Hermes,

I think the answer to that is that horse racing is too unpredictable to ever expect more than 30% winners if you take a "pick the winner" approach. One of the big problems is that any system must be based on predicting the future events based on what has happened in the past - we all know that that doesn't always work! You are always going to get winners who have vastly improved on their previous efforts that systems will usually miss (usually the really good paying ones!). Also you often get horses that should win on paper but run like they are carrying 100kg. And of course there are horses like those that Equine Investor follows where their true ability is not reflected in the recent results - again any system based purely on these statistics will generally miss these horses.

This is why I believe that to be successful you must try to look for Overs rather than trying to pick the absolute winner - find those horses that have a better chance of winning than the odds that are on offer. Picking the winners 30% of the time will send you broke when the average div is only $2.50. If you can find the horses paying $8 when they should be $5, or $15 when they should be $10 or $20 instead of $15 then you can make money - of course you wont win every race, or even every day but you will win in the long run.

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"Computers can do that????" - Homer Simpson