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Originally Posted by badcompany
I'm not familiar with handicapping programs. but I do know a bit about financial market algorithms. They're basically a coded set of rules. The advantage is in the number crunching ability. They allow you to scan more markets and timeframes than you could longhand. Of course, the trick is to come up with rules that are consistently profitable.
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Horse racing data exists in an information silo. Download Equibase data, get exactly the same data everyone else downloads. Differences in massage techniques are basically cosmetic, and the efficient market hypotheisis kicks in big time. If you want to stay ahead, you need information that is different from that used by everyone else, or information that is manipulated/calculated/aggregated from that data in a manner different from that used by everyone else.
