Friday, September 25, 2026

The Nomination Is In: The Joe Hirsch Turf Classic Grade 1 at the new Belmont Park (weather permitting)

 

Welcome friends to The Turk Blog, where I handicap turf races and assemble exacta bets.  I've been handicapping for 40 years (I started in 1986 in Saratoga Springs when I spent the summer there studying at the Navy Nuclear Reactors in Ballston Spa), and I've been writing a horse racing blog since September 2008, 18 full years.  I haven't been as active in 2026 as past years, I'm like a circadian bug, I take handicapper "holidays" when I need a break and return when I'm ready.  

Thank you for reading and thank you to the good people at The Thorofan for indulging me.

This is the second weekend of racing at the rebuilt Belmont Park, which reopened September 18 after more than two years dark. The old grandstand — a 1968 concrete structure built for crowds that stopped coming decades ago was torn down and what replaced it is a five-story, 300,000-square-foot building that seats about 10,000 for an ordinary card and expands to 50,000 for the Belmont Stakes (btw- secondary ticket price market averages $550-$1,000 currently!)

The price was $555 million, most of it a $455 million loan from the state approved in 2024. Whether that was a good investment in a sport that has lost a track every seven months since 2000 is a question for another post. I'll note only that the money was spent building something smaller, which is at least an honest read of the audience and I'm hopeful it gives the Turk a modern facility to visit that  I felt was lost when Arlington Park was torn down needlessly.  

The main track is still a mile and a half, the only one of its kind in the country, and there are still two turf courses on 60 acres of new sod. A new one-mile Tapeta synthetic oval was installed to allow year- round racing and gave cover to the political hacks who closed Aqueduct.  

With the fake dirt, a race like this G1 Turf Classic can be transferred if the grass is unfit.  The Turk handicapped a lot of synthetic dirt races over the years as well, and the book isn't written yet on how this track surface will perform.  Stand by! Will this race run on turf, fake dirt or be cancelled or postponed?  We'll get to the weather in a moment.  

Joe Hirsch wrote about horse racing for the Daily Racing Form for 49 years, from 1954 until 2003, and when he retired the sport renamed its fall turf championship after him before he'd been gone a year. That tells you something about how the industry saw him and his loss. 

In many ways, and all due respect to current turf writers, he was the last of a kind: a beat writer who covered racing the way the newspapers of my childhood covered anything, by showing up. He was at the Derby every year for half a century. He founded the National Turf Writers Association in 1959. He wrote five books, including the definitive one on Calumet Farm, and for eleven years in the sixties and seventies he shared a Manhattan apartment with Joe Namath — the quarterback said Hirsch taught him how to dress and how to handle the press.

What made him different from the sportswriters of his time was that he had no interest in being the story. Retired DRF CEO/Editor/Publisher et al Steven Crist called him a global ambassador for the sport and a mentor to two generations of journalists, and when he died in January 2009 at 80, the Racing Museum eventually made him a Pillar of the Turf — a category reserved for people who built the sport, not just covered it.

Nobody writes about racing that way anymore, mostly because nobody employs anyone to. 

Now, the weather.  A nor'easter is a coastal storm that spins up when cold air from Canada meets warm Atlantic water, and it earns the name from the wind that blows in from the northeast, off the ocean.  Long Island takes it on the chin in these sort of conditions, with rain, sustained gusts, tidal flooding, and the storms tend to sit for a day or two rather than blowing through.

There is one arrives Friday evening. The forecast calls for moderate-to-heavy rain through Saturday, with 30-to-50 mph gusts in Nassau County, and the heaviest rain Saturday evening into Sunday. Post time is 5:19. The Turf Classic will be run on the leading edge of the worst of it.

Three things can happen, and I'd handicap (perhaps more accurate than my horse handicapping) them like this:

Run on the turf, yielding or soft:  9-5 that  NYRA doesn't cancel for rain. But these are brand-new courses on brand-new sod, ten days old, and I doubt they'll risk them.

