Quote:
Originally Posted by highnote
Young people who are serious students of the game should still read it. The mathematics are timeless. There is much to be learned from the book.
Old people who have read it have probably moved on, but that doesn't mean there is nothing of value in it for young people.
Where else can you find the Generalized Reduced Gradient equations for finding the optimal place and show bets when there are more than one possible place and show bet in the same race?
If what you say is correct that the pools change too much at the last minute then how can you make a wager into any pool? They all change. Doesn't matter if you're talking win, place, show or exotics. Hell, people bet trifectas and they don't even know what the payoffs are going to be.
In my experience the late money is a factor, but it can be accounted for. There are patterns. Study the data. Find a rule or law that applies. Then test it to see if it holds.
Just because a system doesn't work for some people, doesn't mean it doesn't work. Likewise, just because something works for one person doesn't mean it will work for someone else. A person has to believe in the system and have the temperament to use it.
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Look...we are all allowed to voice our opinions here...and my opinion is that Dr. Ziemba's book is a gigantic waste of time for a young player interested in today's game. And, to prove to you that I'm not "Mr. Negativity" around here...I will suggest a book that I think is a MUCH better reading choice for the interested "young person". Here it is...and it's available at a much cheaper price than "Dr. Z's" dated tome:
https://www.amazon.com/Blinkers-off-...40_&dpSrc=srch
Yes...this book has gotten negative feedback by some Amazon readers who considered it a "sales pitch" for the author's commercial speed/pace figures. But I assure all interested bystanders that the handicapping principles addressed in the book could be put to effective use with ANY type of speed/pace figures that the horseplayer chooses to use.
And...you'll be glad to know that "Dr. Z" wrote the foreword to this book...in which he gave it his highest endorsement.
