Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Register FAQ Members List Calendar Today's Posts

Reply
 
Thread Tools Display Modes
  #1  
Old 06-20-2009, 05:46 PM
pktruckdriver pktruckdriver is offline
Pimlico
 
Join Date: Aug 2008
Posts: 53
Default Rags To Riches, Today?

Rags to Riches, in the game of horse racing, is it still done today?



Recently I decided to make an attempt to play the horses for profit, not really sure how far it could go, and relied on others to help me make my decision, and this board played a big part too. I decided to find a tool to help me pick winners, a software program, one that was highly touted as one of the best, but it was a tool, meaning that I needed to learn how to use the tool , in order to make it work right, which is pick winning horses, thus helping me to profit, well that was a mistake, and losta money later, I am told that the this tool may not work for me, after a year of learning and investing time and money, for me a lot of money, but that is not the issue here, as with every tool in this game one can waste money trying to beat this game, and beating it means to profit, your ROI, must show positive results, and show them for long period of time, like a year or a meet, as they say in this biz, which many believe can not be done, and I still do not believe those people.



That is right I feel that winning at the horses can still be done, and profit is definitely a real expectation, that can be met, why not?



You see that the previous tool I used before was not the only wasted money I tried and used before in this business, as I too have used the so called " Pick Services ", and spent less than the other tool, which did not really ever show a true profit, but at times the Pick Services went on a streak and I made some money, but being a small time player, rarely making 20 win bets, or betting more than 200 a day, my profit then was small, and I then proceeded to blow the winnings on bills and such , and that was where I got the idea this game was playable and beatable with the right tools to help you find the winners, your handicapping skills, basically dictated whether you would win or lose, so , I thought...



Now I have heard many time if you want become a millionaire playing the horses, then start with 10 million, that may be true, but if I had 10 million , then I would not be so worked up over beating this game as I must have beaten something to have 10 million, no? But I do not , so let us move on, and this post will have a few part to it, one being my story and how sad it is , and then one part where I would like to hear from those who made it with the horses and are making a very comfortable living in a horse related business, such as a Pick Service , or Software , or Books, or maybe even playing and winning a pick 6 or huge super, or many of them, I would like to hear form you.





1. Have you made a living from your "Pick Service" and mind sharing how you got started and how you see the future for your business, and maybe what got you started in this business, if you don't mind sharing with us, please. I will not go into how someone can make tons of money selling you halve the field as their picks, yet people keep coming back, as a lot of services give the top 4 picks, which is halve the field in the average race of 8 runners, how bout giving out 1 or 2 picks instead. Notice how they give out 4 picks and then go back a show how they hit the winner and ex/tri and super too, if you only boxed everything for a Zillion dollars, and then it paid only a hundred, sorry, sore note here too.



2. Software programmers, are you making a living as this business seemed to have boomed lately , and yes it may have tapered off, but some have been in this business for awhile and others tried and faded away quietly. Would those who succeed be willing to speak on your success of your business, or the hardship of it, and the reasons why, either way. I know my tool provider is successful, though I was not, oh well, and for this reason I know this business can generate some good income from the horses, because I spent a good amount trying to find a software program to work for me, and I did not , but I am still looking and may have found a new one that does not cost as much, no where near what I been paying, but the place where they all do get you is in the Data for the program, the PP's and Results, as it seems the providers of that info is where the true money making is at, over 100.00 a month on average for your data, no matter what program you use, but then if you used the DRF paper edition, yeah the old fashioned thing, we all called "The Form" , it too would cost you plenty to get each race day, and if you played many tracks then it cost even more. Wow did I get carried away again, and get way off course, sorry, I get passionate about this topic, and man it just comes flowing out onto the keyboard, the frustration, the time and money wasted and I get fed up with it, sorry.