Off the turf to the Tapeta at a mile and three-sixteenths: 6-5. The conditions say so explicitly, and a downgrade to G2 is possible. This would gut the field's distance edge and hand the race to whoever handles synthetic. Pride of Arras won on Polytrack at Kempton last out. El Cordobes is 1-for-2 on it. Far Bridge and Asbury Park have never seen it.

Canceled or postponed: 3-1. NYRA has pulled cards for wind before, and 50 mph is the number where that gets discussed.  If they don't do it for the horses, they should at least consider the fans and the back-of-the-track staff that has to work in it and commute to it.  

Ok, so let's pretend the race will be run.  I am going to assume it's on fake dirt for the purposes of this handicap, since it seems unlikely that the new sod, if heavy, would be safe for the horses or worth putting the horses or course at risk.  

How do I look at horses that have some Timeform, some Beyer?  This is something you will deal with every year as Breeders' Cup approaches.  The weakness is what the two systems measure. Beyer is a time figure. Timeform is a handicapper's judgment of merit, adjusted for weight and age. A horse who beats a good rival in a slow race gets a big Timeform number and would have earned a modest Beyer. The bridge gives you the typical gap, calibrated on two horses. It doesn't give you the gap for any one race.

Three of the seven have been running overseas, and Pride of Arras has never started in North America. Beyer figures don't exist for foreign races, and you can't straight-line compare Timeform and Beyers. 

The DRF prints a Timeform Rating on every foreign line, and that's how I build a correction. Timeform and Beyer are different scales, but two horses in this field have run under both within the last eighteen months. El Cordobes's best Timeform is 115 against a best Beyer of 105. Fort George's is 114 against 101. That's a gap of 10 to 13, so I've subtracted 12 from every Timeform figure and plotted the result as an open diamond. Same recency colors, different shape, so you can see at a glance which marks are measured and which are estimated.  It's small sample sizes with one race, but it's a good quick and dirty, and I've seen it hold up pretty consistently.  

The strength is that the bridge comes from the field itself, not a rule of thumb, and you can check it against the chart. Pride of Arras's last two runs convert to 105,  right where El Cordobes runs.




















Taking a look at some recent video.

15 August 2026; SAR 1 1/2 Miles  Christophe Clement Stakes G1 on Yielding Turf.  


5 September 2026; Kempton (GB) 1 1/2 Miles September Stakes G3 on fake dirt

28 March 2026; GP 1 1/2 Miles Pan America G3 on firm turf.  

5 September 2026; KD 1 1/2 mile Turf Cup G2 on firm turf

While I like to stick to current video, a look at last year's Breeders' Cup Turf gives a look at El Cordobes (Ire) against a big and talented field.  

1 November 2025; DMR 1/1/2 mile Breeders' Cup Turf G1 on firm turf.  

It's a bit of a quandary, I focus on handicapping very analytically and Saturday's race could very well be, in technical terms, a S**t show.  This is how I see the race on artificial dirt.  

I like Far Bridge.  The trainer has won 20% of the time on +180 day layoff, he's got a good pedigree for fake dirt too.  A journeyman in the best way.  El Cordobes (Ire) joins Far Bridge as the top two in the race.  13 months since his last win, a long layoff after a failed Doha trip, I'll like him better next time out.  

My next layer down has Fort George (GB), Program Trading (GB) and Pride of Arras (Ire).  I like Fort George to possibly win and I like Program Trading and Prince of Arras to be in the Trifecta/Superfecta mix with one of them possibly in exacta.  

To my own peril, I'm essentially tossing Minerat Station and Asbury Park.  

I don't read media coverage of horses or races before I handicap as I'm too susceptible to external bias, but here's what DRF is saying about Saturday's race.  

Have fun, stay dry, Turk's Out! 

Thursday, August 6, 2026

The Nomination Is In: The Whitney G1 at Saratoga


Welcome, Friends, to The Turk, a horse racing blog celebrating its 19th year of not being read.  

