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01-14-2013, 05:15 PM
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#1
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Registered User
Join Date: Dec 2005
Location: MI
Posts: 6,330
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The only one absolute truth toward profitability
OK, let's try a game here. There is only one absolute truth for profitability in regards to the thoroughbred races as far as I know. Mention it here, and I'll PM you. If I don't respond it means you didn't get. Mention another truth that I can agree with and I'll reply. Dave can't play this game because we've talked about it. Here's a hint, it's mentioned in Dave's Basics of Winning class. I was surprised that we came to the same conclusion independent of each other when I took his class. So post away, and I PM you if you are right, or reply if I think you found another one.
Good Luck
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"The Law, in its majestic equality, forbids the rich, as well as the poor, to sleep under bridges, to beg in the streets, and to steal bread."
Anatole France
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01-14-2013, 05:43 PM
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#2
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Registered User
Join Date: Dec 2005
Location: MI
Posts: 6,330
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A truth, such as if one can out pick the public they are bound to make money, won't work here. The problem with this is can anyone really out pick the public year after year? The premise is correct, but unachievable for sustained profitability.
__________________
"The Law, in its majestic equality, forbids the rich, as well as the poor, to sleep under bridges, to beg in the streets, and to steal bread."
Anatole France
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01-14-2013, 06:31 PM
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#3
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,825
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The one truth I know is that you must bet horses that have a greater chance to win than their odds would predict.
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01-14-2013, 07:53 PM
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#4
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BetMix User
Join Date: Dec 2004
Location: Boynton Beach, FL
Posts: 1,108
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Quote:
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Originally Posted by cj
The one truth I know is that you must bet horses that have a greater chance to win than their odds would predict.
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CJ, The truth is , you hit the nail right on the head.
It couldn't have been said more directly and you make an excellent point.
How many and how often can some of us find these horses ?
Now that's another story. The truth is not too many and not too often. 
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01-14-2013, 08:01 PM
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#5
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Registered User
Join Date: Jan 2006
Posts: 28,533
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IMO...there are no indisputable, absolute truths in this game; about "profitability"...or anything else.
Everything is debatable...
__________________
Live to play another day.
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01-14-2013, 08:19 PM
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#6
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Registered User
Join Date: Apr 2012
Posts: 1,115
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Quote:
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Originally Posted by thaskalos
IMO...there are no indisputable, absolute truths in this game; about "profitability"...or anything else.
Everything is debatable...
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IMO everyone needs to find their own "truth" and learn to get (slowly) better at it every chance they can.The great thing about this game IMHO is there is always "something to do".
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01-14-2013, 08:25 PM
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#7
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Registered User
Join Date: Dec 2005
Location: MI
Posts: 6,330
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Quote:
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Originally Posted by thaskalos
IMO...there are no indisputable, absolute truths in this game; about "profitability"...or anything else.
Everything is debatable...
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Not so. Hint- we see it when we first start to play the game, but we forget it. I had to rediscover it after years of playing.
__________________
"The Law, in its majestic equality, forbids the rich, as well as the poor, to sleep under bridges, to beg in the streets, and to steal bread."
Anatole France
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01-14-2013, 08:28 PM
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#8
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Registered User
Join Date: Dec 2005
Location: MI
Posts: 6,330
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Quote:
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Originally Posted by Maximillion
IMO everyone needs to find their own "truth" and learn to get (slowly) better at it every chance they can.The great thing about this game IMHO is there is always "something to do".
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Make that that there is always something to learn and I'll score another truth, but not one that will lead to profitability
__________________
"The Law, in its majestic equality, forbids the rich, as well as the poor, to sleep under bridges, to beg in the streets, and to steal bread."
Anatole France
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01-14-2013, 08:34 PM
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#9
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Registered User
Join Date: Jan 2006
Posts: 28,533
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Quote:
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Originally Posted by Capper Al
Not so. Hint- we see it when we first start to play the game, but we forget it. I had to rediscover it after years of playing.
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I remain skeptical.
If Dave Schwartz and you can remain profitable while betting on every single race you handicap...then I submit that every single horse handicapping maxim is debatable. 
__________________
Live to play another day.
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01-14-2013, 08:34 PM
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#10
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Registered User
Join Date: Dec 2005
Location: MI
Posts: 6,330
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Quote:
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Originally Posted by Partsnut
CJ, The truth is , you hit the nail right on the head.
It couldn't have been said more directly and you make an excellent point.
How many and how often can some of us find these horses ?
Now that's another story. The truth is not too many and not too often. |
Figuring the true odds isn't an exact science. Therefore, it doesn't qualify. This is like what was mentioned in post #2 in this thread. Sure it would be true if you could do it, but we can't verify that anyone can make a true oddsljne.
__________________
"The Law, in its majestic equality, forbids the rich, as well as the poor, to sleep under bridges, to beg in the streets, and to steal bread."
Anatole France
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01-14-2013, 08:37 PM
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#11
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Registered User
Join Date: Dec 2005
Location: MI
Posts: 6,330
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Quote:
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Originally Posted by thaskalos
I remain skeptical.
If Dave Schwartz and you can remain profitable while betting on every single race you handicap...then I submit that every single horse handicapping maxim is debatable. |
I agree. But this doesn't count because it doesn't lead to profitability.
__________________
"The Law, in its majestic equality, forbids the rich, as well as the poor, to sleep under bridges, to beg in the streets, and to steal bread."
Anatole France
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01-14-2013, 08:48 PM
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#12
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Registered User
Join Date: Aug 2007
Posts: 143
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The only absolute truth I know of for profitability (if one is talking only about financial gain) would be getting back more than you put in. Other than that- there are other measures of value which don't require financial gain that easily qualify the experience of thoroughbred racing as profitable time spent.
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01-14-2013, 08:56 PM
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#13
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,901
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Quote:
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If Dave Schwartz and you can remain profitable while betting on every single race you handicap...then I submit that every single horse handicapping maxim is debatable
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True dat.
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01-14-2013, 08:56 PM
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#14
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Registered User
Join Date: Apr 2012
Posts: 1,115
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Quote:
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Originally Posted by Capper Al
Make that that there is always something to learn and I'll score another truth, but not one that will lead to profitability
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Al,
If you happen to "learn" or find on your own something that(even) occasionally "works" it will no doubt help with profitability...provided it points to horses the public probably wont back.Just MO.
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01-14-2013, 09:09 PM
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#15
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Registered User
Join Date: Oct 2012
Posts: 441
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Let Us Pray
From the laziness that's content with half-truths,
From the arrogance that thinks it knows all truth,
From the cowardice that shrinks from new truth,
Oh, God of Truth, deliver me.
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