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I would highly recommend Dave Schwartz' HMI Horse Market Investing and the 'Session' concept. Many discussion topics on it on PaceAdvantage.com and you can get it plus a several hour desktop video and Excel spreadsheet to manage and size your wagers from Dave at Horsestreet.com. It goes into fairly good theory about why it should outperform either Flat Betting, full or partial Kelly.
It doesn't track your wagers or do bookkeeping for you, but it will help you size your wagers in realtime or semi-realtime.
Ted
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RDSS - Racing Decision Support System™
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