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There are problems with studies like that.
Most of the horses that drop back and get eased late are the ones that try to compete but get used up battling or get outrun by superior horses. Then as they tire, the jockey eases them late after they are already out of the purse money. The same thing will happen to that horse in race after race unless he drops in class (or there is form change).
So the only way to test it would be to look at horses that showed some contending speed or at least made a big move, dropped back, got eased, and then dropped in class.
That's when their figures should (and usually do) improve.
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