JC / Railbird

Betting

Pletcher Baby ROI

Everyone knows that trainer Todd Pletcher is dominant is Saratoga juvenile races, but he’s profitable, too, in certain scenarios: His five-year win stat for first-time starters in dirt sprint maiden special weights is 32%, with an ROI of $2.57. In the same conditions, restricted to state-breds, he’s 46%, with an ROI of $3.25. “Perhaps the time to take down a Pletcher juvenile firster is in maiden special weight turf routes,” writes Dan Illman, who pulled the preceding numbers from DRF Formulator. Good luck getting a big price in any circumstance, though: The longest juvenile shot Pletcher has won at Saratoga with in the past five years is Interactif, in the 2009 With Anticipation. He was 16-1 at post time. The only other Pletcher winner with double-digit odds was Lawn Man, in a 2012 six-furlong MSW. He was 10-1 going into the gate.

Posted in Racing on July 18, 2013 / Tagged Betting, DRF Formulator, Handicapping, Juveniles, ROI, Saratoga, Statistics, Todd Pletcher

How Things Change

Jeremy Plonk has a realization re: how betting is changing at Woodbine:

It reminds me a lot of playing online through Xpressbet and other ADW outlets. We trust ourselves and trust the technology every single day we play. We just don’t typically do it at the racetrack, because we’re often too stuck on tradition to realize how society has changed.

Journalism changes, too: Steven Crist on 35 years at Saratoga.

Posted in Racing on July 12, 2013 / Tagged Betting, Media, Portabubble, Press Box, Saratoga, Technology, Woodbine

The Third Classic

Orb is confirmed for the Belmont Stakes after a sharp work in company at Belmont on Sunday, joining Oxbow and what might be as many as many as 13 other starters in the final leg of the Triple Crown — neither the Kentucky Derby nor the Preakness winner is scaring anyone away. Of the two, history suggests Oxbow is more likely to win — in the 21 times that the Derby and Preakness winners have met again in the Belmont, the Preakness winner has come out on top nine times, the Derby winner five, and the last time that happened was in 1984, when Swale redeemed himself after a historically bad Preakness loss (one that’s only been matched by Orb). Derby-Preakness winner exactas aren’t too common either, as Steven Crist points out in his discussion of Derby-Preakness winner rematches:

Only twice [since 1973] have the winners of the first two legs accounted for the Belmont exacta: Tabasco Cat-Go For Gin in 1994 (that exacta paid $19.20), and Hansel-Strike the Gold ($39.20) in 1991.

In recent years, the Belmont has been a rewarding race for longshot players, with bombs galore. The upcoming edition promises to keep the payouts up.

Posted in Racing on June 3, 2013 / Tagged Belmont Stakes, Betting, Kentucky Derby, Orb, Oxbow, Preakness Stakes, Triple Crown

A Bullish Derby Strategy

First, understand the race, then understand chance:

No. 5, Toro has learned the hard way the immutable, unmerciful truth of superfecta betting:

Only good horses reliably finish first or second, and only decent ones usually run third. But any half-wit critter with a post and a pulse can finish fourth.

This is why I rarely play the super, even for a dime.

Posted in Racing on April 25, 2013 / Tagged Betting, Exotics, Kentucky Derby, Strategy, Superfectas, Wagering