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SUMMARY
One of the world’s greatest reveals his winning tactics
ONE-IN-THREE AT 5/2 … YOU’RE A WINNER
A handicapper who can win as frequently as the crowd, 33 per cent, but at 5/2 odds (the public averages 8/5), boasts a splendid 15 per cent edge on the game. As Dick Mitchell has pointed out, by improving handicapping proficiency 10 per cent, profits triple.
This is the attainable goal all recreational handicappers should set sails to achieve 33 per cent winners, average odds of 5-2, a 15 per cent edge and profit margin. The reality for the casual majority is closer to 30 per cent winners at odds of 5-2, a mere 5 per cent profit margin.
SUMMARY
Our ‘Top 10’ racing book extract
DOWST IN THE NEW MILLENNIUM (Part 2)
This is the second and final extract from James Quinn’s best-selling book The Best of Thoroughbred Handicapping, Leading Ideas and Methods, which we have chosen as one of the 10 best racing books of the last 20 years. Go to www.drf.com for more details.
Beyond publishing the books and magazine articles that established him as the high priest of handicapping in the 1930s and the 1940s, Robert Saunders Dowst went public in 1936 with perhaps the only fundamentally sound system capable of continual seasonal profits.
SUMMARY
Exclusive extract from a ‘top 10’ racing book
THE HARMONY OF BETTING LINES (Part 1)
James Quinn is regarded as one of the “greats” of the American handicapping scene. We have chosen his book The Best of Thoroughbred Handicapping, Leading Ideas and Methods as one of the 10 best racing books of the last 20 years.
In this exclusive extract, Quinn pays tribute to the work of fellow US professional and former PPM columnist Barry Meadow.
SUMMARY
Find the right time to back the favourites
ADVANTAGE IN CONFUSION
How good is the public in assessing the chances of each horse in a race? Well, as we’ve pointed out before, pretty darn good.James Quinn, the US writer, says the “crowd” will lose generally only 9 per cent of the money they’d invest on favourites. Yet, he adds, a group of experts, no matter how good they might be individually, will lose some 15 per cent, assuming they perform at their best and play every race.
SUMMARY
Unit wagers at the odds
BET BIG AS THE ODDS RISE
Most punters will, by habit, bet more on their shorter-priced selections than on the ones at bigger prices.
It’s part of the psychological aspect of the game. We fear our conclusions if others do not agree.
In his new book The Best Of Thoroughbred Handicapping, the noted US authority James Quinn raises this issue and says: “Having been conditioned forever to bet more on shorter-priced horses, handicappers (punters) have difficulty extinguishing that baseless approach and learning to bet more when the risk goes up.”
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