About DDSS
Delphi Decision Support System (DDSS)
is a suite of proprietary software applications created and programmed by a
team of professional pari-mutuel investors and business software developers
for their own use. DDSS is the first (and only) race analysis software that
leverages the full potential of enterprise data analysis, data modeling, and
decision-support software to predict the outcome of thoroughbred horse races.
Using the same strict statistical analysis and research procedures that
multinational corporations depend on in their daily business operations, DDSS
represents a conceptual paradigm shift in pari-mutuel race analysis.
Delphi Decision Support System (DDSS)
Selections are based on a dynamic
statistical implementation of a software “learning engine” application. The
software continually analyzes its predictions, compares those predictions to
the actual outcomes, and adjusts its algorithms to optimize results in regularly
scheduled iterations. Just as a jet pilot responds to changing circumstances and
the actions of other pilots and aircraft, so does DDSS continually adjust to
reality and feedback from the external environment.
Conceptually, DDSS is a synthesis of a statistical modeling
application and real-time software applications similar in function to those
used by NASA to control space vehicles. Both applications sense changes in the
external environment and adjust in real time to compensate for those changes. The
regularly scheduled iterations of DDSS core algorithms are extremely important,
and based on ongoing statistical analysis of the current and recent results of
races conducted at more than 25 major and minor thoroughbred tracks.
Typical handicapping software uses "back-fitting" to generate models; only
past events are considered, and the software is adjusted so it
would have
selected the winners if it had been implemented before the race.
Rather than relying on “historical” statistical models that only consider
what has already occurred, DDSS initially alters its algorithms to maximize
return on investment, then continually compares its alterations to the results
of current and future events.
Rather than simplistic "back-fitting" to past results, DDSS functions as a
cybernetic control mechanism, factoring a proprietary blend of win percentage and
average mutuel that maximizes the rate of return across multiple random samplings
of the dataset. That dataset includes both past races and current races; in
essence, DDSS teaches itself to be more profitable.
Strict statistical research methods are used to assure that anomalies--unusual
results, such as occasional longshots--are not allowed to corrupt the validity of
the dataset. Strict research protocols are implemented to "clean" the data, and
assure that anomalies are not included. For example, in calculating the average
mutuel for modeling, all mutuel payoffs greater than 1.5 times the average mutuel
are reduced to that amount. If the average mutuel is $14, a mutuel of $42 will be
automatically reduced to $21 for modeling purposes (1.5 X $14) to avoid the data
corruption that completely destroys the effectiveness of other handicapping
software applications.
The effect of implementing a cybernetic perspective is impressive; before
algorithm changes are incorporated, the entire dataset is re-calculated. The new
algorithms are only incorporated after recalculation establishes that the
new algorithms
would have produced increased returns over the entire dataset
--and in randomly selected samples of current racing events.
The continual testing of the algorithms on current and future racing events,
rather than relying exclusively on past events, is a unique feature that makes
DDSS substantially superior to any other pari-mutuel handicapping application
available. That testing virtually eliminates the “hacker’s curse” of continually
adjusting algorithms and impact values that “would have selected” yesterday’s
winners, but fail to generate a profit when applied to current or future races.
We provide full-service data analysis, data modeling, and software development services for
professional bettors and pari-mutuel investors. Whether you need a database-driven, fully-customized
application developed from the ground up, or modification or upgrade of an existing application, we
can provide cost-effective software solutions to all your race analysis needs. Email us at:
support@ddssratings.com for more information.