My primary focus in horse racing is Turf Handicapping and Exacta Bet Construction. That said, I handicapped Dirt racing for the better part of 35 years before I settled on Turf as my niche.  

This year I've been rather quiet with my blog, not that I'm quitting; I'll never truly give up my love of the races and blogging, but every few years I take a pause.  Whenever I return to racing from these "handicapper holidays," I return a bit rusty, but with a renewed sense of enjoyment.  I'm currently on one of these handicapper holidays, but the good people at The Thorofan asked me to share my thoughts on a very loaded Whitney field, and how could I refuse?    

Loaded.  Career Earnings:  Magnitude: $9.6 MM.  White Abarrio: $8.6 MM.  Sovereignty: $6.3 MM. Nitrogen: $2.7 M.  Baeza: $2.2 MM.  Antiquarian and Tiztastic each other: $1.2 MM.  Only one horse in the field below one million in career earnings, 4 YO Forged Steel, sits at $0.4 MM.  

This isn't the sort of race that requires a lot of hand-wringing as a handicapper.  Multiple potential winners exist in this field.  Only one question comes to mind when I look at this field:  Can I find value compelling enough to bet? 

I'm not the sort of horse player that plays for "action"; I no-bet many more races than I actually bet.  What sort of horse player are you?  If you do this long enough, if you invest enough of your hard-earned investment capital into this sport, you have to be able to answer that question.  We've seen so many good players die off, age out, or simply jump to other sports books.  It's a craft; please work at it and think about your strengths and weaknesses. I tend to get a bit nerdy with my analysis, but there are many ways to go about picking winners. 

As I said, I'm a bit rusty, but this race as I will explain (if it is not obvious) is less handicapping and more bet construction.  Win bets with a few horses down the tote board might be worth the investment.  Exacta bets? I would have liked to see a few more 8-to-10-to-1 closers to couple with a speed horse, but you have to work with what you got.  Let's build a base handicap first and then jump to bet construction.

Let's get after it!

First, some videos of interest.

While it was a smaller field, and the track was off a bit, The Stephen Foster G1 might be a good example of how The Whitney will unfold:  Magnitude was hustled out of the gate and took the rail.  White Abbario pressed.  Sovereignty and Baeza laid back and came late, but Magnitude really impressed with a late turn of foot.  


27 June 2026:  CD:  The Stephen Foster Handicap G1;  1 1/8 Miles on Dirt slop.  

4 July 2026: SAR: The Suburban G2; 1 1/4 Miles on Fast Dirt.

5 June 2026: SAR: The Ogden Phipps G1 (F); 1 1/8 Miles on Fast Dirt


I built this chart to try and capture current form on these big Beyers (Dirt Starts only).  The mean is denoted by the vertical tick line, and circles in green are the last three races, and circles in red are older efforts.  I can't say I'm a fan of the idea that Nitrogen is entered here. She clearly loves Saratoga, 3 for 3 with three Graded Stakes wins, two Grade 1s,  including the prestigious Alabama.  Still, these are pretty deep waters for her.  Ortiz jumps off for Magnitude and Velazquez is up. 



























This next chart visualizes the Timeform US Early to Late Pace figures.  It's important to combine this with the eye test, with Magnitude's late speed in The Stephen Foster just as up to the task as the others.  What throws off a horse like Magnitude?  Winning by 9  in the Risen Star and Iowa Derby doesn't help.  Coasting.  Sovereignty cracking to White Abarrio in the Oaklawn Handicap and getting toasted by Baeza up the stretch in the Stephen Foster belies his late speed impregnability.  

Numbers/Figs + Eye Test + Running Lines/Call Positions is the proper way to interpret these athletes.  

































If I had to guess, I'd say the track will be Fast by post time, but some heavy rains are possible Friday.  Check here for track condition/scratches and changes.  For as inefficient as I think of NYS government, NYRA is a pretty well-run website.  




