One of the ways to improve a betting strategy is to incorporate into your model the available odds for a race (especially near to the off), as the odds will to

One of the ways to improve a betting strategy is to incorporate into your model the available odds for a race (especially near to the off), as the odds will to some extent reflect the hidden knowledge of other participants... Benter used this himself, as detailed in his paper 'Computer Based Horse Race Handicapping and Wagering Systems: A Report' - https://www.gwern.net/docs/statistics/decision/1994-benter.pdf https://www.gwern.net/docs/statistics/decision/1994-benter.p...