Josephus and Jerry,

thanks for the responses.

Jerry,

I guess point 4 is where I just can't rationalize your conclusion. Perhaps from your perspective, this isn't about "picking winners" and more about "internal logic" and "accurate numbers". But I am sure you realize that your customer base (the gamblers, not the owners), use the product for a different reason. I am not just referring to the ROTW, you have made your point clear about the purpose of it. I am also referring to the analysis product. I doubt anybody has spent as much time as I have tracking the redboard room since July 1 and calculating the results.

And let me make it clear on the analysis product. I am not criticizing the product. What I am saying is that if I consider a few things:

1. Horse raciing is your profession. I have a different one, which consumes about 60 hour per week for me. So, I submit you know more than I do about horses.

2. You have been doing this a long time.

3. You probably have access to a ton more information than I do, through contacts, etc.etc.

4. You still return a pretty poor result with your handicapping product.

I know the takeout in this game is ridiculous. I am a very big gambler and my bets are 70/30 team sports versus horses and it is no accident that in 6 of the last 7 years, the results for me were better in sports than horses. The take out is a killer. I lay -105 on football and hoops, -104 on bases, and the takeout is 16 to 25 percent on ponies!! Tough game. I have been studying your results since July 1 and using the product as well, to gauge whether it helps. The "six month study" is up on December 31.

As for Rags. I do want to take a look at the product. The problem is that he doesn't make it as easy as you do to gauge his product. I don't see a redboard room or an analysis product. The only option I have is to use the product for a while and see what happens.