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Originally Posted by Inglewood Flamingo
http://amgona.wordpress.com/the-loical-choice/
If you read his last post it appears the author is in poor health. I communicated with him a few times and summed up his approach up as just looking for overlays off the ML. IMO, a better odds line would greatly improve the approach.
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Tough break to hear about the author's health.
I agree that a decent odds line would probably outperform the morning line at many tracks, and certainly would help zero in on the better plays. I'm a bit skeptical over his $5 win, $20 place wagering strategy, but didn't back and rechurn the numbers to see how he would have done with straight $25 win bets. This approach does remind me of a place bettor I met in Vegas one time, who said after 30 years of playing he found the only profitable approach for him were place bets on what determined were overlays.
The tote, in theory, contains all the known info related to a race, and monitoring the patterns in wagering can certainly lead to picking winners - excepting of course the late "steam" coming in from insiders. I believe the book only had one example for odds tracking, and all the others were just final odds versus M/L.
