From the Desk of Michael Pizzolla
June 13, 2014 9:55 AM
Las Vegas, Nevada
Dear ValueCapper and Friend,
Just wanted to drop you a quick note to say thank you.
The response to the Triple Crown ValueCapping Rants has been so positive, and I’ve appreciated your comments more than I can tell you.
I’ve done my level best to answer each of your emails personally, but in case a few dropped through the email cracks, please accept my sincere thanks.
Perhaps the most rewarding came from someone who doesn’t use any software to do their work. They usually do their work with the Post Time Daily 2.0 past performances.
Their feedback was that the principles of ValueCapping, of looking for value first has been an eye opener. And that it increased his Return On Investment exponentially.
This fellow was almost apologetic that he didn’t use software to crunch the numbers.
My response was that it’s not the tool, but how you use it.
If you use any software, no matter how excellent it is, no matter how easy it makes the whole process, if you use that software as a ‘black box’, or play it mechanically, or use it to construct a ‘paint-by-numbers’ system, you’re in for a long, hard climb.
Ask me how I know.
I spent years of my life in search of such a system. The good news is that I was able to isolate factors, patterns, and situations that produced extraordinary value investments. The bad news was that any of those factors or patterns in isolation did not produce the same level of success.
Finding a good value investment in a race is a complex task. There are so many variables, so many calculations, so many adjustments.
The game has changed with the proliferation of information and good numbers everywhere. We’re flat out playing against a more sophisticated betting public.
So expecting that one factor will beat this betting public day in and day out is like thinking that one can go out after reading a tip in Golf Digest and compete in the U.S. Open.
I use software in my work to make the crunching of numbers, and the spotting of those patterns and situations, easy.
This way, I can focus on the real work-spotting the value investments.
Today, there are 156 races I can play in Las Vegas. Doing each of those races by hand is a daunting task. So, I use software as a way to get the tedious work done in seconds.
Then the work begins!
Speaking of software, I’ve received many questions about the new ValueCapper Software. I must apologize again, as I don’t have a definite release date yet.
This software will make spotting value investments very simple. It also will point out when there’s too much going on in a race and when to exercise caution or pass.
Every tweak, every small change in formula, gets subjected to my personal testing of thousands of races to make sure that the formulas are doing what we expect, and that they are effective.
As you might imagine, this is a very labor intensive task.
But we’re making great progress.
I’m also doing my level best to design the instructional process for the software so that it is not overwhelming, that it can be thorough and complete, yet delivered so that it can be understood in bite-sized segments.
I’m working every single day on it, both doing number-crunching research, and investing with live bets at the race book.
As soon as I have any news on when we can expect the software’s release, I promise to let you know.
I’ve also gotten several questions about when the next Seminar will be. This is dependent on the ValueCapper Software. The software makes so much of what I teach so easy to implement that I want to have the software done before committing to a Seminar.
I promise that as soon as I have dates set, I’ll let you know, and that I’ll give enough lead time so that you can make your travel arrangements, etc.
Thank you again, so much, for allowing me to share my thoughts about this great game, and thank you for your encouragement and support.
Remember to bet only when you sense you have an advantage, and to let the bet make you!