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Old 08-02-2016, 07:30 PM   #1
Tim Y
turf historian
 
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Join Date: Feb 2008
Posts: 6,455
re-education

I have spent the last 5 years re-tooling my approach to this game, evaluating my processing and authenticating what is relevant and what is not. Streamlining the decision making has lent better, crispier outcomes.

This tour began with the simplest of levels and that is HOW WE MAKE DECISIONS.

The thought processes involved are usually mired in psychologically erroneous inhibitions and too much dead weight (the classic process of self confusion brought on by OVER EVALUATION of what is more than likely a much simpler process, "paralysis by analysis"). Great works like BLINK by Malcolm Gladwell, Thinking Fast Thinking Slow, by Noble Prize winner Khanaman, Smart Choices by Keeney Hammond and Raiffa, etc. discuss the many influences that are at work sub rosa, each and every time we confront the many controls that work together in rendering a decision.

I found that we all carry dogmatic beliefs (which are NEVER put to the statistical test) that are constantly adhered to in spite of their overall relevance to the ultimate decision. So many of these influences work at a subliminal level unless one sets out initially to expose them as such. Weight, workouts, trainers, jockeys, superficial and erroneous man made class levels (does the HORSE even know if he/she ran against at 10K or allowance horse?) etc...MOST of these ideas are about HUMANS and not the ultimate aspect of the race: THE HORSE....the ONLY one doing the running!

MORE than anything else, this decision process as COMPLETELY SEPARATED the handicapping and wagering steps to ONLY consider them in that order: Handicapping to WAGER and never back the other way.

You are looking for the best $$$$$$$$$$$$$$$$$$$ opportunity NOT particularly the best handicapping situation. When they jive all the better.

Learn to look at this game as an INVESTOR, and NEVER a handicapper (they are frankly a dime a dozen so take the more difficult step). Be a complete player just like a commodities trader, real estate broker or stock market analyst.
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Last edited by Tim Y; 08-02-2016 at 07:34 PM.
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