There are infinitely more ruined INVESTORS than ruined daytraders.

Frankly, how can anyone argue that a Chavez or JV when they are on their game, do not actually move horses up?

Are they winning 4 and 5 races in a day because the agent's dart was extra sharp that card?

Been watching races for over 30 years, and while it's not the key to the kingdom, selective jockycapping will move up your game.

If all the jockeys mounts are overbet, then no, you can't make any money there, but that is a fairly rare occurance.

In fact, Iv'e seen many a time where a HOT jock wins his 3rd or 4th race on the card and it pays MORE than is warranted. Maybe all the wise guys betting against?