I'm really much more interested as a fan of the sport than as a horseplayer.   If you look at my chart above, you'll see the morning lines add up to 131%.   Two things drive the excess. The first is takeout: New York win pools hold back roughly 16%, so even the final odds on the board will sum to about 119%, not 100%. Pari-mutuel odds are computed after the track's cut comes out of the pool, so they can never sum to 100% by construction. The second is that the linemaker adds cushion on top: he's projecting how the money will fall, and rounding to standard increments (nobody posts 7.3-1), which pushes the total higher still.

If the Turk had more people and access to streaming API data, he'd auto-populate that chart with a column that compared the Adjusted Morning Line to the Fair Odds to the Actual Betting Odds.  Until the powers that be in horse racing stop overcharging for data streams, that won't happen, and it's not worth the effort to do for the blog, but I absolutely do it at the track.  I literally just sit there right up until post, comparing my fair line to betting odds.  That's what you need to do to find value!

Worth noting, Tiztastic at 1.0% and Forged Steel at 2.0% imply 100-1 and 48-1. In a field this small, with no first-time starters and every runner graded-stakes placed, almost nothing is truly a 1% chance. A bad trip for three horses ahead of you gets a live longshot into the picture more often than that. Squeezing the tail is also what funds the top-heavy numbers: Turk's top three combine for 84.1% (win odds) against the public's 63.2%. While I don't disagree and know what I did with the fair odds,  I just don't feel the need to take into account the 3 times in one hundred that one of those two horses would run and win this race in a simulation.  

If you're really nerdy, I take some shortcuts with my Turk Fair Line that I've never really explained. Let's explore the math.  



















The Turk takes the Morning Line and creates an Adjusted Morning Line, which proportions each horse to fit within a 0-100% scale.  There are other ways to do this.

  • Turk's Adjusted ML Method: Proportional takes the same percentage off everyone — 23.7% of each horse's raw number. Simple, always valid, and it's what most people use.

  • Additive takes the same number of points off everyone: 3.89 each (31.13/8). But the problem is, Tiztastic goes negative, which is why nobody uses it on a 131% line with a long tail of marginally poor runners. 

  • Power solves for the exponent k that makes the total hit 100.  In this example,  k = 1.173. Because raising a small number to a power above 1 shrinks it harder than a large one, the tail absorbs more of the vig. Tiztastic goes from 39-1 under your method to 55-1.

  • Shin (Professor Hyun Song Shin- for another Turk rambling day) models the line as containing some fraction of informed money — z = 4.84% here — and backs that out. It hits the tail hardest of all: Tiztastic at 75-1.


Power and Shin are better suited for horse racing because of the favorite–longshot bias.  Bettors systematically overbet longshots and underbet favorites, so a longshot's posted price carries more of the margin than a favorite's. Both methods capture that.  

Proportional (what the Turk does) assumes the margin is spread evenly, which the empirical record says it isn't.

Proportional makes longshots look more likely than the public really thinks. The Turk's adjusted column says the public gives Tiztastic 2.46%; Shin says the public's real opinion will be closer to 1.3%. 

How I adjust for this, and where I say I'm cutting corners, is when I buold my Fair Line odds table and apply a Shin-like adjustment mentally (again, the back office of monkeys is just me), so the 1.0% on Tiztastic isn't as far off the public as Proportional suggests.  

This goes both ways, as Turk's fair line 33.3% on Magnitude looked like a big edge over the adjusted 27.24%. Against Power 29.88%, the edge shrinks by a third.

Ultimately, all that really matters is what the public thinks of the horses on the tote board, and one factor that is making it harder for the little horse player to look at these odds against the tote board is how the tote board can move so rapidly through Computer-assisted wagering (CAW).

