Jimbo-- by the time the day gets to me, it\'s in the form of a \"rundown\"-- we have input all the data, and the computer has spit out a winning figure for each race based on a \"mechanical\" variant (formula driven average for the day, sometimes turns out to be close and sometimes not), and a figure for every horse based on their relationship to the winning figure, due to beaten lengths, ground, and weight. I then make \"corrections\"-- which basically means decide what figures should be assigned to each race (as opposed to each horse-- you can only adjust a race as a whole, or I really would be doing the nonsense that Friedman claims I am of \"giving horses what I want\").
In order to see how I did a day, you don\'t really need to see what the overall variant was (in this cast about minus 6 from a totally arbitrary \"par\", before my adjustments). You just need to see how I did the races relative to each other. Adjustments of a point or so in either direction from where you think the day is (even assuming you think it did not change) are nothing-- the underlying data is not nearly accurate enough to support the position that what you have come up with is exact race to race (wind readings, wind formula, slight changes in track speed, let alone the significant ones I talk about in \"Changing Track Speeds\").
Except, of course, if you are a religious fundamentalist:
\"Now I am ready to change the variant to fine-tune the number based on an analytical look at each horse\'s development-- but if I change one figure, I must equally change them all. If I want to change Holy Bull\'s provisional rating for a 1 1/4 mile race from 5 1/4 to the more likely 4, I must subtract 1 1/4 from every other horse-- including sprinters-- running on the dirt that day. I can\'t tidy up the horses\' lines by subtracting a point here and adding a point there\".
--- Len Ragozin (\"with Len Friedman\"), \"The Odds Must Be Crazy\", page 53.
That is absolutely true. But only if you assume that the time you are using is exact, track speed is a constant (see \"Changing Track Speeds\" in the archives), that the relationship between distances is a constant (ditto, also note changing runups), that your wind information is accurate (it\'s an estimate, usually done before or after a race, not during), and your wind formula accurate (another estimate based on looking at the AVERAGE effect of wind over lots of races, and doesn\'t take into account the currents that are created when wind hits a big building at different angles).
Other than that it\'s fine.