02-26-2011, 08:59 PM
|
#19
|
|
Grade 1
Join Date: Nov 2008
Posts: 1,292
|
Quote:
Originally Posted by BJennet
Hi FTL,
Since you seem to be pretty much repeating points you've already made, and I have nothing more to add on the issue of the declining odds of longshot winners, maybe we should bring this exchange to a close.
But, there is one more point I think worth making. While many people in the handicapping world cite statistics, and many more are misled by them, very few have the knowledge to interpret them. Among those few are people like Dave Schwarz, Jeff Platt, and Ken Massa of HTR, a former partner of Tom Brohamer's. To me, the most valuable aspect of their work is their willingness to provide objective measurements - generally acknowledged benchmarks - of the value of horseraceing statistics, such as $Net and Impact Value. Rather than the typical citation of isolated, and hence meaningless, handicapping statistics, they provide context, and statistical significance - factors crucial to making a profit in this difficult game.
Cheers,
B Jennet
|
The most important things to take away from any conversation are those you feel will serve you best.
The things I find important are serving me well every day. I hope the things that you feel are serving you best are doing the same for you.
__________________
"It's suppose to be hard. If it was easy, everybody would do it." Jimmy Dugan, A League of Their Own
|
|
|