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04-10-2015, 06:13 PM
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#31
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Registered user
Join Date: Oct 2008
Location: FALIRIKON DELTA
Posts: 4,439
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Quote:
Originally Posted by Cratos
Horserace handicapping is about the measurement and prediction of objects moving through space over a surface within a closed circuit.
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Well, this is a really bold statement!!!
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whereof one cannot speak thereof one must be silent
Ludwig Wittgenstein
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04-10-2015, 06:31 PM
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#32
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Registered User
Join Date: Jan 2004
Location: The Big Apple
Posts: 4,252
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Quote:
Originally Posted by DeltaLover
Well, this is a really bold statement!!!
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Maybe I am wrong, but I am stuck with my belief and satisfied enough to not want to extend this debate.
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Independent thinking, emotional stability, and a keen understanding of both human and institutional behavior are vital to long-term investment success – My hero, Warren Edward Buffett
"Science is correct; even if you don't believe it" - Neil deGrasse Tyson
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04-10-2015, 09:08 PM
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#33
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Registered User
Join Date: Dec 2005
Location: MI
Posts: 6,330
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The premise here is that answering the question, " is the horse ripe for a strike as the independent variable"-- and a guesstimate at that. This is contrary to what Cratos believes and posted in this thread as that speed was the independent variable and the certainty of math as the solution.
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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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04-10-2015, 09:33 PM
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#34
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Registered User
Join Date: Jan 2004
Location: The Big Apple
Posts: 4,252
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Quote:
Originally Posted by Capper Al
The premise here is that answering the question, " is the horse ripe for a strike as the independent variable"-- and a guesstimate at that. This is contrary to what Cratos believes and posted in this thread as that speed was the independent variable and the certainty of math as the solution.
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Please if you are going to quote or paraphrase my posts at least do it correctly.
In post #4 I said speed was a DEPENDENT variable and I never said or referred to certainty about anything.
If you need to create fabrications to make your case, it is weaker than I thought.
Therefore this is my last post in this thread and you can twist it anyway you like.
__________________
Independent thinking, emotional stability, and a keen understanding of both human and institutional behavior are vital to long-term investment success – My hero, Warren Edward Buffett
"Science is correct; even if you don't believe it" - Neil deGrasse Tyson
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04-11-2015, 01:10 AM
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#35
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Registered User
Join Date: Jan 2006
Posts: 28,552
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Quote:
Originally Posted by Cratos
Therefore this is my last post in this thread and you can twist it anyway you like.
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Promise?
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"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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04-11-2015, 06:14 AM
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#36
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Registered User
Join Date: Dec 2005
Location: MI
Posts: 6,330
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Quote:
Originally Posted by Cratos
Please if you are going to quote or paraphrase my posts at least do it correctly.
In post #4 I said speed was a DEPENDENT variable and I never said or referred to certainty about anything.
If you need to create fabrications to make your case, it is weaker than I thought.
Therefore this is my last post in this thread and you can twist it anyway you like.
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I stand corrected. Yet, I don't understand all your noise.
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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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04-11-2015, 06:54 AM
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#37
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Registered User
Join Date: Dec 2005
Location: MI
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Let's move on. Let's look at pace. Pace is a derivative of speed also. Pace tells how a horse needs to distribute their energy to win. If the match up works in favor of the horse, an opportunity might arise for a horse to be able to strike. The horse's connection most likely would want to take advantage and go for the win.
Now let's focus on the handicapper types. Earlier I mentioned that many handicappers start off learning about speed and keep revisiting speed over and over again throughout their handicapping life. Many handicappers search for a better way to look at speed and find pace. Pace handicappers unknowingly tape into the second derivative and find themselves winning with a little more sophistication and getting at times some better prices. Pace handicappers, many a time, can go back over a race and explain why a horse won or lost in a manner far superior to anything a speed handicapper can do. The awesomeness of knowledge sets in, pace handicappers become sophomoric with their newly found insights. They are clueless that they have stumbled upon the second derivative and, as speed handicappers did before them, believe the answer is in their math. It's not in their math. Pace may also show us that a horse is ripe to strike. What I call the second derivative.
__________________
"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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04-11-2015, 08:45 AM
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#38
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Racing Form Detective
Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
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Quote:
Originally Posted by Capper Al
With graded races, it is safer to assume that they will try. With claiming, it's a guess.
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I think the opposite is true. With claimers, especially cheap claimer, they can not afford to take the gamble that today's race won't be the horse's last. In stakes races, they may be pointing for a bigger (purse) payday done the line since as general rule stakes horses are sounder than claimers. 40 years ago, your logic would have been correct when claimers were filled with sound , but slow runners and there were fewer big paying stakes, but not today.
