A Basic guide on how to use the PAP Sheets
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Below is a basic guide as to using the PAP Sheets that we give out for FREE on the site:

The sheets are a demonstration of the "PAP" (Price and Probability), which is fully explained in Ray Gordon’s book "Price and Probability." Our FREE sample sheets include free ratings and selections (opinions are those for each individual race since many tracks offer "rolling" pick threes throughout the card):

KEY:
Rating = Power rating
No. = Program number
Value = Ray’s morning line
ML = Program morning line
TR = Trainer (when warranted)
Open = Horse’s opening odds
1M = Odds at one minute to post (user input)

Picks: Ray’s picks for the race, expressed as a "handicapping opinion." Opinion structure is as follows: a "slash" (/) represents a clear choice over the next horse/tier, while a dash (-) represents a mild choice. Example opinions:

1/2-3/4 (#1 wins, #2-3 fight for second, #4 fourth).

1-2/3/4 (#1-2 fight to win, #3 third, #4 fourth)
1-2-3/4 (#1-2-3 fight to win, #4 fourth)
1-2-3-4 (#1-2-3-4 all fight to win)
1/2-3-4 (#1 wins, #2-3-4 fight for second)

You generally want your wagers to reflect the opinion. If you like 1/2-3-4, that would be reflected by keying #1 over #2-3-4, whereas if the opinion is 1-2-3-4, you might box all four horses (if you want to spend the money). If the opinion is 1/2/3-4, you might box #1-2, play 1-2/3-4, etc. Extra horses (beyond three tiers or five horses) are listed in case of scratches. Ray picks about 23 percent winners at 7-2, but results may vary.

If you have further questions, please contact us!

By clicking this link, you can see EIGHT of the signers the method hit in 2009!!

Price and Probability on MySpace!

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