Unless you're under a rock, a handful of high-volume teams get access to a direct data feed (which the Turk and any other smaller bettor can't get) from the tote system and place enormous bets through automated systems in the final seconds before the gates open. Because pari-mutuel odds are just a function of how the money is distributed in the pool, a large late injection recalculates everything — and by the time the new odds display, the race is already running. You bet a horse at 8-1 and watch him finish at 9-2, all the while these whale teams are getting huge wage rebates.  It's just of a number of factors that are making it harder for Joe Horseplayer to scratch out positive returns.  

Anyway, I think I digressed.  

I like Sovereignty at Saratoga, but I like him at Classic distance more than this.  I think Magnitude will take the lead early. Will he get pressured early? Just thinking about the trainers for a moment.

Asmussen's Magnitude stablemate, Tiztastic,  will only harass early if Magnitude isn't in the lead, but he's really shown no ability to press early.  Mott's Baeza and Sovereignty won't show each other any quarter.  Joesph perhaps will press Forged Steel hard into Magnitude early and keep White Abarrio pressing for his opportunity.  Same owners makes that decision easier for the conditioner. 

It's important to remember we aren't running this race as a Monte Carlo simulation, over and over again within a computer.  

I'm going to box Antiquarian who trained very sharp at Saratoga for Pletcher last week, Baeza and Magnitude, a 3 horse, $2 bet for $12.  If Baeza or Antiquarian can somehow win and Magnitude in Place, there's value worth hunting.  

Why Antiquarian? Why not.  I liked him better than the filly, better than White Abarrio.  This is more about value and looking for slightly improbable than betting highly probable chalk.  

Turk Out!

Friday, May 22, 2026

The Nomination Is In: The Gamely Grade 1 at Santa Anita

 

Rashmi- Benoit Photo

Welcome Friends to The Turk Blog, now in our 19th season of Horse Racing Handicapping, where we have (almost) exclusively handicapped Turf Racing for (mostly) Four year old's and Up over (generally) Routes of Grass up to the Classic Distance.  How is that for a niche blog POV writing about a niche sport in decline?  I'd like to thank the good people at The Thorofan for allowing me the opportunity to share my thoughts with you today.

19 Seasons of Blogging.  I'm not sure if that is an accomplishment or a sad indictment on my life's choices.  I thought Horse Racing was in decline culturally in 2007, and in hindsight the loss of racetracks and the drop in handle should have made it obvious what was coming.  

The statistics are sobering.  There are years when I wonder why I do what I do, but the fact is, I love the animals.  The people, some I like, most I don't, but these equine athletes are who I am loyal to and who I love.   They were bred to run, and while I mourn the race track deaths, without racing, these animals wouldn't be bred at all.  

Where are we now? Total handle on US Thoroughbred racing in 2025 was $11 billion — a sobering number when you put it next to when I started in 2007. 

Here's the big picture:

  • 2003 peak: $15.2 billion
  • 2007: $14.7 billion
  • 2025: $11.0 billion

When factoring in inflation, betting handle has fallen about 57% over the last 22 years. 2025 marked the sixth time in the last seven years that handle has fallen. 

The number of US races fell below 30,000 for the first time since the mid-1950s.

There are many reasons for this, with Computer Assisted Wagering near the top of my list as a player, plus shortsighted and foolish human leadership.  

The one bright spot: bettors wagered more per race than any year in history besides the Covid year of 2020 — so the people still playing are betting more, there are just far fewer of them.

To me, the bigger issue is the loss of racetracks.  While we still have most of the major tracks, they are supported by smaller tracks all over the country, and those are disappearing.  No fewer than 49 racetracks have closed since 2000, and at least a dozen of those closures have come since Covid in 2020 alone. I never thought in my lifetime we'd see Aqueduct, Arlington Park, Hialeah, Hollywood Park and Golden Gate Fields all gone, and that's just to name a few.  

Arlington Park in Illinois after 94 years, Golden Gate Fields in California after 83 years, and Freehold Raceway in New Jersey after 171 years. On the West Coast, Hollywood Park closed in 2013 after 75 years and Bay Meadows closed in 2008 after 74 years.