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Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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04-11-2015, 09:38 AM
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#39
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Registered User
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Location: MI
Posts: 6,330
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Quote:
Originally Posted by Robert Goren
I think the opposite is true. With claimers, especially cheap claimer, they can not afford to take the gamble that today's race won't be the horse's last. In stakes races, they may be pointing for a bigger (purse) payday done the line since as general rule stakes horses are sounder than claimers. 40 years ago, your logic would have been correct when claimers were filled with sound , but slow runners and there were fewer big paying stakes, but not today.
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You might have a point about claimers, but the burden on this decision still rests with the handicapper. Look at horses that have been claimed. A lot of them still don't win. They had to be giving it their all since they lost the horse.
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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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04-11-2015, 11:22 AM
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#40
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Unreconstructed
Join Date: Sep 2005
Location: Appalachia
Posts: 6,646
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Quote:
Originally Posted by Capper Al
You might have a point about claimers, but the burden on this decision still rests with the handicapper. Look at horses that have been claimed. A lot of them still don't win. They had to be giving it their all since they lost the horse.
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Many times horses taking a big class drop are damaged goods. The top trainers can spot them and avoid them. Often they are claimed by an incompetent trainer who thinks he is getting a bargain. That is almost never the case. If you follow a circuit closely you will soon know the trainers' habits. Many years ago a friend of mine named Steve Collison wrote a book (a pamphlet really) called The Claiming Game. Steve knows his business and is a very successful player.
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Deo Vindice
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04-11-2015, 01:21 PM
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#41
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Registered User
Join Date: Dec 2005
Location: MI
Posts: 6,330
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Quote:
Originally Posted by GaryG
Many times horses taking a big class drop are damaged goods. The top trainers can spot them and avoid them. Often they are claimed by an incompetent trainer who thinks he is getting a bargain. That is almost never the case. If you follow a circuit closely you will soon know the trainers' habits. Many years ago a friend of mine named Steve Collison wrote a book (a pamphlet really) called The Claiming Game. Steve knows his business and is a very successful player.
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I have a copy. It provides a good intro to the claiming game.
__________________
"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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04-11-2015, 01:34 PM
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#42
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Registered user
Join Date: Oct 2008
Location: FALIRIKON DELTA
Posts: 4,439
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Quote:
Originally Posted by Cratos
Maybe I am wrong, but I am stuck with my belief and satisfied enough to not want to extend this debate.
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I disagree with your definition of handicapping..
In my book, handicapping is about discovering patterns that might cause the crowd to systematic erroneous conclusions that can present the profit opportunities.
Even the most precise estimate of “measurement and prediction of objects moving through space over a surface within a closed circuit” as you put it, are completely useless for betting purposes, if they happen to be embedded in the prices (and to make things ever worse, you need to also cover the takeout)..
Handicapping is NOT ABOUT PREDICTING THE WINNER OF THE RACE (a domain where your approach might excel) but about PREDICTING THE POSSIBLE ERRORS COMMITED BY THE BETTING CROWDS ( a domain that needs a combination of creative imagination and stochastic models as opposed to deterministic methods)
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whereof one cannot speak thereof one must be silent
Ludwig Wittgenstein
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04-11-2015, 03:28 PM
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#43
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Registered User
Join Date: Jan 2004
Location: The Big Apple
Posts: 4,252
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Quote:
Originally Posted by DeltaLover
I disagree with your definition of handicapping..
In my book, handicapping is about discovering patterns that might cause the crowd to systematic erroneous conclusions that can present the profit opportunities.
Even the most precise estimate of “measurement and prediction of objects moving through space over a surface within a closed circuit” as you put it, are completely useless for betting purposes, if they happen to be embedded in the prices (and to make things ever worse, you need to also cover the takeout)..
Handicapping is NOT ABOUT PREDICTING THE WINNER OF THE RACE (a domain where your approach might excel) but about PREDICTING THE POSSIBLE ERRORS COMMITED BY THE BETTING CROWDS ( a domain that needs a combination of creative imagination and stochastic models as opposed to deterministic methods)
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I am violating what I said I wouldn’t do and that was not to return to this thread, but you seem to want an answer from me and it is that you can disagree with what I stated and that is okay; and you might get others to agree with you and that is also acceptable, but I don't agree with you and that is the only thing that counts to me.
What you or I say is not the gospel; just what we believe.
__________________
Independent thinking, emotional stability, and a keen understanding of both human and institutional behavior are vital to long-term investment success – My hero, Warren Edward Buffett
"Science is correct; even if you don't believe it" - Neil deGrasse Tyson
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