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Since Ted re-opened the thread I would like to add my 2 cents. I seems to me that there is a basic division between what I would call "database" handicapping and "race-by-race" handicapping. The database handicappers prefer to use their database to glean statistically significant "facts" by which they choose eliminate horses, choose contenders, choose pacelines, and make their bets. Race-by-race cappers believe that each race is a unique match-up of speed, pace, class, jockey strategy, form cycle, etc., and view each race as a puzzle to be solved. Each has their supporters and merits, and what is most important is that the approach fits the temperament of the individual.
Richard
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