3. The data providers, what had you seen that made you start out in this business, and for you, everyday is a winning day, for you picking winners does not matter, you just provide the data needed by all the tools out there, congrats on finding a niche to fill, you all seem to be doing well, and have plenty of different software's using different providers, so to me it seems the data business is been spread around nicely to accommodate everyone, a rare feat if I may so, no one really trying to eat up all the others, it seems you all coincide just nicely, so how did you get started, was it like Bill Gates out of his garage for a few bucks and now has the biggest company, please let us know, thanks. This was what I should'a done, as it is fool proof, at least to me, maybe it's not thou.



4. Authors, those who wrote the best read books, how did you get started out writing these best-selling books, you Beyer's and Crist, and Jim Mazur, who's he, big time at DRF thou, and there are many many more, do they profit from these ventures, they range from Money Management to Pace and Speed and all things considered worth knowing for picking and winning at the Horses. Maybe a few of you could tell us what got you started in this and why you decided to write a book or many books for that matter, is ther a living in it, be honest now, do not worry I will take your spot away from you, as I am only GED educated, not properly schooled, so I can't write books, only long posts on forum boards, but the thought has crossed my mind thou, but what to write about, the pitfalls associated with Horse Playing, all the wrong turns one could make, trust me on this one I made them all, and most likely wiil continue to do so, I hope not , and actually feel very comfy where i am now, but speaking from past experience, there are money grabbers at all corners in this business, and one could get pulled into any of them very easily, I did , and most of you probally did too, and if not then congrats to you, really, and I do hope you help others from falling prey to them. But then in this business what works for you may not work for them, etc..., that is BS to me, either it picks winners, or gives out winners or it does not. But here is where I must reel myself in because I could go on a really big tangent here about this subject, but will not, not now anyway.



5. Owners/Claimers , just like other investments, are there many out there beating the odds and accomplishing profitablilty year after profitable year? Is claiming horses a money making business or just a tax write off for the truly rich? I hear about people finding that gem among the claimer ranks and they go on to riches, it happens every year no, ??. Who was it this year the principle from Lousiville, a 40k horse wins G1 , is that not Rags to Riches, let us hear from you guys or gals , about your best and biggest find among the claimers, and the reason why you found this horse, by good hard work or a mistake, but prize money for G1's are very very good, and making a million daollars today is not that hard either is it, but some say the really big money is in the breeding end of things, so do many claimers buy the right horse for breeding and hit the joackpot that way too, how bout your story.





6. Now the Handicappers, you have the Pro's and then the amatuer's, the retiree's and the hope and prayer's, and all those in between. In this area, it is where I feel I could make a break thru, but I feel that I have not choosen the right tool to help me get there, I thought I did but it turns out I did not, and a year of watsted time and more importantly money, being dragged along , with this and that, and I FELL FOR IT, yep I did, but this about another subject, picking big time tickets, or picking consistent winners, and showing the all powerful positive ROI, what others claim can not be done. I think it can be done and there are many doing it everyday, go to your track and you will see them, they really are not hard to find. Then there are those that get really good at picking exotic bets and hitting them frenquently enough to make huge profits, such as the pick 3 and pick 4, superfecta's, now with dime super's, being able to sweep the pools are much more possible and being done every week, and maybe everyday, these payout are huge. Then you have the big racedays, The biggest the Ky. Derby where it is home to life changing payout almost each year, jst look at the super the last few years, and with BB as the fav it still paid 58k 2 years ago, that is riches for me, takes me right out of debt and into the green, but those hits are made higher profile hits and races, but even smaller days on weekends at the bigger tracks they have plenty of 3-5k payouts as well as 30-50k super payouts, plus many high pick 4 payouts and pick6's pay too much sometimes, like the 3 million last year at Socal, man that is better than the lottery or is it, the IRS takes out a lot of it. So how about hearing from the regulars making a living at this game and those who have hit life changing payoffs, and what you did with them and those who hit more than one, and even those who go hunting for them, how do you do it and what helps you win? Lets us hear from you please.







