How ALL-Ways Works
(C) Copyright 1997, 1998
Frandsen Publishing Corporation
PO Box 1439
Minnetonka, Minnesota 55345
All Rights Reserved
The Essential Elements of ALL-Ways:
- ALL-Ways includes 71 comprehensive handicapping factors.
- ALL-Ways handicaps the races using Handicapping Profiles made up of selected and weighted handicapping factors.
- The ALL-Ways Analysis Module provides for the following:
- Determines the power and profitability of each of the 71 handicapping factors for every type of race run at every track that you handicap.
- Automatically creates new Handicapping Profiles using advanced Multiple Regression Analysis techniques.
- Determines the profitability of each individual Handicapping Profile and the optimum exotic wager combinations.
Let's dig a little deeper. ALL-Ways includes 71 key handicapping factors covering the horse's suitability to the distance, suitability to the surface, current form, class level, speed figures, running style, pace figures, jockey and trainer statistics and pedigree data. There is also a comprehensive rating derived from 22 different handicapping factors. Many of ALL-Ways' seventy one handicapping factors are never seen by the general public and many are exclusive to ALL-Ways: Brohamer Compound Pace Ratings, Hambleton Total Pace Ratings and Form Points, Quirin Speed Points and Race Shapes, Scott Ability Times and Performance Class Ratings, Hall Pace and Speed Ratings, a proprietary Workout Evaluation Index, a proprietary Stretch Gain Performance Evaluator, . these are all incredibly powerful handicapping factors and represent a major reason why ALL-Ways leads to strong value plays. Having access to this powerful information that the public does not have gives you an incredible edge.
To handicap a race, ALL-Ways uses Handicapping Profiles made up of, generally, four to six of the 71 key handicapping factors. These factors are also weighted based on their Impact Values .. a measure of how predictive the factors are. ALL-Ways uses these Handicapping Profiles with weighted factors to determine its selections and to generate an oddsline. This oddsline is what enables you to spot overlays . horses under bet by the public .. the real value plays.
ALL-Ways comes with fifteen default Handicapping Profiles so you can use ALL-Ways, very effectively, "right out of the box". You will continue to use these Handicapping Profiles until you build up your Race Database for a track a little bit . to about 60 races or so. Once you reach this level, which only takes a few days, you will click the Multiple Regression Analysis (MRA) Default button in the ALL-Ways Analysis Module and ALL-Ways will automatically create new default Handicapping Profiles that are keyed to the specific races run at the specific track. MRA generated Handicapping Profiles are incredibly powerful for two reasons:
- Multiple Regression Analysis is an advanced statistical methodology that identifies which handicapping factors work best in combination with each other for each type of race run at each track you handicap.
- Because of the clever way we implemented MRA, MRA generated Handicapping Profiles identify the most likely place and show horses as well as the win horse.
Let's stop a moment and review what we have learned.
- Handicapping a race card is a simple four step process that is both easy and fast.
- ALL-Ways has 71 comprehensive Handicapping Factors, most of which are not available to the general public.
- ALL-Ways uses Handicapping Profiles made up of 4 to 6 of these handicapping factors that are weighted by their Impact Values.
- You will use the default Handicapping Profiles supplied with ALL-Ways for a few days of handicapping. Then you will click the Multiple Regression Analysis button to automatically create powerful Handicapping Profiles that are keyed to the specific kinds of races run at the specific tracks you handicap and that find the place and show horses as well as win horses.
Note: In addition to using Multiple Regression Analysis to automatically create new Handicapping Profiles, ALL-Ways also provides you with a very simple way to create your own custom Handicapping Profiles. Many ALL-Ways users like this flexibility because it allows them to select their own handicapping factors and Impact Values to use in a Handicapping Profile. It is also a lot of fun.
You could stop right here and do exceedingly well at the track with ALL-Ways. You are, at this point, armed with the most powerful handicapping and wagering information in the business.
But, there is more! We would like to take you a little further to explore the power of the ALL-Ways Analysis Module.
The Incredible Power of the ALL-Ways Analysis Module
There are seven functions in the ALL-Ways Analysis Module:
- Top Three Analysis
- Impact Value Analysis
- Multiple Regression Analysis - Default
- Multiple Regression Analysis - Pace
- Multiple Regression Analysis - Custom
- Database Run Analysis (Handicapping Profile Evaluation)
- Database Run Analysis (Track Payoff Analysis)
All five of these functions use the Race Database that ALL-Ways automatically builds for each track you handicap. The first thing you do when the Analysis Module starts up is to enter the track code for the track you want to analyze. For example, if you enter the track code for Hollywood Park, which is "HOL", all of the analysis functions will be specifically for Hollywood Park. Isolating the analysis to a specific track is a major, incredibly powerful feature of ALL-Ways. Most other handicapping software does not differentiate between tracks. Well, we know that what works at one track does not necessarily work at another track. Our studies show that Handicapping Profiles created for one track do not travel well to another track but do travel extremely well from year-to-year at the same track. What we are saying is that for any handicapping methodology to be effective, it absolutely must be tailored to each specific track. In this age of simulcasting, it is imperative for handicapping software to be track specific. ALL-Ways is such software.
