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By Mary Perdue Lady at the Track Heavy rain over the weekend thanks to Tropical Depression Gordon, including a flash flood warning for central Kentucky, will delay the start time for first four sessions of the the annual Keeneland September Yearling Sale marathon for two hours, allowing prospective buyers additional time to inspect the youngsters on offer while also allowing everything and everyone to dry out a bit. Despite the delay, buyers and consigners alike are looking forward to the early sessions for a number of reasons, not the least of which are the expected high prices paid for the

As most people know — or should know — successful betting is all about finding inefficiencies in the market. Speculative markets are generally efficient — meaning they reflect all that is known and can be analyzed relatively well. As one of the founding fathers of the Efficient-Market Hypothesis (EMH), Eugene Fama, noted in Foundations of Finance, “The prices of securities observed at any time are based on ‘correct’ evaluation of all information available at that time. In an efficient market, prices ‘fully reflect’ available information.” If this is true — and there is good evidence to suggest that it is

I’m asked all the time if I think it’s possible to make a living at the racetrack and whether or not I believe I can do it. My answer to both questions is “yes,” provided that “make a living” is assigned a realistic numerical value (somewhere between $40K and $100K for those with a modest starting bankroll). However, I hold this optimistic view only for those who thoroughly understand the mathematics of the game. For example: Ask any horseplayer what is more important, a high win percentage or a high return on investment (ROI), and the answer will invariably be

Instead of concentrating on just one race this week, I thought I would offer my thoughts on several of the bigger races taking place this weekend. I think it’s clear that the place to be on Saturday — especially if you like turf racing — is Kentucky Downs, where four Grade III events are on tap, but I wanted to go to the Windy City of Chicago, where the youngsters take center stage with the running of the Arlington-Washington Stakes and the Arlington-Washington Lassie Stakes. Both events are for two-year-olds at seven furlongs, with the latter restricted to fillies. 8th Arlington Park

The 2018 National Football League (regular) season is upon us. Sure, pulling weeds this summer was quite exciting, but nothing can quite fill the void left by the NFL’s hiatus. I admit that, at times during the offseason, I would imagine announcer Joe Buck staring at his broadcast partner Troy Aikman — and it didn’t even make me uncomfortable like it does in real life… well, maybe just a little. I know some people get really excited by the NFL draft and watch all the preseason games like they’re a paid scout, but I’m not that guy. To me, the

Originally posted on Aug. 24, 2018 Originally posted on Aug. 17, 2018