7. What have I left out, please fill in blanks for me and lets us hear how you made money on this game of horses. Did you start a truck horse hauling business from one truck and now own 100 and you never have to work again, something like that maybe. Or a website you started and have had great success with Bossman at PA, Steve you too, big congrats to you for a job well done, tell us your story, again I know.





I am asking this info because lately I was told that I could not win and would never be able to, it pissed me off to no ends, especailly after all the effort I put into this and was strung along with this and then that, and if I did this and that, then I would make profits, now I am told nope you can't do it, it's not for you, that hurts, poor people can not make it in this business of horses, no way, BS I say, yet maybe I could still continue trying and paying for this and that and then 5 years later still waiting for the right tool to come along, well I hear the next best thing is here but not for me, how would you take to that, not to well , but then I really admire the Honesty, finally, yes finally, after a year, and much $$ spent trying, I am told nope not for you, but we could still keep trying, and you could still keep spending your very very hard to come by money trying to find a system that works, as others are doing apparently, and I believe they are, but I am not, and I am worried about me , not them, wouldn't you be?? So lets hear about all those who took a 500 bankroll and built an empire on it or hit that big one, or what ever else may have happend in this business of Horse's. I refuse to be told I can not make it work, I refuse to be told I can not hit the big one, and I refuse to be told I am not smart enough or have the right attitude, right frame of mind, the money required, the knowledge, as I think they are all full of BS, I am determined to win and keep looking till I do, and being told I can't pissess me off, sorry about this, but I feel a little better now, but I still need to win.



Patrick

This post is also on another board, but then again these 2 boards are a little different so I thought why not out it on both, and see what happens.
Reply With Quote
  #2  
Old 06-20-2009, 05:49 PM
robfla robfla is offline
Calder Race Course
 
Join Date: Mar 2007
Location: Strategically between Calder and Gulfstream
Posts: 1,892
Default

Holy Sh1t. Did you actually type all this out?
Reply With Quote
  #3  
Old 06-20-2009, 05:56 PM
pktruckdriver pktruckdriver is offline
Pimlico
 
Join Date: Aug 2008
Posts: 53
Default

Well if I had your avatar, I would have other things to do , but yes I was PO'ed and it shows.

Patrick
Reply With Quote
  #4  
Old 06-20-2009, 05:59 PM
SniperSB23 SniperSB23 is offline
Hialeah Park
 
Join Date: Jun 2006
Location: Albany, NY
Posts: 6,086
Default

Reply With Quote
  #5  
Old 06-20-2009, 06:44 PM
the_fat_man's Avatar
the_fat_man the_fat_man is offline
Atlantic City Race Course
 
Join Date: Mar 2007
Posts: 4,676
Default

Ok

Which one of you MOFO's here is selling handicapping programs?
Reply With Quote
  #6  
Old 06-20-2009, 07:04 PM
eajinabi's Avatar
eajinabi eajinabi is offline
Churchill Downs
 
Join Date: Jun 2006
Posts: 1,755
Default

I thought this post was about the horse Rags to Riches
Reply With Quote
  #7  
Old 06-20-2009, 07:15 PM
geeker2's Avatar
geeker2 geeker2 is offline
Hialeah Park
 
Join Date: Apr 2007
Location: San Diego
Posts: 6,235
Default

Maybe one shroom was enough Patrick....
__________________
We've Gone Delirious
Reply With Quote
  #8  
Old 06-20-2009, 07:24 PM
cowgirlintexas's Avatar
cowgirlintexas cowgirlintexas is offline
Santa Anita
 
Join Date: Mar 2007
Location: Mortyville, USA
Posts: 3,077
Default

Quote:
Originally Posted by eajinabi
I thought this post was about the horse Rags to Riches
Me too
Reply With Quote
  #9  
Old 06-20-2009, 07:44 PM
Storm Cadet's Avatar
Storm Cadet Storm Cadet is offline
Gulfstream Park
 
Join Date: Jun 2006
Location: Long Island, NY
Posts: 1,154
Default

Quote:
Originally Posted by eajinabi
I thought this post was about the horse Rags to Riches
It wasn't?
__________________
The decisions you make today...dictate the life you'll lead tomorrow!

http://<b>http://www.facebook.com/pr...ef=profile</b>
Reply With Quote
  #10  
Old 06-20-2009, 09:58 PM
pgardn
 
Posts: n/a
Default

Quote:
Originally Posted by eajinabi
I thought this post was about the horse Rags to Riches
Maybe Poor to Wealthy thru horses?

