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Old 03-03-2015, 01:50 AM   #9
Hoofless_Wonder
broken-down horseplayer
 
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Join Date: Feb 2008
Location: Portland, OR area
Posts: 2,090
"Investing At The Racetrack" didn't cut the mustard for me

After I got out of the Air Force, I had some "free" time to try out Scott's ability times and other concepts back in 1987. Since it was before full-card simulcasts, I had a limited experiment involving mostly Fairmount, Sportsmen's, Hawthorne, and later on The Birmingham Turf Club after I moved to Alabama later in the year.

I don't recall the exact numbers, but it was something like 190 races wagered, and an overall return of $1.70 for every $2 wagered, which pretty much reflected the takeout. I came to the conclusion that it was an awful lot of work for a little bit of loss. I also came to the conclusion, that the main premise of his "ability" times, must have been reflected more in the odds than his book would leave you to believe, and I simply thought maybe the harness crowd (with their focus on last 1/4 times) was betting these "superior" animals. I was also disappointed in the short prices, as I don't recall a winner over 8-1 from the sample. YMMV. After reviewing the "workout" of the method, I finally concluded that he cherry-picked his week at Belmont in 1980, showing profits every day.

It's interesting that out on Amazon, his first two books "Investing at the Racetrack" and "How will your horse run Today?" can be purchased used for under a dollar, but the "Total Victory at the Track" will cost you $15. Though it has some updates, I'm not inclined to invest in it....
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