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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Dave Feldman who wrote (95206)	3/25/2002 7:47:26 PM
From: Freedom Fighter	Respond to of 132070

>>But luckily, overlays still exist, not just at the track, but in the financial markets! << I did my horseracing books yesterday. Since 1996 I have had only one losing year at the racetrack (1999). Over that period, I made a 39% profit for every dollar invested. Don't get too excited though. I don't bet that much or too often. I had similar results for the 4-5 years prior to that excluding exacta wagers and win bets on short priced horses. It took me awhile to realize that I couldn't find decent overlays at 6-5 (even when I thought I did) and that saver exacta wagers were killing my overall return. Most of my bets are in stakes races (and some allowance races) and almost exclusively on weekends when I have nothing to do. To try to do what I do on a more serious level would require a serious dedication of time. I am also not even certain I could get equal results in races of other types. Most of times that I find value, it is pace related. There are other times when a horse's "media" reputation far exceeds the reality of its performances. There are also miscellaneous times when my subjective analysis of the past performances and likely future perfomances simply disagree with the consensus. I'm not sure how much more often I am right than the consensus, but I don't take 6-5 on my selections anymore. I am looking clear cut value only. :-)