Dana,
I am not trying to be a wise guy, but you aren\'t really doing the math with the figures correctly.
Their previous figures are all already adjusted for weight carried in those races. All you need to do when analyzing the current race is compare the weights for that race. In this case, the weights were the same, hence \"no adjustment\". That isn\'t meant to be a debate, that is how Thorograph makes their figures.
As for TGI index, that is debatable how to use it as a handicapping tool. I use it a lot when a horse is trying a distance for the first time. I find it very useful. I don\'t quite get what you are doing when using it for the Smith horse that already had run both sprints and routes and had established form. But that\'s your call. It strikes me as using \"theoretical\" when \"actual\" exists, which isn\'t how I use the index, but to each his own.