Quote:
Originally Posted by highnote
I seem to recall Dr. Z writing in this book or one of his other books that he is does not claim you can make a living from his system. The system is mathematically sound as far as I can tell. I have used it to turn a profit on place and show wagering. It's harder now than it used to be.
I remember going to a KY Derby back around 1994 (Sea Hero?) and there were absolutely no lines at the betting windows at 5 minutes to post. Everyone was getting set to watch the race. There was hardly any late money. You could bet with 5 minutes before the start and the pools would barely change. That all went away when companies like Youbet, Brisbet, and others came online on the internet. The money poured in at the last minute. It was hard to know what the final odds would be at the smaller tracks. The larger tracks were a little better.
Now, the late money removes any inefficiencies from the place and show pools.
However, if you get a rebate and factor that in along with some good handicapping, you can still find value in the place and show pools.
The book is written to help people understand market inefficiencies. Even back in 1984 the Dr. Z system did not work at all times at every track.
To this day it is classic book filled with terrific information. If you haven't read it you can learn a lot about racing markets and how to exploit them. This was never an easy game to beat.
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I've read it...and I wish it was applicable to today's game. But, since it isn't...it now sits on my bookshelf right next to
Ainslie's Complete Guide to Thoroughbred Racing...where it belongs.
