Some results...
 

All,

Here are some results from today :

Cessnock: 17 units bet, return of 35.7 units. Profit 110%
Bendigo : 8 units bet, return of 19.2 units. Profit 140%

I know that 25 bets is not enough to go off but I have only started testing this.
So far so good.

Good Luck

You know i have just realised if I scale each track and distance to a specific rating then there is no need to only pick races that are the same distance as all races will be scaled to today's race.

Thanks for the email Kennedy.

All very interesting...

Ok i got the data i need to scale the dog's MPS by track and distance but it will not be easy and i will update on progress.

data
 

Once you have sufficent data, reprocess each dog's data take particular note of the correlation in the moving avg of each dogs stdev and the number of starts. This variation will give you an idea as to how dogs progress thru their racing career the same applies to horses.

After making the track adjustments to the data the LTD Stdev will become tighter or smaller.

Then your next step is to breakdown each dogs data by track, distance, Box etc and make slight adjustments to the LTD Mean an LTD Stdev based on sufficent data for each dog or by General analysis of the data.
Then run your MCsims once again, your next goal is to rank the dogs and make sure the MCsim probabilities Vs Actual stats are smooth, you don't need them to match the actuals just to have the same variations thru the probability bins

Once you have acheived the smallest variation possible your finished with doing anymore Handicapping...

I got my data and am now doing the odds by scaling the dog's mps by the track, distance and the box they were running from. The standard deviation is much smaller now. But the data I have will only suit victorian tracks, which isnt a worry for me cause victoria has many meetings (at least one per day).

I tried the slope and intercept but I also wanted to see the r squared that it would produce. The results were not good, r square was very low which mean the line does not fit very well so it is of no use.

I know what you mean with the coefficient correlation, try testing each tracks distance combo's, I'm assuming your using Track records as the Fixed point of reference for each track and distance, which isn't the best, but its a good starting point.
You will quickly find distances where they may have been clocking something other then the dogs.

WOOF43,are you rich?
I don't got a clue what your talking about.
It is a foreign language as far as I am concerned.
You must be rich!

You will quickly find distances where they may have been clocking something other then the dogs.[/QUOTE]
Woof,
No one on here will believe you that they sometimes clock the bunny, too many sceptics.

Moeee,
Check on how many runners Gilbert has now and how they finish.

Cheers.