecreek
(Post 2856262)
|
2 high IQ approaches ( that i know of offhand )
1. Likes to relax in the evening and treat a big upcoming race as a 'puzzle'. Maybe does one or two things like watch some replays or favorite method (30min-hrmax).
Enjoys the mental stimulation, places inconsequential wager day of race, pleased w/ experience win/lose/draw.
2. Serious approach, knows the craft. |
| thaskalos |
02-04-2023 06:43 PM |
I wonder why these high IQ horseplayers are avoiding the betting establishments that I frequent...
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| Franco Santiago |
02-04-2023 07:15 PM |
Quote:
Originally Posted by thaskalos
(Post 2856537)
I wonder why these high IQ horseplayers are avoiding the betting establishments that I frequent...
|
Good one, Thaskalos.
They are probably wondering the same thing. |
| Dave Schwartz |
02-04-2023 07:22 PM |
Quote:
Originally Posted by thaskalos
(Post 2856537)
I wonder why these high IQ horseplayers are avoiding the betting establishments that I frequent...
|
Because we all play from home????
:lol: |
| ReplayRandall |
02-04-2023 11:39 PM |
Quote:
Originally Posted by thaskalos
(Post 2856537)
I wonder why these high IQ horseplayers are avoiding the betting establishments that I frequent...
|
For the same reason that you avoid your bookie....:cool: |
| Tape Reader |
02-05-2023 09:49 AM |
Quote:
Originally Posted by ReplayRandall
(Post 2856558)
For the same reason that you avoid your bookie....:cool:
|
Happy to see you back, ReplayRandall! |
| thaskalos |
02-05-2023 03:41 PM |
Quote:
Originally Posted by ReplayRandall
(Post 2856558)
For the same reason that you avoid your bookie....:cool:
|
My bookie and I have a great relationship. He sends me get-well cards on a regular basis. 🙂 |
| rrpic6 |
02-09-2023 04:06 PM |
I'd like to see a study taken if having a Lobotomy can cure losing 70-80% of photo finishes, inquiries and objections. Might be worth the risk.
RR
|
| castaway01 |
02-09-2023 04:41 PM |
Quote:
Originally Posted by rrpic6
(Post 2857351)
I'd like to see a study taken if having a Lobotomy can cure losing 70-80% of photo finishes, inquiries and objections. Might be worth the risk.
RR
|
The lobotomy doesn't cure you from losing them, but it does cure you from remembering them... |
| Jeff P |
02-09-2023 08:12 PM |
Quote:
Originally Posted by ReplayRandall
(Post 2856558)
For the same reason that you avoid your bookie....:cool:
|
Hey! Good to see you back.
-jp
. |
| 46zilzal |
02-10-2023 01:22 PM |
NOT in the traditional way.
I know of several people who would surprise the heck out of the rest of us who do well continually...THEY ARE IN THE MINORITY
|
| mountainman |
02-16-2023 01:58 PM |
Quote:
Originally Posted by rrpic6
(Post 2857351)
I'd like to see a study taken if having a Lobotomy can cure losing 70-80% of photo finishes, inquiries and objections. Might be worth the risk.
RR
|
Hey, dude. Not much time to play this winter. Getting new house built has been all consuming. Meant to visit (for first time in several years) and hang with ancient pals, Terry and Chuck, seeming less likely now.
Dinoto in strong contention for big HISA job. True power-house whose rise, mark my words, is inevitable.
Hope you are cashing. |
| rrpic6 |
02-16-2023 04:49 PM |
Quote:
Originally Posted by mountainman
(Post 2858650)
Hey, dude. Not much time to play this winter. Getting new house built has been all consuming. Meant to visit (for first time in several years) and hang with ancient pals, Terry and Chuck, seeming less likely now.
Dinoto in strong contention for big HISA job. True power-house whose rise, mark my words, is inevitable.
Hope you are cashing.
|
I'm out of the loop my myself Mark. I occasionally visit MVR, haven't worked there in almost 2 years. I might even bow out of my Keeneland gig this year, as I'm living in Lorain and working for Caesar's Sportsbook in Cleveland now. I do try and catch MVR on my PC a day or 2 a week. Stay healthy!
RR |
| Robert Fischer |
02-17-2023 07:38 AM |
i've got my mahoning watch-list up to date for all of '23
haha
lol I can sort of see if random people were made to choose from slots or horses, intelligence would probably correlate a little to prefering horses.
If I get a $20 (or whatever) sign-up card and try the slots, I find the machines absolutely boring. I know plenty of people who absolutely love the slots.
but this game is hard on people and the simulcast peasant room is more akin to a mental ward than a mensa meeting :rant::rolleyes:
is Charlie Munger 'our guy'?
"Any damn fool can see that a horse carrying a light weight with a wonderful win rate and a good post position etc., etc. is way more likely to win than a horse with a terrible record and extra weight and so on and so on. But if you look at the odds, the bad horse pays 100 to 1, whereas the good horse pays 3 to 2. Then it’s not clear which is statistically the best bet using the mathematics of Fermat and Pascal. The prices have changed in such a way that it’s very hard to beat the system.
And then the track is taking 17% off the top. So not only do you have to outwit all the other betters, but you’ve got to outwit them by such a big margin that on average, you can afford to take 17% of your gross bets off the top and give it to the house before the rest of your money can be put to work. Given those mathematics, is it possible to beat the horses only using one’s intelligence? Intelligence should give some edge, because lots of people who don’t know anything go out and bet lucky numbers and so forth. Therefore, somebody who really thinks about nothing but horse performance and is shrewd and mathematical could have a very considerable edge, in the absence of the frictional cost caused by the house take. Unfortunately, what a shrewd horseplayer’s edge does in most cases is to reduce his average loss over a season of betting from the 17% that he would lose if he got the average result to maybe 10%. However, there are actually a few people who can beat the game after paying the full 17%.
I used to play poker when I was young with a guy who made a substantial living doing nothing but bet harness races…. Now, harness racing is a relatively inefficient market. You don’t have the depth of intelligence betting on harness races that you do on regular races. What my poker pal would do was to think about harness races as his main profession. And he would bet only occasionally when he saw some mispriced bet available. And by doing that, after paying the full handle to the house—which I presume was around 17%—he made a substantial living. You have to say that’s rare. However, the market was not perfectly efficient. And if it weren’t for that big 17% handle, lots of people would regularly be beating lots of other people at the horse races. It’s efficient, yes. But it’s not perfectly efficient. And with enough shrewdness and fanaticism, some people will get better results than others." |
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