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Picking Winners: A Horseplayer's Guide Paperback – May 6, 1994
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Some of the areas Beyer explores which I think apply to the stock market as well (or to any investment situation as far as I can tell) are:
-the effect different track conditions can have on a horse's performance.
-considering the effects of trainers on a horse's ability to win, lose, progress, or decline in performance.
-spotting potential cases of insider information.
-When to bet on a consistent performer over an unproven newcomer and vice versa.
-detecting signs of physical malady or deterioration early before you lose money because of them.
-How to detect and hopefully stop a losing streak once one begins.
In short this book provides an incredible amount of insight into the ways of selecting the merits of one horse (ie stock) over another without discounting the influence of other factors (the trainer, ie management, for example) on the outcome. I highly recommend this book as a source of investing knowledge and insight and, were I to take up speed handicapping, would absolutely start here.
Beyer first introduced his speed handicapping concept in this book, and he shows how to compute the now famous Beyer speed figures. Even though they're available in the Form, its still good to know how they were derived.
At the time Beyer wrote this book, he focused most heavily on speed handicapping, and he would more thoroughly embrace other factors such as pace or trip handicapping later in his career. But he does at least touch on all facets of handicapping in this book, and either a beginner or expert will find it a informative and amusing read.
Almost twenty years later, the writing of one man, published 30 years ago, has done what, just yesterday, seemed impossible, and completely reversed my perception of this sport.
Until reading this fascinating account of horse racing and it's amazing intricacies, I was among those to criticize nearly every facet of the "event" (never one to dignify it as a sport). You name it, I probably disagreed with it: the physical treatment of the horses both during training and races, the drugs that were unquestionably prolific in use, the jockeys' voices becoming unnaturally high as a result of their ghastly profession, the addict gamblers wasting what should be productive lives in the grandstands at some racetrack, and those same gamblers who seemed to care more about horses than people. Nothing about it impressed me and everything about it disgusted me. And when Tony Kornheiser, on both his radio and television sports shows, openly considered and argued Secretariat to be one of the 50 top athletes of all time, well, that was, to me, the most laughable, offensive comment I had ever heard from a sports analyst, on any previous topic. When ESPN dignified his opinions by naming five horseracing-related athletes in their Top 100 All-Century list, including Secretariat (at No.Read more ›
Picking Winners introduced me to the game -- to what handicapping was all about. Beyer gets you started. Read this book, and any novice is ready to go to the track and at least have some fun pretending he knows what he's doing.
The most important aspect of this book, of course, was my introduction to the Beyer speed figures. They are all he claims them to be; they are not all what others claim them to be. The figs are not the Holy Grail -- but you'll never find the Grail without them.
Most importantly, Beyer gave me an instant understanding of the horseracing game -- no crap -- no esoteric wanderings, but a true working knowledge of handicapping techniques -- and did I mention the speed figs? (haha)
If you are new to the game or if you have little knowledge of those mysterious numbers highlighted in the DRF under "Speed," get this book.
After two years and a dozen other books, I still refer to it several times a week. It has made betting the horses for me a fun, and most often profitable hobby.
Most Recent Customer Reviews
Good read for horse junkies
Although I still couldn't pick any winners
It gave me enough information so that I decided that trying to make money at the racetrack was a losing proposition.Published 4 months ago by Amazon Customer
If you want to improve your luck at the track, this is a good book to start with. Although the author claims that there is no sure way to pick em, he does explain all the deciding... Read morePublished 5 months ago by Sheny Giannelli
Little outdated but very solid info. Money management section was helpful. Hope to win it big this weekend ha haPublished 8 months ago by David F. Gilles
Love it . keep it on hand read a bit try it out next time at the track . It does help.Published 12 months ago by Emily Nigul