A day at the races, with its colorful variety and fast-paced
action, appeals to people from all walks of life. Not surprisingly,
the idea of going home with a few more dollars than when one
arrived is part of horseracing's charm. In this entertaining but
substantive volume, two distinguished economists, who happen to be
horseracing buffs, outline a tested strategy for placing bets that
will increase the reader's chances of a happy outcome at the
track.
The authors are the first to point out that getting rich at the
racetrack is unlikely. They do maintain, however, that with
attention to their systematic approach, the racing fan can achieve
the best possible chance at winning. In the process, the reader
learns some of the most important measurement techniques in the
social sciences, as well as the basic methods of market
analysis.
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