Walt Williams Neck wrote:
Steve Asmussen all day all night....Been doing this for 50 years saw lots of "systems" if one worked everyone would be using it

I'll say this one time, Walt. In my most recent run, which has been a couple of months, my ROI has been 400% and as high as 600%. I banked 75% of the proceeds and started again.
So, yes, there are strategies and programs that work, when applied correctly. Patience and waiting for the right setups with odds is key. Being lucky doesn't hurt either.
How would you ever know what the fair-value of a horse is, if you you didn't use math? You do know that at least half of the single wagering bets for any race are losers a majority of the time, that is, not fair bets? It can be shown mathematically. So if you're taking these horses and many are at short odds, even if you win once or twice, over time you will lose and give it all back. The quants have an advantage, in that they know which bets are fair and have value and which don't. That is as long as the odds don't change much after post-time, which unfortunately does happen, causing distortions.
Mucho Gusto at 4-5 in the Sunland Derby was not a fair bet. Neither was War of Will at 1 in the Louisiana Derby. However, Core Beliefs at 9-1 in the New Orleans Handicap had odds more than twice its fair value.