The process of handicapping is where you try to identify likely winners that are over priced. To do this
you will take into account a range of factors. The example I use here is a simple one, where we will
just try to identify the likely winner and then track the performance to see if it is profitable.
Look at the horses last two runs and add both numbers together. For L or R use the number ten.
For P, F or B use five. So, a horse that finished first on it’s last run and seventh on it’s penultimate
start, 1 + 7 = 8. Deduct this number from 21. The horse in the example would then have a rating
of 13. A horse that had two last finishing positions FF would have a rating of; 21 - (5 + 5) = 11