Since 2000, 41 racetracks permanently closed, with 26 of those within the last 10 years. In contrast, only 2 new racetracks with casinos opened. 

The blunt bottom line: the industry has lost roughly one track every five months for 25 years straight, with almost nothing opening to replace them. Kentucky is essentially the last island of health in the sport, propped up by casino and Historical Horse Racing money, while the rest of the country contracts. 

Combined with the handle data — $15.2 billion in 2003 down to $11 billion in 2025 — it paints a picture of an industry that has lost nearly half its infrastructure and about 30% of its wagering base in a single generation.














When I was growing up in the late 1970's and early 1980's, Formula One, Horse Racing and Heavy Weight Boxing were my favorite sports.  I read the sports page of the newspaper and I was a Sports Illustrated subscription holder and I watched ABC Wide World of Sports.  All three of those sports were headed for the dustbin of irrelevancy, but Formula One figured it out and it's booming, while Boxing is a shell of itself and horse racing infighting and lack of real leadership is killing the sport before our eyes.  

F1 Values (USD)



















But I digress, you came to maybe read about 3 year old and up Fillies and Mares in the Grade 1 Comely and I'm writing the obituary of horse racing.  It may die, but not today! Lets get after it. 


















Early to Late TIMEFORM PACE

The chart above is a Left to Right visualization of the early speed to the closing speed. Thought Process is the most consistent Early Speed, Rashmi with a small sample size is fastest flat runner while Take a Breath and Hang the Moon are Deep closers.  



The chart above counts the number of 20-26 and 2025 races only.  The Standard Deviation is a way of implied consistent efforts.  In a small sample size Rashmi has three Beyer Speed Figures of very similar outcomes, raced respectively at 1 Mile on Firm Turf at Santa Anita.  She own 2 of the 4 90+ Beyer Speed Figs recorded since 2025 by this group.  

It's getting harder as the years go on to find video on all the races.  Apologies, Fan Duel mostly uploads Top of the Stretch to the Wire video, but that said, I found the last race for every runner in the field which is unusual.  

25 April 2026: Santa Anita: The Royal Heroine G3; 1 Mile  Firm Turf; Take a Breath (Win), May Day Ready (Place 1/2 back)


12 April 2026: Keeneland: Allowance N1X $97K; 1 1/8 Miles Firm Turf; Vronti (GB) (Win by 1/2 length)


28 March 2026; Gulfstream Park: Sand Springs Lane $150K; 1 1/16 Firm Turf ; Hang the Moon (Place-neck)


28 March 2026; Santa Anita: The Wilshire G3; 1 Mile on Firm Turf; Rashmi (Win by 2 3/4)


15 March 2026 Santa Anita:  Santa Ana Stakes G3; 1 1/4 Miles Firm Turf.  Take A Breath(W), Public Assembly (1st to 4th last furlong)




28 February 2026: Santa Anita: The Buena Vista G2; 1 Mile  Firm Turf; Thought Process (Win by 2)






























Is that enough information for you?  It's too much for one race, but I like to practice like I play.   I handicap a lot of races that I don't play, I handicap the same way, with consistent data analysis, and when I do play, my ROI on Turf, at Distance, with older runners, is consistently good.  Could I make a living doing this?  No.  Can I have fun when I do occasionally bet money, absolutely!


I'll come back and update the chart at my blog when they publish the Morning Lines.  I don't use Morning Lines for handicapping but I like them for reference against my fair odds.  

I suspect Thought Process will be the betting public pick.  I'm not sure he shouldn't be, but I'm looking at value and I'll be leaving him out of the exacta at my own peril, at best adding him to Place.  Rashmi, the next great Augustin Stable winner for owner and Buffalo Sabres Hall of Fame member George Strawbridge Jr, is my pick.  

It's early, lots of Turf racing to go in 2026, and for me, now is about figuring out who's a contender and who's a pretender. The time for wagering comes when I've seen a few races from each of these horses to know what we have on our hands.

Have fun friends, Turk Out.