Thread: software
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Old 10-31-2011, 04:11 AM   #6
BJennet
Grade 1
 
Join Date: Jul 2008
Posts: 311
Researching ROI

Quote:
Originally Posted by gl45 View Post
BJ,
That is what I was looking for. If I can quote " in that they're primarily research tools, allowing the user to search their databases to formulate their own angles and spot plays, while RDSS, which you already know, essentially focuses on the handicapping process itself."
That is where I lose the concept of the " handicapping process itself".
So, any software that search a database to formulate their own angles and spot plays they are not focusing on the handicapping process itself. I'm a bit obtuse and occasionally I do have some senior moments, so forgive me if I sound a bit debatable.
Thxs
gl
Hi Pino,

The database gives one the chance to search the various factors for combinations that yield positive ROI. For example, you can do a search on 'Mott-trained 3yo fillies on the turf at 8.5 furlongs between 2003-2008', and the program will kick out the IV and ROI for that specific subset of horses. More importantly, you can test your own angles and spot plays over the relevant set of races and see what the ROI is. It also gives you the opportunity to build your own handicapping model, including all the factors you believe to be significant, and test it over various subsets of races.

The proprietors of the various databases also provide a certain amount of 'out-of-the-box' research, of handicapping factors that have already proven successful. In HTR, this is the 'K' factor, I believe, and with JCapper, it's the J Rating. These are inclusive 'overall' ratings of racing ability somewhat similar to TE or V/DC in nature. These can be used as platforms on which to build one's own handicapping model.

If you're interested, the entrepreneurs of these products have a great deal of material on their sites that you can read through. I would do that, and then ask them whatever questions you might have.

Cheers,

B Jennet
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