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Originally Posted by PaceAdvantage
Thanks for the kind words. I know I'm getting SOMEWHERE...don't know exactly where yet...
But I DO KNOW THIS. I NO LONGER THINK ABOUT THE TOTE BOARD, I DON'T EXPERIENCE ANY NOTICABLE ODDS DROPS, I DON'T USE CONDITIONAL WAGERING and I DON'T USE AN ODDS LINE.
ALL THIS BECAUSE I AM SPECIFICALLY HUNTING FOR LONGSHOTS AND ONLY LONGSHOTS.
And I've been winning over my last 623 posted bets in the VIP section of this board.
Over the last two days, I've been implementing another new wacky experiment as a tangent to my last 500 race run...only this time, I've worked on narrowing down the number of races I play, BUT, I bet, on average, THREE horses to win...
Here are the results so far (today's races plus the summary box which is two days worth of bets)...I cash more races obviously, but my actual win percentage when based on number of horses bet isn't much better than when I was betting only one horse to win...I'm sure this little experiment will crash and burn eventually, but it will help the prior 500 race run in that it should allow me to bet fewer races while maintaining the same or higher hit rate.
I feel one of my biggest problems during the recent 500 race run was that I was betting too many races.
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The best advice I can give you is to keep detailed records of your handicapping method as it stands right now...in case your future "improvements" sink the method into unprofitability, and your continuous adjusting causes you to forget what the original method really consisted of. This happened to me early on in my handicapping career...and I've been regretting it ever since. I constructed a handicapping method based on my own variation of the primary handicapping factors that I had read about during that time-period...and I used that method profitably for an entire year on the Chicago-area circuit. But my ROI wasn't quite up to the elevated standards set in the handicapping books that were put out at that time...and I started tinkering with my method so I could bring it "up to par" with the results that the experts of that era were bragging about in their handicapping books. After my endless tinkering made my method perform much WORSE than it originally did, I discovered, to my dismay...that I could no longer remember what my original method consisted of. That's how confused my endless adjustments had made me.
But, I guess it wasn't all for naught. Yes...I may have forgotten the details of a promising handicapping method. But I was reminded of the power of accurate record-keeping...in ALL areas of our life.