Monday, November 26, 2012

Greyhound Handicapping - How To Find Value

Value is a buzzword right now in handicapping circles. We heard it in almost every commentary on the Kentucky Derby. I hear it all the time at the greyhound track when handicappers are talking about what they like in the next race, and why they like it. Everyone assumes that they know what it means, but does it mean the same thing to everyone? What does it mean to you and how do you find it when you handicap a dog race?

To me, finding value means finding a dog that is underrated and playing it to win and/or place and in exactas with other dogs I like in that race. For instance, in a race where there's a standout dog - one who wins 2 out of 3 of its races or more - I might put a dog who wins almost as often but places more often into an exacta box with the standout dog. The standout dog might pay peanuts to win, but a decent amount in an exacta with the value dog. I'll also use that dog in other exotics, like trifectas and superfectas. And let's not forget Pick 3's and Pick 4's and the like.

Figuring out whether a dog is a "value" play is mostly a matter of figuring out how often it comes in and comparing that to its odds in the race its running today. If you bet that dog in every one of its races, how often would it have won and at what payoff? If it wins an average of 1 in 10 races, and pays $10 a race, odds of less than 1-10 aren't going to give you the payoff you need on it. It's not worth risking more money than you can reasonably expect to win on a dog.

Of course, there's more to handicapping than odds and statistics. When we look at a race, we have to look at the factors that will determine who hits the board in that race, things like speed, running style, post position and track bias, if any, on that day. Actually, these are the things we should consider BEFORE we look for value in a race. So, first handicap the race and then look for value by finding a dog that is at higher odds than it should be, based on its likelihood of coming in, judging by its past history in that type of race at that track.

How a Harness Horse Can Help You Win at the Dog Track

Off Keel doesn't owe me any money. I've played this 11 yr old grey gelding pacer for years and seen him cross the wire first in a good number of his races. However, there are times when he's not a good bet, although people still play him then. Not me. I know when he's not likely to come in and I lay off in those races. Even when he was at his peak, there were some situations when his post position or the class of the race put him at a disadvantage. That was when I watched the race and - more times than not - he finished out of the money.

I use the Trackmaster™ harness programs and highly recommend that you do too if you play the harness races. I think their class ratings are better than the on-track programs and they give you so much more information. But back to Off Keel and how he can help with greyhound handicapping... This year, Off Keel has been running well at a class rating of up to 75. That's the CR of the race, not his speed rating or class rating in the race.

When he gets up over a 75 CR, he's a lot less likely to come in. In fact, he hasn't won above that level since May 5th. Another thing that has a big effect on whether or not he comes in is post position. He runs at half mile tracks in Bangor and Scarborough, both of which favor the horse from the 1 through the 5, like most half-mile tracks. Put him outside the 5 post, and he doesn't win.

Harness fans remember that Off Keel was a very good horse when he was younger. They know that he's still a horse to be reckoned with now. But they don't remember or don't know the information about class rating and post position, so they bet on him no matter the class of the race or his post position. Then he doesn't come in and they go off him and he slides down to a CR 75 race and his odds are good and I have him and he wins.

There are a few other horses that are good bets at times and bad bets at other times at the local tracks and at the simulcast tracks too. I keep a list and play them when they're in a favorable situation. I do the same thing with dogs and you can do it too.

It's a little harder, because most greyhound programs don't have class ratings so you have to use grade. When you're handicapping, notice dogs that are always moving up into a higher grade, but never win in that grade. That's their class ceiling just like a CR 75 is Off Keel's class ceiling, this season anyway. Notice dogs who never come in when they're in certain post positions, but do come in when they're in other post positions.

Keep a list and you'll notice that the more you look for these dogs, the more you'll be able to pick them out. They're spot plays, of course, because they have a very good chance of coming in because of a certain situation. Spot plays are my favorite way to make money at the dog track and at the horse track too. In fact, I like them so much that I'm writing a book all about spot plays at the greyhound, thoroughbred and harness tracks. It should be out in about six weeks, if I can lay off playing the races long enough to finish it.