And maybe not...

Maybe Patrick is after the Fat Charts?

And maybe not...
Reply With Quote
  #11  
Old 06-20-2009, 09:42 PM
Bobby Fischer's Avatar
Bobby Fischer Bobby Fischer is offline
Oaklawn
 
Join Date: Apr 2007
Posts: 2,401
Default

Quote:
Originally Posted by pktruckdriver
Rags to Riches, in the game of horse racing, is it still done today?



So lets hear about all those who took a 500 bankroll and built an empire on it or hit that big one, or what ever else may have happend in this business of Horse's. I refuse to be told I can not make it work, I refuse to be told I can not hit the big one, and I refuse to be told I am not smart enough or have the right attitude, right frame of mind, the money required, the knowledge, as I think they are all full of BS, I am determined to win and keep looking till I do, and being told I can't pissess me off, sorry about this, but I feel a little better now, but I still need to win.



Patrick
If you want to hear a racing yarn, I always like Art Rooney Sr's :


On July 8, 1933, Art Rooney Sr. paid the $2,500 NFL franchise fee founding the Pittsburgh Pirates (they were renamed the Steelers in 1940), allegedly from racetrack winnings. Being raised above his father’s saloon on Pittsburgh’s North Side, Rooney was no stranger to bookies and horse players, and apparently demonstrated significant prowess as horse player. The franchise fee story has become legend, but it was a much bigger score in August 1936 that allowed the team to remain in the black (and gold).

The Chief’s son Art Rooney Jr., in his 2008 self-published book Ruanaidh (Gaelic spelling of “Rooney”), discusses those two fateful days in 1936:

“AJR was born to play the horses…in 1936, in two days at two tracks in New York, he made a killing that people talked about for years. Talked about and wrote about. Joseph Madden, a New York saloonkeeper with literary aspirations, was the first to record the details. They appeared in his book of memoirs, “Set ‘Em Up.” Under the caption “Rooney’s Ride,” John Lardner re-told the story in his Newsweek column. Other accounts followed, all describing how AJR picked as many as eleven straight winners in that two-day spree and won an indeterminate amount of money which may have totaled upwards of $380,000. Roy Blount, in his book about the Steelers and the Rooneys, said it was ‘probably the greatest individual performance in the history of American horse-playing.’ Nobody since has disagreed.” (p. 37)


Art Rooney’s winning streak began on an August Saturday afternoon at the Empire City track (later Yonkers harness track, which his sons purchased in 1972), and ended upstate on Monday at Saratoga. Rooney’s first bet was $8,000 on 8-1 longshot Quel Jeu (the then-six-year-old 1932 Remsen Handicap winner eventually won 25 races in 140 lifetime starts) who won in a photo finish, and it was the first of five long-shots he hit among his seven (on an eight-race card) winners. Exactly how much money Art Rooney won that day hasn’t been revealed, although every source agrees it was in excess of $100,000. In his book My Turf, Bill Nack quotes Saratoga bookmaker Reggie Halpern who claims, “Art Rooney won six straight races here and walked out of the betting ring with $105,000. I know. I took some of the action.” (p. 25)

However, in his book Art Rooney Jr. says:

“Madden and Lardner wrote that AJR cleared $256,000 at Saratoga that day. AJR told me it was more, but did not say precisely how much more. A friend of his, the director of racing at our Yonkers track, put the figure at $380,000. Other estimates are higher. Whatever he won, and the officials at Saratoga offered him a Brink’s armored truck to carry the money back to New York City, he won it at a time when working men were supporting wives and children on as little as twenty dollars a week.” (p. 38)


It wasn’t to be the last of Rooney’s big scores. As Gene over at EquiSpace noted recently, Time magazine reported on a $100,000 score at Aqueduct in September 1937 (although the Temple University Libraries Urban Archives reports the figure was $300,000—a photo of Rooney at the track is viewable here).

