The Tote Watcher's Profit Guide Author:John Iddings (spiral bound) — The beauty of the parti-mutual system is that money talks -- sometimes it virtually screams -- and the message is right there on the tote. One hundred know-nothing punters can make uniformed $5 bets at Los Alamitos, and it translates to $500 spread across eight horses. But when a five-person stable sends in $2,000 on its sure t... more »hing, the experienced tote watcher can spot it in the blink of an eye.
If you've been reading carefully, you've already figured out that much of this method will involve watching for instances where horses are being bet down. For you "price players" out there, this might not be an appealing concept at first.
Just remember that profit is not only a function of price, but also of win percentage. A $7 mutuel might not sound too inviting, but if your win percentage is 50 percent it's a gift.
That's exactly what our goal is -- to fashion a tote-watching method with a minimum 50 percent win rate.« less