25 March Morning Line

27 MARCH 2024

Advantage Betting Edges remain in Brown-Forman, Dunn & Bradstreet and Under Armour, and while Compass Minerals remains a valid trade, it has worked off its edge.

To be truly viable, a system must provide a large number of high advantage betting opportunities in order that a sufficient amount of expected profit can be generated. An approach which does promise to provide a large number of betting opportunities is to fundamentally handicap each race, that is, to empirically assess each horse’s chance of winning, and utilize that assessment to find profitable wagering opportunities. A natural way to attempt to do this is to develop a computer model to estimate each horse’s probability of winning and calculate the appropriate amount to wager.

William Benter, “Computer Based Horse Race Handicapping and Wagering Systems: A Report”

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