Greyhound Handicapping - How To Find Value

Value is a buzzword right now in handicapping circles. We heard it in almost every commentary on the Kentucky Derby. I hear it all the time at the greyhound track when handicappers are talking about what they like in the next race, and why they like it. Everyone assumes that they know what it means, but does it mean the same thing to everyone? What does it mean to you and how do you find it when you handicap a dog race?

To me, finding value means finding a dog that is underrated and playing it to win and/or place and in exactas with other dogs I like in that race. For instance, in a race where there's a standout dog - one who wins 2 out of 3 of its races or more - I might put a dog who wins almost as often but places more often into an exacta box with the standout dog. The standout dog might pay peanuts to win, but a decent amount in an exacta with the value dog. I'll also use that dog in other exotics, like trifectas and superfectas. And let's not forget Pick 3's and Pick 4's and the like.

Figuring out whether a dog is a "value" play is mostly a matter of figuring out how often it comes in and comparing that to its odds in the race its running today. If you bet that dog in every one of its races, how often would it have won and at what payoff? If it wins an average of 1 in 10 races, and pays $10 a race, odds of less than 1-10 aren't going to give you the payoff you need on it. It's not worth risking more money than you can reasonably expect to win on a dog.

Of course, there's more to handicapping than odds and statistics. When we look at a race, we have to look at the factors that will determine who hits the board in that race, things like speed, running style, post position and track bias, if any, on that day. Actually, these are the things we should consider BEFORE we look for value in a race. So, first handicap the race and then look for value by finding a dog that is at higher odds than it should be, based on its likelihood of coming in, judging by its past history in that type of race at that track.

Greyhound Handicapping - What To Do On Your Day Off

Very few people go to the greyhound track every day, unless they work there. That would be a pretty unbalanced life. No matter how much we love playing the dogs, we have families, friends, jobs and other activities that need our attention too. But, sometimes, if you're like me, you find yourself with a day when you're not going to go to the track and there's not much going on in the rest of your life either. So, what do you do with a day like that?

Well, one thing you can do is put that day to good use by spending it on research. If, like me, you have a library of old racing programs, with notes and information written on them, you can go over them and refresh your memory of what happened at your favorite tracks, and why. Of course, I'm assuming that you keep notes on your programs so that you'll know what you bet that day and whether it came in or not.

If not, you might want to start doing that. Unless you have a photographic memory, keeping a written record of your hits and misses and what happened in those races is one of the best handicapping aids. I also note the weather on the programs and whether or not there was a track bias, a hot kennel or anything else out of the ordinary that I can think of that will help me in the future when I'm playing that track.

If you haven't been keeping your programs and/or making notes, you can still do some research on your day off. Go to http://www.trackinfo.com and check out the free programs, results and charts. Go to the greyhound track sites and read every bit of information on them. Look at the statistics for each track and for articles about the top dogs and trainers and anything else that's going on at the tracks.

To become really good at anything, you have to give it a big chunk of your time and attention. If you just go to the track once a week and take a $20 bill and have fun, then it's a whole different story. But if you go often and want to make some serious money, the more time you can spend immersed in the information connected with greyhound racing, the more likely you are to make a consistent profit from it. Don't neglect your family or your responsibilities. But when they're taken care of and you have some free time, use it to improve your handicapping and your bottom line.

How a Harness Horse Can Help You Win at the Dog Track

Off Keel doesn't owe me any money. I've played this 11 yr old grey gelding pacer for years and seen him cross the wire first in a good number of his races. However, there are times when he's not a good bet, although people still play him then. Not me. I know when he's not likely to come in and I lay off in those races. Even when he was at his peak, there were some situations when his post position or the class of the race put him at a disadvantage. That was when I watched the race and - more times than not - he finished out of the money.

I use the Trackmaster™ harness programs and highly recommend that you do too if you play the harness races. I think their class ratings are better than the on-track programs and they give you so much more information. But back to Off Keel and how he can help with greyhound handicapping... This year, Off Keel has been running well at a class rating of up to 75. That's the CR of the race, not his speed rating or class rating in the race.

