When you see some of the information in those very old books, it makes you wonder how much better the very best handicappers of today are than they were many years ago.
When I worked at DRF I read through some charts from many decades ago and found comments like "dropped to the rail for the better footing inside", "stayed well out on the track to avoid the deeper footing inside" and things like that. So people were well aware of bias long before it became more popular in the books published in the 70s and 80s.
There was a subset of very informed players.
The difference is that the number of people that are very informed is much larger.
That's what I see in one of my other hobbies (shooting pool). I don't think the best players of today are much better than the players I saw in the 70s and even some of the players from the decades before that they were a bit past their prime, but there are way way more players at that very elite level.
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