I felt an incredible amount of relief — I now knew that if I stayed true to the rules I had developed, including the ‘clincher’, which of all things turned out to be a unique class formula — something I found in a Walt Owens manuscript from years back. 

Anyway, bottom line from my initial tests is that my system, which I call Profit Maximus, produced wins close to 36% (35.7) of the time and win/place horses close to 55% of the time.  And by no means are the winners all chalk — with an average mutuel of $8.17, you will realize close to a +42% ROI.

Then, I Had Some Second Thoughts, but…

To be honest, I was, as described above, initially highly elated, but then began to think ‘what if I made an error or two in my studies?’    So I tempered my enthusiasm a bit and asked Len Czyzniejewski of RPM Information Systems, who has a huge database, to test it out.  He actually wanted a pretty hefty fee to do so, but said  ‘Look, if it proves out as you have stated, there will be no charge if you permit RPM to market it for you.’

➪Well, OK — I had not considered selling my method, but it would be nice to see some extra dollars that I could add to my bankroll and make larger wagers.  And as it turned out, Len’s test came close to validating my results.  In the letter/report I got from Len he says:

‘Hi Paul – the test (371,000 races) proved valid for profitability and consistency.  The full report is enclosed, but overall we got a slightly lower ROI (+38.7%) and a bit lower average win mutuel ($8.11) but an overall higher win/place average for top contenders (56.6%).’