With his race track winnings, Art Rooney kept his financially-struggling football franchise afloat—the 1930s Pirates never had a winning season, and it wasn’t until 1974 that they won their first championship. In his essay on Rooney, sports historian Bob Ruck mentions that the Steelers’ early difficulties may even have been attributable in part to The Chief’s love of horse racing, as Rooney admitted:

“Although I understood the football business as well as anybody in the league, I didn’t pay the attention to the business that some of the other owners gave it. I was out of town a great deal of the time, at the racetracks. With me, the racetrack was a big business. And generally I’d have a head coach who was like me—he’d like the races.” (pp. 256-257)


The quintessential Irishman—who also loved boxing in addition to horse racing—Art Rooney had a wonderful sense of perspective and good humor. The Post-Gazette article relays the following example:

“According to one story, a priest came and asked Rooney for money to help start a Catholic orphanage. Rooney peeled off $10,000 and handed it to the priest, who asked, ‘Are these ill-gotten gains?’

‘Why no, father, I won that money at the race track,’ Rooney said.”
Reply With Quote
  #12  
Old 06-20-2009, 10:00 PM
Bobby Fischer's Avatar
Bobby Fischer Bobby Fischer is offline
Oaklawn
 
Join Date: Apr 2007
Posts: 2,401
Default

trying to make a profit at horse racing is something you kind of have to appreciate the journey almost as much as whether you reach your goal.

It should be a challenge that is stimulating to you and where you are constantly improving and learning and growing. - And if you aren't, you may need some time off to refresh.

beware of paying for services, touts , systems, software etc...
It is all overhead.
selecting horses is less important than selecting races. Knowledge of how the pari-mutuel system works is more valuable than knowing how a software program works.
Reply With Quote
  #13  
Old 06-20-2009, 10:48 PM
geeker2's Avatar
geeker2 geeker2 is offline
Hialeah Park
 
Join Date: Apr 2007
Location: San Diego
Posts: 6,235
Default

Quote:
Originally Posted by Cardus
The depth of despair runs much deeper than I thought it could.
I was in NYC-Upper Eastside last weekend....I saw Able Vigoda running to catch a bus...
__________________
We've Gone Delirious
Reply With Quote
  #14  
Old 06-20-2009, 11:09 PM
geeker2's Avatar
geeker2 geeker2 is offline
Hialeah Park
 
Join Date: Apr 2007
Location: San Diego
Posts: 6,235
Default

Quote:
Originally Posted by Cardus
It wasn't him...

He is alive and he lives in Manhatttan - and it sure looked exactly like him...
__________________
We've Gone Delirious
Reply With Quote
  #15  
Old 06-20-2009, 09:43 PM
Siena 16 Siena 16 is offline
Sunshine Park
 
Join Date: Aug 2006
Location: Brooklyn NY
Posts: 88
Default Hard Work

There is no substitute for hard work in this game. And based on your Post you have no problem with that.
Reply With Quote
  #16  
Old 06-20-2009, 09:46 PM
geeker2's Avatar
geeker2 geeker2 is offline
Hialeah Park
 
Join Date: Apr 2007
Location: San Diego
Posts: 6,235
Default

now I need a shroom.....
__________________
We've Gone Delirious
Reply With Quote
  #17  
Old 06-21-2009, 12:06 AM
the_fat_man's Avatar
the_fat_man the_fat_man is offline
Atlantic City Race Course
 
Join Date: Mar 2007
Posts: 4,676
Default

Quote:
Originally Posted by Siena 16
There is no substitute for hard work in this game. And based on your Post you have no problem with that.
How exactly do you come to conclude the latter part?
Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 01:58 PM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.