Just as different tracks must be handicapped differently, so must different races be handicapped differently. To state the obvious, sprints are fundamentally different than routes, turf races are fundamentally different than dirt races, and maiden races are fundamentally different than non-maiden races (See our April, 1997 newsletter.). Now lets state some race types that may not be so obvious. Allowance races are different than claiming races. Seven-furlong sprints are different than 6-furlong sprints. Maiden races for two-year-olds are different than maiden races for three-year-olds. Races with multiple front-running style horses are different than races with only one front runner. Races for higher-class horses are different than races for lower level horses. We could keep going on and on, but we think the point is made. To be effective, not only must handicapping software be able to be tuned to a specific track, it must also be able to be tuned to specific race types run at the specific track. ALL-Ways is such software.
ALL-Ways Analysis Module Race Screens
Before you run an ALL-Ways' analysis report, you set the Race Screens to tell ALL-Ways which races you want it to analyze. There are nine different Race Screens. All you do is click the appropriate buttons. The nine Race Screens are:
- Surface (dirt or turf)
- Condition (dry/firm or off track)
- Distance (any distance(s) between 4 1/2 furlongs and 1 1/2 miles)
- Race Type (maiden, claiming, allowance, etc.)
- Race Shape (fast early, lone early, honest, slow, etc.)
- Age and Sex Restrictions (2 year olds, 3 and up female, etc.)
- Race Rating (BRIS Race Rating which is a race class rating)
- Race Winner's Win Payoff (great for isolating long shots)
- Before and After Date Cutoffs (a convenient point-and-click calendar)
These Race Screens can be used individually or in any combination. For example, if you want to know what is winning turf route allowance races carded for 3 year and up males and females where there is a lot of early speed in the race, just set the Race Screens and run the analysis.
There is also a special race screen that allows you to individually analyze the inner or main dirt tracks at Aqueduct or the inner and main turf tracks at Belmont and Saratoga.
Once you have set the race screens, you simply tell ALL-Ways what analysis you want to run by clicking a button. Here are the possibilities:
Top Three Analysis
This shows the percentages of races won by the top ranked horse, the top two ranked horses and the top three ranked horses for each of the 71 handicapping factors. There is also a report for place horses and show horses. This is a great analysis for determining how to isolate contenders and how to find the place and show horses.
Impact Value Analysis
Using Quirin Impact Values, this report shows the power of each of the 71 handicapping factors to find winning horses. It also shows you the flat $2 win bet profitability of each handicapping factor. New in Version 7.0, now you can run an Impact Value Analysis report for place horses and for show horses.
MRA Default
Click this button and ALL-Ways automatically creates new Default Handicapping Profiles that are keyed to the specific track and to specific race types. A set of Handicapping Profiles are automatically created for non-maiden dirt sprints, non-maiden dirt routes, turf races, maiden dirt sprints and maiden dirt routes. Each of these five sets has a non-pace biased profile, an early biased profile and a late biased profile for a total of 15 MRA Default Handicapping Profiles.
MRA Pace
Click this button and ALL-Ways will automatically create Handicapping Profiles based on Race Pace Shapes. This handicapping methodology has proven to be incredibly powerful. You should read the article on Race Pace Shapes that was installed along with ALL-Ways software.
MRA Custom (Professional Edition only)
Click this button and ALL-Ways will automatically create a Handicapping Profile for the specific races that match your race screens. Want to create a long shot profile for maiden dirt sprints carded for 3 year olds only? No problem! Just set the race screens and then click the MRA Custom button. New in Version 7.0, now you can automatically create MRA Custom profiles for place and for show horses as well as win horses.
Database Run Analysis (Handicapping Profile Evaluation)
This analysis automatically handicaps all the races in your Race Database for a track using the Handicapping Profiles you select and then shows you how well each Handicapping Profile works. You see how each of the top four picks of each profile finished in the races along with the win percentage, average mutuel payoff and return on investment percentage. It also shows you the results of dozens of different combination bets for Exactas, Trifectas, Doubles and Pick 3s. In other word, this analysis shows you how well each Handicapping Profile works and shows you the optimum combination wagers for your exotic plays.
Database Run Analysis (Handicapping Profile Evaluation)
This analysis shows you the average win, Exacta and Trifecta payoffs for virtually every type of race run at the track being analyzed. This is a very powerful feature that helps you determine which kind of races to play and even which tracks to play.
Summary
ALL-Ways gives you 71 key handicapping factors, most of which are not in the hands of the race going public. ALL-Ways knows what combination of handicapping factors to use and how to weight them for every type of race run at every track you play. In other words, ALL-Ways is both track and race type specific. All of this can be handled automatically by ALL-Ways for you. Or, you can take complete control. Whichever way you approach it, ALL-Ways will save you time, your handicapping will improve, your wagering will improve and you will have a whole lot of fun in the process.
GOOD HANDICAPPING!
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