When he gets up over a 75 CR, he's a lot less likely to come in. In fact, he hasn't won above that level since May 5th. Another thing that has a big effect on whether or not he comes in is post position. He runs at half mile tracks in Bangor and Scarborough, both of which favor the horse from the 1 through the 5, like most half-mile tracks. Put him outside the 5 post, and he doesn't win.

Harness fans remember that Off Keel was a very good horse when he was younger. They know that he's still a horse to be reckoned with now. But they don't remember or don't know the information about class rating and post position, so they bet on him no matter the class of the race or his post position. Then he doesn't come in and they go off him and he slides down to a CR 75 race and his odds are good and I have him and he wins.

There are a few other horses that are good bets at times and bad bets at other times at the local tracks and at the simulcast tracks too. I keep a list and play them when they're in a favorable situation. I do the same thing with dogs and you can do it too.

It's a little harder, because most greyhound programs don't have class ratings so you have to use grade. When you're handicapping, notice dogs that are always moving up into a higher grade, but never win in that grade. That's their class ceiling just like a CR 75 is Off Keel's class ceiling, this season anyway. Notice dogs who never come in when they're in certain post positions, but do come in when they're in other post positions.

Keep a list and you'll notice that the more you look for these dogs, the more you'll be able to pick them out. They're spot plays, of course, because they have a very good chance of coming in because of a certain situation. Spot plays are my favorite way to make money at the dog track and at the horse track too. In fact, I like them so much that I'm writing a book all about spot plays at the greyhound, thoroughbred and harness tracks. It should be out in about six weeks, if I can lay off playing the races long enough to finish it.

How a Harness Horse Can Help You Win at the Dog Track

Off Keel doesn't owe me any money. I've played this 11 yr old grey gelding pacer for years and seen him cross the wire first in a good number of his races. However, there are times when he's not a good bet, although people still play him then. Not me. I know when he's not likely to come in and I lay off in those races. Even when he was at his peak, there were some situations when his post position or the class of the race put him at a disadvantage. That was when I watched the race and - more times than not - he finished out of the money.

I use the Trackmaster™ harness programs and highly recommend that you do too if you play the harness races. I think their class ratings are better than the on-track programs and they give you so much more information. But back to Off Keel and how he can help with greyhound handicapping... This year, Off Keel has been running well at a class rating of up to 75. That's the CR of the race, not his speed rating or class rating in the race.

When he gets up over a 75 CR, he's a lot less likely to come in. In fact, he hasn't won above that level since May 5th. Another thing that has a big effect on whether or not he comes in is post position. He runs at half mile tracks in Bangor and Scarborough, both of which favor the horse from the 1 through the 5, like most half-mile tracks. Put him outside the 5 post, and he doesn't win.

Harness fans remember that Off Keel was a very good horse when he was younger. They know that he's still a horse to be reckoned with now. But they don't remember or don't know the information about class rating and post position, so they bet on him no matter the class of the race or his post position. Then he doesn't come in and they go off him and he slides down to a CR 75 race and his odds are good and I have him and he wins.

There are a few other horses that are good bets at times and bad bets at other times at the local tracks and at the simulcast tracks too. I keep a list and play them when they're in a favorable situation. I do the same thing with dogs and you can do it too.

It's a little harder, because most greyhound programs don't have class ratings so you have to use grade. When you're handicapping, notice dogs that are always moving up into a higher grade, but never win in that grade. That's their class ceiling just like a CR 75 is Off Keel's class ceiling, this season anyway. Notice dogs who never come in when they're in certain post positions, but do come in when they're in other post positions.

Keep a list and you'll notice that the more you look for these dogs, the more you'll be able to pick them out. They're spot plays, of course, because they have a very good chance of coming in because of a certain situation. Spot plays are my favorite way to make money at the dog track and at the horse track too. In fact, I like them so much that I'm writing a book all about spot plays at the greyhound, thoroughbred and harness tracks. It should be out in about six weeks, if I can lay off playing the races long enough to finish it.


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