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Old 10-13-2017, 08:35 AM   #68
classhandicapper
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Join Date: Mar 2005
Location: Queens, NY
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Quote:
Originally Posted by steveb View Post
everybody should be privy to correct info.
the time of the race is not very meaningful in and of itself.
it's what you do with what you have that matters.
you are assuming that everybody that has accurate data knows how to use it, and that is a long way from the reality.
nearly everybody loses long term, and so it would stay, regardless of the accuracy of the data.
very few people are willing to do the work, and of those that are, only a small proportion of them will make it work anyway.
1. I said that everyone should have the correct data.

2. I disagree with the rest.

Of course some people use the data better than others. But on a net basis, if I am the only one with the correct data or have devised a private methodology that bypasses its flaws, I have a huge edge over the "overall market". That's a much better position to be in than having a battle of wits with other people that have the same information I have.

Bad data gives the smartest players an opening to find an edge. It's a simple reality that conflicts with our more idealistic visions for the sport.

Every time the "public" PPs are improved, it makes it harder for me to find a way to win. That's a simple fact.
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Last edited by classhandicapper; 10-13-2017 at 08:48 AM.
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