Yes, exactly right! When he's on a lone frontrunner, esp. turf, he's usually fine. I might try your two point penalty system. Ultimately, I feel you just handicap the race and play what you figure, but he can drive you nuts!

900K! That's one you never forget. I've had a few pick six stories but not that big. Once there was about 150K in the pool and everyone was knocked out, and I had 5 horses out of twelve in the last leg, a maiden turf race at Hollywood. My horses ran second through sixth! NicK Hines beat me with a first time starter named Poker Money. I don't think the horse ever ran another race after that, but that day he was good enough.